"Plants absorb the atmosphere’s carbon dioxide, which cuts the greenhouse-gas emissions from making bioplastics to at least half that of fossil-fuel-based plastics. Bioplastics can also sometimes cause less pollution when they degrade in the environment."
Natural Disasters Are Rising. This ETF Stands to Gain From Recovery Efforts.
"The strategy is an equal-weight ETF with 49 stocks, including chip maker Nvidia (NVDA), whose shares have risen more than 200% this year. Chanin said while most investors are focused on the chips and artificial intelligence side of the company, what makes the stock relevant to his ETF is its work with risk simulation."
Coastal Real Estate Can’t Seem to Price Climate Risk
"That study adds to a 2022 paper by Freddie Mac economists that found that Florida homes exposed to rising sea levels commanded no discount over those that aren’t. Another paper published this year estimated that flood-exposed residential properties were overvalued by $121 billion to $237 billion. In its totality, the available evidence suggests that the market has been insufficiently discounting the risk of rising seas because of a shortage of high-quality information — or at least an information assymetry between sellers and buyers — and that the best way to address it is to get the right data in front of people."
This Arkansas Town Could Become the Epicenter of a U.S. Lithium Boom
Collin Eaton and Benoît Morenne of The Wall Street Journal report on Magnolia, Arkansas and its role in the lithium boom. “Exxon, which is generally bullish about the future of oil and natural gas, is also preparing for a future less dependent on gasoline. Last year, it projected light-duty vehicle demand for internal combustion engine fuels...
US to hold first offshore wind rights sale in Gulf of Mexico next month
"According to a sale document, companies qualified to bid at the sale include units of European energy companies Equinor (EQNR.OL), Shell (SHEL.L), RWE (RWEG.DE) and TotalEnergies (TTEF.PA), all of which are already developing U.S. offshore wind leases. Equinor and Shell also have major oil and gas operations in the Gulf."
Energy Northwest, X-energy sign joint development agreement for up to 12 small modular reactors
"After conducting extensive evaluations of different advanced small modular reactor technologies, Energy Northwest determined that the Xe-100 was the best fit for its future resource needs. 'The evaluation process found X-energy’s technology possessed the right operational, safety, maintenance, and licensing attributes to meet the northwest region’s current and future need for firm, dispatchable carbon-free energy,' the company said in an e-mail."
Germany’s Irrationality Against Fossil Fuels Has Made It More Dependent on Them
Dr. Barbara Kolm writes in The Daily Signal about Germany’s irrational energy policy. “If the government wanted to truly help the environment, however, it would look to free enterprise to find solutions and use those resources that are abundantly available—for example, hydropower in the Alpine regions or the rivers.” Read the full article here.
Exxon Buys Pipeline Operator, Making Big Bet on Carbon
"By snapping up Denbury, Exxon will inherit 1,300 miles of pipelines used to move carbon dioxide from smokestacks to underground reservoirs, a prized asset as building new infrastructure to transport CO2 has often been met with local opposition. Denbury owns more than 900 miles of pipelines on the Gulf Coast running near the region’s manufacturing hubs."
How Wyoming’s Carbon County came to embrace renewable energy
Jason Plautz of E&E News reports on Wyoming’s leadership in renewable energy. “The onshore wind project supported by the TransWest line is projected to be the largest project of its kind in the country. The Chokecherry and Sierra Madre Wind Energy project, under construction near Rawlins, will host about 600 turbines on 1,500 acres of...
Fertilizer company OCI bets big on climate-friendly ammonia
"But the lure for OCI and others of making ammonia with a smaller carbon footprint is a business with potential beyond the farm. That includes production of fuel for coal-burning Asian utilities and for ships, both uncertain but potentially lucrative commercial possibilities."