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Deloitte forecasts clean hydrogen market to hit US$1.4T per year by 2050

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In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 To achieve climate neutrality by 2050, the clean hydrogen market capacity can grow to 170 million tons (MtH 2 eq) in 2030 and to 600 MtH 2 eq in 2050.

Clean 429
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World Bank Group: mineral production to soar as demand for clean energy increases

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A new World Bank Group report finds that the production of minerals, such as graphite, lithium and cobalt, could increase by nearly 500% by 2050, to meet the growing demand for clean energy technologies. Source: “Minerals for Climate Action: The Mineral Intensity of the Clean Energy Transition”.

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IEEE Young Professionals Take On Climate Change

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Developing technology to address the causes of climate change, mitigate its impact, and adapt to the crisis is one of IEEE’s top priorities. To assist with that effort, the IEEE Young Professionals group this year launched its Climate and Sustainability Task Force. Partnering with IRENA, the U.N.,

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Summary of decisions from Durban climate conference

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Countries meeting in Durban, South Africa, managed to deliver an agreement after an extension to negotiations. Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. markets all remain in action as effective tools to leverage global climate action and as models to inform.

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Occidental to acquire direct air capture technology company Carbon Engineering for $1.1B

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Carbon Engineering’s DAC-based climate solutions utilize standardized processes and proven industrial equipment. Occidental is an international energy company with assets primarily in the United States, the Middle East and North Africa. Earlier post.)

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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World Bank report examines likely impacts and risks associated with a 4 °C global warming within this century

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A new report commissioned by the World Bank, and prepared by the Potsdam Institute for Climate Impact Research (PIK) and Climate Analytics, provides a snapshot of recent scientific literature and new analyses of likely impacts and risks that would be associated with a 4 °C global warming within this century.