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UCL-led study finds climate impact caused by growing space industry needs urgent mitigation

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The rapidly growing space industry may have a greater climate effect than the aviation industry and undo repair to the protective ozone layer if left unregulated, according to a new study led by UCL and published in the journal Earth’s Future as an open-access paper. The space industry is one of the world’s fastest growing sectors.

Climate 428
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Roland Berger: Russian embargo against the Western automotive industry would hit Russia harder

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A decision by Russia to retaliate against sanctions imposed by the European Union and the US over Ukraine by imposing strong Russian sanctions—i.e., As Russia struggles with an ailing economy, rising inflation and a volatile currency, there’s no sign of a recovery any time soon, the consultancy said. —Uwe Kumm.

Russia 247
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Rosatom and EDF Group partner to develop green hydrogen in Russia and Europe

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Russian Rosatom State Atomic Energy Corporation and the EDF Group signed a strategic cooperation agreement in March 2021 to develop green hydrogen in Russia and Europe. Rosatom’s ambition is to produce and to store decarbonized hydrogen, and take part in pilot projects in Russia and across the world.

Russia 338
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Renault suspending industrial activities in Russia

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Regarding its stake in AVTOVAZ, Renault Group said that it is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia. Renault Group already implements the necessary measures to comply with international sanctions.

Russia 199
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KIT and Wintershall Dea collaborating to develop industrial-scale methane pyrolysis for CO2-free production of hydrogen

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Methane pyrolysis separates methane (CH 4 ) into gaseous hydrogen and solid carbon that is a valuable material for various industry branches and can also be stored safely. Now, KIT is partnering with industry partner Wintershall Dea to further develop this process for use on an industrial scale.

Kits 273
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GE, Rosneft to pursue opportunities in Russia’s oil and gas industry, including Arctic offshore

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explore opportunities to jointly develop, manufacture and sell equipment for use in Russia’s oil and gas industry. Rosneft is the leader of Russia’s petroleum industry, and ranks among the world’s top publicly traded oil and gas companies.

Oil 231
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AVTOVAZ trying to work around Renault pull-out

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The Renault Group suspended its industrial activities in Russia on 23 March ( earlier post ). Regarding its stake in AVTOVAZ, Renault Group said that it is assessing the available options, taking into account the current environment, while acting responsibly towards its 45,000 employees in Russia.

Russia 432