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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report.

Global 344
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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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An article in the latest issue of IEA Energy: The Journal of the International Energy Agency reports that Estonia, which has the most developed oil shale industry in the world, is collaborating in pursuing wider use of oil shale in a cleaner, more sustainable manner. Different that shale oil—i.e., million (US$12.8

Estonia 236
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Direct lithium extraction company EnergyX secures $20M in funding commitments

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(EnergyX) has secured commitments of $20 million in financing. In 2020, EnergyX announced a pilot partnership with Orocobre Limited ( earlier post ) to deliver high-quality and comprehensive solutions that will lead to a cleaner, more efficient lithium extraction. Earlier post.) tons by 2040.

Companies 448
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IEA: global energy investment stabilized above $1.8T in 2018; security and sustainability concerns growing

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Global energy investment stabilized in 2018, ending three consecutive years of decline, as capital spending on oil, gas and coal supply bounced back while investment stalled for energy efficiency and renewables, according to the International Energy Agency’s latest annual review. Global energy investment totalled more than US$1.8

2018 191
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock. thousand in 2017.

Coal 243
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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In terms of investment in innovation for cleaner energy, the plan calls for: Investment in advanced fossil energy projects. In addition, the President has directed his Administration to purchase cleaner alternatives to HFCs whenever feasible and transition over time to equipment that uses safer and more sustainable alternatives.

Obama 249
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US Fuels acquires coal-to-diesel IP for scalable plants near mine sites

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The acquisition will be underwritten by Global Private Funding Inc. Global), a private equity lender, by way of their Business Incubation Program. USFF’s model attracted the attention of GPF Real Estate & Financing Corporation (Global REFCo), a subsidiary of Global Private Funding, Inc. Andrew Halarewicz, Sr.

Coal 225