Getting climate, energy & environment news right.

How Exxon Mobil’s CEO Views Energy Shortages and Increasing Profits
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How Exxon Mobil’s CEO Views Energy Shortages and Increasing Profits

"A lot of focus had been put on wind, solar and electric vehicles, which all have an important role to play. They’re necessary, but certainly not sufficient. So what we’re beginning to see is a recognition that a much broader set of solutions is needed, and that a critical player in that space will be our industry. Carbon capture and storage, hydrogen and biofuels are all now being recognized for the important role they’re going to play in contributing to the solution."

Maker’s Mark’s case for business conservation of nature
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Maker’s Mark’s case for business conservation of nature

"The private sector has an opportunity to pave a path forward for other sectors. Companies can set high standards for conservation and regeneration that incorporate the latest science and technology, filling the gaps where policy may stop short — or move too slowly."

Green Hydrogen Gets a Boost in the U.S. With $4 Billion Plant
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Green Hydrogen Gets a Boost in the U.S. With $4 Billion Plant

"Air Products is already the world’s biggest producer of hydrogen, making around 3.5 million metric tons a year, Mr. Ghasemi said. The company plans to sell the green hydrogen from the Texas plant to some of its climate-conscious industrial customers as well as users such as trucking companies looking for sources of fuel that don’t emit greenhouse gas, he said."

Siemens Power CEO Confirms the Iron Law of Power Density
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Siemens Power CEO Confirms the Iron Law of Power Density

"Now back to Bruch. He told CNBC that there is 'still a way to go' in the maturation of the wind industry and that there are problems with distributing 'risk along the supply chain in a world which is much more volatile, much more difficult, much more multilateral than before.' He continued, saying “if we don’t resolve it as an industry, we are missing a substantial part of the energy transition, and we’ll fail with the energy transition.” 

Kore Power raises $75M to build lithium-ion battery cells in Arizona
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Kore Power raises $75M to build lithium-ion battery cells in Arizona

"Kore isn’t primarily focused on EVs, although it does plan to supply its battery cells to electric-drivetrain startup ZEVX and potentially to other automakers. It’s also aiming at the stationary-storage market, another market segment that has received a significant boost from tax incentives in the Inflation Reduction Act. In March, Kore acquired Northern Reliability, a storage-system integrator and developer that it has renamed Kore Solutions, to serve these markets." 

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