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    Trump’s Plans to Repeal Climate Policies Could Cost U.S. $50 Billion in Lost Exports, Forfeit Clean Energy Economy to Other Countries

    Trump’s Plans to Repeal Climate Policies Could Cost U.S. $50 Billion in Lost Exports, Forfeit Clean Energy Economy to Other Countries

    A new report by the Net Zero Industrial Policy Lab at Johns Hopkins University explains the high cost that would come to the U.S. if the incoming Trump administration repeals existing climate policies. According to the report, Donald Trump’s plans to undo climate policies would cost the U.S. billions of dollars. Rolling back policies such […]

    Transition to EVs Will Lead to ‘Fundamental Transformation’ of Global Auto Industry, IMF Says

    Transition to EVs Will Lead to ‘Fundamental Transformation’ of Global Auto Industry, IMF Says

    As part of its most recent World Economic Outlook, the International Monetary Fund (IMF) has said the transition to electric vehicles will have “far-reaching” effects on production, investment, global trade and employment. The new analysis was released in tandem with annual meetings of the World Bank and IMF this week, where efforts to finance the […]

    World’s Biggest Floating Offshore Wind Turbine Developed in China

    World’s Biggest Floating Offshore Wind Turbine Developed in China

    China’s CRRC Corporation Limited (CRRC) has developed the “most powerful” floating offshore wind turbine in the world, according to state news agency Xinhua. The turbine was produced in Yancheng city in Jiangsu Province and has a 20-megawatt (MW) generating capacity. The massive turbine has the ability to generate 62 million kilowatt hours of power annually, […]

    Chinese Invention Uses Lotus Leaves to Power Small Electronic Devices

    Chinese Invention Uses Lotus Leaves to Power Small Electronic Devices

    Chinese scientists have developed a transpiration energy generator capable of creating electricity using lotus leaves. The generator could turn nearly all leaves on the planet into a continuous and sustainable source of energy. The researchers said their discovery of the leaf transpiration’s hydrovoltaic effect provided “fresh perspective for advancing green energy technologies,” as the South […]

    Volvo Does U-Turn on Target of 100% EVs by 2030

    Volvo Does U-Turn on Target of 100% EVs by 2030

    Volvo Cars has scrapped its goal of selling only electric vehicles (EVs) by 2030, as demand for battery-powered vehicles falls. The Swedish carmaker said it is now aiming for “90 to 100 per cent of its global sales volume by 2030 to consist of electrified cars,” including a combination of EVs and plug-in hybrids, reported […]