"Willow has earned ConocoPhillips scorn from environmental groups, who say the project will emit climate-warming greenhouse gases for decades. But it has found support among some Alaska Natives’ associations, local politicians and the Alaska delegation in Congress. Proponents say that Willow could generate local, state and federal revenue of up to $17 billion and create more than 2,000 construction jobs and 300 permanent jobs."

"'This is the kind of project we’ve been working towards for decades and fits with our overall climate focus,' said Battelle Energy and Resilience Division Manager Shawn Bennett. 'Direct Air Capture technology is an important bridge to a future that greatly reduces the amount of legacy carbon dioxide in our atmosphere. But in addition to that, Project Cypress will be developed to the benefit of the local community, maximizing local job opportunities for the energy transition.'"

"On Wednesday, Windfall Bio is revealing its mission to the public for the first time and announcing a $9 million round of funding from venture firm Mayfield, with participation from other investors, including Bill Gates’ Breakthrough Energy Ventures."

The steelmaker has also invested in other companies adjacent to or crucial to the steelmaking industry, including LanzaTech, which makes carbon-capture tech, and Form Energy, which specializes in long-duration energy storage."

"Geothermal plants provide a steady, on-demand source of electricity, known as dispatchable generation. They pump steam or hot water from wells hundreds or thousands of feet underground to power turbines. Some leaders think such projects will complement wind and solar farms, whose production can vary based on weather conditions or the time of day." 

"Constructing energy infrastructure to bring reliable natural gas to New England ought to be a top priority for state legislators. Yet leaders of New England states have doubled-down on their decarbonization plans. Maine Gov. Janet Mills is seeking to achieve what she calls 'deep decarbonization' of the state. Last year Connecticut Gov. Ned Lamont axed a contract to build a natural-gas plant in Killingly, on the state’s border with Rhode Island. This year Connecticut’s two largest utilities hiked their rates by 43%, citing 'supply-chain constraints.' Massachusetts’ largest utility increased monthly rates by 64% because of “higher electric supply prices."

"The U.K. has neither the market nor the money to compete on [the scale of the Inflation Reduction Act], and some U.K. companies have already said they plan to expand in the U.S. or Europe rather than at home. Mr. Sunak looked askance at the very idea of industrial policy. 'I tend to think heavy state and government involvement in the economy is not something that necessarily always produces the best outcomes,' he said. 'Government picking winners has never gone particularly well.'"

"Overall, the Calgary-based firm has raised roughly $220 million to date in VC and grant finance, and is now raising a $145 million Series B round, Redfern tells Axios."