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Benchmark: global battery industry needs to invest $514B to meet demand in 2030; $920B by 2035

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Globally, the battery industry needs to invest at least $514 billion across the whole supply chain to meet expected demand in 2030, and $920 billion by 2035, according to a new analysis by Benchmark. Global investment in technologies to help the energy transition reached a record $1.3 trillion in 2022, IRENA said. Closing this 2.7

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Report Finds That Urgent Changes in Transport Financing Required to Enable More Sustainable Transportation Globally

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trillion is spent annually on transport globally, mostly in ways that exacerbate rather than solve the problems associated with traffic growth, including congestion, health-harming air pollution, accidents, energy insecurity, and climate change. The report, A Paradigm Shift Towards Sustainable Low Carbon Transport , finds that more than $1.5

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Rio Tinto, Mongolia resolve issues over $6.925B Oyu Tolgoi copper project; underground operations to start

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To date, conditions relating to the following measures have been addressed: the waiving of the carry account loan; the improved cooperation with EOT; the implementation of measures to monitor OT underground development financing mechanisms and enhance ESG matters; the approval of the Electricity Supply Agreement; and.

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Digital Currency and Trade Systems Are Tearing up the Rules

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The next big thing in global commerce is "trust chain" digital platforms. These platforms bring with them the enormous challenge of transforming diverse legacy systems—for payments, taxes, shipping, customs, and more—to make them suited for a new uniform digital platform. These digital currencies are on the rise.

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

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). by Bill Cooke. Billion vs. $28.3 Billion in 2008). Many participants at the conference expect a 30% decline for the year overall.

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UNEP and partners launch Global Initiative for Resource-Efficient Cities; role of public transport

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In such a rapidly urbanizing world, cities are increasingly becoming the focus of international sustainability efforts. The new Global Initiative for Resource Efficiency Cities aims to provide cities with a common framework for assessing environmental performance and encouraging innovative sustainability measures.

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First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

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The feasibility study demonstrates that the First Cobalt Refinery project can become a viable, globally competitive player in the North American and European electric vehicle (EV) supply chain. The study shows strong asset-level economics that position the refinery to be competitive globally and provide attractive investment returns.

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