Australia could not match the United States’ investment dollar for dollar, he will say, but the country would be able to compete for international investment. Mining superpower Australia will on Thursday announce a US-style scheme to pour public money into manufacturing and clean energy industries, joining the global race to build a cleaner and more… Continue reading Australia PM unveils plan to overhaul economy, invest in green energy
Author: Economic Times of India Online News
EV industry must learn to do with subsidies: Exponent Energy CEO
Exponent Energy CEO Arun Vinayak told ET that interoperability in charging infrastructure is good, but standardisation is bad. The electric mobility ecosystem must learn and survive without the Faster Adoption and Manufacturing of Electric Vehicles (FAME) subsidies, cofounder and chief executive of Lightspeed India-backed energy-tech startup Exponent Energy, Arun Vinayak, told ET on Friday. “This… Continue reading EV industry must learn to do with subsidies: Exponent Energy CEO
China’s exports tumble 7.5% in March and imports also fall as demand slows
China, the world’s second-largest economy, posted a trade surplus of USD 58.55 billion in March. The surplus in the first two months of the year was USD 125 billion. China‘s exports contracted in March after growing in the first two months of the year, underscoring the uneven nature of the country’s recovery from the pandemic.… Continue reading China’s exports tumble 7.5% in March and imports also fall as demand slows
Beyond Tesla: Musk, PM to take up Starlink too
Starlink is a network of satellites in low Earth orbit, which can provide internet to remote locations, or areas that have had normal communications infrastructure disabled. New Delhi: Tesla is not the only agenda when Elon Musk meets PM Narendra Modi, but figuring prominently in talks will be Starlink, the satellite communications business of his… Continue reading Beyond Tesla: Musk, PM to take up Starlink too
With 50% of pvt bus fleet set to be scrapped, Kolkata faces commute crisis
Currently, 3,500-odd private buses operate in Kolkata, a significant drop from the 6,000 that were in service before the 2020 Covid pandemic. A city where 56% of the population relies on buses for daily commute, is facing a potential transportation crisis: half of its privately-owned bus fleet is set to be scrapped this year after… Continue reading With 50% of pvt bus fleet set to be scrapped, Kolkata faces commute crisis
Bikes overtake cars in Paris
Paris has been investing heavily in bike lanes and has reduced the number of car parking spaces as part of measures to meet climate change goals. Bicycles have passed cars as a means of transport in Paris according to a recent study, a city official said Thursday. “Ten years ago who could have predicted that… Continue reading Bikes overtake cars in Paris
‘With demand changing, peak oil can happen soon. Some Indian steel and cement companies are leading the field in reducing emissions’
Jim Skea Jim Skea is Chair of the Intergovernmental Panel on Climate Change (IPCC). Speaking to Srijana Mitra Das, he discusses key elements of the energy transition needed to combat global warming. Q. What are the most important changes in energy use and supply we now need in order to keep to the Paris Agreement’s… Continue reading ‘With demand changing, peak oil can happen soon. Some Indian steel and cement companies are leading the field in reducing emissions’
President Milei of cash-strapped Argentina starts another US tour, plans to meet Elon Musk
Milei will meet with Musk on Friday in Texas, the president’s spokesperson said, where he will also tour a factory for Tesla, Musk’s electric car company. President Javier Milei of Argentina kicked off a visit Wednesday to the United States, where he’ll meet with tech billionaire Elon Musk, as his government seeks an infusion of… Continue reading President Milei of cash-strapped Argentina starts another US tour, plans to meet Elon Musk
China’s oil majors face uphill climb to adapt to EV future
But China’s public EV charging sector is beset by market fragmentation, overcapacity, low utilisation and losses, posing challenges for oil companies attempting to adapt their business models. Tucked away on a side road in suburban Beijing, the Xiaowuji battery charging station opened by Sinopec in December 2023 offers a glimpse of China’s post-gasoline future. Boasting… Continue reading China’s oil majors face uphill climb to adapt to EV future
India has USD 78 bn opportunity for green hydrogen electrolyzers by 2050: Report
“Should the four countries adhere to their declared net zero targets, the analysis projects massive growth in the market potential of green H 2 electrolyzers for the three industries by 2050,” it added. New Delhi: India has USD 78 billion green hydrogen electrolyser potential by 2050, up from USD 4 billion in 2030, according to… Continue reading India has USD 78 bn opportunity for green hydrogen electrolyzers by 2050: Report