Despite climate change, the world is still heavily dependent on fossil fuels. There is already a political consensus in Europe that these will soon no longer be used primarily in combustion engines. Nevertheless, there is a global understanding that mobility alone cannot be responsible for all changes. Instead, it must be a complete transformation of industry, energy production and human consumption patterns. Saturn Oil & Gas is meeting a small portion of the world's oil and gas needs with a strong focus on sustainable production. We provide an update from Calgary.
Defence Therapeutics' pipeline offers market potential in the range of several hundred billion USD. We present the six most important projects and explain why 2023 will be crunch time for Defence Therapeutics - the decisive phase for the Company and its shareholders is just around the corner. As Defence continues to write its success stories, the multifaceted Canadian company could soon be wooed by pharmaceutical giants - the first collaborations have already been signed.
Achieving future climate targets will inevitably mean a shift towards a CO2-neutral society. Alongside renewably generated electricity, hydrogen plays a key role in this. In this context, green hydrogen is the only type of gas fully compatible with the net zero emissions targets. It is therefore considered an essential element for the worldwide climate turnaround. As a result of the billions of euros in programs launched by politicians in the USA, Europe and China, companies operating in this sector are benefiting significantly. First Hydrogen is likely to benefit from the subsidies in several ways. On the one hand, the hydrogen specialist has branches in North America, Great Britain and Europe. On the other, the Company will, in the future, offer the complete value chain, from the development and construction of light commercial vehicles to refueling systems and the production of green hydrogen. The next few weeks will be decisive for the still-young company.
Whether through the Inflation Reduction Act by the USA or the planned Green Deal Industrial Plan of the European Union, politicians are trying with all their might to accelerate the switch from fossil fuels to renewable energies. As a flexible and easily transportable energy carrier, green hydrogen is seen as a critical element in transforming industry and transportation. However, there are high hurdles to overcome in the implementation. In addition to the expansion of the filling station infrastructure, the expensive production costs of the gas represent a massive obstacle to conquering the mass market. The technology developed by dynaCERT and its joint venture partner Cipher Neutron could solve this problem in the near future.
An important component of the global effort to protect the climate is clean energy generation and storage. Efficient electricity use requires high-performance storage systems that allow energy to be used regardless of the time of day. The chemical industry has been working for decades on processes that enable more efficient exploitation of our resources. For the chemical giant BASF from Ludwigsburg, Germany is not an easy terrain for innovative research and development due to its high-cost structure. We provide an update from Ludwigshafen.
The renowned City of Hope Clinic in the greater Los Angeles area wants nothing less than to lead the revolution in the fight against cancer. Here, where globally acclaimed breakthroughs against blood cancer and diabetes were achieved in the 1970s, the biotech company Defence Therapeutics now wants to clear important hurdles in the approval process of the US Food and Drug Administration (FDA). Here is what the collaboration is all about and what it could mean for the young biotech company.
The major interest rate turnaround in 2022 is bringing the big banks back into business. While banks had to contend with negative interest rates during the period of low-interest rates, the situation is now increasingly easing. The deposit side is generating positive inflows, and the lending business is again generating adequate margins. Deutsche Bank is back at the level of 2007, i.e. shortly before the outbreak of the financial crisis. Its transformation into the modern age would be largely complete if it were not for the threat of insolvencies generated by the aftermath of the Corona pandemic hanging over the lending business as a sword of Damocles. We provide an update from Frankfurt.
It is well known that hydrogen is a central building block for the energy transition and achieving climate targets. With the launch of programs worth billions of dollars, not only the USA with the Inflation Reduction Act and China with announced subsidies of around USD 280 billion, but also Europe wants to make huge investments in the green energy of the future. One of the most important players in this field is the pioneer of fuel cell technology, Plug Power. The Company plans to build an end-to-end ecosystem for green hydrogen, ranging from production, distribution, storage and delivery to power generation, in order to benefit from the enormous economies of scale. However, there is a big gap between the ambitious plans and the implementation.
To ensure the competitiveness of their countries in the field of green energies, politicians are outbidding each other with subsidy programs in the triple-digit billions. Last year, the US already came up with the "Inflation Reduction Act" in the amount of USD 370 billion, on the one hand, to promote domestic industry and, on the other hand, to lure foreign corporations overseas. The EU is challenged to maintain the connection because, besides the United States, China has also announced subsidies in green technologies of more than USD 280 billion. The European Union now wants to counter with the "Green Deal Industrial Plan" in order to secure Europe as a business location in the long term. One of the main beneficiaries of this bid is the global hydrogen innovator First Hydrogen, which, in addition to branches in North America, Great Britain and Europe, is also likely to profit several times over with the development of light commercial vehicles, refueling systems and the production and distribution of green hydrogen.
Shareholders of the agrochemicals and pharmaceuticals group Bayer made an unprecedented decision at the 2019 Annual Stockholders' Meeting: Werner Baumann, the incumbent Dax boss, was the first not to be discharged. Now - after four out of five years of his current contract - the way is clear for an external manager. Bill Anderson takes the helm as of April 1. Find out how the surprising change came about a year earlier than expected and what the consequences are for investors in this stock update.