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China’s economic stimulus to spark robust copper consumption in 2024 – ET Auto

Baua Electric

Demand from China’s green energy sector, notably for electric vehicles and power infrastructure, is expected to underpin copper prices. As the country ramps up its economic stimulus, imports of unwrought copper, copper products, and ores are projected to increase in anticipation of higher demand.

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Germany and Namibia form partnership for green hydrogen

Green Car Congress

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. High wind speeds in Namibia mean that the generation of wind power is particularly profitable. Namibia has enormous potential for scaling up a green hydrogen industry.

Namibia 337
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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. gal last summer. gal on 22 March.

2019 186
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Ryder Awarded First-of-Its-Kind Natural Gas Heavy Duty Truck Rental and Leasing Project Using $19.3M in Stimulus Funding

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As part of the project, Ryder will purchase more than 200 heavy-duty natural gas powered trucks. In addition to reducing emissions, with natural gas fuel prices significantly and consistently lower than diesel fuel, Ryder customers who incorporate natural gas vehicles in their fleet have the opportunity to realize additional cost savings.

Stimulus 186
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Pike forecasts 26.4% CAGR for electric-drive buses to 2018; hybrid, battery-electric and fuel cell

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This latter development is due as much to the fact that developed bus markets may experience a general slowdown, due to austerity measures and the end of stimulus funding, as to any changes in demand for electric drive. Europe is behind on hybrid bus deployments, although stimulus. grants to offset the price premium.

2018 276
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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The automotive industry is living proof that private companies will rarely change their behaviors without a significant stimulus to that change, and furthermore one that needs to be mandated. Power plant capital costs. The same can be said for the electricity companies that generate power in the USA. Source: EIA.

Renewable 220
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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. IRENA’s macroeconomic analysis suggests that such investment creates a stimulus that, together with other pro-growth policies, will: boost global GDP by 0.8%

Renewable 199