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SPACs offer new investment opportunities for energy industry

Renewable Energy World

Frequently, these combinations occur at the same time as a private investment by institutional investors in the SPAC. As the recent experience at ExxonMobile has shown, investors are eager to invest in, and accelerate the migration toward, energy production that does not rely on fossil fuels. SPAC” transaction.

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How steel might finally kick its coal habit

Grist

Coal’s grip on the global electricity sector is loosening as more utilities and companies invest in renewable energy. With the $50 million investment from Breakthrough, BHP, and others, Sadoway said the goal is to demonstrate the technology at a scale large enough to convince investors to back construction of an industrial facility.

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Study Mission 3.0: Quebec: Airplane reading

Low Carbon Prosperity

” “In 2021, Washington consumed less natural gas than about half of the states, and in 2020, the state used less per capita than all but four other states and the District of Columbia. The largest share of the state’s natural gas comes from Canada, either directly or through the state of Idaho.”

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Lessons from a year of reporting on climate solutions in Cascadia

Grist

The second most important target for green power is replacing fossil fuel use in buildings, especially growing use of natural gas for heating; in Vancouver, British Columbia, that causes nearly 60% of the city’s carbon pollution. Invest in the grid. The current 50,000 or so stations are to be expanded to 10 times that by 2030.

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Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’

DeSmogBlog

Available figures compiled from various public corporate reports suggest that on average 80 percent of the businesses’ operations remain in oil and gas and, in one case, coal. Green investments, however, make up just 12 percent of these companies’ portfolios on average based on publicly available figures.

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

GreenTechMedia

At the very least, utilities will need plans that can get them most of the way there, while rushing ahead with next-generation technologies: long-duration energy storage, small modular nuclear reactors or green hydrogen and methane to fuel natural gas peaker plants. Here's a look at the five largest U.S. Dominion Energy.

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LNG Projects Make Claims of ‘Net-Zero’ to Ease Way for Expansion

DeSmogBlog

Under growing pressure to rein in greenhouse gas emissions, developers of liquefied natural gas (LNG) are turning to questionable claims about “carbon neutrality,” “net-zero,” or “green LNG,” in order to pass muster with governments, investors, and society, who are becoming increasingly anxious about the climate crisis.