The chlorine atoms then steal hydrogen atoms from methane to make hydrochloric acid (HCl), which can be captured and recycled. The methane atoms decompose into carbon dioxide (CO2), carbon monoxide (CO), and hydrogen (H2), the same way it is processed naturally but at a rate that's roughly 100 million times faster in the reaction chamber."
"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."
"'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."
Accelerating and streamlining innovation globally will be best accomplished by turning away from protectionism and unleashing policies rooted in economic freedom.
Economic freedom can help countries increase water access and improve lives around the world.
"Exaum’s innovation balances the production and consumption of electricity along the power grid, an issue for generators and customers as more intermittent renewable energy is deployed. The technology allows the transmission system operator to adjust and control electricity consumption in the grid, while ensuring that sudden changes in production do not cause blackouts or grid imbalance. It can direct and channel excess power production to areas where it’s needed, such as industrial heating—an area of need in Finland."
ZeroAvia is aiming to create greener, cleaner skies.
"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."
"The tankers of cheap gas loaded along the Gulf Coast aren’t allowed to deliver to Everett or anywhere else in the U.S. due to the Jones Act, a 1920 law meant to preserve the domestic shipbuilding industry that restricts domestic shipping routes to U.S.-built and American-crewed vessels."
"Eidelson emphasizes that while Stepchange is driven by what he sees as a moral imperative — working as fast and aggressively as possible to slash carbon from every sector of the economy — he also expects it to succeed financially."
