"Companies pay a premium, sometimes 100 times more than basic credits, for the credits from Climeworks because there is more certainty they remove carbon from the atmosphere. The companies are also willing to pay more to help jump-start the industry, hoping that costs decline rapidly."
Renewable Natural Gas Projects Announced for South Dakota, Florida
"RNG, or biomethane, is biogas that has been upgraded for use in place of fossil natural gas, according to the U.S. Environmental Protection Agency. The biogas used to produce RNG comes from several sources, including landfills, along with digesters at wastewater treatment plants, livestock farms, food production facilities, and organic waste management operations."
A Canadian Startup Builds Nuclear Fusion Power Plant
General Fusion is on its way to make nuclear fusion commercially viable.
GM, Ford, Google partner to promote ‘virtual’ power plants
Valerie Volcovici of Reuters reports that GM, Ford, and Google will promote virtual power plants. “With permission from customers, they use advanced software to react to electricity shortages with such techniques as switching thousands of households’ batteries, like those in EVs, from charge to discharge mode or prompting electricity-using devices, such as water heaters, to...
A carbon capture process moves forward in New York City
John Caulfield of Building Design + Construction reports on a modular carbon capture technology that is moving forward in New York City. “It works this way: CarbonQuest’s proprietary technology captures CO2 from a building’s flue exhaust before it escapes as a greenhouse gas. Subsequent to this capture, the CO2 undergoes a multistage process that isolates carbon dioxide...
Five of the World’s Leading Small Modular Reactor Companies
While the SMR market is full of many innovative companies, here are five small modular reactor companies to look out for in 2023.
Parking Lot Power Is The New Big Thing
Solar carports are going to be an important contributor to reaching clean energy projections in the coming decades.
Samsung’s new washer captures microplastics from your dirty laundry
"One company certainly won’t solve plastic pollution, but luckily other folks are working on this problem, too. Third-party filters and washing bags are two ways to reduce the environmental cost of washing synthetic materials, yet they’re no substitute for buying less or even ditching plastic clothes altogether."
Chevron leads $318M investment round for carbon capture company Svante as sector booms
Lisa Stifler of GeekWire reports that Chevron has led a $318 million funding round for Svante. “Svante’s technology can also be used for ‘direct-air capture,’ which is pulling CO2 from the air that’s all around us — a trickier task than absorbing it from a concentrated source.” Read the full article here.
Green battery backed by billionaires Gates, Bezos and Branson plans factory to ‘reshape energy system’
"Recharge reported in 2020 that Minnesota-based utility Great River Energy was planning to build a 1MW/150MWh grid-connected demonstration storage plant using Form Energy’s secret battery technology – providing 1MW of output for 150 hours straight – as it closes all but one of its fossil-fuel power plants."
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