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Can Gas-Fired Power Plants Coexist with a Net-Zero Target? Yes, Southern Company Insists

GreenTechMedia

utility can reach net-zero carbon emissions by 2050 while still keeping natural gas as a central part of its business, both to generate electricity and to sell to its customers. That includes a recommitment to reaching its 2030 goal of reducing carbon emissions below 50 percent of their 2007 levels, potentially ahead of schedule.

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? Blackrock’s $550M DAC bet #174

Climate Tech VC

Tech-enabled credits continue to constitute a big chunk of an anticipated $1T voluntary carbon market , and Oxy is on a development frenzy. Just this year, Oxy: Acquired DAC company Carbon Engineering for $1.1B Just this year, Oxy: Acquired DAC company Carbon Engineering for $1.1B

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Look forward to 2024 predictions from many of your favorite clairvoyant climate voices. 100B of deals went down in the Permian basin and Shell abandoned a $100M per year carbon credit pipeline. 🍃 Credit registration body Verra’s CEO resigned following a bombshell Guardian exposé, marking a perilous year for carbon.

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Inflation Reduction Act: 10 ways it will turbocharge US climate action (and one way it won't)

Business Green

The landmark legislation's climate provisions could unlock billions of dollars of low carbon investment and millions of green jobs - but it also paves the way for new fossil fuel infrastructure. cents per kWh of electricity produced at facilities placed into service after 2024 that produce zero or negative emissions.