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BNEF: steel industry set to pivot to hydrogen in green push; additional $278B for clean capacity and retrofits

Green Car Congress

Steel production could be made with almost no carbon emissions through $278 billion of extra investment by 2050, according to a new report from research firm BloombergNEF (BNEF). Hydrogen and recycling are likely to play a central role in reducing emissions from steel production. Source: BloombergNEF.

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IIASA study proposes solid air hydrogen liquefaction as efficient addition to hydrogen liquefaction supply chain

Green Car Congress

The COVID-19 pandemic and the Russia-Ukraine war have further increased the interest of Europe and Western countries to invest in the hydrogen economy as an alternative to fossil fuels. However, hydrogen is a particularly challenging product to transport safely. The hydrogen is liquefied where electricity is cheap. Montanari, P.,

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Russian researchers find simple, efficient way to strengthen aluminum-based composite materials

Green Car Congress

However, we are not going to stop here, and in the future we plan to continue working on the creation of more advanced, complex (3-, 4 - and more phase) and cheap composites, the production cycle of which will include the use of aluminum of technical purity and cheaper alloying components.

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China says it will ‘rein in’ the flood of EVs coming our way

Baua Electric

But now China has said it will “rein in” some of its huge EV expansive in response to criticism of “unfair” industrial and trade policies. There are also some disorderly competition behaviors,” Xin Guobin, vice-minister of industry and information technology, told the Financial Times. What that means is anyone’s guess.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 Technologically, the auto industry could well be on the cusp of its biggest set of changes since the invention of the internal-combustion engine more than 100 years ago. million units in 2011 and only 13.6 million in 2012.

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$67 Oil Has All The Majors Converging in Argentina

Green Car Congress

But with the crash in prices since mid-2014, the effect of the regulation has reversed: motorists are now effectively subsidizing the oil industry. That means consumers are not reaping the benefits of cheap fuel. The higher prices they pay offer a huge lifeline for the oil industry. per million Btu (MMBtu).

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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Climate Change. Gas is the only answer.

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