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Cheap Wind and Solar Should Prompt ‘Rethink’ on Role of CCS, Paper Argues

DeSmogBlog

The falling cost of wind and solar power significantly reduces the need for carbon capture and storage technology to tackle climate change, a new paper has argued. Cheap, abundant renewable energy reduces the value of CCS in all areas.”. by the end of the century. Renewables. The Right Kind of CCS’.

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. In new funds, energy transition infrastructure is bringing in the big bucks with Brookfield's record-breaking $28B infra fund and Antin's $1.2B

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

for grid enhancements and $7B for hydrogen fuel hubs. Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🏦 The Loans Program Office kept busy. Proterra, the dominant electric bus maker, was just one high profile example. 💪 Climate joined the labor movement.

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Meet the startup producing oil to fight climate change

Grist

It had been about a year and a half since he left his job at an aerospace company to found a clean energy startup in San Francisco with three of his friends, but the path to success he’d once envisioned had crumbled. They had figured it out — but what they figured out had nothing to do with hydrogen. Shaun Meehan was burned out.

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'Get ahead of the game now': Could the UK become a leader in carbon removals technology?

Business Green

National Infrastructure Commission urges government to act quickly to drive development of first wave of BECCS and DACS plants, arguing carbon removals will be a cornerstone of the UK's future economy. Calls for the UK to start scaling up negative emissions technology are becoming shriller.

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CCC Sixth Carbon Budget advice: The green economy reacts

Business Green

The Sixth Carbon Budget report published today encompasses around 1,000 pages which offer the most detailed roadmap ever developed on how to transform a modern economy so that it delivers net zero emissions within the space of just 30 years. With that in place, business, government and society stand ready to deliver.".

Carbon 45
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EU recovery package: Net zero launch pad or missed opportunity?

Business Green

And as commentators have pointed out , the EU Council's agreement is scant on detail in a number of crucial areas, most notably how the proposed 30 per cent climate spending proportion will actually be monitored, and what type of projects it should be spent on. There were disappointments for the green economy in the EU Council deal, too.