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

Green Car Congress

Reducing our carbon emissions and the physical and economic damages from unmitigated climate change is a massive win for nations and businesses alike. If policymakers and business leaders provide decisive support of the market, green hydrogen can outcompete carbon-intensive hydrogen production in less than 10 years.

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German High Court Rules Delaying Climate Action Harms Youth

EV Obssesion

Germany’s highest court ruled Thursday that the country’s 2019 climate law unconstitutionally saddles young people with the burden of fighting climate change by “irreversibly offload[ing] major emission reductions burdens onto periods after 2030.” The case was brought by […].

Climate 114
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

Germany has embarked on a large-scale Energiewende (energy transition)—a policy-driven shift away from nuclear and fossil energy to a renewable energy economy. This scenario would ensure that Germany meets its climate targets, Siemens said. Source: Siemens. Click to enlarge. Electricity prices in comparison.

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Porsche launches carbon offsetting program for US drivers

Green Car Congress

Impact has been available to customers in Germany, the UK, and Poland since late 2018. The Porsche Impact offset programs are managed by South Pole, a Swiss-based provider of carbon offsetting projects and sustainability financing that has been active internationally for more than a decade.

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Climate Talks End In Copenhagen Accord; Countries Settle On Non- Binding 2 ºC Warming Limit

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Finance structures would be created and funded by developed countries, encouraging developing countries and emerging economies to minimize future emissions and adapt to future effects of climate change. The relative valuation of potential emissions offsets (e.g. degrees Celsius.

Climate 236
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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. The inaugural meeting of the G-20 took place in Berlin, on December 15-16, 1999, hosted by German and Canadian finance ministers.

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EIU/Swiss Re report finds significant financial risk is most acute hazard for renewable energy sector

Green Car Congress

Based on a survey of 284 senior-level renewable energy executives, the report canvasses the risks in financing, constructing and operating renewable energy projects as well as the risk management challenges that the renewable energy industry must confront. Here, cuts in solar feed-in tariffs range from 15% in Germany to 70% in the UK.

Renewable 199