"Higher equipment costs partially undo a yearslong downswing in prices that expedited the shift toward renewable sources of energy. They mean the trillions of dollars investors, banks and other companies have lined up to reduce the rise in global temperatures won’t go as far."

"Sustaera plans to build a unit in 2027 that can remove 1 million tons a year, requiring about 100 acres of land. The company should then be able to target a capture price of $78 per ton, Agarwal said."

Felicia Jackson of Forbes writes on venture capital funding for climate technologies. “PwC released its State of Climate Tech Report 2021 reporting that $87.5 billion was invested in climate tech in the year leading up to June 30. That’s a year on year increase of 210% on the $24.8 billion that was invested in climate tech in...

"Benchmark European gas prices are more than seven times as high as a year ago  at 127.77 euros ($144) a megawatt-hour, having jumped by more than a quarter over the past week. In a sign that traders expect the shortfall to last for months, prices for contracts that expire deep into 2022 have shot up alongside those that require imminent delivery of gas.Futures curve for natural gas in Europe at different dates."

Chris Helman of Forbes writes about EQT, a company that is using fracking to address climate change. >>>READ: Russian Natural Gas is an Environmental Disaster <<< “Many environmentalists, and a significant number of politicians, would like to put frackers out of business. Look at the numbers, the Rices retort: The shale gas revolution is the...

Reuters reports that Shell has bought U.S.-based Savion to increase its solar power push. >>>Read More on Private Sector Innovation<<< “The oil major did not disclose the value of the deal, but said the acquisition adds on to its previous investment in U.S. solar power operator Silicon Ranch, with Savion’s more than 18 gigawatts of solar power...

"The $169,000 Lucid Air Dream, while financially out of reach for most people, has an unprecedented 520-mile driving range — efficiency that can be carried over to lower-priced models."

Faisal Islam of BBC News writes on the economic rise of China. >>>READ: Appeasing China is The Wrong Way to Fight Climate Change<<< “So, 20 years on – the world transformed by a little-noticed decision. It’s been a huge success for China. The intended geopolitical strategy of the West failed. Indeed, rather than China becoming...

"GM is finalizing plans for two electric-vehicle projects in Michigan. One would convert its Orion Assembly plant in suburban Detroit to serve as its hub for production of electric pickup trucks, the people with knowledge of the plans said. The renovation would cost at least $2 billion and would be expected to create more than 1,500 jobs at the factory, which today is lightly used, the people said."