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Think tank outlines possible clean energy industrial strategy for the UK

Envirotec Magazine

Accelerating the build-out of clean energy will reduce costs and make the UK more secure, write Josh Freed and Isabelle Chan of US think tank Third Way, which released a new policy paper on the topic on 29 September. For example, the UK has the Business, Energy, and Industrial Strategy Department. Why industrial strategy?

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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  Happy Monday!  Manufacturing.

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Energy Provisions In The Inflation Reduction Act

R-Squared Energy

Last week Congress passed the Inflation Reduction Act, which now heads to President Biden’s desk to be signed into law. Let’s discuss the energy provisions in the bill. Before reading through the bill, I like to get a feel for the kinds of energy programs it addresses. “Biofuel” appears 11 times.

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Government’s Net Zero Strategy is a major step forward, says CCC

Envirotec Magazine

The UK was the first major industrialised nation to set Net Zero into law – now we have policy plans to get us there. Ministers have made the big decisions – to decarbonise the power sector by 2035, to phase out petrol and diesel vehicles, to back heat pumps for homes. And they have proposed policies to do it.

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The Economic Case for ‘Blue Hydrogen’ Is Getting Worse. Cue the Lobbyists.

DeSmogBlog

The push to sell “blue hydrogen” as a clean energy fuel — which experts have called a misleading rebrand of fossil fuels — hit another setback this month. Climate provisions in the Inflation Reduction Act of 2022 are bringing new economic headwinds to the gas-derived hydrogen fuel’s prospects.

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The Net Zero Review: Everything businesses need to know

Business Green

It is a far from unsurprising message from Skidmore, who having signed the 2050 target into law, has long been a staunch advocate for an ambitious net zero agenda. Net zero policy and delivery clarity - A recurring theme in the Review is the call for Ministers to provide greater transparency around how the net zero transition is proceeding.

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Climate Tech Entrepreneurs React to the Inflation Reduction Act

Elemental Excelerator

In addition to celebrating the bill’s clean energy cost-cutting measures and job-creating potential, we are providing a few additional considerations and themes that are relevant to our portfolio and systems change work. airports can accommodate electrified aviation. Allume Energy , Transcend ). CarbonCure ). Nth Cycle ).