"Reliance Industries, a conglomerate controlled by Asia’s richest businessman, Mukesh Ambani, has signed an MoU with the government of Gujarat state to invest 5.9 trillion rupees ($80 billion) in green projects, according to a company announcement to the National Stock Exchange of India."
Removing domestic and global barriers to innovation, investment and deployment would really make 2022 the year of climate action.
"ZeroAvia, which launched in 2017, has R&D sites in Hollister, Calif. and Cotswold Airport in the United Kingdom. It conducted its first commercial-scale electric- and hydrogen-powered flight tests in 2020 in England with a six-passenger plane. In the coming weeks, Miftakhov said the company will be testing a 20-seat plane in the U.K., and later in California."
California and Germany have both made climate change a public policy priority. To reach their climate goals, they should embrace nuclear energy.
Lisa Stiffler writes on GeekWire about an innovative energy efficiency startup. >>>READ: Gates-backed Fund Invests in Carbon Capture Startup<<< “Modern Electron has developed a heat-to-electricity converter that can generate power from sources including natural gas, biogas and green hydrogen. Its devices are paired with home furnaces and hot water tanks, capturing the appliances’ wasted heat...
Jeremy Beaman of The Washington Examiner recounts some of the biggest green energy projects of 2021. “Proponents of ‘green’ energy have good reason to be optimistic as they look back on 2021, a year that saw major new project announcements and billions of dollars in support pledged for carbon-free energy.” Read the full article here.
Shravan Bhat writes in GreenBiz about private financial institutions that are stepping in to decarbonize steel. >>>Nucor Launches Carbon Free Steel<<< “Though the net-zero transition will not be easy for the steel finance community, it is an exciting time. Steelmakers are innovating to build and finance the next generation of steel plants. Whether it’s SSAB’s green...
"[Amogy] co-founder and CEO Seonghoon Woo told Axios its mission is to use energy-dense liquid ammonia for producing zero-emissions vessels, as marine shipping is one of the hardest sectors to convert from fossil fuels."
Jennifer Hiller of The Wall Street Journal reports on a nuclear fusion startup. “Nuclear fusion has long been the holy grail of the energy world. Fusion is the process of generating energy by melding atoms. Current nuclear power plants create energy through nuclear fission, or splitting atoms. Fusion has the potential to create nearly limitless energy...
"Intensity doesn't measure total greenhouse gas emissions, but Exxon expects the combined targets to reduce absolute emissions by roughly 20%."
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