"Other auto makers also have moved to leverage their experience developing battery-powered cars to delve into the energy space. Tesla Inc. operates an energy-storage business, which generated $866 million in revenue during the second quarter. Toyota Motor Corp. in June began sales in Japan of a battery-storage system for residential use."
Patagonia’s Purpose-Driven Business Model is an Ode to Clean Capitalism
Patagonia’s lifelong commitment to defending the environment proves capitalism and planetary sustainability are not at odds.
What OPEC’s 2 million-barrel cut could mean for U.S. gas prices
"The coalition of OPEC, Russia and allied producers on Wednesday announced cuts of 2 million barrels per day in Vienna starting in November 2022."
Long-Duration Battery Startup Form Energy Raises $450 Million
"Form Energy Inc. plans to use the funds to build its first big manufacturing facility and begin selling to customers. The private funding round more than doubles the total equity Form has raised in its five-year history, company officials said."
Exxon CEO Warns Biden Administration Against Limiting Fuel Exports
"Mr. Woods also said pipelines that carry fuel from the Gulf Coast to the East Coast are full. Without waivers of the Jones Act—the law passed a century ago that effectively limits the number of vessels allowed to move goods between U.S. ports—Mr. Woods said there aren’t enough ships to move more U.S.-made fuel to the Northeast."
Carbon Ridge Secures $6 Million Investment from Leading Climate Investors and Maritime Industry Leaders
Carbon Ridge reports that it has raised $6 million on BusinessWire. “’We believe onboard carbon capture & storage will be the lowest cost and most efficient pathway to achieve near-term decarbonization in the maritime industry. We are very excited about partnering with The Grantham Foundation, Crowley and Berge Bulk, as leaders in their respective sectors,...
Request for proposal released for Eielson Air Force Base Micro-Reactor Pilot Program
The Air Force reports on a new nuclear reactor development. “The Micro-Reactor Pilot Program was initiated in response to the Fiscal Year 2019 National Defense Authorization Act requirement to construct and operate a micro-reactor by the end of 2027. The micro-reactor will be licensed by the U.S. Nuclear Regulatory Commission, but commercially owned and operated.”...
California needs to embrace nuclear power
"But if the goal is to eliminate carbon dioxide, California’s decommissioning of carbon-free nuclear power plants has been puzzling. Nuclear power plants do not emit greenhouse gases. Unlike solar and wind, nuclear power runs 24/7 without the need for complicated energy storage technology."
The Great Lakes are awash in plastic. Can robots and drones help?
"Some 22 million pounds of plastic enter the five nation-sized lakes each year, according to modeling by the Rochester Institute of Technology. That threatens the health of the 137 native fish species, including lake trout, walleye and bass, as well the humans and other creatures that eat them. Petroleum plastics are inherently unhealthy if ingested, but they concentrate other pollutants, too."
As Europe Faces an Energy Crisis, Nuclear Power Gains Momentum
The nuclear energy resurgence from the public and private sectors alike has shown the international community that lowering greenhouse gas emissions can be done in conjunction with protecting national and energy security.
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