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Skeleton Technologies raises €41.3 million in Series D from top European entrepreneurs

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million) Series D financing round. All existing investors participated in the equity raise and were joined by notable European entrepreneurs and international investors. This Series D financing builds on a strong year for Skeleton Technologies, which saw a tripling of its revenues. million (US$48.4

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Senators Sanders, Boxer propose legislation to institute GHG price on large stationary sources and remove support for fossil fuel industries

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The legislation also proposes numerous actions against financing and support for fossil fuel industries. Among the financing provisions of the legislation are: Price on carbon. International sources. Bernie Sanders (I-Vt.) and Barbara Boxer (D-Calif.) per year over a 10-year period. Rebate program. Debt reduction.

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Velocys establishes strategic alliance with TRI for gasification systems for BTL plants

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Velocys plc, the developer of smaller scale gas-to-liquids (GTL), signed a memorandum of understanding (MoU) with ThermoChem Recovery International, Inc. The partners have already started a joint development of the engineering design for a 1,400 barrel per day BTL plant to produce renewable diesel and jet fuels from woody biomass.

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Member of Swiss National Councils fills up with sunfire solar diesel to call attention to need for regulatory reform

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In December 2014, Böhni submitted a motion for consideration by the National Council (Nationalrat) that would create the legal basis for importers and manufacturers of vehicles that run on CO 2 -neutral synthetic fuels made in Switzerland to receive credit for the corresponding reduction in CO 2 emissions under fleet emission rules.

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Group of 285 global investors with more than $20T in assets under management calls for urgent action on investment-grade climate change and energy policies; guidelines for governments

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Saying that “ investment-grade climate change and clean energy policy is required to shift private sector investment from high-carbon to low-carbon assets ”, a group of 285 investors has urged governments and international policy makers to take new and meaningful steps in the fight against climate change.

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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Siemens suggests abandoning a fixed target for renewable energies and concentrating on the CO 2 reduction goal. Germany has embarked on a large-scale Energiewende (energy transition)—a policy-driven shift away from nuclear and fossil energy to a renewable energy economy. Source: Siemens. Click to enlarge. billion) this year.

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IEA report finds “avoid, shift and improve” policies for urban transport could deliver up to $70T in savings through 2050

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Policies that improve the energy efficiency of urban transport systems could help save as much as US$70 trillion in spending on vehicles, fuel and transportation infrastructure between now and 2050, according to a recently released report from the International Energy Agency (IEA).