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Why the world’s mining companies are so stingy
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Why the world’s mining companies are so stingy

"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 In some countries environmental concerns have led to approvals being withdrawn.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."

Climate disclosure laws miss the mark
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Climate disclosure laws miss the mark

"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."

This Arctic Circle Town Expected a Green Energy Boom. Then Came Bidenomics.
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This Arctic Circle Town Expected a Green Energy Boom. Then Came Bidenomics.

"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."

February 22, 2024April 5, 2024Around the Web in Economics
First electric cars. Next, electric factories?
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First electric cars. Next, electric factories?

"For temperatures of up to 200°C, the technology attracting most attention is not the electric kettle but the industrial heat pump. Heat pumps, like refrigerators, move heat from one place to another. In a fridge the heat is removed from the inside (keeping the contents cooler) and dumped outside (making the kitchen a little warmer). Heat pumps, which are becoming increasingly common for domestic heating, take heat from outside and move it inside. Because the amount of energy needed to move heat this way is lower than the amount needed to heat things up directly, this can lead to big energy savings. And as the technology improves and sales increase, prices are falling."

Wyoming Hits the Rare-Earth Mother Lode
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Wyoming Hits the Rare-Earth Mother Lode

"Smart resource regulation is of course necessary, but we know more today than we ever have about how to protect the environment while powering a diverse economy. If the U.S. refuses to press its natural advantages, it will cede global leadership to China."

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.)"

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