Remove Climate Remove Future Remove Industrial Remove Stimulus
article thumbnail

Zero-Emission Truck (ZET) Coalition calls for government to prioritize investments benefiting ZETs

Green Car Congress

The National Zero-Emission Truck (ZET) Coalition, including some four dozen organizations representing the US’ major heavy truck makers, innovators, suppliers and key stakeholders, sent a letter to Congressional leadership calling on any stimulus or recovery legislative package to prioritize investments that benefit U.S.

article thumbnail

thyssenkrupp Steel, HKM and Port of Rotterdam jointly investigate setting up hydrogen supply chains

Green Car Congress

In the course of their transformation paths towards climate-neutral steel making, thyssenkrupp Steel and HKM will require large and increasing quantities of hydrogen to produce steel without coal. Green hydrogen is a sustainable alternative to coal, oil and natural gas.

Hydrogen 305
article thumbnail

European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

Green Car Congress

Such schemes should be enhanced by scrapping premiums, and should take into account society’s climate ambitions and resource-efficiency objectives in concert with the economic impact. We need a coordinated relaunch of industrial and retail activity, with maintained liquidity for businesses.

Renewable 207
article thumbnail

ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

Green Car Congress

The mean cost of cost of climate change for the four countries—Indonesia, Philippines, Thailand, and Viet Nam—under a “business-as-usual” scenario and if market and non-market impacts and catastrophic risks are all considered could be equivalent to losing 6.7%

article thumbnail

Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

The stimulus package is designed to address the recession and in the short term people were anxiously awaiting two key components of the plan: clarification on the details behind “ grants in lieu of tax credits ” and awards of loan guarantees by the DOE from section 1705. Annual investment in the global renewables industry had grown from $16.5

Financing 150
article thumbnail

Research Suggests Renewables Could Generate 40% of Global Power by 2050

Green Car Congress

Renewable energy technologies could generate 40% of the world’s electricity by 2050, according to research presented at the International Scientific Congress “Climate Change: Global Risks, Challenges & Decisions”. The industrial powerhouse also used 347,000 tonnes of biomass in the same period, up 50% year-on-year.

article thumbnail

Can green cars solve automotive crisis? The Green Piece

Green Cars News

With few of us having the cash or credit to buy an expensive new addition, the bottom seems to have fallen out of the automotive industry which has been plunged into crisis. Perhaps the most promising sign for the major car manufacturers in the current climate is that there is serious backing for green cars to succeed. Faye Sunderland.