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

Green Car Congress

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. Overall, this outlook shows clean hydrogen delivering crucial carbon emission reductions. trillion in developing economies.

Clean 429
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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. Most notably, Vietnam, South Africa, Mexico and Morocco led the rankings with a combined investment of $16 billion in 2018. —Luiza Demôro, project manager for BloombergNEF. billion in 2018.

Coal 243
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Environmental groups: JPMorgan Chase emissions targets are ‘fig leaf for fossil expansion’

Electrek

more… The post Environmental groups: JPMorgan Chase emissions targets are ‘fig leaf for fossil expansion’ appeared first on Electrek. According to the Rainforest Action Network, Dimon either dismissed those questions, punted, or demonstrated an apparent misunderstanding of his bank’s policies.

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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.

Climate 294
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Bharat Forge’s Amit Kalyani on what’s wrong with India’s EV model and whether green hydrogen is the silver bullet – ET Auto

Baua Electric

Amit Kalyani One of India’s leading manufacturing multinationals, Bharat Forge , on Tuesday called for a more innovative approach to electric vehicles (EVs) in the country’s climate action agenda which is not based on copying China’s battery-based model. “India has significant financing needs.

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Shipping industry, Oxfam and WWF call on COP 17 delegates to provide IMO with clear guidance on reducing shipping GHG emissions; potential for contributing to Green Climate Fund

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This includes the possibility of the adoption by IMO of a compensation mechanism through which a significant share of any revenues collected from international shipping could be directed to developing countries and provide a new source of finance to support their efforts to tackle climate change.

Climate 218
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2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

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The prize recognizes promising projects that reduce greenhouse gas emissions or promote carbon uptake. in addition to Opus 12, they are: WILDCOAST (Imperial Beach, California) is working to secure a resilient coastline to help protect communities, economies and ecosystems from climate change impacts in the Gulf of California.

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