"Less-necessary production is often in the eye of the beholder, but fuel, food, clothing and transportation might not be the first sectors that come to mind when consumers consider things they can do without. As for the goals of fewer private jets and a reduction in purchasing power among the rich, even ecological economists ought to understand that there will be a downside for those who produce what the rich purchase. The authors might consider what happened to shipyard workers when the U.S. Congress sought to soak the rich by applying a heavy tax on yachts in 1990. Sales plummeted, and so did jobs."
Chevron to create JV for U.S. geothermal projects
"The two companies have identified the first project in Weepah Hills, Nevada and will pursue development opportunities in Esmeralda County where previous geothermal research and advanced exploration already exist."
Tesla Cofounder Aims To Rev Up U.S. EV Battery Market With $3.5 Billion South Carolina Plant
"Redwood has raised more than $1 billion from investors, including Ford, Fidelity, Bill Gates’ Breakthrough Energy Ventures and Amazon’s Climate Pledge Fund. It will be seeking additional funds to cover the $4.6 billion it is committing for both the South Carolina campus and its production facilities in Nevada, though Straubel declined to provide details about that effort."
Long-duration energy storage has attracted more than $58B in global commitments since 2019: WoodMac
"Emerging LDES technologies face an 'ever-growing list' of technical, financial and business barriers to gain broader deployment, reduce costs and provide financial value against combined cycle gas turbines paired with carbon capture and storage, modular nuclear reactors or green hydrogen fueled power plants."
How Exxon Mobil’s CEO Views Energy Shortages and Increasing Profits
"A lot of focus had been put on wind, solar and electric vehicles, which all have an important role to play. They’re necessary, but certainly not sufficient. So what we’re beginning to see is a recognition that a much broader set of solutions is needed, and that a critical player in that space will be our industry. Carbon capture and storage, hydrogen and biofuels are all now being recognized for the important role they’re going to play in contributing to the solution."
Maker’s Mark’s case for business conservation of nature
"The private sector has an opportunity to pave a path forward for other sectors. Companies can set high standards for conservation and regeneration that incorporate the latest science and technology, filling the gaps where policy may stop short — or move too slowly."
Green Hydrogen Gets a Boost in the U.S. With $4 Billion Plant
"Air Products is already the world’s biggest producer of hydrogen, making around 3.5 million metric tons a year, Mr. Ghasemi said. The company plans to sell the green hydrogen from the Texas plant to some of its climate-conscious industrial customers as well as users such as trucking companies looking for sources of fuel that don’t emit greenhouse gas, he said."
Why Silicon Valley is so hot on nuclear energy and what it means for the industry
"Some venture capitalists are especially excited about fusion. It’s the type of nuclear energy that powers stars, and it generates no long-lasting radioactive waste — but so far, it’s proven fiendishly difficult to create a lasting fusion reaction on Earth and impossible to generate enough energy for commercial generation."
Clean Energy Company Sets Sights on Houston Expansion
"While Houston is synonymous with the oil and gas industry, the city has recently been gaining a competitive advantage in numerous renewable energy industry sectors due to the high concentration of energy expertise and experience among its residents."
Siemens Power CEO Confirms the Iron Law of Power Density
"Now back to Bruch. He told CNBC that there is 'still a way to go' in the maturation of the wind industry and that there are problems with distributing 'risk along the supply chain in a world which is much more volatile, much more difficult, much more multilateral than before.' He continued, saying “if we don’t resolve it as an industry, we are missing a substantial part of the energy transition, and we’ll fail with the energy transition.”
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