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IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19

Green Car Congress

IHS Markit is forecasting that global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 will be down 22% (more than 650,000 units) to 2.6 These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% decline in global real GDP in 2020.

2020 191
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Dow to produce advantaged materials for energy storage; initial focus on automotive

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The Dow Chemical Company is organizing a new business that will manufacture advantaged battery materials for the energy storage industry. —Monty Bayer, global business director, Dow Ventures & Business Development, Licensing and Venture Capital. Dow anticipates sales to begin in 2012.

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IEA: global carbon dioxide emissions have rebounded strongly

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The Covid-19 crisis in 2020 triggered the largest annual drop in global energy-related carbon dioxide emissions since the Second World War, according to IEA data, but the overall decline of about 6% masks wide variations depending on the region and the time of year. Many economies are now seeing emissions climbing above pre-crisis levels.

Emissions 433
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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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Total global oil production could decline for the next several years in a row as scarce new sources of supply come online. According to data from Rystad Energy, overall global oil output will fall this year as natural depletion overwhelms all new sources of supply. by Nick Cunningham of Oilprice.com.

Oil 150
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Volvo to Introduce Proprietary Medium-Duty Engine in 2010

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Volvo will use EGR, SCR and DPF technology in its global heavy duty engine platform. EPA 2010; EPA Tier 4i (offroad); Euro 6; Japan PNLT (Post New Long-term)—will become more harmonized. The company is already planning to apply the Volvo Group heavy-duty (HD) engine platform in all HD trucks. Click to enlarge. Leif Johansson.

Volvo 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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ACORE is an organization of member companies and institutions that are dedicated to moving renewable energy into the mainstream of America’s economy. We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” The US is in a race for global dominance in the new energy economy with China.

Financing 150
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Nissan reports significant net loss

Green Cars News

The company was particularly hard hit in the USA were just 856,000 units were sold - a slump by 19.1%. In Europe sales amassed 530,000 units - down 16.7%; while in Japan, sales dropped to 612,000 units, down 15.1%. The global sales forecast for fiscal 2009 is 3.08 million units.

Nissan 36