Getting climate, energy & environment news right.

Fossil Fuels Can Coexist With Climate Goals
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Fossil Fuels Can Coexist With Climate Goals

Renewables, batteries, and nuclear power will play an increasingly important role in the world’s energy mix, and there are ways policymakers can increase clean energy capacity by reforming the permitting process and unleashing the private sector to invest in domestic supply chains for uranium and critical minerals. But assuming fossil fuels will disappear without significant cost to human welfare is devoid of reality.

Houston firm closes oversubscribed $450M fund for clean energy innovation
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Houston firm closes oversubscribed $450M fund for clean energy innovation

Houston-based private equity firm Pelican Energy Partners has raised a $450 million fund to invest in nuclear energy services and equipment companies. Pelican had aimed to raise $300 million for Pelican Energy Partners Base Zero LP and had imposed an initial “hard cap” of $400 million. Investors include endowments, foundations, family offices, and pension plans....

Reactor developed at Rice could make direct air capture more energy efficient
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Reactor developed at Rice could make direct air capture more energy efficient

Rice University researchers have developed an electrochemical reactor that has the potential to drastically reduce energy consumption for direct air capture, the removal of carbon dioxide directly from the atmosphere. The new reactor design could be a part of the solution to the pressing problem of emission impacts on the climate and biosphere by enabling...

Last Energy nabs $40M to realize vision of super-small nuclear reactors
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Last Energy nabs $40M to realize vision of super-small nuclear reactors

"The startup aims to eventually deploy thousands of its modular microreactors, though to date it has not brought any online. The first reactor might appear in Europe as soon as 2026, assuming Last Energy manages to meet its extremely aggressive construction, financial, and regulatory timelines — not a common occurrence in the nuclear industry. Venture capital heavyweight Gigafund led the round, which closed early this year but was revealed only today. The startup has raised a total of $64 million since its 2019 founding."

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