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Samsung Ventures makes strategic investment in renewable fuels company Raven SR

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Raven SR, a renewable fuels company ( earlier post ), announced the closing of a strategic investment from Samsung Ventures, expanding Raven SR’s reach into the global market, especially in Asia-Pacific region. Samsung Ventures’ investment will expand Raven SR’s global reach to South Korea, a driving force in the hydrogen economy.

Renewable 199
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Global Carbon Budget 2022: Global fossil CO2 emissions expected to grow 1.0% in 2022

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The Global Carbon Project (GCP) published its annual analysis of trends in the global carbon cycle in the journal Earth System Science Data , including an updated full-year projection for 2022. Global fossil CO 2 emissions are expected to grow 1.0% (with an uncertainty range of 0.1% The decline in 2020 of -5.2% increase in 2021.

Global 221
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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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ExxonMobil and Global Thermostat in joint development agreement to advance atmospheric carbon capture technology

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ExxonMobil and Global Thermostat signed a joint development agreement to advance technology that can capture and concentrate carbon dioxide emissions from industrial sources, including power plants, and the atmosphere. —Vijay Swarup, vice president of research and development for ExxonMobil Research and Engineering Company.

Carbon 230
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Volvo delivers electric trucks with fossil-free steel frame rails to customers

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The first electric trucks with fossil-free steel are now being delivered to customers. In September, Volvo Trucks started series production of heavy-duty electric, 44 tonne trucks, as the first global truck manufacturer to achieve this. Earlier post.)

Volvo 370
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AP Ventures makes follow-on investment in small-scale GTL company Greyrock Energy

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a provider of small-scale gas-to-liquids (GTL) technology. Greyrock’s systems are designed to transform a variety of gas resources (including natural gas, flare gas, bio-gas, natural gas liquids, and other feedstocks) into premium transportation fuels. —Andrew Hinkly, Managing Partner AP Ventures.

Companies 186
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Pew Center on Global Climate Change and GPI facilitating new Enhanced Oil Recovery Initiative

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The EOR Initiative is facilitated by the Great Plains Institute (GPI) and the Pew Center on Global Climate Change. The fiscal struggles facing federal and state governments combined with a challenging political climate demand new ideas for US energy policy.