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Most Australians now agree our climate is changing, this is caused by carbon pollution, this has harmful effects on our environment and on the economy—and the Government should act. Transport fuels will be excluded from the carbon pricing mechanism. We have had a long debate about climate change in this country.
Batteries currently comprise about 7% of nickel demand, but this could increase to one-third of nickel consumption by 2040, which could create a disruptive supply chain environment for the US, according to the report. This surge occurred mostly in China, driven by steel manufacturing. Global Nickel Trade and Chinese Dominance.
The US has up to now adhered to the user-fee principle in financing transportation infrastructure—i.e., users pay for the construction and maintenance of roads via a federal fueltax. In the meantime, cars and trucks have become more fuel-efficient. —Huang et al. —Huang et al.
The bill—which according to Oberstar and Mica has strong bi-partisan support in the House—is designed to achieve specific objectives: Reduce fatalities and injuries on US highways; Reduce congestion; Provide transportation choices for commuters and travelers; Limit the adverse effects of transportation on the environment; and. Source: DOT.
Until now, America has been its own worst enemy by ignoring the promise of emerging low carbon fuel industries. If coupled with a forward-facing regulatory environment, the historic IRA will offer an opportunity to break out of our narrow approach and build momentum in pursuit of our shared climate ambitions.
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