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Polestar announces goal of climate-neutral car by 2030

Green Car Congress

Polestar, the premium electric performance car brand founded by Volvo Cars and Geely Holding, has set a goal of creating the first climate-neutral car by 2030. Questions around the long-term carbon-storage capacity of forests and soils remain, as a forest might be logged, devastated by fire or altered by climate change. Polestar 2.

Climate 389
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Using blockchain traceability to build a circular battery economy

Green Car Congress

It’s no secret that we are in the midst of a rampant climate crisis. Electric vehicles are one of the most powerful climate solutions today—but also one of the most under-utilized. It’s clear that we need to create a circular battery economy in order to build a responsible, electrified future.

Economy 330
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BASF introduces blockchain pilot project to improve circular economy and traceability of recycled plastics

Green Car Congress

According to a report produced by Deloitte for Environment and Climate Change Canada , Canada disposed of nearly 3.3 Leveraging blockchain technology, we can work together to ensure our products deliver back to the value chain and contribute to a circular economy. million tons of plastic waste in 2016.

Economy 423
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Government of Québec launches $6.7B 2030 Green Economy Plan; emphasis on transportation electrification

Green Car Congress

The Premier of Québec François Legault, and the Minister of the Environment and the Fight against Climate Change and Minister responsible for the Laval region, Benoit Charette, unveiled the 2030 Green Economy Plan (PEV 2030) and its first 2021-2026 implementation plan, with an envelope of $6.7 billion over five years.

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STEAG and thyssenkrupp planning joint green hydrogen project

Green Car Congress

The hydrogen strategies recently adopted by the state of North Rhine-Westphalia as well as those of the German Federal Government and the European Union underline the importance of hydrogen for a climate-neutral society. They endorse the development of a hydrogen economy and infrastructure in Germany and in Europe.

Hydrogen 482
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Study finds global oil demand likely to grow despite pandemic, climate policies

Green Car Congress

Only under the final scenario—named “Forced Revitalization”—in which the pandemic’s disruptive impact to the global economy and mobility combined with strong government intervention to accelerate alternative technologies did oil demand decline after 2025. Lines represent global oil demand by study scenario.

Oil 259
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Volvo Cars successfully places first green bond, raises €500M

Green Car Congress

A green bond is a type of fixed-income instrument that is specifically earmarked to raise money for climate and environmental projects. The financial community has a critical role to play in supporting sustainable development, including the transition to a low carbon economy. —Carla de Geyseleer, Chief Financial Officer.

Volvo 514