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by Lewis Black, CEO of Almonty Industries. and global economies with businesses and manufacturers having to close doors and furlough employees, the global trade markets plummeted to an 11-year low of 41.5% The challenge with China being the dominant force for a majority of raw materials is regarding their legal system.
The US aluminum industry continues to make significant investments to meet growing demand for automotive aluminum. The industry supports nearly 700,000 direct, indirect and induced jobs across the nation and since 2013 has invested more than $2.6 Long term regulatory certainty to enable appropriate investment. —Mario Greco.
Intentional-use sectors: Disposal and incineration of product waste, cremation emissions, chlor-alkali industry. UNEP produced its first Global Mercury Assessment in 2002 and a subsequent study in 2007. Coal burning emitted some 475 tonnes of mercury in 2010, the majority of which is from power generation and industrial use.
As part of a cross-industry initiative, the BMW Group, BASF SE, Samsung SDI and Samsung Electronics have launched a joint cobalt pilot project in the Democratic Republic of the Congo. If proven effective, these measures could then be scaled up to other legal artisanal mine sites and enhance systemic challenges in the longer run.
Polaris Industries Inc. will acquire low-speed electric vehicle manufacturer Global Electric Motorcars LLC (GEM), a wholly-owned Fargo, N.D.-based The six GEM passenger and utility models are legal on most streets with posted speeds of 35 mph or less. Click to enlarge. based subsidiary of Chrysler Group LLC.
Nikola has logged more than $10 billion in pre-order leases to date; its joint venture with European industrial vehicle manufacturer IVECO make it a viable competitor to other OEMs. In our two-year quest to find a partner that was a proven technology leader and focused on making a global difference, Nikola was the clear winner.
Energy Ministers from around the world have agreed to proposals to help speed up the global deployment of carbon capture and storage. Recognize the potential of CCS for industrial emission sources and review demonstration opportunities.
Current levels of investments in low-carbon technology and infrastructure are substantially lower than the $500 billion per year deemed necessary by the International Energy Agency (IEA) to hold the increase of global average temperatures below 2 °Celsius—the target agreed to in Cancun last year.
NYK Line, Toshiba Energy Systems & Solutions Corporation, Kawasaki Heavy Industries Ltd., Project management, ship design and legal compliance. Kawasaki Heavy Industries, Ltd. newly design and develop the vessel’s hull so that it can optimally operate with FC as power). Role of each company. Nippon Kaiji Kyokai (Class NK).
—,Eric Cin, global director, Vehicle Personalization, Accessories and Licensing. Globally, the vehicle performance parts and accessories industry generates approximately $50 billion annually; that covers hardware for everything from hot rods to off-road vehicles, and from mobile electronics to vehicle accessories.
NTT DATA Corporation and DENSO Corporation have started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data. Overview of the Global Trusted Dataspaces.
The international airline industry is committed to achieving carbon-neutral growth by 2020, said Giovanni Bisignani, IATA’s Director General and CEO in his State of the Industry address at the 65 th IATA Annual General Meeting and World Air Transport Summit in Kuala Lumpur. Giovanni Bisignani. Giovanni Bisignani.
Key elements of the agreement include the development and industrialization of advanced cell technologies, accompanied by ambitious goals for cost competitiveness. Current contracts with Farasis have been supplemented and include, in addition to technical and commercial contractual components, expanded legal and sustainability requirements.
Providing legal certainty will additionally help unlock large-scale investments and boost the production capacity for innovative and sustainable batteries in Europe and beyond to respond to the fast-growing market. Other batteries—industrial, automotive or electric vehicle ones—have to be collected in full. Background.
Before rushing to adopt AI, consider the potential risks including legal issues around data protection, intellectual property, and liability. A timely legal review that determines whether collected data may be used lawfully for machine-learning purposes can prevent regulatory and legal headaches later.
AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 Profitability parity is evidenced by the fact that last year earnings-before-income-taxes (EBIT) margins for automakers globally clustered in a tight band ranging from 4.3% million units in 2011 and only 13.6
Search engine giant Google is looking for partners within in the auto industry to help launch one of the most significant applications of artificial technology over the next several years, the self-driving car. —Allen Taub, former GM VP, Global R&D. million people/year are killed in auto accidents globally. by Bill Cooke.
The company insists on the use of strong standards for sustainability, making the industry-wide recognized “Standard for Responsible Mining” of the Initiative for Responsible Mining Assurance (IRMA) one of the key criteria for supplier decisions and supplier contracts within raw material supply chains.
The cross-industry initiative “Cobalt for Development” has started trainings for twelve artisanal mining cooperatives in October in Kolwezi, Democratic Republic of Congo (DR Congo). This includes mine site management and legal compliance, human rights, health and safety as well as environmental management.
Scientists have called for a legally-binding treaty to ensure Earth’s orbit is not harmed by space junk as the global space industry grows. The post Global action required to clean up space junk appeared first on Innovation News Network.
Already being referred to as the “High Seas Treaty”, the legal framework would place 30% of the world’s oceans into protected areas, put more money into marine conservation, and covers access to and use of marine genetic resources.
Governments at the COP17 meeting decided to adopt some form of a universal legal agreement on climate change as soon. Governments, including 35 industrialized countries, also agreed to a second commitment period of the Kyoto Protocol—due to expire next year— from 1 January 2013. as possible, but not later than 2015.
Vastly expanding sugarcane production in Brazil for conversion to ethanol could reduce current global CO 2 emissions by as much as 5.6%, according to a new study by an international team led by researchers from the University of Illinois. of net CO 2 emission globally relative to data for 2014. Gigatons yr −1. This would displace 3.8–13.7%
Tesla’s legal team received a boost last month, with the company hiring Derek Windham, a top securities lawyer, as its senior director and deputy general counsel for corporate and securities. He would be reporting to the head of Tesla’s in-house legal team, who, in turn, reports directly to CEO Elon Musk. .
The event intends to bring together engineers, scientists and corporate decision makers from the battery, automotive, utility and lithium mining industries. Reliability and safety issues as well as other challenges the industry faces, including standardization, will also be addressed. Menahem Anderman, Ph.D.,
The US Environmental Protection Agency (EPA) released its latest set of proposed standards to reduce emissions of methane and volatile organic compounds (VOCs) from the oil and natural gas industry. The proposal also includes incentives to spur the oil and gas industry to minimize leaks.
The current industry standard for hydrogen production—steam methane reforming—produces a significant amount of CO 2 emissions. Fort Capital Partners acted as financial advisors and Blake Cassels & Graydon LLP served as legal counsel to Ekona.
In a new report , Navigant Research forecasts that vehicles with autonomous driving modes will gradually gain traction in the market over the coming two decades, from about 4% of the global light-duty vehicle market in 2025, rising to roughly 41% in 2030 and 75% by 2035—about 95.4 million units annually by then.
Over the last several years, the automotive industry has been tracking to replace the mobile air conditioning (MAC) refrigerant R-134a, which has a global warming potential (GWP) of 1,430, with the lower-GWP refrigerant R-1234yf (GWP = 4). The report was the third SAE report to evaluate the new refrigerant. Earlier post.).
17 Group models already meet the updated legal requirements set by the Chinese authorities to qualify as “especially energy-efficient vehicles.”. China will be an integral part of the Group’s “Future Tracks” initiative, which addresses the nascent digitalization era in the auto industry. —Martin Winterkorn. billion (US$25.1
The aviation sector is united in calling on world leaders to retain a global sectoral approach to reducing aviation emissions under the leadership of the International Civil Aviation Organization (ICAO), working in cooperation with the sector through IATA. Aviation emissions should be accounted for at a global level.
Thirteen scientists and land use experts conclude in a new paper that an important but fixable error in legal accounting rules used to measure compliance with carbon limits for bioenergy could undermine efforts to reduce greenhouse gas emissions by encouraging deforestation. Their paper is published in the 23 Oct.
TenCate Advanced Composites, a leading global developer and manufacturer of advanced composite materials, and Aston Martin announced a technical partnership for the Aston Martin Valkyrie hypercar program.
BASF has completed the carve-out of its mobile emissions catalysts and precious metal services businesses and named the separate legal entity BASF Environmental Catalyst and Metal Solutions (ECMS). ECMS has global operations in 15 countries with more than 4,500 employees and 20 production sites. Earlier post.)
Koch Minerals & Trading, LLC (KM&T), a diverse global trading, logistics and investment company and subsidiary of Koch Industries, Inc. KII), is making a $252-million investment in Compass Minerals, a leading global provider of essential minerals, to support phase-one development of its previously identified 2.4
Systems such as pledge-and-review set up in Copenhagen and Cancun are a useful way forward in the absence of an internationally legally-binding agreement, but individual Governments must provide urgent political leadership—that is not happening at present. A strong move towards a green economy and global equity is central to the debate.
The future of the automotive and transportation industry will be integrated, on-demand, personalized and autonomous. —Randy Miller, EY Global Automotive & Transportation Leader. The time has come for blockchain to reshape the automotive industry. —Paul Brody, EY Global Innovation Leader, Blockchain.
If they have local demand for batteries cell manufacturers will move to the region to be close to their customers, particularly in the automotive industry. We are only at the beginning of the path to achieving net-zero emissions globally. —Ashish Sethia, global head of commodities at BNEF.
With the first-ever EU emission standards for trucks agreed, we are completing the legal framework to reach the European target of cutting greenhouse gas emissions by at least 40% by 2030. The European Parliament and Council have reached an ambitious and balanced agreement.
With the shift toward electromobility, the automotive industry is currently in the middle of its biggest transformation in history. The new entity will continue to operate globally and comprise approximately 20 production sites and over 4,000 employees. Additionally, BASF will further increase its focus on its e-mobility offerings.
These included population size and growth; size and growth of the economy; social and scientific progress indicators; quality and extent of infrastructure; and the political and legal context. The full results of the study will be presented on an individual basis to Ricardo Strategic Consulting Customers. Market Background Other Asia Sales'
Terrafugia will also benefit from the Geely Group’s significant expertise and track record of innovation within the global auto industry. This is a tremendously exciting sector and we believe that Terrafugia is ideally positioned to change mobility as we currently understand it and herald the development of a new industry in doing so.
While the above terms have been commercially agreed and the agreement is binding in respect to the exclusivity period, the parties will only become legally bound to enter into the proposed joint venture upon execution of definitive documents and board approval by the parties.
Tesla global vice president and CEO of the Greater China region Tom Zhu has triggered speculations of a potential promotion after the electric vehicle maker’s operating entity in China changed its legal representative. The legal entity of Tesla (Shanghai) Co., was changed in industry and commerce.
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