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German auto giants place their bets on hydrogen cars
Stephan Herbst, general manager of Toyota in Europe, speaking in his role as a member of the Hydrogen Council business group, which forecasts that hydrogen will power more than 400 million cars by 2050, said he was confident that now governments had set ambitious carbon-reduction targets, they would push hydrogen alongside battery electric cars.
“We strongly believe this is not a question of either or,” he added. “We need both technologies.”
U.S. flood insurance rates to rise for 77% of policyholders -study
Under the new “Risk Rating 2.0” system from the U.S. Federal Emergency Management Agency (FEMA) taking effect Oct. 1, new premiums will be based on a property’s value, risk of flooding and other factors, rather than simply on a home’s elevation.
Meant to account for climate-change-driven shifts like increasing flood frequency, the new plans also will make the program more equitable, said Nick VinZant, QuoteWizard senior research analyst.
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