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Rio Tinto to invest $1 billion over 5 years to help meet new climate change targets

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Mining giant Rio Tinto will invest around $1 billion over the next five years to support the delivery of its new climate change targets and a company objective for net zero emissions from operations by 2050. Many Rio Tinto operations are highly energy-intensive and some of the industrial processes also result in GHG emissions.

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Study forecasts even with modest warming, global energy demand to increase by mid-century

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A new study published in Nature Communications by researchers from IIASA, Boston University, and the Ca’ Foscari University of Venice found that by mid-century, climate change will increase the demand for energy globally, even with modest warming.

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Virtual Peaker partners with Fermata Energy to bring V2G bi-directional vehicle charging technology to utilities

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Virtual Peaker and Fermata Energy are partnering to integrate Fermata Energy’s vehicle-to-grid (V2G) technology with Virtual Peaker’s cloud-based residential energy demand response platform used by utilities across the country. Fermata Energy V2X bi-directional charger.

Energy 459
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Barbados receiving 35 BYD electric buses; first electric bus fleet for public transport in the Caribbean

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BYD delivered the first electric bus fleet for public transport in the Caribbean, opening up an exciting new chapter in the region’s efforts to tackle climate change. The bus delivery is an important milestone for the Barbados National Climate Change Plan, which sets a goal of 100% renewable energy and carbon neutrality by 2030.

Barbados 448
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Canada investing $20M in Terrestrial Energy to support development of Integral Molten Salt SMR

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Canada investing $20M in Terrestrial Energy to support development of Integral Molten Salt SMR. Navdeep Bains, announced a $20 million investment in Terrestrial Energy to accelerate development of the company’s Integral Molten Salt Reactor (IMSR) power plant. In addition, Terrestrial Energy is spending at least another $91.5

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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

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Our ultimate goal is to fight climate change and build a sustainable future. We believe that there is no way around hydrogen to realize the energy transition towards renewables. Climate change and on-going supply chain issues will accelerate the transition to clean energy sources.

Hyundai 468
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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

Climate 349