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Study confirms €1T green hydrogen potential for Africa

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Africa can produce 50 million tons of green hydrogen a year by 2035, according to a new study by the European Investment Bank (EIB), International Solar Alliance and the African Union, with the support of the Government of Mauritania, HyDeal and UCLG Africa. This is equivalent to energy costs of US$60 a barrel.

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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. billion and $2.7

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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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of global and 17% of European reserves. The US tops the list of the richest oil shale reserves, accounting for more than 60% globally, with the most concentrated deposits located in the Green River Formation that lies in western Colorado, eastern Utah and southern Wyoming.

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BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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If approached correctly, African countries can capitalize on their abundant natural resources, growing demand for vehicles and rapid urbanization to build a global hub to produce electric vehicles. We are only at the beginning of the path to achieving net-zero emissions globally.

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