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SK invests in Fulcrum BioEnergy to accelerate production of low-carbon fuel from waste

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the strategic investment arm of South Korea’s SK Group, was part of a $50-million investment in Fulcrum BioEnergy, a US-based waste-to-fuels company. Fulcrum produce biofuel on a commercial scale by chemically converting municipal solid waste (MSW) into transportation fuels.

Waste 243
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Tenneco exploring synthetic fuels for climate-neutral mobility; NAMOSYN project

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Tenneco is putting its 100-plus years of powertrain expertise in improving vehicle fuel efficiency and reducing emissions to work to explore synthetic fuels (e-fuels) as a viable near-term solution to further maximize the efficiency and minimize the carbon footprint of internal combustion engines (ICE).

Climate 243
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Amazon invests in electrofuels company Infinium

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Infinium, an electrofuels solution provider, announced the close of a funding round bringing together a consortium of investors including Amazon’s Climate Pledge Fund, Mitsubishi Heavy Industries (MHI), AP Ventures, Neuman & Esser, and the Grantham Environmental Trust. —Robert Schuetzle, CEO of Infinium.

Companies 435
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Audi of America launches Internal Carbon Price program to support goal of lowering CO2 footprint 30% by 2025

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Audi of America is among the first in the automotive industry to implement an internal carbon price program as a key initiative in the brand’s pursuit of lower CO 2 emissions. Waste generation. Employee commuting. Fuel consumed by Audi of America fleet vehicles. Building heat & energy. Purchased goods and services.

Audi 170
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Canada launches $1.5B Clean Fuels Fund with call for proposals

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Minister of Natural Resources, made the announcement during the World Hydrogen Technologies Convention hosted by the Canadian Hydrogen and Fuel Cell Association and supported by the International Association for Hydrogen Energy. Seamus O’Regan Jr.,

Canada 379
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OP engine developer Achates Power closes $29.8M Series D; OGCI Climate Investments comes onboard

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Achates Power, the developer of next-generation two-stroke compression-ignition opposed-piston (OP) engines ( earlier post ) announced that OGCI Climate Investments has invested in the company’s Series-D round. —Dr Pratima Rangarajan, CEO of OGCI Climate Investments. Zermeno, R.,

Climate 170
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European aviation sector and NGOs agree on sustainability of future fuels

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In the first phase of SAF deployment through 2025, waste oils are the likeliest source of low-carbon fuel due to their low carbon intensity and ease of conversion. Technical advice was provided by the International Council on Clean Transportation (ICCT).

Future 240