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Utilities waffle on climate support

Jan 31, 2024
Written by
Kathryn Krawczyk
In collaboration with
energynews.us
Utilities waffle on climate support

Correction: More than 11,000 natural gas storage wells across the U.S. may have a single barrier of failure that puts them at risk of a major methane leak. An item in yesterday’s digest mischaracterized their risk.

UTILITIES: The largest U.S. utilities have offered uneven support and sometimes conflicting positions while lobbying on climate policy in recent years, according to a nonprofit group’s new report. (Utility Dive)

ELECTRIC VEHICLES:

STORAGE: Global venture capital investment in energy storage soared to new records last year, with 86 deals totalling $9.2 billion in funding. (Utility Dive)

HYDROGEN:

EMISSIONS: The U.S. Energy Department allocates $254 million for projects to cut industrial greenhouse gas emissions. (Utility Dive)

GRID:

MINING: The mining industry aims for a rebrand as it becomes a necessary piece of the clean energy transition and looks to recruit young, climate-conscious employees. (Grist)

NUCLEAR: The Biden administration is reportedly preparing to offer a conditional $1.5 billion loan to reopen a shuttered nuclear plant in southwestern Michigan. (Reuters)

CLIMATE:

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