Getting climate, energy & environment news right.

Actor Matt Damon Scales Up Clean Water Venture With $200 Million Climate Infrastructure Plan
Post

Actor Matt Damon Scales Up Clean Water Venture With $200 Million Climate Infrastructure Plan

"To date, WaterEquity and Water.org have reached 58 million people through its small loan programs, which are paid back at a rate of 98%, according to the founders. White said they are targeting returns of 6-8% on the $150 million they raised in an oversubscribed fund last year, and then 10-12% for this latest infrastructure fund. The main populations they serve are India, Indonesia, Cambodia, the Philippines and Kenya, where the WaterEquity founders say women are disproportionately impacted by issues of clean water scarcity."

Could carbon credits be Africa’s next big export?
Post

Could carbon credits be Africa’s next big export?

"KOKO hints at why there is excitement about carbon markets. The African Carbon Markets Initiative (ACMI), a UN-backed consortium, reckons that Africa uses just 2% of its annual carbon-credit potential; it aims for Africa to sell $100bn worth of credits a year by 2050. Even a fraction of that would be a boon for a continent where annual foreign direct investment has never surpassed $80bn. William Ruto, Kenya’s president, calls carbon credits an “unparalleled economic gold mine” and his country’s “next significant export”. Yet, as is often the case with Africa and its natural resources, things could go wrong."

Clean hydrogen is driving the next Gulf Coast energy boom
Post

Clean hydrogen is driving the next Gulf Coast energy boom

"Over in southern Mississippi, Hy Stor’s vision operates on a similarly grand scale. The company, with just a dozen full-time employees, has acquired rights to nearly 70,000 acres across several counties in a state with almost no renewable power installed today. In just the first phase, Hy Stor will add around 2.7 gigawatts of electrolyzers, powered by twice that capacity of onshore wind, solar and geothermal. This off-grid design ensures that the hydrogen will be clean, a commitment that attracts customers who are serious about decarbonization, CEO Laura Luce told me."

Vogtle Unit 4 Achieves Commercial Operation, Now Largest Nuclear Power Plant in the U.S.
Post

Vogtle Unit 4 Achieves Commercial Operation, Now Largest Nuclear Power Plant in the U.S.

"Georgia Power said nuclear energy provided more than 25% of its generation in 2023, which comes not only from Plant Vogtle, but also from Plant Hatch in Baxley, Georgia. The company said Plant Vogtle has provided 'billions of dollars of positive economic impact for Georgia and local communities.' In addition to 800 permanent jobs created by the new units, the site employed more than 9,000 onsite jobs at the peak of construction including engineers, welders, electricians, pipefitters, plumbers, and many more."

Texas Grid Chief Says Big Tech Must Pay More for Power Upgrades
Post

Texas Grid Chief Says Big Tech Must Pay More for Power Upgrades

Technology giants developing big artificial intelligence data centers in Texas will need to pay more for electricity infrastructure upgrades to prevent those costs from burdening households and other businesses, according to the state grid operator’s chief. Affordable power is “at the core” of the conversation that the Electric Reliability Council of Texas, the grid operator,...

Copyright © 2020 Conservative Coalition for Climate Solutions

Subscribe to our exclusive email designed for conservatives who care about climate.

Help us promote free market solutions for climate change.

5 Incredible Ways Economic Freedom Helps the Planet.

Sign up for our newsletter now to get the full list right in your inbox.

Thank you for signing up

Help us promote sensible solutions for both planet and prosperity.

Download Now