"Helion is racing to deliver on that breakthrough. The company has raised $612 million in venture capital, with the promise of $1.8 billion of additional funding getting unlocked if deadlines are met. It has also received $8.97 million in federal grants."
"NET Power’s patented process consists of burning natural gas along with oxygen to create heat and a mixture of pure CO2 and water that spins a turbine and creates power. Some of the CO2 is reused in the system and the rest is sequestered underground—which means that a plant using the technology will emit virtually no CO2, according to the company."
"The new facility will store excess electrical energy during production and distribute it to customers when needed. The project will reduce strain on the grid and regulate power generation in sync with fluctuating demand, the company said."
"TerraPower’s design has another unique feature. Most reactors can’t easily adjust their power output, making it hard to mesh with fluctuating wind and solar farms. TerraPower’s reactor will have a molten salt battery that allows the plant to ramp up or down as needed."
"Porter said the insurance industry is hurting in part because of inflation's impacts to construction costs. With climate change altering the frequency and severity of extreme precipitation that leads to flooding, inflation can make repairs more costly."
InnerPlant’s revolutionary sensing solution can help farmers reduce their pesticide usage and grow more food to feed American families, a win-win for the environment and agriculture alike.
These four bills will help to increase American competitiveness, accelerate innovation, and benefit the lives of consumers, businesses, and farmers.
Making immediate expensing a permanent fixture of the tax code would provide businesses with the confidence and stability needed to undertake ambitious, forward-thinking R&D projects and investments in more energy efficient equipment.
"While labour is cheap, developers face technical hurdles. Unlike in China, many Western companies are still perfecting the complex processes for producing rare earth metals, a costly challenge that has stalled projects for years."
"'Shielding automakers from competition and stopping consumers from accessing affordable EVs today is not going to help them meet their climate goals, nor will it help their domestic industries,' Aleksandra O’Donovan, who leads BloombergNEF’s Electrified Transport research team, said in an interview. 'At the moment, it feels as though the decarbonization targets might not be the priority.'"
