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Tesla publishes Master Plan Part 3; $10.4T for a sustainable global energy economy

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During Tesla’s Investor Day held in March, Elon Musk touched on Tesla’s Master Plan Part 3, which outlines a proposed path to reach a sustainable global energy economy through end-use electrification and sustainable electricity generation and storage. Earlier post.)

Economy 464
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CSIRO’S Circular Economy Roadmap charts path to triple job creation

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The National Circular Economy Roadmap found innovation is crucial to realizing Australia’s largest economic gains, which will come from designing new products and materials, including through advanced manufacturing, and in embracing new business models that will create domestic and export markets for waste streams.

Economy 418
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GlobalData: Hydrogen market growth to surge in 2023 despite slowing global economy

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—Andres Angulo, Energy Analyst at GlobalData Despite the high number of partnerships formed between companies as compared to government agencies, investing and raising capital were of the utmost importance to developing the hydrogen economy in 2022. Last year, mergers and acquisitions (M&A) deals reached $24.4 million to over $3,001.1

Hydrogen 473
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Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

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Groupe Renault is creating the REFACTORY in Flins, the first European circular economy site dedicated to mobility. It will be based on a wide network of partners from all sectors and will revolve around 4 poles of activity, putting into practice the principles of the circular economy at each stage of the vehicle life cycle and mobility.

Economy 397
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BASF introduces blockchain pilot project to improve circular economy and traceability of recycled plastics

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A successful implementation of reciChain will result in a collaborative digital consortium that will bring together plastic manufacturers, suppliers, government entities, retailers, waste collectors and recyclers aimed at keeping the life of plastic molecules circular. —Anthony DiPrinzio, Head of BASF Blockchain Lab.

Economy 423
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Hyundai Motor and INEOS partnering on driving hydrogen economy forward

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Hyundai Motor Company and INEOS signed a memorandum of understanding to explore new opportunities to accelerate the global hydrogen economy. The company currently produces 300,000 tons of hydrogen a year mainly as a by-product from its chemical manufacturing operations. Earlier post.)

Hydrogen 329
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Cummins investing more than $1B in US engine manufacturing network

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In addition to recent investments in Fridley, Cummins is investing more than $1 billion across its US engine manufacturing network in Indiana, North Carolina and New York. million square feet full-service facility, concentrating on design, product, service engineering and manufacturing located just north of Minneapolis.