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CARB: clean fuels replaced more than 50% of diesel used in California in Q1 2023

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Clean fuels replaced more than 50% of the diesel used in the state in the first quarter of 2023, according to the California Air Resources Board (CARB). Source: CARB Carbon intensity for the LCFS program is measured through lifecycle analysis of a fuel which includes all steps from extraction, transport, and production.

Clean 367
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The Metals Company and Low Carbon Royalties form strategic partnership

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Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader.

Carbon 352
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Using blockchain traceability to build a circular battery economy

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That’s why Polestar set itself three climate targets: to become climate neutral company by 2040; to halve emissions per sold car by 2030 compared to 2022; and create a climate neutral car by 2030. Our companies have been working together for a few years now and that work started with Circulor tracking cobalt for the Polestar 2.

Economy 330
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Breakthrough Energy Ventures backs methanol fuel cell company Blue World Technologies

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In late 2021, the company insourced all the production of the core fuel cell components and is currently in pre-series production. Later this year, Blue World Technologies will launch series production and with further scaling, the company expects to reach a production capacity of 500 MW within a couple of years.

Companies 293
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Hyundai Motor and INEOS partnering on driving hydrogen economy forward

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Hyundai Motor Company and INEOS signed a memorandum of understanding to explore new opportunities to accelerate the global hydrogen economy. Both companies will initially seek to facilitate public- and private-sector projects focused on the development of a hydrogen value chain in Europe. Earlier post.)

Hyundai 329
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IPG to demo Flameless Ceramic Turbine for clean, off-grid power in EV charging

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IPG’s project will demonstrate the role of Flameless Ceramic Turbine technology in bringing EV charging to high-use and remote locations through clean, cheap, grid-independent power generation. —Brian Cull, Senior Intelligent Transport Systems Engineer, Highways England. IPG’s Flameless Ceramic Turbine is a 100kW modular generator.

Grid 435
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PEM electrolyzer company Ohmium closes $45M Series B; quadrupling manufacturing capacity

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PEM electrolyzer company Ohmium International closed a $45-million Series B financing round. The company has research and development facilities in the United States and India; manufacturing operations are in India. We can no longer tie our economies to unreliable fossil fuels.