"Devon’s emission reduction strategy will involve a range of potential actions including expanding its leak detection and repair program; implementing advanced leak detection technologies; reducing the volume of natural gas that is flared; electrifying facilities to reduce the use of natural gas and diesel consumed onsite, including transitioning from gas-driven to air-driven pneumatic controllers; and optimizing facility design to minimize leaks and eliminate common equipment failures."
"The U.S. has pumped millions of dollars into researching how to extract rare-earth minerals from abandoned coal fields, an approach some say won’t work. The Pentagon has invested in a U.S.-based rare-earth magnets manufacturer that sources many of its products from China."
"This heavy bias toward solar and wind is typical of renewable energy investments worldwide. Increasingly, though, the energy transition is creating new investment opportunities that could become significant asset classes in their own right."
"Redwood Materials, a battery recycler created by Tesla cofounder JB Straubel, says it’s more than tripling the size of its operations in Nevada and will spend 'hundreds of millions' to scale up recovery of lithium, cobalt, nickel and other commodity metals it sells to makers of lithium-ion batteries for electric vehicles."
"According to the International Energy Agency (IEA), Taiwan generates 46 percent of its electricity with coal. Though it now has an objective to eliminate emissions by 2050, Taiwan used more coal-fired power from 2015 through 2019 than in any other five-year stretch in its history, setting a coal-generation record of 131 terawatt-hours in 2018."
"Hydrogen has key advantages. One is that it can be used in modified versions of existing power plants and other machinery designed to run on coal, gas or oil. That will help countries avoid scrapping billions of dollars of legacy assets as they transition to a new-energy future."
"A breadth of solutions is needed to remove carbon emissions, such as hydrogen, sustainable bioenergy and various approaches to reducing and reusing the energy consumed in our homes, offices and factories. Carbon capture and storage (CCS) will play a significant role as well."