"In the past, oil-and-gas entrepreneurs who closed one drilling venture often started another. Today, money has gotten tight for many new fossil-fuel projects in the U.S. as the productivity of wells wanes and climate-conscious investors shy away, industry executives say. Although many big fossil-fuel companies are spending billions on acquisitions to increase production, the amount of money private investors are committing to funds that invest in oil-and gas-related assets has roughly halved so far this year versus a recent peak of $102 billion in 2016, according to investment data tracker Preqin."
Food producers turn to greener fertilisers to reduce carbon footprints
"Tesco, the UK’s largest food retailer, is also working with low-carbon fertiliser manufacturers, including several start-ups such as CCm. The retailer recently said that after initial field trials produced vegetables including lettuces, carrots and potatoes with a 50 per cent reduction in emissions levels, from 2024 it would increase the trial area tenfold to 13,000 hectares."
Report finds Texas methane emissions hit record low in 2022
"'The Permian Basin’s success in reaching some of the lowest methane intensity rates in the world exemplifies the region’s commitment to environmental stewardship. We will continue to proactively work to minimize oil and gas development’s environmental impact—all while producing affordable, abundant, and reliable energy,' Longanecker concluded."
For More Innovation, Unleash More Economic Freedom
Accelerating and streamlining innovation globally will be best accomplished by turning away from protectionism and unleashing policies rooted in economic freedom.
Economic Freedom: A Catalyst for Global Access to Safe Drinking Water
Economic freedom can help countries increase water access and improve lives around the world.
An Electrifying Improvement in Copper Conductivity
"When the research team added 18 parts per million of graphene to electrical-grade copper, the temperature coefficient of resistance decreased by 11 percent without decreasing electrical conductivity at room temperature. This is relevant for the manufacturing of electric vehicle motors, where an 11 percent increase in electrical conductivity of copper wire winding translates into 1 percent gain in motor efficiency."
Japan allows world’s biggest nuclear plant to restart
"The Japanese Nuclear Regulatory Authority (NRA) said TEPCO's preparedness had improved and decided to lift the de facto ban. The body has carried out more than 4,000 hours of inspection of its facilities."
Can this Green Aviation Startup Deliver Truly Clean Flying?
ZeroAvia is aiming to create greener, cleaner skies.
How global trade could fragment after the EU’s tax on ‘dirty’ imports
"Adolfo Aiello, deputy director-general at Eurofer, says European steelmakers could face competition on multiple fronts: not just from 'cheaper dirty steel' but also 'greener steel from third countries.' The risk, he adds, is that the EU becomes 'a demand centre for green steel' with dirty steel being diverted elsewhere. The result, he says, 'would be a net negative impact on the climate.'"
How technology and artificial intelligence are bolstering the battle against wildfires
"Other firetech startups include Overstory, which is using AI to work with utility companies to analyse satellite data and identify wildfire risk from vegetation growing near power lines. California-based Rain is working with fire agencies to use autonomous drones that use sensors to identify fires before they rage out of control. Software and thermal cameras also allow them to fight the fires from the air."