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Germany approves €900M for green hydrogen project H2Global

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Germany’s Federal Ministry of Economic Affairs and Climate Protection (BMWi) has approved €900 million for the innovative funding instrument H2Global. —Robert Habeck, Federal Minister of Economic Affairs and Climate Protection.

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Porsche strengthens commitment to industrial production of eFuels with $75M investment in HIF Global

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With its investment in HIF Global LLC, Porsche is participating in an international financing round alongside the Chilean company Andes Mining & Energy (AME) and the American companies EIG, Baker Hughes Company and Gemstone Investments. These electricity-based synthetic fuels enable nearly-CO 2 -neutral operation of combustion engines.

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Bosch Chairman Says Business Must Do More for Climate Protection, Even in Difficult Times

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Business must do even more for climate protection, even in difficult times, said Franz Fehrenbach, chairman of the Bosch board of management, an a talk at the Baden-Württemberg sustainability congress held in Stuttgart on 25 March ( Nachhaltigkeitskongress Baden-Württemberg 2009 ).

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) The legislation would enact a fee of $20 per ton or carbon or methane equivalent, rising at 5.6%

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Germany announces plan for EV subsidy reductions

Teslarati

German politicians said in December that they planned to reduce the incentive program to vehicles that “demonstrably have a positive climate-protection effect,” the Associated Press said. We simply cannot afford misguided subsidies anymore,” Lindner said, arguing that incentives cost the government billions of dollars.

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Member of Swiss National Councils fills up with sunfire solar diesel to call attention to need for regulatory reform

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Böhni emphasized that the production of climate-neutral fuel is key to climate protection and therefore needs to be given a fair chance; he established the Clean Fuel Now initiative at the Federal Parliament in Bern in late 2014. Climate change is happening much faster than we thought a few years ago. Earlier post.).

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German OEMs to upgrade emissions control on 5.3M Euro 5 and 6 diesels, contribute to €500M Sustainable Mobility fund

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The Federal and state governments also expect the manufacturers to use self-financed competitive measures to provide incentives for the change of pre-Euro-5 diesel vehicles to vehicles with the latest exhaust gas aftertreatment or electric vehicles. In this sense, modern and clean diesel technology can also contribute to climate protection.

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