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BMW, Bosch, Volkswagen founding members of Quantum Technology and Application Consortium (QUTAC)

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Specifically, applications for the technology, chemical and pharmaceutical, insurance and automotive industries are to be brought to market maturity. In the Stimulus and Future Package, the German Government has given a big boost to the development of Quantum Computers. QUTAC sees itself as a platform for action.

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Germany and Namibia form partnership for green hydrogen

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The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. Namibia has enormous potential for scaling up a green hydrogen industry. It has a lot of vast unused space.

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LSE report calls for global investment of an additional $3T each year to drive economic recovery and transformation

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It recommends that these should be a central part of the recovery packages of the G7 countries, which together should increase their annual investment by 2% of GDP, or $1 trillion, compared to pre-pandemic levels. The report highlights the potential for investments in zero-emissions energy and transport to create new jobs and economic growth.

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Industrial material prices fall sharply on concerns about Chinese slowdown – ET Auto

Baua Electric

Prices for industrial materials such as ferrous and nonferrous metals are plummeting, with steel marking a five-year low as concerns grow about a slowing Chinese economy and a resulting supply glut, reported Nikkei Asia. Crude steel production in China also increased 6 per cent to 261.6 million tonne, according to Nikkei Asia.

Chinese 40
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Study Finds Global CO2 Emissions Dropped 1.3% in 2009; Emissions in China and India Rose 9% and 6%

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The decrease in emissions follow the decrease in the global economy. When China invests in roads or buildings, this causes large emissions, as industries like cement and steel industries are very emission intensive ”, Peters said. China also has a large export sector. Resources.

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China Car Sales Likely Hit New Record in April

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Bolstered by government stimulus plans, sales of autos in China likely reached a record high of 1.15 Assuming the CAAM figures are borne out by official data, April would be the fifth straight month of growth for the industry. People’s Daily. Official figures for vehicle production and sales are scheduled for release next Monday.

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

Green Car Congress

ACORE is an organization of member companies and institutions that are dedicated to moving renewable energy into the mainstream of America’s economy. As another panelist pointed out, “ The New York Times is well-equipped to write the article about how Stimulus Funds have been wasted ”. Billion vs. $28.3 Billion in 2008). Neil Auerbach.

Financing 150