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"Doing more to disrupt the status quo with proven solutions can help smooth these transformations and create a better future in the process."
"Promoting panic and central planning to solve our greatest environmental challenges will ultimately be unsuccessful and only increase global and political temperatures. Durable climate solutions will require innovation in lieu of central planning, and prosperity rather than poverty. If we want to truly make a change this Earth Day we must embrace economic freedom."
"Breidert recommended that investors stay away from pure technology startups because of the low cost of entry and the possibility that a technical change will wipe them out. Instead, Breidert likes electricity infrastructure plays such as gas and power giant NextEra Energy Inc. and rooftop solar developer Sunrun Inc."
"The world will need nearly 600 GWh of battery energy storage by the end of the decade in order to achieve net-zero emissions by 2050, according to estimates from the International Energy Agency (IEA). In 2021, there was less than 60 GWh of battery storage capacity, according to estimates from energy research firms Rho Motion and Wood Mackenzie."
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"A report last month from energy consulting firm eclareon has found that no EU country has effective policies in place that would ensure the necessary deployment of wind and solar farms. The most serious problems are linked to bureaucracy, the report says, 'especially the high complexity, long duration and low transparency of administrative procedures.'"
"Three projects have obtained licenses from the Federal Energy Regulatory Commission, but none are being built. Developers of a long-planned Oregon facility expect work to begin in 2023. A Montana company that got a license five years ago needs a utility to operate the plant and buy its storage capacity before construction starts."
"Walmart is among more than 20 organizations that are a part of Building the Clean Hydrogen Economy, which is piloting programs for the industrial, heavy machinery and power sectors across the US. SoCalGas has plans for an expansive hydrogen infrastructure system, Toyota is producing and distributing the clean gas as part of its Woven City project, and the hydrogen fuel cell market is expected to reach nearly $30 billion by 2028."
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