Decarbonization

• [New] We see renewable hydrogen and other sustainable fuels as cornerstones in reaching net-zero emissions by 2050, and H2RES will contribute with key learnings to turn Europe's ambitious build-out targets for renewable hydrogen into a new industrial success story.
• [New] The Biden administration will rejoin the Trans-Pacific Partnership, a free trade agreement linking the economic powerhouses of the Asia-Pacific region - the US, China, Japan, South Korea - to further reduce trade barriers.
• [New] The Biden Administration will take action to ensure all people in the United States - regardless of their immigration status - can access the vaccine free-of-charge and without cost-sharing.
• [New] Knowledge gained from the PH-02 experiment will enable astronauts to grow crops that will help sustain crews on long-duration space exploration missions beyond low Earth orbit.
• [New] Natural gas from the U.S. will continue to be an important source of supply for Mexico's natural gas needs, reducing energy costs as well as carbon emissions.
• [New] The Intergovernmental Panel on Climate Change to limit global warming to 1.5 °C, the goal of the Paris Agreement, Global net human-caused emissions of carbon dioxide would need to fall by about 45% from 2010 levels by 2030, reaching net zero around 2050.
• [New] China, Australia, New Zealand, South Korea, India and the eurozone will require large investments in low-carbon electricity generation and energy efficiency improvements in order to reduce carbon emissions.
• [New] Rhyolite Ridge will be well positioned to meet both North American and global demand for Lithium carbonate and battery grade lithium hydroxide.
• [New] The potential of carbon storage by growing forest masses is limited and could be exhausted in a few decades.
• [New] Biden's climate plan calls for putting the U.S. on a path to carbon neutrality by 2050, an effort that will require reducing use of fossil fuels.
• [New] East coast of Australia has a low, but increasing, risk of facing a gas shortfall.
• [New] Completing the transition by 2030 would reduce Auckland's transport carbon emissions to just over 10% of the 93,000 tonnes they were emitting in 2019 - an 80,000 tonne reduction.
• [New] Direct connections between capitals such as Paris and Berlin could make a major contribution to reducing carbon emissions.
• [New] Despite China's recent pledge to reduce its emissions to net-zero by 2060, the world's biggest coal miner and consumer produced 4.23 billion tons of coal in 2020.
• [New] Several operators have gone a step further by committing to 100% renewable energy and carbon neutrality, with some aligning to the European Union's Green Deal calling for complete carbon-neutrality in data centres by 2030.
• [New] The Global Wind Energy Council predicted 71.3 gigawatts of wind capacity to be installed globally in 2020, suggesting China's surprising statistics will have an impact on global zero carbon energy production into 2021 and 2022.
• [New] The voluntary California agreement worked out to fuel efficiency increases of 3.7% each year starting in 2022 - lower than the Obama administration's goal, but far more aggressive than the Trump administration's.
• [New] The world's major economies should not only commit some of their pandemic relief spending to countries with low incomes but also extend a debt service moratorium through 2022 and cancel many of the poorest countries' debts.
• [New] The global demand for green hydrogen and its emerging applications is expected to increase exponentially in the next 20 years, creating the need for considerable infrastructure to handle production and delivery.
• [New] We expect subscribers to WeTV and iQIYI to grow in the future as both players are starting to experience significant consumption for local, Chinese and Korean dramas and Japanese anime on their free tier.
• [New] Natural gas will become a key transitional energy source in China for the next two decades, since it is considered the most ecologically friendly fossil fuel.

Last updated: 24 January 2021