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RUSAL opens new low-carbon aluminum smelter in Taishet

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The smelter operates on clean energy from Siberian hydroelectric power plants, which together with modern gas cleaning equipment and a closed water circulation system, has a low level impact on the environment. TaAZ is the third low-carbon aluminum smelter to be built by RUSAL, with an overall cost of more than $1.69

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Sasol bails on $13-$15B US GTL project, divests from Canadian shale; no new greenfield GTL

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At the company’s Capital Markets Day 2017 in Johannesburg, South Africa, Sasol management said that the company will no longer pursue its proposed ) project in the US ( earlier post ) and furthermore will not invest in additional greenfields gas-to-liquids (GTL) projects. —Stephen Cornell.

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UN report projects that increasing use of HFCs likely to have a significant climate impact by 2050; equivalent to current total annual emissions from transport

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A new report from the UN Environment Programme (UNEP) projects that by 2050, hydrofluorocarbons (HFCs) could be responsible for emissions equivalent to 3.5 The report is the first of three being launched this week by UNEP in the run-up to the UN climate convention meeting in Durban, South Africa. Source: UNEP. Click to enlarge.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. The report calculates the cost of producing electricity from different types of new power plants. 2010 and 2015 LCOE ranges for solar and wind technologies. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA.

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Devil in the Details: World Leaders Scramble To Salvage and Shape Copenhagens UNFCCC Climate Summit

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The last official UNFCCC meeting prior to the 15 th Congress ended 6 November in Barcelona, and environment ministers have been shuttling in and out of Copenhagen since then to conduct ad hoc negotiations prior to the summit. ” —British Energy Secretary Ed Miliband, summing up the historical significance of COP 15. ºF) increase.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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billion) and South Africa ($5.5 In the UK and Germany we are seeing a move away from feed-in tariffs and green certificates, towards reverse auctions and subsidy caps, aimed at capping the cost of the transition to consumers. Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2

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We Need More Than Just Electric Vehicles

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The total cost of purchasing and driving one—the cost of ownership—has fallen nearly to parity with a typical gasoline-fueled car. Although EV battery costs have fallen dramatically over the past decade, the International Energy Agency is projecting a. EVs have finally come of age. passenger vehicles.