"The energy sector is also in transition to a lower-carbon future. Even most major energy companies publicly recognize this. It seems clear to many where things are headed in the long term, but it is much more difficult to predict the trends on a year-to-year basis."
Net-zero emissions pledges matter
"We cannot grow by subtraction. We must innovate, deploy the technology we have today and support the innovation necessary for the future and not be bound by only what we know today as the solutions. Transformation requires a vision and investment."
Oatly wants farmers to plant more oats. Here’s how it’s helping
"Oatly is supplying grant funding for the farmers to start growing oats and is promising to buy the oats after they are harvested. This guarantee helps offset the economic pressure to grow corn and soy, which sell for a higher value, up to two to three times as much per bushel compared to oats, according to Kunen."
Global spending on energy transition nears $1 trillion
"The world invested $920 billion in clean energy deployment and innovation in 2021, a record high. However, in order to meet the goal of net-zero emissions by 2050, this figure must at least triple in the next few years, warns a report out Thursday from BloombergNEF."
MidAmerican files for approval of final 2 GW needed to meet 100% clean energy goal
"Though the Wind PRIME project remains in early planning — site plants and locations have yet to be finalized — the approval and eventual construction of the project would represent the finish line for the 100% clean energy goal MidAmerican established in 2014, Greenwood said."
Rising power plant emissions threaten New England climate goals
"The increase follows the closure of Pilgrim Nuclear Power Station in 2019 and reflects the slow pace of utility-scale wind and solar development in New England. A transmission line bringing more hydropower into the region from Quebec via Maine was halted by Maine voters."
GM to invest historic $7 billion in 4 facilities across Michigan, creating 4,000 jobs
"GM calls it the 'single largest investment announcement in GM history,' saying the move will create 4,000 jobs and retain 1,000 others."
This Startup Produces Blocks out of Difficult-to-Recycle Plastics
"ByFusion now has a full production unit in L.A. that can tackle up to 450 tons of plastic per year. It is estimated that the firm has recycled 103 tons of plastic to date and has ambitions to recycle 100 million tons by 2030. To achieve this impressive goal, 12 more Blockers are expected to be installed soon across the United States."
Indian Billionaire Mukesh Ambani’s Reliance Industries To Invest $80 Billion In Renewable Energy Push
"Reliance Industries, a conglomerate controlled by Asia’s richest businessman, Mukesh Ambani, has signed an MoU with the government of Gujarat state to invest 5.9 trillion rupees ($80 billion) in green projects, according to a company announcement to the National Stock Exchange of India."
Exxon Pledges to Reduce Carbon Emissions From Operations to ‘Net Zero’
Christopher M. Matthews reports for The Wall Street Journal that Exxon is pledging to reach net-zero emissions by 2050. “With Exxon’s announcement, all of the largest Western oil companies have now made so-called net-zero commitments to reduce or offset greenhouse-gas emissions. BP PLC and Royal Dutch Shell PLC did so in 2020, and in time the largest U.S. oil...
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