"While many climate activists appear to distrust the market in favor of governmental intervention, the market is the most effective tool we have to affect economic transitions, and we need to rely upon the private sector and, specifically, private capital to drive decarbonization in a deliberate and effective manner."
GE eyes 100% hydrogen-fuelled power plants by 2030
Frédéric Simon of Euractiv reports that GE will use 100% clean hydrogen fuel to power its plants by 2030. “‘Today, we have a 50% hydrogen capability for combustion in our largest baseload gas turbines’ used for power generation, said Martin O’Neill, vice president at GE Gas Power.” Read the full article here.
Inside Google’s “moonshot goal” to rely on carbon-free energy by 2030
"At its virtual I/O event Tuesday, Google announced that its climate intelligence computing platform will be able to shift tasks between data centers to maximize the use of renewable energy."
The American supply chain is alive and well!
"At Eos, we’ve been doing this for years, from bringing resilience to the California power grid during last summer’s wildfires to supplying power to remote communities in Nigeria. Our batteries are powered by zinc, a widely available and conflict-free commodity. From there, we take a less-is-more approach—our product is non-flammable, non-toxic, fully recyclable after its life, and efficient in that it can operate in a wide voltage and temperature range."
Recycled Materials ‘Not Good Enough’ Says Startup Whose Synthetic Tights ‘Fully Biodegrade In Landfill’
"In weighing up recycling versus landfill for plastic waste (including synthetic fibers) it is useful to know that less than 10% of all plastic produced since 1950 has been recycled, with 79% in landfills or the natural environment (the remainder is incinerated, releasing CO2 and other hazardous additives into the atmosphere). Plastic recycling is complex and expensive, and the recycled material can be more expensive (and sometimes of lower quality) than the virgin equivalent."
Kneecapping the Oil Industry Won’t Help the Economy or the Environment
"Yes, we only have one earth, and we need to protect it. But we need to be realistic about the solutions to these complicated questions. Is eliminating thousands of jobs and billions of dollars of domestic production for a symbolic victory that only empowers foreign polluters really a good direction for public policy?"
Capitalism’s Not-So-Dirty Secret
"But if we are going to meet these challenges, we need to be smart about using the best tools for the job. And as another Earth Day comes and goes, markets continue to have the potential to be a major force for environmental good."
Economic Freedom Is Great for the Planet
"By becoming champions of climate realism conservatives won’t be ceding ground but will instead seize the high ground. Science, math and history tell us that economic freedom is beneficial for people—and the planet."
Cisco commits $100 million to fight climate change
"Cisco is the latest tech giant to announce a big environmental push. The networking company said today that its foundation will invest $100 million over the next decade to fund projects that reduce carbon emissions as well as community awareness efforts."
Shell, Exxon Look to Profit From Capturing Customers’ Carbon Emissions
"Energy giants such as Exxon Mobil Corp. and Royal Dutch Shell are pushing carbon capture and storage—where carbon is gathered and buried underground—as part of a drive to reduce both their own and their customers’ emissions. Executives say the service could become a new source of income when the industry is grappling with how to adapt to a lower-carbon economy."