Plug Power Inc. will produce liquid hydrogen this year in Georgia to fuel the transportation sector, making 15 tons per day and upgrading to 30 tons daily. It will source green energy from a local rural electric cooperative to do so.
Most enterprises run into the ‘Steel Curtain’ when they try to decarbonize steel. But Electra sees a way around the impenetrable fortress — a tribute to the 1970s all-star Pittsburgh Steeler defense. Moreover, it’s a move to revitalize American-made steel; Pittsburgh closed those mills in the 1980s, and 150,000 workers lost jobs.
President Reagan gave a televised address in March 1983 that proposed a space-based program that could shoot down nuclear missiles fired at the United States, otherwise known as “Star Wars.” While it was a pipe dream, the increased U.S. military spending did force the Soviet Union also to squander scarce resources. Finally, the two sides reconciled, and the Cold War ceased.
The aviation industry is serious about reducing its carbon footprint — a sector that contributes roughly 2% of all greenhouse gas emissions. To that end, a new plant is breaking ground today in Washington State to transform CO2 into jet fuel — a technology that could clean up air travel.
A new study shows a 10% increase in tropical rainforest loss in 2022 — a troubling sign as the global community struggles to meet its obligations under the Paris Agreement. That’s the equivalent of losing 11 football fields of forest every minute.
The automakers are gearing up to produce new electric and hydrogen fuel cell vehicles — a byproduct of public policies and market demand.
Artificial intelligence is the latest buzz—geeky stuff that can improve energy efficiency, productivity, and outcomes. But it is a fledgling concept, making room for errors. And that’s why the smart move is to test a problem and simulate solutions, sharing the best outcomes industrywide.
“A recent impressively strong jobs report should put all that recession talk to rest,” said Jonathan Levin in Bloomberg. The Labor Department reported that employers added 339,000 jobs in May, “the most since January and a number entirely out of line with widespread predictions of an imminent recession.”
We can now officially deem our bout of high inflation to be over. The just-reported CPI increase for May was only 0.12 percent, which is 1.5 percent annualized, and the PPI increase was negative 0.32 percent, or negative 3.8 percent annualized. Both the monthly CPI (consumer prices) and PPI (producer prices) numbers have been moderate to benign for 11 months now.