Getting climate, energy & environment news right.

Current Climate: Funding For Carbon-Reduction Tech Hits $4.2 Billion
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Current Climate: Funding For Carbon-Reduction Tech Hits $4.2 Billion

Katie Jennings and Alan Ohnsman of Forbes report on carbon-reduction funding. “Last year investors pumped nearly $4.2 billion into startups working on technology to reduce CO2 emissions, up from $3.6 billion in 2021, according to PitchBook. The number of deals also increased to 204 in 2022 from 167 in 2021. Svante, a Canada-based carbon capture startup,...

Cirba Solutions Secures $50 Million Marubeni Investment
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Cirba Solutions Secures $50 Million Marubeni Investment

Cirba Solutions reports on a $50 million investment from the Marubeni Corporation. “This most recent strategic investment in Cirba Solutions further augments the previously announced $245 million investment from EQT Infrastructure and the over $82 million from two recent Department of Energy grants from the Bipartisan Infrastructure Law.” Read the full article here.

Natural Gas: Fasten Your Seat Belts
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Natural Gas: Fasten Your Seat Belts

"What could worsen fluctuations even further are extreme weather events, which have become more common since the 1970s. That not only accentuates the highs and lows of natural-gas demand but also can affect supply. Colder-than-expected winter days have already caused more freeze-offs in natural-gas supply in recent years, notes Mr. Rubin. In 2021, a cold blast hitting Texas and neighboring states resulted in the largest monthly decline in U.S. natural-gas production ever and a 70-fold increase in local prices."

FPL adds 10 solar energy centers to power 150,000 homes
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FPL adds 10 solar energy centers to power 150,000 homes

"The sites include Cavendish Solar Energy Center in Okeechobee County and two in St. Lucie County: Pink Trail Solar Energy Center and Bluefield Preserve Solar Energy Center in St. Lucie County. The site in Okeechobee will provide power to the FPL Cavendish NextGen Hydrogen Hub, which is expected to be completed at the end of this year, FPL says, and will be state's first-of-its-kind 'green hydrogen' facility."

How wind farms are supercharging the economies of rural America
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How wind farms are supercharging the economies of rural America

"Benefits to local areas from wind and solar power could generate $60 billion in annual revenue by 2030, according to a 2021 report by the Colorado-based Rocky Mountain Institute. Much of that money will flow to rural areas, rivaling the economic impact of the beef, corn, and soy industries. That $60 billion figure includes $2.7 billion in annual tax revenue, $2.2 billion in annual payments to landowners and $6 billion in annual wages for construction and maintenance jobs."

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