Deep geothermal is safe and secure, making it the solution for clean baseload power. Legislative support, exemplified by recent rare bipartisan legislation for geothermal energy and investment, is a strong barometer for the future of this limitless green energy that has the operations and technological prowess to deliver. Watch for 2024 to be the year geothermal moves past promise and into a leading role for global power.
Big carbon? Oil majors turn to nature to help plug revenue gap
“Shell plans to spend $100 million on average over the next year or two on nature-based carbon offsets and van Bergen expects emissions cuts from nature-based solutions or carbon sinks will be ‘material’ by 2030 or 2035.”
Google Goes All In on Carbon Dioxide Removal
Google’s recent investment is a welcome step that could help improve the validity of both CDR technologies and carbon credits.
Mercedes-Benz’s EV Expansion Will Include Two Models To Be Built In Alabama
George Gardner on Forbes reports that Mercedes-Benz is launching an electric vehicle expansion.
Wind Power Overtakes Coal In Texas For The First Time Ever
“In 2020, for the first time ever, wind power overtook coal in the state’s overall energy mix, 'the latest sign of renewable energy’s rising prominence in America’s fossil fuel heartland' according to reporting by the Financial Times this week.”
Climate Negotiations with Beijing Won’t Come without Significant Concessions
"Kerry can’t simply wave away the concerns that climate negotiations with Beijing will require U.S. concessions in other, unrelated areas if the Chinese government publicly demands such concessions with regard to 'interference in China’s internal affairs' (which is to say human rights)."
Flood-prone homeowners could see major rate hikes in FEMA flood insurance changes, new study finds
"[I]naccurate pricing has left the NFIP in the red. Its coffers were wiped out by Hurricane Katrina in 2005. The program suffered additional hits from hurricanes Sandy, Harvey and Irma. Congress bailed out the program in 2017 with $16 billion in debt relief, leaving the ultimate cost of those storms on the backs of the American taxpayer."
Colorado Oil & Gas Taunts The North Face At Mock Award Ceremony
"'[A]s we’ve seen in recent weeks across the country that is hugely important part of what our industry – supplying affordable and efficient clean-burning natural gas to heat our homes and help power our grid – but we often forget just how many other things we have and enjoy in the 21st Century that are made possible because of oil and natural gas.'"
U.S. energy policy must be all-of-the-above
"Alaska has and continues to be a shining example of responsible resource and energy development – where conservation and development have been proven to live in harmony; where stewardship of our lands, resources and environment is not falsely defined as mutually exclusive. But now, as a cornerstone of our vulnerable economy comes under attack, we must prepare for a tough road ahead."
America deserves a pro-jobs climate plan
"Our energy resources provide America with an incredible strategic advantage. Through innovation and the strength of our workers, the United States has once again become the world’s No. 1 producer of oil, natural gas and renewables in the world."
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