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...Under an initial deal with Brazilian authorities, BHP and Vale agreed to fund the Renova Foundation, a non-profit organisation set up to provide compensation to affected communities....
...authority....
...While the country’s energy sector is already remarkably green — producing more than 99 per cent of its energy from renewables such as hydroelectric and geothermal — it still relies on fossil fuels for transportation...
...in R&D and manufacturing economies of scale....
...The country wants to become a hub for the energy transition with the help of its vast nickel reserves....
...The Indonesia Investment Authority (INA) is in talks over potential investment in the electric vehicle ecosystem and geothermal energy, and is providing financing for early retirement of coal-fired power...
...But he added that “Enel has almost doubled investments . . . to about R$1.5bn [$300mn] a year, compared with R$800mn invested by the previous concession holder....
...Jindal said the venture depended on MG for technology and that it wanted to, by 2030, “totally indigenise, even the R&D”....
...GHGSat alerted the authorities in Turkmenistan and, six months later, the emissions stopped....
...Peter Herweck, head of energy management group Schneider Electric, also doubted that gas would benefit as much as people selling the fossil fuel claimed....
...The energy sector led the gains as a combination of fast US production growth and geopolitical tensions drove up oil prices....
...That compares with 6.8 per cent at Volkswagen, on S&P Capital IQ estimates. Being big also means that necessary investments, in new models and R&D, are less of a drag....
...Tesla-supplier Panasonic has successfully positioned itself as one of the biggest battery makers for electric vehicles in the US....
...“Demand for data centres has always been there, but it’s never been like this,” said Pankaj Sharma, executive vice-president at Schneider Electric’s data centre division....
...Contracts tracking Wall Street’s benchmark S&P 500 and the tech-heavy Nasdaq Composite were up 0.2 per cent and 0.3 per cent, respectively, ahead of the New York trading session....
...Shares in the company, which declined 5.6 per cent on Monday, have fallen more than a third this year, making it the second-worst performer in the S&P 500 and underperforming those of legacy carmakers....
...“Treasury and the Department of Energy have to almost find a Goldilocks answer here,” said Corey Cantor, senior electric vehicle associate at BloombergNEF, which estimates more than $100bn of investments...
...The Paris-based group, which is largely funded by the OECD, is one of the most respected authorities on the oil market, but its predictions have sharply diverged from those of Opec, the oil producing cartel...
...has a head office in London and an R&D centre in Finland....
...efficient and electric vehicles curbs oil demand in other sectors....
...The FT also has a story today on whether European carmakers can rival China’s BYD, the world’s largest manufacturer of electric vehicles....
...Indeed, based on those kicking off the reporting season, some three-quarters of S&P 500 companies have delivered positive surprises, according to FactSet....
...“AI is changing the way we do materials research and development, and it will vastly accelerate the speed of all-solid-state battery R&D,” the professor added....
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