"Germany’s first LNG import facility won’t come online until later this year at the earliest. Nor will a new LNG terminal in the Netherlands. A fire at Freeport LNG’s major export plant in Texas, meanwhile, will limit U.S. LNG exports for several months. China’s stop-start emergence from lockdown is likely to boost demand in Asia, increasing the contest for scarce gas."
Florida utility aims to eliminate carbon emissions by 2045
"Today, about two-thirds of FPL's power comes from natural gas, which generates carbon emissions but less than oil and coal. Another 20% comes from nuclear, 4% from solar, while the rest comes from the Georgia plant and other sellers."
Instead of Helping Americans Battle Rising Prices, Biden Escalates ‘Big Oil’ Blame Game
Eric Boehm of Reason writes on Biden’s Big Oil blame game. “Biden can’t flip a magic switch to increase the gasoline supply or otherwise bring down prices at the pump. Expanding the available supply supply of crude oil or the capacity of refineries takes time and money—and those investments are less likely to happen as...
Global oil demand set to rise 2% to new high in 2023, says IEA
"But the IEA said supplies would soon match demand, adding: 'After seven consecutive quarters of hefty inventory draws, slowing demand growth and a rise in world oil supply through the end of the year should help world oil markets rebalance.'"
Colorifix raises 18 million pounds in Series B round led by H&M
"The biotech company, which said it is the first to pioneer an entirely biological dyeing process, is looking to enter into an industrial scale-up after its first customer implementation with the Valérius Group, Portugal."
Why nuclear energy is on the verge of a renaissance
Catherine Clifford of CNBC writes about why nuclear energy is on the verge of a renaissance. “That’s largely because nuclear energy is clean energy, releasing no greenhouse gasses. Meanwhile, the world is seeing more of the effects of climate change, including rising global temperatures, increased pollution, wildfires, and more intense and deadly storms.” Read the full article...
A Novel Way To Prevent Food Waste And Up-cycle Fruit
"RIND contracts with fruit packing companies and processors to turn the fruit into thinly sliced, dried, ready to eat snacks with a long shelf life. Their product line includes various mixes of oranges, mandarins, apples, pears, kiwis, strawberries, bananas, coconut, watermelon, honeydew melon, peaches, persimmons and pineapple."
An oil-company spinoff wants to help build 70 direct air capture plants by 2035
"1PointFive plans to use some of the captured CO2 from the first plant for enhanced oil recovery, a process that helps get more oil out of old wells. If the CO2 added to the well stays underground, it can make the extracted oil nearly carbon neutral when it’s burned."
Farmers’ new fixes
"These changes are largely focused on long-term sustainability. But Schwagerl, who serves as vice president of the Minnesota Farmers Union, says cover crops proved their worth 'pretty darn quickly.' Within a year of planting, the soil 'looks better and we get a little bump in our yield' for her regular grains."
8 Rivers Capital Aims to Speed Up Decarbonization Efforts in Asia
8 Rivers Capital, a Durham, North Carolina-based clean technology firm on a mission to decarbonize the global economy by 2050. The company recently secured a $100 million investment from South Korean industrial conglomerate SK Group.
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