"The moves by FedEx and its rival package carriers are accelerating competition among vehicle manufacturers to develop and produce the trucks and delivery vans that cargo companies are seeking to reduce their carbon emissions."
"'The bottom line is at our current pricing, electric space heating and electric hot water heating and electric clothes drying are just not even close to competitive if you can get natural gas,' Borenstein added."
"Oil and gas shares have fallen amid growing uncertainty about petroleum’s future profitability. Renewables are an obvious opportunity: Demand for clean power is expected to boom as economies decarbonize and transport and industry electrify."
"'Net zero means rethinking our business and helping our clients rethink theirs. For banks, what some don't realize is that net zero includes not just our own operations but also our core business impacts – in other words, our financing.'"
"The ice-cold reality is that grid regulators across the U.S. are struggling to keep the power on during extreme weather. They have been able to avoid more blackouts by ordering energy conservation. But Texas shows that conservation isn’t enough, as government mandates make America more reliant on electric power for everything from heating to cars."
"Although final details and permits have yet to be worked out, an Iowa agribusiness company announced plans on Friday, Feb. 19, to build a $2 billion pipeline network that will carry liquefied carbon dioxide from ethanol plants in four states to underground storage in North Dakota."
"Innovations arise when smart people look at problems from whole new perspectives and explore paths less traveled."
"The crux of his argument is that, as helpful as innovations like electric cars, solar panels, lithium-ion batteries and plant-based burgers are to the effort, they don’t go far enough. There isn’t enough land on earth to plant enough trees to offset our carbon dependency."
“Energy giant Royal Dutch Shell vowed to eliminate net carbon emissions by 2050, raising its ambition from previous targets, as its oil output declines from a 2019 peak.”
“Yet while these politically-motivated moves appear to be driving our energy policy, lurching first one way, then another, energy researchers say the reality is that markets and emerging technologies are both pushing towards a carbon-free future, regardless of U.S. domestic energy policy.”
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