Why it matters: The incoming Trump administration is likely to overturn the waiver to California. But in issuing it, the EPA will make it harder to accomplish a reversal.
Deep Sky, a Quebec-based developer of carbon removal projects, has landed a $40 million grant commitment from the Bill Gates-backed fund Breakthrough Energy Catalyst.
Why it matters: The investment signals the $1 billion-plus Breakthrough Energy Catalyst fund's interest in demonstration projects in the carbon removal sector.
Advanced nuclear group Oklo announced that it's signed an agreement to sell 12 GW of power from planned nuclear projects to data center company Switch.
Why it matters: It's one of the largest deals for clean energy to date and highlights the insatiable need for renewable electricity to power AI data centers.
The Biden administration said Tuesday it concluded that unrestricted liquefied natural gas exports will increase greenhouse gas emissions and cause gas prices to rise.
Why it matters: The long-awaited Energy Department study — which coincided with a controversial pause on issuing LNG export licenses — details potential harms of shipping out U.S. gas as exports have dramatically increased.
Winters are rapidly warming across the Northern Hemisphere because of human emissions of greenhouse gases from burning fossil fuels, a new report shows.
This is now being seen in many more days with temperatures above freezing.
You can get an electric vehicle for very close to free.
Why it matters: The environmental benefits of EVs notwithstanding, demand for smaller vehicles remains muted — and regulations are causing some automakers to offer aggressive incentives to get them off the showroom floor.