Poor countries must climb the economic ladder to flourish and protect themselves from climate change. This starts with access to reliable and affordable energy.
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Subsidies Won’t Fix the Energy Industry
"Energy subsidies are wasteful at best and cronyist at worst, and they don't even accomplish their stated aims. Policymakers should be removing the obstacles that keep creative entrepreneurs from developing cheaper alternatives, not giving specific products an unfair edge."
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Amazon Web Services plans to be water positive by 2030
"'It’s good for the environment, it’s good for the convenience of our customers, and it’s good for Amazon economics,' he added."
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How the Jones Act exacerbates the US diesel shortage
"Wood Mackenzie’s Williams argues that there is a better way the administration could help relieve the diesel shortage in New York Harbor and put downward pressure on prices. 'The quickest way to ease the situation would be to waive the Jones Act for a month or two,' he says. 'If we could move more barrels around the US by sea, that would make a real difference.'"
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South Korean firm to spend $3.2B in TN, create 1,000 jobs in what governor calls historic investment
"Shin said the factory is projected to produce 120,000 tons of cathode battery materials annually once fully operational, which is enough to power batteries in 1.2 million electric vehicles."
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Shell to Buy Biogas Producer in $2 Billion Deal
"Shell and BP are both looking to use their global oil-and-gas trading arms to reach existing customers willing to pay a premium for cleaner fuel, and to tap new markets as they invest in expanding the biogas businesses. Neither deal changes the dividend or buyback plans of Shell and BP, the companies have said, in a year of huge cash payouts to investors."
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Dream Homes and Disasters: Is the Government Ready to Confront Climate Risk?
Zak Colman of POLITICO explains how governments can more adequately confront climate risk. “FEMA is also weighing new regulations that would expand the federal floodplain, which could includeincreasing minimum requirements for elevating homes to reduce flood risk. Those rules could be a ‘game changer’ by requiring stricter building standards to reduce flood risk for hundreds...
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Enriched Ag discusses its $9m mega-seed round & how it could help ranchers rein in cattle emissions
"Founded in 2019, Enriched Ag wants to equip ranchers with both tools and insights to better manage grazing practices on their land as well as make decisions around carbon capture. Three different data insight products constitute the Enriched Ag platform: one for grazing, another for carbon and a third for supply chain."
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Peter Thiel’s VC fund backs TreeCard, a fintech that plants trees when you spend
"The deal underscores increased interest by VC investors in companies addressing climate change. Funding for climate tech startups hit a record $111 billion in 2021, according to a report from U.K. startup network Tech Nation."
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Siemens Power CEO Confirms the Iron Law of Power Density
"Now back to Bruch. He told CNBC that there is 'still a way to go' in the maturation of the wind industry and that there are problems with distributing 'risk along the supply chain in a world which is much more volatile, much more difficult, much more multilateral than before.' He continued, saying “if we don’t resolve it as an industry, we are missing a substantial part of the energy transition, and we’ll fail with the energy transition.”
