"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."
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."
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."
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."
Solar-Panel Shortage Snarls U.S. Green-Energy Plans
"The disruptions have pummeled solar deployment in the U.S., where domestic manufacturers are few and imports, largely from Chinese and other Asian makers, account for more than 80% of all panels used. An estimated 23 gigawatts’ worth of big solar projects have been delayed so far this year—almost twice as much as was installed in all of 2021 and approaching a third of all such projects in development, according to the American Clean Power Association, an industry group."
Seaweed Could Change Packaging As We Know It
Seaweed is poised to become the next environmentally friendly way to package food.
Exxon, Japan’s Mitsubishi Heavy tie-up in carbon capture technology
"CCS technology has been used for years, often to enhance oil well production rates, but rising carbon prices in regions such as Europe have lifted hopes it might take off as a stand-alone business in the future."
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."
Three Energy Technologies Republicans Can Advance in the Next Congress
Through reforms that empower the market to drive energy investment and innovation, energy companies will deliver affordable, reliable power to consumers while continuing to lead the world in emissions reductions.
Clean Energy Company Sets Sights on Houston Expansion
"While Houston is synonymous with the oil and gas industry, the city has recently been gaining a competitive advantage in numerous renewable energy industry sectors due to the high concentration of energy expertise and experience among its residents."