"The world invested $920 billion in clean energy deployment and innovation in 2021, a record high. However, in order to meet the goal of net-zero emissions by 2050, this figure must at least triple in the next few years, warns a report out Thursday from BloombergNEF."
"The long-term prospects for hydrogen in the United States will depend on more than how well DOE administers hydrogen hubs. Without a broader market shift toward hydrogen and long-term policies to back that shift, whatever success the agency can spur through the hub program will be muted."
"Xi has long stressed the need to strengthen domestic oil and gas production. But his latest, broader, comments once again bring China’s persistent anxieties around the supply of food, energy and materials to the fore. And they highlight how the campaign to reduce emissions has at times come into direct conflict with efforts to check commodities prices, which have surged over the past year in large part because of a shortage of coal and rising power costs."
"Though the Wind PRIME project remains in early planning — site plants and locations have yet to be finalized — the approval and eventual construction of the project would represent the finish line for the 100% clean energy goal MidAmerican established in 2014, Greenwood said."
"It’s hardly a secret that, even if it has the political will (or inclination) to do so, Germany’s willingness to push back against a Russian incursion ('minor' or otherwise) is severely constrained by its dependence on Russian gas (I included some statistics on this here), a dependence that, for various reasons, the opening of the Nord Steam 2 pipelines will (if it happens, and I think that it’s highly likely that it will) make even more dangerous than it already is."
"Blue, purple and red states alike have all improved their recycling systems, in a pro-consumer way, through legislation that implemented deposit return systems for beverage containers sold locally."
"U.S. government scientists said on Wednesday they have taken an important step in the long trek toward making nuclear fusion - the very process that powers stars - a viable energy source for humankind."
"The additional storage will complement the existing 400-MW/1,600-MWh of storage already at Moss Landing. Vistra on Monday said it has entered into a 15-year resource adequacy agreement with Pacific Gas & Electric (PG&E) for the new capacity. Vistra in a Jan. 21 filing asked the California Public Utilities Commission (CPUC) to approve the contract."
"The increase follows the closure of Pilgrim Nuclear Power Station in 2019 and reflects the slow pace of utility-scale wind and solar development in New England. A transmission line bringing more hydropower into the region from Quebec via Maine was halted by Maine voters."
"Most remarkable is that the critics of nuclear and natural gas are ignoring the current economic and political crisis wrought by their policies. Vladimir Putin is the main beneficiary of Europe’s climate obsessions and hostility to fossil fuels and nuclear power. He has energy leverage over the Continent that no dictator should be able to have. Brussels is belatedly trying to correct this blunder by encouraging smarter energy investments."
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