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ESKOM: Eskom says carbon tax could cost R11.5 billion a year in 2023

  • Date: 10-07-19
  • Category: ESKOM
  • Source: Fin 24

South Africa’s troubled state-owned power utility has yet another thing to worry about - a big carbon tax bill expected to kick in from 2023.

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SOUTH AFRICA: SA’s Mantashe targets R8bn in exploration spend, pledges improved licensing system

The South African government would invest R20m in developing and improving the minerals licensing system whilst “significant strides” had been made in addressing the backlog in licence applications, said Gwede Mantashe, the mines and energy minister.

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HYDROGEN: Hydrogen Poised to Play Key Role in U.K. Heating and Transport

  • Date: 10-07-19
  • Category: HYDROGEN
  • Source: Bloomberg

Using hydrogen to heat homes and power vehicles will play a vital part in Britain’s efforts to meet stringent climate targets and can’t be dismissed as an expensive pipe dream.

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NORNICKEL: Russian Smelting Giant Nornickel to Launch Digital Trading Platform by End of 2019

  • Date: 10-07-19
  • Category: NORNICKEL
  • Source: Coin Telegraph

Russian mining and smelting giant Nornickel is planning to roll out a digital platform for metals trading by the end of 2019, local news outlet TASS reported on July 9.

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NORNICKEL: Nornickel plans to invest in own development $11 billion to 2022

  • Date: 10-07-19
  • Category: NORNICKEL
  • Source: Tass

YEKATERINBURG, July 10. /TASS/. According to Nornickel’s strategy for long-term development, the mining and metallurgical company will invest in own development $11 billion to 2022, Nornickel’s Senior Vice President Andrei Bugrov said at the Global Manufacturing and Industrialization Summit in Yekaterinburg on Tuesday.

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CHINA: Changsha weighs subsidizing the purchase of locally produced vehicles

  • Date: 09-07-19
  • Category: CHINA
  • Source: Auto News China

The inland city of Changsha is considering offering subsidies toward the purchase of locally made cars and light trucks, according to a document viewed by Reuters and confirmed by an official at a local planning agency.

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EMISSIONS: New Zealand proposes discounts for cleaner cars, slaps new fee on gas guzzlers

  • Date: 09-07-19
  • Category: EMISSIONS
  • Source: Reuters

New Zealand said on Tuesday that it plans to slash prices for electric, hybrid and fuel efficient vehicles and penalize gas guzzling cars with a new fee, as it looks to make greener cars more affordable.

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AUTO SALES: BYD sales rebound on strength of electrified vehicles

  • Date: 09-07-19
  • Category: AUTO SALES
  • Source: Auto News China

Sales at BYD Co., China’s largest electrified vehicle manufacturer, recovered in June on demand for EVs and plug-in hybrids after a 10 percent decline the previous month.

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