"Owners of 11 existing geothermal plants around the lake’s southern shores are retooling for lithium and possibly other brine minerals instead of building from scratch. Warren Buffett’s Berkshire Hathaway Energy Co. has state and federal grants for lithium demonstration projects and says it could begin construction for commercial operations in 2024."
"With RegenConnect, Cargill has effectively decided to create its own branded marketplace instead of partnering with an outside firm. It remains to be seen whether other large food companies active on sustainability, such as Danone and General Mills, will follow Cargill’s lead and create their own marketplaces."
Our world needs forests. Humans need trees for our very survival. Forest restoration is a critical goal that needs innovative solutions. Thankfully, technology is bringing the innovative roadmaps we need.
Citi announces on BusinessWire that they have partnered with Breakthrough Energy Catalyst to accelerate the clean energy transition with a $100 million commitment. “This commitment to Catalyst brings the Citi Impact Fund’s total resources to $250 million and represents the Fund’s first major investment in a sustainability-focused fund, enabling Citi to continue making equity investments...
"To make matters worse, the slow recovery of oil production in the U.S. has allowed two loathsome regimes, one that chops up journalists and another that poisons dissidents, to effectively set the current world price of petroleum. However, the pricing power wielded by OPEC+ may not last too much longer since the good news is that the number of oil rigs drilling in the U.S. is rising and reached 563 this past week."
"Graphic says green investing has opened up a market worth more than $6 billion a year for replacing plastic with paper on store shelves, even if that might result in consumers seeing slightly higher prices."
"Policy decisions will not be uniform, and the path of the energy transition will undoubtedly be bumpy with fits and starts along the way. Coming out of COP26, policymakers pledged to strengthen 2030 emissions targets by the end of 2022 rather than waiting for the formal 'stock taking' process, but a greater focus on reducing methane leakage is likely an indication that governments are growing skeptical that fossil fuels can be displaced quickly. Additionally, midterm elections in the US could derail the Biden Administration’s environmental agenda, proving all politics, even international environmental politics, are local."
Families and businesses want affordable, dependable power; however, improving the reliability of the grid in response to Texas’s winter storm should effectively correct for any specific problems rather than unnecessarily overhauling the entire market structure.
The U.S. can no longer continue to neglect its compounding infrastructure and clean-energy needs. We aren’t going to regulate our way to a thriving low-carbon economy and a more stable climate. America needs to get back to building again."
"'We are a company that has a real long history in frankly, manipulating hydrocarbon molecules to make products that the world needs,' Woods said at the CERAWeek by S&P Global conference."
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