It could take a while to really cut emissions, because it would still be cheaper to pay for the emissions rather than use more expensive marine biofuels.
Sources said Codelco is hoping to replace exclusively copper concentrate deals with other agreements that include concentrate and value-added intermediate products.
The mechanism will consist of a direct ban on purchases, which would take effect on January 1, as well as an indirect ban, which would kick in more gradually.
Stellantis's CTO said that the current weight of EV batteries is “too heavy,” which makes the vehicles “not compatible” with the company’s sustainability goals.
The 40-seat vessel, which is outfitted with a 350-kilowatt hydrogen fuel cell, qualifies as a research, development and demonstration (RD&D) project under South Korea’s national hydrogen strategy.
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