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? Blackrock’s $550M DAC bet #174

Climate Tech VC

Happy Monday!    Today, we're going DAC to the future. Blackrock makes a half-a-bill bet on Oxy’s DAC plant, Stratos, in a bid to capitalize on IRA’s shiny new credits and put DAC on the fast track. In the same week, Heirloom took the trophy for unveiling the US’s first commercial DAC plant. 

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As Alarm Over Plastic Grows, Saudis Ramp Up Production in the US

DeSmogBlog

The flares started last December, an event Errol Summerlin, a former legal-aid lawyer, and his neighbors had been bracing for since 2017. The complex contains a circuit board of pipes and steel tanks that cough out steam, flames and toxic substances as it creates the building blocks for plastic from natural gas liquids.

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A common fertilizer keeps causing explosions. The EPA doesn’t think it’s hazardous.

Grist

The blast sent Robby Payne into a plastic tank of liquid cattle feed, knocking him unconscious. But no recollection of the event itself, which killed 15 people, 12 of them firefighters or other emergency responders. “As This story was published in partnership with the Center for Public Integrity and The World.

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