"The BLS inflation data released yesterday is 'especially damning,' said Paul Cicio, chair of the Electricity Transmission Competition Coalition. While electricity generation costs have fallen due to low natural gas prices, 'transmission costs continue to accelerate,' he said."
Lamenting the “obscene” energy demands artificial intelligence (AI) will command, a recent New Yorker article asks, “How can the world reach net zero if it keeps inventing new ways to consume energy?” The energy needs of cryptocurrency mining and clean-tech manufacturing have also raised concerns that the world will not meet climate targets. The reality...
The SEC’s decision to exclude Scope 3 emissions was a win for businesses. However, the Commission’s complex reporting rules still add undue costs to consumers and the private sector.
"Another reason for miners’ lack of investment is woefully lengthy permit processes, which delay projects and add uncertainty. In America obtaining permits often takes between seven and ten years, with companies required to consult a variety of government agencies and other interested parties. In some countries environmental concerns have led to approvals being withdrawn. The Serbian government revoked the licence of Rio Tinto, another mining behemoth, for a $2.4bn lithium mine after environmental protests broke out in the country in 2022."
"The Asian Development Bank does not finance investment in nuclear energy, citing barriers to deployment including low public acceptance, risks related to nuclear proliferation, safety issues and high investment costs, according to a 2021 review."
"One-size-fits-all climate disclosures are costly and ignore the complexity of America’s diverse economy. Rather than adding undue burdens to businesses and consumers that provide little benefit to investors, lawmakers should look to reduce harmful barriers that inhibit capital formation, innovation and economic growth."
"Local authorities had originally hoped that the factory could attract thousands of employees and new residents to their town of about 20,000 — an enticing promise for a region struggling with an aging population. Instead, Freyr is employing only about 110 people locally at its testing plant focused on technological development."
"Only 6% of global zinc production occurs in the U.S., according to South32, and demand is expected to exceed supply by 3 million tons in 2031. The mineral is used in batteries to store energy, and in wind turbines, electric vehicles and in galvanizing steel for road and bridge construction."
"Geologists are now finding natural hydrogen reserves around the world. This month researchers reported that more than 200 tonnes of hydrogen a year were flowing from the Bulqizë chromite mine in Albania."
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