In a significant breakthrough, American scientists have pioneered a revolutionary “seawater electrolyzer” that eliminates the need for freshwater in green hydrogen production. Seawater, abundant and rich in hydrogen, oxygen, and sodium, has long been regarded as a potential fuel source. However, extracting hydrogen from seawater has remained an elusive challenge. Now, researchers from the US […]
India, US friendship among most consequential in world: Joe Biden – EQ Mag
WASHINGTON : President Joe Biden has said the friendship between the United States and India was among the most consequential in the world as the two countries signed several major deals to further elevate their strategic technology partnership during Prime Minister Narendra Modi’s historic state visit. Reacting to Biden’s remarks, PM Modi said the friendship […]
US, India to build payment security system to put 10,000 e-buses on roads: PM Modi US Visit – EQ Mag
Move will boost India’s focused efforts in reducing greenhouse gas emissions, improving public health, and diversifying global supply chain The United States and India announced plans to create a payment security mechanism that will facilitate the deployment of 10,000 Made-in-India electric buses in India. This announcement came during Prime Minister Narender Modi’s three-day state visit […]
US, India agree to end six WTO disputes, lift some tariffs – EQ Mag
WASHINGTON : The United States and India have agreed to end six disputes at the World Trade Organization (WTO), US authorities said on Thursday (June 22), after a meeting between the countries’ leaders. India also “agreed to remove retaliatory tariffs” on certain US products such as chickpeas, lentils and almonds, the US Trade Representative’s (USTR) […]
Economic ties at heart of India, US strategic partnership, says Secretary of State Blinken – EQ Mag
Washington : Ahead of Prime Minister Narendra Modi’s State Visit, US Secretary of State Antony Blinken has said economic ties are at the heart of the Indo-US strategic partnership and added that the two countries are helping shape innovations of the future and the norms governing them. Modi has been invited by President Joe Biden […]
World Bank needs new playbook to boost private investment in emerging markets: Ajay Banga – EQ Mag
WASHINGTON : The World Bank must use “informed risk-taking” to encourage private investors to get more engaged in helping developing countries deal with climate change and leapfrog fossil-fuel energy sources, its new president, Ajay Banga, said on Sunday. Banga told CNN‘s “Fareed Zakaria GPS” program that efforts now under way to stretch the World Bank’s […]
The easiest way to get a $7,500 tax credit for an electric vehicle? Consider leasing – EQ Mag
DETROIT : Thanks to a boost from the government, leasing — not buying — is becoming the most affordable way to get your hands on an electric vehicle. Last year’s Inflation Reduction Act provided a federal tax credit of up to $7,500 to use toward an EV. Under the rules, a dealer can apply that […]
Elon Musk kicks off China visit, Tesla expansion in focus – EQ Mag
BEIJING : Tesla Chief Executive Elon Musk on Tuesday kicked off a high-stakes visit to China with a meeting with the country’s foreign minister in Beijing, marking his return to the electric carmaker’s largest production hub after three years. The trip is the latest return by a top U.S. CEO to China since the country […]
Storing hydrogen in coal may help power clean energy economy: Study – EQ Mag
Coal may provide a potential new way to store hydrogen gas, much like batteries store energy for future use, addressing a major hurdle in developing a clean energy supply chain, according to a study Hydrogen is a clean burning fuel and shows promise for use in the most energy intensive sectors of the economytransportation, electricity […]
The fight to define clean hydrogen – EQ Mag
What counts as green hydrogen is a $100 billion dollar question. Last year’s Inflation Reduction Act (IRA) highlighted clean hydrogen’s important role in addressing climate change by offering generous incentives for the burgeoning technology. Now, the U.S. Treasury has to define what “clean hydrogen” actually means, and with $100 billion in hydrogen tax credits on […]