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Texas, a Clean-Energy Pioneer, Turns Against Renewables
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Texas, a Clean-Energy Pioneer, Turns Against Renewables

"The renewable-energy boom in Texas was shaped by some of the characteristics that define the state itself—wide-open spaces, regulatory permissiveness and a fiercely competitive electricity market unlike any other in the country. An overhaul of the state’s power market approved in 1999 under then-Gov. George W. Bush set the stage for the renewable frenzy. Deregulation broke up the functions of monopoly utilities and introduced competitive auctions for wholesale power. Part of the plan included adding at least 2,000 megawatts of renewable generating capacity by 2009. Texas blew past that goal, set another and surpassed it too."

Washington state hits the brakes on landmark gas ban
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Washington state hits the brakes on landmark gas ban

"Earlier this month, the Building Industry Association of Washington also sent letters of warning to three Washington cities — Seattle, Shoreline and Bellingham — that have enacted their own restrictions on gas in new buildings. The letters warned city attorneys that their gas restrictions were 'no longer enforceable' due to the 9th Circuit’s decision on the Berkeley law."

JPMorgan agrees to purchase $200 million worth of carbon removal
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JPMorgan agrees to purchase $200 million worth of carbon removal

"JPMorgan also signed a deal with Charm Industrial, a carbon storage company that converts excess organic material such as corn stover — the stalks, leaves and cobs that remain in fields after the corn harvest, and which would otherwise decay and release carbon dioxide into the air — into a bio-oil and then put that oil into the ground in abandoned oil wells. The deal with Charm aims to remove and store the equivalent of approximately 28,500 metric tons of carbon dioxide over five years."

Rt Hon. Dr Liam Fox, MP Opens Inaugural Innovation Zero Conference with Charge to Embrace Free Markets
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Rt Hon. Dr Liam Fox, MP Opens Inaugural Innovation Zero Conference with Charge to Embrace Free Markets

Today, Innovation Zero kicked off its inaugural Clean Tech Congress in London. The two-day conference, which will have over 11,000 people in attendance, will include panel discussions that focus on private sector development in the clean tech space and policies that can be implemented to drive innovation. Innovation Zero will also include notable speakers including...

An American Oil Hub Is Pivoting to Offshore Wind
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An American Oil Hub Is Pivoting to Offshore Wind

"The number of active projects show that the Gulf's offshore expertise, earned through decades of oil and gas operations, translates well to supporting wind farms currently under construction. Out of about 1,200 contracts signed by US companies for offshore needs like survey work, electric substations and cables, companies in the Gulf and the South have scored 23% of the total, according to a tally kept by the industry group Business Network for Offshore Wind." 

Exxon Joins Hunt for Lithium in Bet on EV Boom
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Exxon Joins Hunt for Lithium in Bet on EV Boom

"Lithium production would also diversify Exxon’s portfolio and expose it to a rapidly growing market. The company is positioning other parts of its business to accommodate electric vehicles. Exxon executives have said many of its chemical products supply EV manufacturers, whose cars are made with plastics and other petroleum products."

Cities Must Be Redesigned for a Future of Extreme Heat
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Cities Must Be Redesigned for a Future of Extreme Heat

"By 2050, almost 70% of the world’s population will live in cities — and nearly 1,000 cities will see their average high temperatures reach or surpass 35C during summer months. That’s triple the number of cities experiencing those kinds of temperatures today, and alarming evidence of extreme heat’s growing impact on the viability of urban areas."

EU’s new green reporting rules are ‘impossible’, businesses say
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EU’s new green reporting rules are ‘impossible’, businesses say

"European industry, still struggling from the after-effects of Covid-19 and last year’s record-high energy prices, has become increasingly vocal about the bureaucratic burden of complying with EU rules. Ursula von der Leyen, the commission’s president, recently promised to cut red tape by 25 per cent and is expected to propose a plan to do so this year."

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