Getting climate, energy & environment news right.

Wall Street warms to climate tech
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Wall Street warms to climate tech

"Last April, the private equity giant Apollo became one of the first mainstream investment firms to take an interest in helping climate tech firms navigate the valley of death. That term refers to the phase in an industrial technology company’s development when it needs more money than venture capitalists can offer to reach commercial scale, but it remains too speculative for a bank loan. (Climate software startups, which don’t need to build massive infrastructure projects to scale up, don’t face the same funding challenges.)"

Three uranium mines open in the US
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Three uranium mines open in the US

"At the end of November last year, uranium prices reached more than $80 per pound (lb) for the first time in more than 15 years. Commenting on the attractive market conditions, Mark Chalmers, CEO of Energy Fuels, said: 'Due to the substantial increase in uranium prices, US Government support for nuclear energy and nuclear fuel, and a global focus on reducing carbon emissions, Energy Fuels is resuming large-scale uranium production.'"

The High Cost of the Trump-Biden Tariffs
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The High Cost of the Trump-Biden Tariffs

"The high cost of protectionism has been long documented. Surveying research on protections for various U.S. industries from 1950 through 1990, the Cato Institute’s Scott Lincicome found that the average annual cost to American consumers per job saved during those four decades was $620,000 (in 2017 dollars). Moving forward a few decades, Peterson Institute economists Gary Clyde Hufbauer and Sean Lowry estimate the price tag for each job saved by President Obama’s tire tariffs at $926,500."

The Rare Earths Mine That Won’t Need a Single Shovel
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The Rare Earths Mine That Won’t Need a Single Shovel

"However, Rainbow is now working with K-Tech, a Lakeland, Fla.-based chemical technology firm, on a novel approach to processing the rare earths further into more valuable rare-earth oxides. It is testing out a faster, more environmentally friendly way, known as continuous-ion chromatography, which has been used in photography. Bennett hopes to start producing rare-earth oxides with K-Tech on a trial basis by the end of March."

How global trade could fragment after the EU’s tax on ‘dirty’ imports
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How global trade could fragment after the EU’s tax on ‘dirty’ imports

"Adolfo Aiello, deputy director-general at Eurofer, says European steelmakers could face competition on multiple fronts: not just from 'cheaper dirty steel' but also 'greener steel from third countries.' The risk, he adds, is that the EU becomes 'a demand centre for green steel' with dirty steel being diverted elsewhere. The result, he says, 'would be a net negative impact on the climate.'"

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