"Other pyrolysis companies exist but most create products like soot or carbon black that can’t be used in battery production. Those companies also often rely on microwave or plasma-based heating, techniques that can be very energy-intensive. By contrast, Molten’s reactor is like a toaster: It uses resistive heating, which is more efficient, according to co-founder and Chief Executive Officer Kevin Bush."
"'Shielding automakers from competition and stopping consumers from accessing affordable EVs today is not going to help them meet their climate goals, nor will it help their domestic industries,' Aleksandra O’Donovan, who leads BloombergNEF’s Electrified Transport research team, said in an interview. 'At the moment, it feels as though the decarbonization targets might not be the priority.'"
"Weng says the most prominent method of monitoring has been the use of infrared cameras operated by technicians on the ground or from the air. But that is time-consuming, labor-intensive and inefficient. Because there are so many production sites, there is no way to monitor all of them in a timely way. Major leaks can continue for days, weeks or months without detection."
"While labour is cheap, developers face technical hurdles. Unlike in China, many Western companies are still perfecting the complex processes for producing rare earth metals, a costly challenge that has stalled projects for years."
After 7 years of extensive research, planning, permitting and subsequent litigation, the Coyote Wind Project was stopped – not because it failed to meet substantive environmental regulations, but because of frivolous procedural concerns.
"Supporters of using carbon credits, which include influential climate advocacy groups such as the Bezos Earth Fund, the Rockefeller Foundation and multinational banks tasked with financing economic development, say the two-year long effort to improve standards can make these credits a key source of desperately needed funds for decarbonization efforts in Africa, Latin America and South and Southeast Asia."
"The shortfall is in part because of the permitting process for mining companies. The average time between discovering a new copper mineral deposit and getting a permit to build a mine is about 20 years, according to Simon."
"The new facility will store excess electrical energy during production and distribute it to customers when needed. The project will reduce strain on the grid and regulate power generation in sync with fluctuating demand, the company said."
"Perhaps EVs are the future of transportation. If so, consumers will adopt them by choice over time, and the necessary infrastructure will be developed in due course, just as it was for automobiles a century ago. But putting the mandated EV cart before the charging infrastructure horse is a prescription for an expensive policy that is doomed to fail."
"TerraPower’s design has another unique feature. Most reactors can’t easily adjust their power output, making it hard to mesh with fluctuating wind and solar farms. TerraPower’s reactor will have a molten salt battery that allows the plant to ramp up or down as needed."
Help us promote free market solutions for climate change.
Thank you for signing up