"The new money comes from the French government, the European Investment Bank, the space-focused growth fund NewSpace Capital, and the VC arm of banking giant BNP-Paribas."
Articles from Around the Web
A Gas Giant Maps Out Its Hydrogen Plan
"It is still early days for the market. While that increases the chance it develops in unexpected ways, it also gives the likes of Air Liquide time to adapt."
How Ammonia Could Help the World Transition to Clean Energy
"Mayer said the advantage ammonia offers over hydrogen is that it is a liquid at moderately low temperatures and can be stored as liquid under relatively low pressure, similar to how liquefied petroleum gas (LPG) is stored. Concerning how the ammonia is used, Mayer said there are two possible ways: ammonia can be burned directly or it can be 'cracked,' that is, decomposed over a catalyst, back to hydrogen."
Volkswagen Plans $7 Billion Investment To Build Electric Cars In North America
"Volkswagen Group announced this week it will invest $7.1 billion to produce battery-electric cars in North America, and will offer 25 new EV models to customers in the US, Mexico, and Canada by 2030. Its goal is for 55% of its cars to run on electricity by the beginning of the next decade."
How a breakthrough in geothermal could change our energy grid
"If Altarock is going to reach those super hot temperatures beyond Newberry, they’re going to need to drill deeper. And that’s really hard to do with conventional drills. Instead, they’re hoping to use another type of new technology that sounds like science fiction: A heat ray to melt rocks. It’s called a millimeter wave — it’s kind of like a laser, in a different part of the spectrum."
Putin hates fracking. How much did he support US and EU fracking foes?
"If Putin is a ruthless operator who expertly infiltrates U.S. politics with disinformation and money, which is what we have been told for six years now, and given that he stands to lose from robust fracking or other oil and gas exploration in the U.S. and Europe, then we have to assume that he is funding anti-fracking and anti-drilling messages in the U.S. and Europe."
Why high gas prices fall harder on lower earners
"[L]ow earners funnel a bigger share of their budgets to transportation costs and other staples, like food and energy, relative to wealthier households."
Russian invasion underscores strategic value of American energy
"The men and women producing America’s oil and natural gas are committed to supporting their local economies and communities and are working hard every day to help advance our country’s security interests. With support from this administration, we can together firmly establish the U.S. as a stable supplier of energy for Europe and our allies around the globe for decades to come."
To modernize infrastructure, start with NEPA reform
"Congress is allocating trillions of dollars to infrastructure solutions, but without regulatory reforms, these funds will be caught up in a labyrinth of bureaucratic delay. We can’t modernize our infrastructure without modernizing our regulatory process. Reforming NEPA is the place to start."
Market Innovations Make Nuclear An Energy Crisis Solution
"Whether you care about combating climate change, further securing American energy independence, or reducing energy costs for American families, these nuclear innovations can address the current energy crisis plaguing both the U.S. and Europe."