Thomas Frank of E&E News reports that global weather disasters cost $101 billion in 2021. >>>READ: The Truth About Extreme Weather<<< “Insured losses this year from storms, floods and other dangerous events are projected to reach $101 billion, with the damage occurring overwhelmingly in the U.S., Swiss Re said.” Read the full article here.
Chris Helman of Forbes writes about EQT, a company that is using fracking to address climate change. >>>READ: Russian Natural Gas is an Environmental Disaster <<< “Many environmentalists, and a significant number of politicians, would like to put frackers out of business. Look at the numbers, the Rices retort: The shale gas revolution is the...
Reuters reports that Shell has bought U.S.-based Savion to increase its solar power push. >>>Read More on Private Sector Innovation<<< “The oil major did not disclose the value of the deal, but said the acquisition adds on to its previous investment in U.S. solar power operator Silicon Ranch, with Savion’s more than 18 gigawatts of solar power...
Nathan Bomey writes in Axios that Caterpillar, BNSF Railway, and Chevron are pursuing a hydrogen project. >>>READ: Chevron Commits to Net Zero by 2050<<< “Caterpillar’s Progress Rail will develop a hydrogen rail system, Chevron will deliver the fueling setup, and BNSF will demonstrate the technology once it’s ready.” Read the full report here.
"General Motors has signed a deal to extract rare metals for the motors of electric vehicles in North America, according to a Thursday press release from the automaker. Linking up with the Las Vegas-based MP Materials, the automaker will receive 'U.S.-sourced and manufactured rare earth materials, alloy, and finished magnets for the electric motors' ideal for GM's forthcoming lineup of all-electric vehicles."
"Russian gas is a geopolitical and climate disaster that helps sustain Putin’s malign regime. But the EU and U.S. and their allies can together take actions to limit the adverse impacts of Russian gas in the near-term while setting in place longer-term options for cleaner, more secure energy sources."
Petra is a Silicon Valley-based startup that is aiming to cut the costs of burying power lines underground in tough terrain with an innovative robotic drill.
"The $169,000 Lucid Air Dream, while financially out of reach for most people, has an unprecedented 520-mile driving range — efficiency that can be carried over to lower-priced models."
Faisal Islam of BBC News writes on the economic rise of China. >>>READ: Appeasing China is The Wrong Way to Fight Climate Change<<< “So, 20 years on – the world transformed by a little-noticed decision. It’s been a huge success for China. The intended geopolitical strategy of the West failed. Indeed, rather than China becoming...
Caitlin Burke of CBN News writes on the United State’s dependence on China for clean energy supply chains. >>>Learn More About Rare Earth Minerals Here<<< “‘You know, wind turbines and solar panels just don’t show up. They have to be created and there’s an entire supply chain and there are minerals and metals that go...
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