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Shell and Uniper join forces to drive development of hydrogen economy in Europe

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and Uniper Hydrogen GmbH have signed a memorandum of understanding (“MoU”) to explore accelerating the development of a hydrogen economy in Europe. Taking a full value chain approach, Shell and Uniper will work backwards from customer demand to identify key opportunities to develop the foundation of a new hydrogen economy in Europe.

Hydrogen 210
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BMW Group to procure low-carbon steel from Salzgitter AG for European plants; second low-carbon steel deal

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The BMW Group is expanding sourcing of low-carbon steel to two suppliers, meeting up to 40% of steel demand at European plants by 2030. earlier post ) The BMW Group has now signed an agreement with Salzgitter AG for delivery of low-carbon steel. Our aim is to reduce vehicles’ lifecycle carbon footprint with a holistic approach.

Carbon 293
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First carbon-neutral lithium extraction project to start in Germany

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EIT InnoEnergy, the European innovation engine for sustainable energy, announced a partnership with Vulcan Energy Resources Limited (Vulcan), a start-up lithium exploration company, to produce the world’s first completely carbon-neutral lithium in Germany. As a result, the carbon footprint of the production process could even be negative.

Germany 491
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ArcelorMittal and Gonvarri to cooperate more closely on reducing CO2 emissions

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ArcelorMittal Europe – Flat Products and Gonvarri Industries have signed a Memorandum of Understanding to cooperate more closely on reducing CO 2 emissions and strengthening both companies’ sustainability performance in the automotive market. The company has further committed to carbon neutrality by 2050.

Emissions 218
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Fujitsu & Teijin in joint trials with V Frames & Advanced Bikes with recycled carbon fiber; blockchain platform

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As part the trials, Teijin and Fujitsu will leverage a blockchain-based commercial platform launched in July 2022 to promote the sustainable use of recycled materials, tracing and management of greenhouse gas (GHG) emissions within the environmentally-conscious bicycle industry. Earlier post.) Earlier post.)

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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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The year 2022 was marked by the emergence of longer-term economic repercussions of the COVID-19 pandemic and an unexpected war in Eastern Europe that caused turmoil in energy markets. Consequently, the US economy grew 1.9% Outside of the power sector, emissions increased slightly. in 2022, down from a 5.7% GDP increase in 2021.

Emissions 273
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Porsche and Hydro to cooperate on low-carbon aluminum and battery materials recycling

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Porsche AG and Norsk Hydro ASA will work together to further reduce the carbon footprint of Porsche’s car models by using low-carbon aluminum and extrusions from Hydro. Hydro will deliver to Porsche and several of Porsche’s component suppliers its low-carbon aluminum offering, Hydro Reduxa 4.0

Porsche 284