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German economic institutes see sharp recession if Russian gas cut off
Germany would face a sharp recession if gas supplies from Russia are suddenly cut off, the country’s leading economic institutes said on Wednesday, and the government said the war in Ukraine poses “substantial risks” for Europe’s largest economy.
read more... 14/04/2022
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France to get near EUR 4bn in fees for onshore wind – lobby
The French state is set to benefit to the tune of EUR 3.7bn in fees from onshore wind producers this year, industry lobby group France Energie Eolienne (FEE) said late on Tuesday.
read more... 14/04/2022
Daily (13.04.2022): Oil prices surged over 6% on Tuesday as Opec is cautious about replacing Russian supply
Crude oil prices rebounded sharply on Tuesday following Opec’s declaration that it would not boost output to levels good enough to replace Russian oil supply. Easing lockdown measures in Shanghai lent further support. Hence, Brent crude surged by 6.3% to settle at $104.64 a barrel. U.S. WTI crude settled 6.7% higher at $100.60 per barrel. Both contracts lost about 4% on Monday.
read more... 13/04/2022
Honda To Launch 30 EVs Globally By 2030, Including Two Sports Cars
Honda has pledged to invest approximately 5 trillion yen ($40 billion) over the next 10 years in electrification and software with the goal of offering 30 all-electric vehicles globally built in an annual volume of 2 million units by 2030.
read more... 13/04/2022
Shell, Uniper partner on UK low-carbon hydrogen facility
German utility Uniper and Shell will team up to jointly produce low-carbon hydrogen at a Uniper power station in Britain in a bid to boost use of the fuel and cut greenhouse gas emissions, they said on Tuesday.
read more... 13/04/2022