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Next Fuel, Inc. signs definitive agreement to field test coal-to-gas technology in China; Chinese partner makes strategic investment

Green Car Congress

The company also announced that persons affiliated with Future Fuel made the second part of a $2-million strategic investment in Next Fuel and now own 1 million shares of common stock, which exceeds 10% of Next Fuel’s outstanding shares, and a representative of the investor group joined the Board of Directors. Next Fuel, Inc.,

Coal 199
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8 development banks commit to provide more than $175B to scale up support for sustainable transport

Green Car Congress

Developing countries have the opportunity to leapfrog to a greener future of less motorization, shorter commutes, and more energy efficient transport systems. Rapid motorization is creating more congestion, air pollution, traffic accidents and greenhouse gas emissions—especially in developing countries.

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GE and Shenhua open coal gasification joint venture in China

Green Car Congress

A new report from GBI Research forecasts that the Asia-Pacific region will become the leading coal-producing region in the future, led by China. At 14%, China holds the most coal reserves in the region, the majority of these reserves are concentrated in the provinces of Inner Mongolia, Shanxi, Shandong, Xinjiang, Qinghai, Gansu and Ningxia.

Coal 199