article thumbnail

IEA sketches out vision for $1tr a year global green stimulus

Business Green

The analysis calculates that integrating clean energy goals into economic recovery and stimulus packages over the next three years could boost global economic growth by an average of 1.1 Birol acknowledged that policy makers were "having to make hugely consequential decisions in a very short space of time as they draw up stimulus packages".

article thumbnail

? 2023’s Most Headliney-Headlines #178

Climate Tech VC

☢️ US nuclear power saw mixed results.    🌊 Hydrogrid , a Vienna, Austria-based planning hydropower plants developer, raised $9M in Series A funding from Inven Capital, SET Ventures, CNB Capital, and SET Ventures.   Key market supply and demand indicators ended the year down.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Arizona nuclear to clean hydrogen project receives $20 million from Dept. of Energy

Renewable Energy World

of Energy to demonstrate technology that produces clean hydrogen energy from nuclear power, as part of the agency's goal of reducing the cost of clean hydrogen production by 80%. Follow @EngelsAngle. An Arizona project will receive $20 million in funding from the U.S.

article thumbnail

After Pandemic, New York’s Buildings Face Daunting Decarbonization Mandate

GreenTechMedia

When the legislation passed, progressives on the New York City Council called the package of bills “the largest single carbon-reduction effort that any city, anywhere, has ever put forward.” The proposed Champlain Hudson Power Express transmission line would carry hydropower from Quebec south to New York City.

Law 130
article thumbnail

Global Briefing: EU and US launch Joint Task Force on Energy Security

Business Green

Designed to demonstrate that high performance, efficiency and sustainability can be packaged together without compromise, the Gen3 car is our most powerful, lightest, and fastest race car to date. China latest mega-hydropower plant comes online. At an altitude of 3,000 metres it is the highest hydropower project in China.

article thumbnail

Solar, Wind Tax Credit Extensions and Energy R&D Package in Spending Bill Before Congress

GreenTechMedia

trillion federal spending and tax extension package negotiated by congressional leaders over the weekend alongside a $900 billion coronavirus relief package. R&D for clean energy, energy storage, carbon capture and nuclear power. Nuclear power will receive $6.6 billion in funding.

Packaging 130
article thumbnail

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

Business Green

It is significantly larger than the clean tech focused stimulus package the Obama administration passed in the wake of the 2008 financial crisis, which played such a big role in accelerating US renewables and electric vehicle deployment. And advanced nuclear power production tax credits of 1.5