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Bankers and Investors Finding Fracking Industry's Underlying Models Prove Overly Optimistic

DeSmogBlog

Tags: reserves based lending fracking finance Bankruptcy Warren Buffett Harold Hamm Occidental Petroleum Alta Mesa Read time: 15 mins Warren Buffet has a famous quote about investing: “Only when the tide goes out do you discover who's been swimming naked.” .

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Vertical Aerospace secures 1,000 pre-orders for electric air taxis ahead of IPO

Business Green

Bristol-based start-up Vertical Aerospace has announced pre-orders for 1,000 of its electric aircraft taxis alongside investment from a host of global airlines, as it gears up to float on the stock market later this year as part of a newly-announced $2.2bn merger deal. Each aircraft comes with a price tag of around $4m, it said.

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Grid Edge Trends From 2019 (So Far)

GreenTechMedia

In July 2019, Tendril (after a series of acquisitions in customer analytics) announced a merger with Simple Energy to become Uplight. The customer analytics space is in the midst of vendor consolidation and an expansion of solutions.

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? Big oil’s big CCS play #158

Climate Tech VC

The majority of Denbury’s revenue comes from EOR, which involves injecting CO2 into the ground in order to extend the life of oil fields, and ~60% of the price tag likely covered the value of Denbury’s oil production rather than the CCS infrastructure.