"The problem is, natural gas bans are unlikely to work that way, and in the meantime, they restrict consumer choices and jeopardize the innovation that has led the U.S. to cleaner, safer technologies. Prioritizing climate change considerations over all else will serve only to stop consumers from using the type of energy that works best for their situations."
$14 Billion Deal to Create Mega-Pipeline Company
"The proposed tie-up would be by far the biggest U.S. energy deal announced so far this year. Some analysts have said the U.S. oil-and-gas sector is ripe for major corporate transactions this year, after energy prices surged last year and left companies with a large windfall of cash. In Oneok’s case, much of the cash portion would be financed through a debt offering, it said."
How Tech Innovation Is Helping Individuals Clean Up Their Carbon Footprint
Technology is empowering consumers to make their own choices to reduce their carbon footprint.
House overwhelmingly supports satellite-driven precision agriculture
"The bill is on its way to the Senate. If it passes and is eventually signed into law by President Joe Biden, the FCC will have 15 months to investigate and present a plan to Congress with ways to improve satellite technology and enable greater access for farmers."
Latest Appliance Energy-Efficiency Mandate Equals Fewer Consumer Choices, Dirtier Dishes
"The proposed mandate would slash the limit on water use from 5 gallons of water per cycle down to 3.2 gallons per cycle, while simultaneously reducing the appliance’s energy consumption by nearly 30%. This will have real-world effects on performance."
Fueling a Better Future
Let’s keep investing in a mix of energy sources, and we’ll find that the sky is the limit.
Italy’s Enel to invest more than $1 bln in Oklahoma solar panel factory
Nichola Groom of Reuters reports that Enel is investing more than $1 billion into building a solar panel factory in Oklahoma. “Enel’s U.S. manufacturing arm, 3Sun USA LLC, selected the 300-acre site in Oklahoma because it has water and power utilities and a workforce in the region that can immediately support its large factory.” Read...
Climate tech startup led by former Nike sustainability leader raises cash
"In the Pacific Northwest alone, there are multiple startups in the field. Muir AI, Earth Finance, Scope 5, and Carbon Direct focus on carbon accounting and reductions strategies, and some additional services. LevelTen Energy and Ever.green aid companies in forging contracts with clean energy producers."
Exxon Joins Hunt for Lithium in Bet on EV Boom
"Lithium production would also diversify Exxon’s portfolio and expose it to a rapidly growing market. The company is positioning other parts of its business to accommodate electric vehicles. Exxon executives have said many of its chemical products supply EV manufacturers, whose cars are made with plastics and other petroleum products."
An American Oil Hub Is Pivoting to Offshore Wind
"The number of active projects show that the Gulf's offshore expertise, earned through decades of oil and gas operations, translates well to supporting wind farms currently under construction. Out of about 1,200 contracts signed by US companies for offshore needs like survey work, electric substations and cables, companies in the Gulf and the South have scored 23% of the total, according to a tally kept by the industry group Business Network for Offshore Wind."