IMF: Soaring metal prices may delay world’s energy transition
The switch from fossil fuels to low-carbon sources implies a massive leap in demand for metals and other commodities, IMF said
Volkswagen, Stellantis, GM turn to geothermal lithium for batteries for electric vehicles
Leading automakers have signed agreements to secure lithium extracted from geothermal water, a method with a much lower ecological footprint
Engie, Masdar set up USD 5 billion green hydrogen partnership
Engie and Masdar placed a major joint bet on the role of green hydrogen in the energy transition of the GCC region and beyond
Geothermal-rich California could cover US lithium demand
The Salton Sea in the southern part of California can supply 600,000 tons of lithium per year, an amount exceeding the current annual consumption of the US
Amazon deforestation rate in Brazil highest since 2006
A new government report shows a 22% increase in the deforestation of Brazil’s Amazon
What worries you the most about climate change?
People in the EU, the US, and China see an increase in natural disasters as the biggest climate change-related concern, an EIB survey finds.
US, China – top two carbon emitters – to cooperate on cutting emissions
China and the United States are seeking to close “a gap between the current effort and the Paris agreement goals.”
How would USD 100 carbon price hike impact world’s economies?
A USD 100 rise in carbon taxes would be a significant shock to the global economy but it falls well within the realms of potential scenarios
