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Study: 25% EV adoption would save US $17B annually from avoided climate change & pollution damages

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A new study led by researchers from Northwestern University projects that if electric vehicles replaced 25% of combustion engine cars currently on the road, the United States would save approximately $17 billion annually by avoiding damages from climate change and air pollution. Peters, D.

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Study forecasts even with modest warming, global energy demand to increase by mid-century

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A new study published in Nature Communications by researchers from IIASA, Boston University, and the Ca’ Foscari University of Venice found that by mid-century, climate change will increase the demand for energy globally, even with modest warming.

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Nornickel presents market review of nickel and platinum group metals

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This was caused not only by a 45% price increase in 2022 and a subsequent correction, but also by worsening market fundamentals. At the same time, robust demand for nickel in alloys and special steel sectors supports prices of the exchange-traded Class 1 nickel. The forecast for nickel supply in 2023 is almost unchanged at 3.45

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UN report highlights urgent need to tackle impact of EV battery production boom

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Demand for raw materials used in the production of electric car batteries is set to soar, prompting the UN trade body, UNCTAD (United Nations Conference on Trade and Development), to call for the social and environmental impacts of the extraction of raw materials, which include human rights abuses, to be addressed urgently.

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BCG forecasts electrified vehicles to take half of global auto market by 2030; hybrids to dominate

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In a new report (its fourth on electric car adoption) the Boston Consulting Group forecasts that a combination of hybrid and fully electric powertrains will cut the global market share of pure internal combustion engines (ICEs) by about 50% by 2030. The third relevant area of technology is electric power generation.

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Stanford Energy Modeling Forum project confirms carbon pricing can be effective way to curb GHG emissions

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In addition to the standard emphasis on the effects of such policies on emissions, energy prices and macroeconomic performance, the EMF 32 researchers are particularly interested in how fiscal decisions on revenue distribution might also affect these outcomes. Weyant (2018) Climate Change Economics. Change Econ.

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State Department issues Draft Supplemental Environmental Impact Statement on Keystone XL Pipeline: climate change impacts

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The document is a detailed draft technical review of potential environmental impacts associated with the segment of the pipeline in the US, including: impacts from construction, impacts from potential spills, impacts related to climate change, and economic impacts. Greenhouse gas LCA analysis. What Keystone XL would carry.