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Microsoft climate fund invests $50M in LanzaJet alcohol-to-jet SAF plant

Green Car Congress

LanzaJet, a sustainable fuels technology company and renewable fuels producer, has secured financing for its Freedom Pines Fuels plant in Soperton, Georgia ( earlier post ), through the Microsoft Climate Innovation Fund. LanzaJet produces SAF and renewable diesel from low-carbon, sustainable ethanol sources.

Climate 273
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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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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

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Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

Financing 170
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ClearFlame Engine Technologies secures $2.5M to advance diesel-free truck demonstration; ethanol-fueled MCCI

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million in additional financing from several investors, including the Iowa, Minnesota, Kansas and Illinois Corn Growers Associations. Historically, clean-burning fuels, and those that are easy to make from waste CO 2 streams or syngas, have failed to ignite using MCCI.

Diesel 321
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European Commission approves €4.7B public support scheme for advanced biomethane and biofuels in Italy

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The measure will contribute to reaching EU energy and climate change goals while limiting distortions of competition. They are produced from feedstock that do not require agricultural land for their production, such as waste, agricultural residues, and algae.

Italy 296
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Four Startups Aim to Change the Climate Tech Game

Cars That Think

Starting a company to develop an energy technology that fights climate change is hard—a lot harder than starting a software company. Breakthroughs in battery technology, carbon sequestration, and other energy technologies that result in a five-fold improvement over current technology could literally change the world. Not really.”

Climate 100
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Obama climate plan calls for new fuel economy standards for heavy-duty vehicles post-2018; cleaner fuels and investment in advanced fossil energy

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Among the transportation-related elements of US President Barack Obama’s new climate action plan, which he is outlining today in a speech at Georgetown University, is the development of new fuel economy standards for heavy-duty vehicles post-2018. Preparing the US for the impacts of climate change. Earlier post.).

Obama 249