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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

Volvo Cars successfully placed its first green bond, raising €500 million from a diverse group of institutional investors and further increasing the company’s financial flexibility. A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects.

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CSIRO’S Circular Economy Roadmap charts path to triple job creation

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The National Circular Economy Roadmap found innovation is crucial to realizing Australia’s largest economic gains, which will come from designing new products and materials, including through advanced manufacturing, and in embracing new business models that will create domestic and export markets for waste streams.

Economy 418
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US designates Graphite One Project as “High-Priority Infrastructure Project”

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announced that it received notice on 15 January 2021 that its Alaska-based Graphite Creek Project has been designated a High-Priority Infrastructure Project (HPIP) by the US Government’s Federal Permitting Improvement Steering Committee (FPISC). Canada-based Graphite One Inc. and General Motors.

Design 418
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Cummins provides 20MW PEM electrolyzer to Air Liquide for green hydrogen production

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has provided a 20-megawatt PEM electrolyzer system to generate green hydrogen, making it the largest in operation in the world. Here we are seeing how green hydrogen can improve sustainability for industrial manufacturing and how the demand for decarbonized hydrogen solutions will grow.

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Paxocean, Hong Lam Marine and Bureau Veritas partner to develop design for ammonia bunker vessel

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has signed a Memorandum of Understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine and classification society Bureau Veritas (BV) jointly to develop an ammonia bunker vessel design. With the signing of this MOU, PaxOcean will focus on developing designs for ammonia-fueled and ammonia bunkering vessels.

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LADWP joins HyDeal LA, targets green hydrogen at $1.50/kg by 2030

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The Green Hydrogen Coalition, in conjunction with the Los Angeles Department of Water and Power (LADWP) and other key partners, launched HyDeal LA , an initiative to achieve at-scale green hydrogen procurement at $1.50/kilogram Green hydrogen is the key to reliably achieving 100% renewable energy. kg before 2030.

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Assessment of US CAFE fuel economy standards finds big savings on fuel and emissions since inception

Green Car Congress

In one of the first comprehensive assessments of the fuel economy standards in the United States, researchers from Princeton University and the University of Tennessee found that, over their 40-year history, the standards helped reduce reliance on foreign oil producers, cut greenhouse gas emissions, and saved consumers money. since 1975.