"BP highlighted that it has paid four times the forecast 2027 Ebitda, but the valuation amounts to around 28 times Archaea’s 2022 figure. While that is aggressive, BP isn’t alone in expecting big growth in biofuels. Montauk Renewables, another U.S.-listed pure play, trades at an enterprise value of 22.5 times Ebitda."
"Electra is planning to complete the build of its first iron ore refining pilot plant at its headquarters in Colorado next year, as it pushes forward with its broader aim to have its first commercial-scale plant up and running before the end of the decade. The firm said it is also aiming to forge additional partnerships across the entire steel value chain in order to accelerate the transition to green steel."
"To address climate change, we need a rational, realistic approach that prioritizes both people and planet, one that recognizes the human life inhabiting our world is what makes it special and worth protecting. We need an all-hands-on-deck approach that values action over rhetoric. We need a climate commitment .
"If you claim credit when gasoline prices go down, you should expect blame when they go back up. In reality, the president doesn’t have much to do with either, but the White House has chosen to tie its political fortune to the price of gasoline — let them enjoy the ride."
In a new report Phillip Rossetti of R Street and Nick Loris of C3 Solutions explore the role that CDR can play in reducing emissions and addressing climate change.
"The answer should be obvious and maintaining a steady supply of U.S. crude oil exports is one of the most effective ways of bolstering our national security and supporting global stability."
"'If successful, such a dry-farmed vineyard would provide numerous benefits, including increased erosion control with a vineyard that would develop the deep and extensive root growth required to reach water sources in the ground; a substantial protective fire-break guarding the Property's, and neighboring properties' structures; a more beautiful view when compared to the barren, burned-out landscape left behind by the Glass Fire; and potentially an economically productive use of the land,' the suit details."
"The future of conservation will inevitably center on private and working lands, which are essential to the survival of both people and wildlife. Success will depend on the kind of cooperation and win-win solutions shown by the agreement between USDA and Wyoming this week."
"The startup uses software to custom-deploy the basalt rock based on variables such as soil chemistry and crop nutrition. The software also measures carbon removal volume."
"LanzaJet's Freedom Pines Fuels project will be the company's first commercial-scale SAF plant. It will also be the first plant in the world to make alcohol-to-jet SAF, which it is hoped could reduce greenhouse gas emissions by at least 70% compared to fossil jet fuel. The project is set to be finished in 2023."
