"The key is to drive down the green premium and make green product prices competitive against fossil-based product prices – and that’s going to require more than just government subsidies. Financing these projects requires thinking beyond the traditional market to overcome the investment risks involved. It’s going to require the public and private sector working together to deploy these projects."
"The reactor system employs a seamless process wherein more than 200,000 fuel pebbles are gravity-fed and continuously rotated through the core. The innovative fuel cycle enables uninterrupted operation for up to 60 years, according to X-energy. Helium circulates within the core, absorbing immense quantities of heat without becoming radioactive. This superheated helium is then employed to convert water into steam, subsequently propelling a turbine to generate a constant supply of carbon-free electricity."
"If the project succeeds, a second pipeline — called Aramis and already backed by Shell and Total — is planned in Rotterdam to a gasfield that could store more than 10 times as much CO₂. In the UK, 14 companies won 21 licences last September to use depleted North Sea fields with the potential to store up to 10 per cent of the UK’s annual CO₂ emissions."
"The company attributed the emissions spike to an increase in data center energy consumption and supply chain emissions driven by rapid advancements in and demand for artificial intelligence. The report noted that the company’s total data center electricity consumption grew 17% in 2023."
"Our energy resources provide America with an incredible strategic advantage. Through innovation and the strength of our workers, the United States has once again become the world’s No. 1 producer of oil, natural gas and renewables in the world."
"Incumbents are rushing to develop the technology for the grid, and several startups are betting big on it, too. Natron, an American firm backed by Chevron, an oil giant, is investing $1.4bn to build a sodium-ion battery factory in North Carolina, which is scheduled to open in 2027. Landon Mossburg, the chief executive of Peak Energy, another sodium-ion startup, says he wants his firm to be 'the CATL of America.'"
"Utilities that have bought into the SMR promise say that relying on renewables and storage technology alone isn’t enough to reach goals to slash carbon emissions within the next couple of decades."
"America, and the world’s, best hope is to reject the advice of central planners and regulatory minders, and to fully embrace the proven principles of economic freedom that lead to innovation. Creativity, not coercion, is the best way to protect our natural and economic environment."
"In 2020, prior to the new inclusionary zoning provision, 756 residential units were put on the planning books. In the roughly one year since passing the provision in November 2020, only 139 units had been put on the books — a decrease of 81.6%, according to a study by the Boulos Co."
"If we start with the things that we already have some bipartisan agreement on - and by the way, a couple of those things are in the BBB, in the Build Back Better climate package. And they include carbon capture utilization and storage, bringing back more of nuclear power into the United States. Yeah. I'm always going to be interested in being at the table until it gets ridiculous."
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