Royal Dutch Shell (RDSa.L) said on Tuesday it plans to build a large-scale carbon capture and storage (CCS) project near Edmonton, Alberta, joining a number of other companies proposing clean energy initiatives in Canada's main oil-producing province
"Not all the news is gloomy: Ember found that wind generated 26% more electricity in the first half of the year than in the pre-pandemic period to produce 7.6% of electricity worldwide, while solar rose a huge 46% to generate 4.1% of the total."
“'Turquoise' hydrogen presents an interesting opportunity because it introduces a carbon-to-value proposition that can improve the commercial viability of the technology. In particular, the solid carbon that is recovered during hydrogen production via pyrolysis can be used in existing applications that involve carbon black, graphite, carbon fiber, carbon nanotubes (CNTs), graphene and other derivatives. Moreover, it can be applied in various applications, ranging from new advanced carbon materials to soil amendments, across different economic sectors, such as construction, transportation, and agriculture."
"Carbon capture is an important technology that can significantly reduce emissions from energy, transportation, and industrial manufacturing. Carbon capture reduces these emissions by either capturing carbon at the source (i.e. when polluting activities take place) or pulling it directly from the open atmosphere to reduce our overall footprint.
"The countries have long pushed for nuclear to be included as a means of achieving the bloc's climate goals, although the recent spike in energy costs, especially for gas, have added weight to the debate with the region heavily reliant on Russian imports."
"First, the sums involved aren’t that large when properly scaled. As Mr. Moynihan says more than once: 'It’s not that much money.' Second, while government action is key, the private sector through its own commitments to net zero can create the revenue streams needed to mobilize capital."
"Mangrove Lithium, a Vancouver based company, has developed a breakthrough platform for the most cost-effective production of battery grade lithium hydroxide and carbonate from diverse input streams and assets. Mangrove’s modular solution can be scaled to any capacity and co-located with upstream lithium producers or cathode and cell manufacturers."
"BattGenie is a University of Washington spinoff that has developed software to goose the performance of lithium batteries that power electrical vehicles, consumer devices and other electronics. The software helps optimize fast recharging while extending the life of batteries."
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.
Jeremy Beaman of The Washington Examiner recounts some of the biggest green energy projects of 2021. “Proponents of ‘green’ energy have good reason to be optimistic as they look back on 2021, a year that saw major new project announcements and billions of dollars in support pledged for carbon-free energy.” Read the full article here.
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