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Can a New Power Link Boost the EU’s Energy Independence?

Cars That Think

But i n a side room away from media attention, a different climate discussion concluded more auspiciously. But if they succeed, it will mark a bold feat of engineering to boost clean energy and fight climate. A 2022 road map from the World Bank, the International Finance Corp., GW , by 2030. pavilion at COP29.

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EV Tax Credits Are Working—Cutting Them Now Would Be a Costly Mistake

Plug in America

Accessing the full amount of the credit at the point of sale saves consumers money on finance charges, makes the tax credit available to those who don’t pay much in income taxes, and makes both new and used EVs more accessible. manufacturing renaissance. As international markets shift to EVs, without federal support to help the U.S.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

Green Car Congress

Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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ClearFlame Engine Technologies secures $17M in Series A financing

Green Car Congress

ClearFlame Engine Technologies , a startup developing net-zero engine technology ( earlier post ), has secured $17 million in Series A financing, which will enable commercialization of the company’s innovative engine technology for the long-haul trucking, agriculture and power generation sectors.

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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

Green Car Congress

In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050.

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CARB approves $2.6B investment for clean cars, trucks, mobility options

Green Car Congress

Supported projects range from incentives for cleaner trucks and buses, and mobility options such as bike- and car-sharing, to consumer rebates for clean cars. billion Fiscal Year 2022-23 Funding Plan for Clean Transportation Incentives will benefit priority populations. billion for clean trucks and buses, and off-road equipment.

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

Green Car Congress

New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. China, both the world’s largest CO 2 emitter and largest market for clean energy production and consumption, played a crucial role in the story. billion and $2.7

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