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...
Energy giant Shell to acquire U.S.-based Savion in solar power push
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...
Lucid Motors CEO sees $25,000 electric cars in 4 years
"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."
How the West invited China to eat its lunch
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...
Blue Forest is Reinventing How Reforestation Gets Financed
The Yuba Project provides just one example of how Blue Forest’s innovative financing mechanisms will be put to work. Public-private partnerships are an important part of conservation. Now, with a new financing door thrown open and ushering in the future, more private citizens will be able to put their money into investments that directly help the environment.
GM Plans More Than $3 Billion for Electric-Vehicle Projects in Michigan
"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."
Wind developer joins $3B transmission project poised to be ‘backbone’ for Western power markets
"Despite its potential benefits, the TransWest project, under development for about 18 years, also shows how hard it is to build interstate power lines in the West."
Jeff Bezos climate fund gives millions to energy efficiency start-up BlocPower
"In November, BlocPower began working with the city of Ithaca, New York, as it became the first U.S. municipality to begin operation on a 100% decarbonization plan, and with the first phase focused on the electricity usage of 1,000 residential buildings and 600 commercial buildings."
Amazon announces 18 new solar projects worldwide, with eight in U.S.
Eight of the 18 new projects are in the United States, totaling more than 1 GW of utility-scale solar energy. These include Amazon’s first solar projects in Arizona and Georgia and additional projects in Ohio, Texas, and Virginia. The 300-megawatt (MW) Arizona solar project is paired with 150-MW battery energy storage, enabling the company to align solar generation with periods of the greatest demand, even when the sun is not shining."
Research Finds U.S. Shouldn’t Imitate Japan’s Industrial Policy
Stuart Anderson writes in Forbes on new research about Japan’s industrial policy. “Beason found that Japanese industrial policy did not favor ‘rapidly growing sectors’ and gave a great deal of support to business sectors that did not grow much at all. To conduct the research, Beason examined four measures of industrial policy used by the...