U.S. Senate introduced a raft of last-minute energy amendments to President Trump’s hallmark economic legislation. The sweeping 900-page bill, which is in its final stages before a Senate vote, now includes provisions that roll back support for clean energy initiatives and introduce new advantages for fossil fuel producers. The sudden changes have blindsided renewable energy … Continue reading “Senate Shocks Clean Energy Industry with Last-Minute Bill Changes, Musk Calls It “Destructive””
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Milan, Oct. 15 — Europe’s carmakers are facing new risks to electric vehicle production as China prepares to tighten restrictions on rare earth metal exports, according to Italy’s leading auto parts industry group. Roberto Vavassori, chairman of the Italian Automotive Industry Association (ANFIA), said on Tuesday that the region’s reserves of rare earth materials have … Continue reading “China’s Rare Earth Export Curbs Put Europe’s Electric Vehicle Industry at Risk – iShook Finance”
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On today’s sunny side up episode of Quick Charge, we take a look at the latest from the world of solar power, and discuss Congressional Republicans’ plans to limit your energy independence by eliminating a critical tax credit for homeowners nearly ten years early. (!) We’ve also got a quick review of a massive solar … Continue reading “State of the solar industry as GOP eliminates homeowner’s tax credits”
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This analysis and news roundup comes from the Canary Media Weekly newsletter. Sign up to get it every Friday. A simple principle has shaped Texas’ electricity system for the last two decades: Developers should build the types of power plants they think will compete best on the state’s open market. As the cost of solar, … Continue reading “Will Texas self-destruct its clean energy industry?”
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The category includes new furnaces that can use hydrogen instead of coal to produce iron for steelmaking. Green hydrogen made from renewables remained costly and in scarce supply, leading producers like Europe’s ArcelorMittal to delay making planned investments in hydrogen-based projects. Electric arc furnaces — which turn scrap metal and fresh iron into high-strength steel … Continue reading “Chart: Global clean industry investment fell sharply in 2024”
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In cement production, there are two key sources of emissions: high-heat, gas-fired kilns and the limestone used as an ingredient in Portland cement, which releases CO2 when heated up. Steelmaking emissions mainly come from the use of coal-fired blast furnaces to make iron. Many of these industrial sectors have historically been described as “hard-to-decarbonize,” but in … Continue reading “Chart: Heavy industry is the world's biggest decarbonization challenge”
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Japanese equipment giant Komatsu dropped its new, 320-ton Power Agnostic 930E mining truck at MinsExpo trade show in Las Vegas, calling it a future-ready solution that can run on diesel, hydrogen, or pure electric power. Komatsu continues to develop alternative engine technology with the release of its first commercial rigid-frame dump truck with a “power … Continue reading “Industry first: Komatsu reveals power agnostic 320 ton haul truck”
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Trump promises stiff tariffs vs. China and Mexico, may nix federal funding behind U.S. EV plants Tens of thousands more U.S. auto jobs now vs. 2019, pre-COVID Anti-EV talk may be bluster, but the poison pill is whether it becomes part of MAGA platform First-term flashback: Coal lobbyist in charge of EPA, hobbled EV tax … Continue reading “Trump plans to gut EV policy: What it might mean for jobs, auto industry, made in America”
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“Industrial heat accounts for one-quarter of the global energy consumption and is a massive, $450 billion market,” Juha Lindfors, a partner at Lifeline Ventures, said on Monday in a statement. “Decarbonizing industrial heat presents a huge opportunity.” Meskanen, a Finnish entrepreneur, said she first met her co-founder, Nate Weger, in 2023 through a DOE-funded program called Cradle to Commerce, which aims … Continue reading “This startup has a plan to clean up industry: electrified bricks”
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The Nuclear Company, a venture capital–funded project-development firm, came out of stealth last week and announced eye-raising plans: It aims to deploy a 6-gigawatt nuclear-fission reactor fleet by the mid-2030s. That 6 gigawatts would represent more nuclear-generating capacity than the U.S. has deployed in the last decade. The U.S. has commissioned only three new reactors since 2016 and … Continue reading “The US nuclear industry is stuck. Can this startup get it rolling again?”