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'Truly revolutionary': Elon Musk hails Tesla battery breakthrough

Business Green

That would for the first time put the price tag for a Tesla electric car at a similar level to conventional fossil fuel cars in the US, said Musk, opening up the mass market for electrified cars, while the new batteries could also offer a 16 per cent increase in driving range compared current models.

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Ending toxic fossil fuel subsidies

Business Green

In fact, the reverse is true, and often by a large margin: globally, government subsidies for fossil fuels are tagged at more than $440bn per year, according to IEA (International Energy Agency) estimates. It may seem paradoxical, but renewables only see a fractional 20 per cent of the subsidies paid to the energy sector.

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Could UK gas power stations still play a role on a net zero grid?

Business Green

While meeting peak grid power demand in 2050 with CCS and hydrogen requires roughly £40bn in capital expenditure, it estimates that this would be significantly less than the estimated £170bn price tag from scaling alternative technologies to ensure firm and flexible power such as nuclear, pumped storage or lithium-ion batteries.

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How investing 1.3 per cent of GDP could decarbonise the global economy - and unlock massive financial savings

Business Green

Moreover, this price tag is for capital investments, not costs. But this equates to an average annual level of $3.5tr and the roll out of clean technologies will serve to eradicate the need for around $500bn a year of fossil fuel investment resulting in an annual net capital investment requirement of $3tr.

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'More UK gas won't bring down bills': The green economy reacts to the government's energy crisis plan

Business Green

The huge price-tag for this unprecedented intervention lays bare the cost of our reliance on volatile and expensive gas. Prime Minister "I am completely commited to net zero" She clearly is not - or has failed to read the @IEA or @IPCC_CH reports. — Caroline Lucas (@CarolineLucas) September 8, 2022.

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? Big oil’s big CCS play #158

Climate Tech VC

The majority of Denbury’s revenue comes from EOR, which involves injecting CO2 into the ground in order to extend the life of oil fields, and ~60% of the price tag likely covered the value of Denbury’s oil production rather than the CCS infrastructure. Solar farms make waves. 33% by 2030, anyone?

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How to build a green hydrogen refinery for the maritime industry in Rotterdam

Mr. Sustainability

These numbers are also backed by the International Energy Agency (IEA). Even under the most pessimistic scenario, IEA predicts 292 GW of cumulative wind energy capacity installed by 2030 in the area. Given a lifetime of 10 years for an electrolyzer, a price tag of €632 per kW and a production of 0.5 How much would the fuel cost?