August 15 Energy News

August 15, 2021

Opinion:

¶ “How Investors, And Everybody, Should Think About Climate Change” • Companies that don’t make a transition to deal with climate change risk falling behind or having their business models usurped. For example, consider the $5.8 trillion global insurance industry and the upheaval that climate change is creating there. [Yahoo Finance]

Houses built on permafrost (Fbaudoux.ir, CC-BY-SA 3.0)

Science and Technology:

¶ “Agora CO₂-Based Redox Battery Wins Global Deeptech Competitions And Has 1 Year ROI” • Agora Energy Technologies has a flow battery that is revolutionary, and has won some well deserved awards. It is based on the chemistry of CO₂, which it captures aggressively in an open-loop system and renders into commercially useful chemicals. [CleanTechnica]

¶ “Wireless EV Charging For Highways – Does Indiana Have The Solution?” • The Indiana Department of Transportation and Purdue University have announced plans to develop the world’s first contactless wireless-charging concrete pavement highway segment. The project will use innovative magnetizable concrete developed by a German startup. [CleanTechnica]

Purdue University (Cole Parsons, Unsplash)

¶ “Activists Call It A ‘False Solution.’ But UN Scientists Say We Need To Suck Up CO₂” • Avoiding climate catastrophe at this point will require removing carbon from the atmosphere. But IPCC report makes clear that averting catastrophe now will require us to develop measurable, surefire ways to suck CO₂ from the air and return it to the ground. [HuffPost]

¶ “Argonne Study On Costs And Benefits Of New Transportation Technologies The Most Comprehensive To Date” • An study from Argonne National Laboratory offers the most complete understanding yet of the costs of owning and operating a vehicle and how those costs vary by powertrain, from the conventional to the cutting-edge. [CleanTechnica]

Tesla charging (Jannis Lucas, Unsplash)

World:

¶ “Volkswagen Takes Three Out Of Top Four Spots In July In Germany” • The German plug-in vehicle market scored over 55,000 registrations last month. Full battery EVs were up 52% year over year, and plug-in hybrids were up 58% year over year. This is slower growth than the year to date, which increased 185% and 182% respectively. [CleanTechnica]

¶ “Japan Rain: Nearly Two Million Residents Told To Seek Shelter” • Nearly two million people have been urged to evacuate their homes because of heavy rainfall in parts of Japan. The evacuations are non-compulsory. The west of the country is worst affected but heavy downpours are expected across the country in coming days. [BBC]

Raindrop (Sourav Mishra, Pexels)

¶ “Saudi Aramco Joins Local 1.5-GW Solar Project With A 30% Stake In Renewables Push” • Saudi Aramco is investing, alongside the country’s sovereign wealth fund and Riyadh-based ACWA Power, in the oil exporter’s largest solar project with a capacity of 1.5 GW as the world’s biggest energy company makes a push into renewables. [S&P Global]

¶ “Just What Australia Needs – More Droughts, More Floods, More Fires” • According to the recent IPCC report, Australia can look forward to more floods, more droughts, more fires, and even drier conditions. While the weather presenters on the news prattle about the wonderful sunny days, the farmers off the coast pray for rain. [CleanTechnica]

Stormy weather (Moritz Böing, Pexels)

¶ “Dublin Solar Power Developer Signs €39 Million Deal For Renewables Ahead Of €500 Million Fundraising Plan” • Dublin solar power developer BNRG has signed a €39 million deal with Paris-listed renewable energy business Neoen for three projects in Ireland. It revealed plans to raise €500 million in debt and equity over the next five years. [Independent.ie]

US:

¶ “As The Climate Crisis Worsens In The US, Pressure For Action From Biden And Kerry Grows” • The Biden administration and Democrats are walking a tightrope, with a razor-thin majority in Congress, to enact policies that will reroute the US economy away from fossil fuels and show the world that the US will lead on climate change. [CNN]

Wind turbines (Narcisa Aciko, Pexels)

¶ “Tesla Model S Plaid Is Ready To Race In Mt Washington Hillclimb Today!” • Before today, no electric car had ever raced in the Mt Washington Hillclimb. Today, two electric cars are racing up the highest peak in the Northeast. One is a modified EV, and one is stock. Eighty cars are racing in the event, which covers 7.6 miles of road. [CleanTechnica]

¶ “FedEx Orders 120 Xos Electric Trucks” • The electric truck market has been a hot topic in the past year or so, but you might not have heard of Xos. Xos produces electric Class 5 and Class 8 commercial trucks, and as you can see in the headline, it has landed a big order with FedEx, with 35 FedEx ground operators, to be specific. [CleanTechnica]

Have an uncommonly peachy day.

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