Betting big on renewable natural gas
Julian Spector, Canary Media, March 23, 2023
Albemarle claims the facility would be able to “support the manufacturing of an estimated 2.4 million electric vehicles” each year. For context, there were just over 800,000 EVs sold in the US last year, per data from Cox Automotive. But demand for EVs has grown rapidly in recent years. The South Carolina factory could double its initial capacity to keep up with demand, the company claims.
Zoya Teirstein, Grist, March 14, 2023
The proposed limits would cap two common types of PFAS contamination — the chemicals PFOA and PFOS — in drinking water at just 4 parts per trillion. That’s a significant reduction from the level the EPA suggested was safe as recently as 2016, when the agency put out a health advisory that suggested 70 parts per trillion as a maximum level for those types of PFAS in drinking water. This week’s announcement signals that federal regulators’ understanding of the health impacts of exposure to these chemicals is rapidly evolving and that the EPA now appears to believe that virtually no quantity of the chemicals is safe for human consumption.
By Ross Kerber and Isla Binnie, Reuters, March 17, 2023
Despite SVB's demise knocking the value of banks globally, particularly European lender Credit Suisse, U.N. climate envoy Mark Carney said he, too, did not expect a "material" impact on climate tech funding.
However, finance firm Alantra said it expects the bank sector's challenges to prompt venture capital lenders to focus more on quality firms that can scale and be capital efficient.
Additional reading: A pulse check on climate VC market sentiment
By Jack Ewing and Clifford Krauss, NYT, March 20, 2023
The sharp moves have confounded many analysts who predicted that prices would stay high, or even climb, slowing the transition to cleaner forms of transportation, an essential component of efforts to limit climate change.
Instead, the drop in commodity prices has made it easier for carmakers to cut prices for electric vehicles. This month, Tesla lowered the prices of its two most expensive cars, the Model S sedan and Model X sport utility vehicle, by thousands of dollars.
EV charging while on the move, microbiomes getting forgotten in climate talks, critical minerals for national security, and more!
Oil giant makes mining move, Occidental and BlackRock wade into DAC technologies, and more energy excitement!
Velocity President Rysen Shirzadi provides his insight into our role as young professionals in the evolving energy space.
From Tetris to clean energy, creating a carbon time machine, and balloons are the new straws.
A myriad of new fuels see potential, but are many of them just hot air?
From the Supreme Court to AI improving supply chain, here's what we are following this week.
Stories about court cases, permafrost and an electronic nose(?!). Happy Friday.
A Look Inside
Who are Velocity's Innovative Professionals?
A Look Inside
Skis. How they're made, and why you might want to thank an oil worker the next time you hit the slopes.
The pros and cons of a climate emergency, anti-styrafoam rhetoric, and using mining waste to capture CO2.