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Oil and gas-focused private equity major EnCap Investments has raised $1.2bn to close its first fund targeting wind, so
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Back in 2009, for example, the US led the global effort to achieve the Copenhagen Accord at the COP15 climate-change summit, which was attended by more than 100 world leaders. But hopes of a meaningful US contribution were subsequently killed by bipartisan opposition in Congress, which balked at the perceived cost of reducing emissions.
Biden, who was then vice president, faces a similar problem today: how to make good on his pledges while knowing that Congress will not approve any serious climate measure. He has therefore chosen the path of least political resistance, which is why Biden’s climate plan carefully avoids notions such as a “carbon tax” or a “cap-and-trade” emissions scheme, both of which are politically toxic in the US.
Hydrogen fuel cell maker Plug Power to expand operations with SK Group 17:54 | 05/05/2021
Hydrogen fuel cell maker Plug Power, the leading provider of comprehensive hydrogen fuel cell turnkey solutions, is signalling interest in potential markets, including Vietnam, South Korea, and China through a joint venture with SK Group.
Hydrogen fuel cell maker Plug Power will expand its operation in Vietnam, South Korea, and China through a joint venture with SK Group
US-based Plug Power is planning to co-operate with South Korean behemoth SK Group through a joint venture to expand to these countries.
According to
Nikkei Asia, the two sides will set up a factory in South Korea by 2023 to produce fuel cells and electrolysers that extract green hydrogen from water using renewable energy.
Renewables Won t Easily Replace Coal Usage forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
PDP8 expected to be tabled for government approval in June 18:18 | 03/05/2021
The draft Power Development Plan 8 will have to undergo one more round of tweaks
At the meeting between ministries and relevant authorities, which was hosted by Le Van Thanh, Deputy Prime Minister cum head of the National Steering Committee for Power Development, the Ministry of Industry and Trade (MoIT) was asked to review the draft Power Development Plan 8 (PDP8).
This masterplan was not approved in late March under the 2016-2020 government term as expected, though the MoIT on behalf of the Appraisal Council presented the report on the assessment of the draft PDP8 for the period of 2021-2030, with a vision to 2045. Accordingly, the Appraisal Council reached a conclusion that the draft PDP8 met the conditions to be submitted to the government for approval.