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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.

BMW 221
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Study finds global oil demand likely to grow despite pandemic, climate policies

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Forty-four leading energy and transportation experts developed the scenarios, which featured varying speeds of economic recovery, levels of government intervention in energy markets and endurance of mobility trends that started during pandemic lockdowns. In three of the four scenarios, global oil demand continued to grow through 2030.

Oil 259
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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

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Although markets have dealt with the supply overhang for the better part of two years, the surplus could flip to a deficit as early as this year, as declines exceed new sources of production by a few hundred thousand barrels per day. Of course, these figures are not inevitable. Bank Wealth Management, told the WSJ.

Oil 150
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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. I am proud that Germany is the first country to officially form a hydrogen partnership with Namibia. Namibia has enormous potential for scaling up a green hydrogen industry.

Namibia 337
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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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The report indicates that “ the G7 will need to assist emerging market and developing countries in tackling their greater debt and finance constraints that have resulted from the pandemic, and embark on programmes of green recovery and transformation ”. The report says that $1.5-1.7

Global 170
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European automotive sector calls for vehicle renewal incentives to kickstart economic recovery after COVID-19; 25-point action plan

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The response to COVID-19 is having a major impact on the economy, with retail and manufacturing activity crippled without precedence and concerns mounting on consumer sentiment. Demand stimulus will boost the utilization of our manufacturing capacity, safeguarding jobs and investments.

Renewable 207
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Brookings analysts recommend against repeating cash for clunkers program in future recession

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jobs for each million dollars of program costs) than other fiscal stimulus programs, such as increasing unemployment aid, reducing employers’ and employees'' payroll taxes, or allowing the expensing of investment costs. After the “clunker” was traded in, its engine was destroyed. miles per gallon (9.4 l/100 km), compared to the 15.8