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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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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

🔑 Climate tech startups hit key milestones - including but not limited to - Fervo’s FOAK enhanced geothermal project operational in Nevada, Brimstone’s third-party approval of its carbon-negative cement, and Heirloom’s first commercial DAC plant.  Key market supply and demand indicators ended the year down.

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The 5 Biggest US Utilities Committing to Zero Carbon Emissions by 2050

GreenTechMedia

Over the past three years, some of the country’s biggest utilities have been committing to a goal that few may have predicted they’d undertake on their own: weaning themselves off carbon-emitting generation by 2050. Utilities in many states now face mandates to move to 100 percent renewable energy or cut carbon to zero by 2050.

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MIT Study: Transmission Is Key to a Low-Cost, Decarbonized US Grid

GreenTechMedia

wide transmission build-out could also slash the costs of reaching a zero-carbon grid with wind, solar and battery technologies that are cost-effective today. First, nationwide transmission allows power-sharing across regions facing widely different weather systems that drive variation in wind and solar generation.

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New Report Shows Gap Between Utility Carbon Pledges and Climate Change Imperatives

GreenTechMedia

utilities have promised to eliminate their carbon emissions by midcentury. utilities are on track to reduce carbon dioxide emissions by 80 percent by 2030 compared to a 2005 baseline, the target needed to prevent global warming beyond 1.5 Wind and solar power accounted for just above 10 percent of U.S. Most of the biggest U.S.

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The Future(s) of Fossil Fuels - 2020

Mr. Sustainability

A sudden collapse of the industry - called a carbon crunch - could lead to economic disaster of epic proportions. As the coronavirus struck the global economy earlier this year, demand for oil dropped by more than a fifth and prices collapsed. Many sources now suggest that oil demand has already passed its peak.

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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. The US is set to get its first ever carbon equivalent tax - on methane. As Mark Carney noted this morning, this is part of a global trend.