"While Toyota has a massive multibillion-dollar R&D budget to develop better materials, electronics, software, advanced batteries and hydrogen fuel cell systems for its cars and trucks, Toyota Ventures is on the lookout for promising, small startups with technology that could eventually be both lucrative and potentially benefit the automaker’s global operations."
"While many climate activists appear to distrust the market in favor of governmental intervention, the market is the most effective tool we have to affect economic transitions, and we need to rely upon the private sector and, specifically, private capital to drive decarbonization in a deliberate and effective manner."
"Nuclear energy is the cleanest, safest, densest, and most reliable energy source. The value proposition for nuclear energy is unparalleled; it’s the only commercially proven, dispatchable clean energy technology that can be scaled up fast enough to meet the demand for electricity in a decarbonizing scenario."
Abby Smith of The Washington Examiner reports that Wyoming will house a first-of-its-kind advanced nuclear project to replace a coal-fired power plant. “The TerraPower demonstration project will be located at the site of one of PacifiCorp’s retiring coal-fired power plants. The companies haven’t chosen which retiring coal plant yet but are expected to announce the...
"America has more work to do on this front. But if government and industry continue to partner and maintain existing pipelines, build new capacity, and integrate best-in-class cybersecurity protections, we can avoid threats of fuel scarcity, empower economic growth, and deter global hackers."
"Italian sports car maker Lamborghini on Tuesday unveiled Tuesday a 1.5-billion-euro ($1.8 billion) electrification plan for its luxury vehicles, joining a global push away from fossil fuels at the risk of upsetting fans."
"Del Bosque, who grows melons, asparagus, sweet corn, almonds and cherries, said his operation could lose more than half a million dollars in income, and put many of his 700 workers out of work. He and other farmers say drought has been exacerbated by California's lack of investment in water storage infrastructure over the last 40 years."
"About one hundred deposition tunnels will be excavated during the 100-year operational period. The repository will total a length of about 35 kilometers, with each tunnel being about 4.5 meters high, 3.5 meters wide and 350 meters long, each holding about 30 canisters."
"Spending big doesn’t necessarily equal spending smart. As the country crawls out from under the weight of a 14-month pandemic-induced economic downturn, we can’t afford to waste limited taxpayer resources. Spending must be effective and done efficiently and Congress should focus as much – if not more – on removing obstacles that keep private sector investment on the sidelines as they do in creating new government programs. ”
Frédéric Simon of Euractiv reports that GE will use 100% clean hydrogen fuel to power its plants by 2030. “‘Today, we have a 50% hydrogen capability for combustion in our largest baseload gas turbines’ used for power generation, said Martin O’Neill, vice president at GE Gas Power.” Read the full article here.
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