article thumbnail

CO2-to-chemicals company Liquid Light raises $15M Series B financing; process scale-up and application validation

Green Car Congress

Start-up Liquid Light, a developer of process technology to make major chemicals from low-cost, globally-abundant carbon dioxide ( earlier post ), has closed a $15-million Series B financing. The financing was completed at a significant increase in company valuation.

Financing 218
article thumbnail

Historic EU Finance Rules for EVs Undermined by Support for Gas

CleanTechnica EVs

Electric vehicles will be classified as green investments as of 2026, but the EU's green finance rules are severely undermined by the European Commission’s labeling of gas as sustainable.

Financing 132
article thumbnail

United and Oxy collaborate with syn-bio company Cemvita to produce SAF from CO2 using microbes

Green Car Congress

This includes funding projects such as pilot and demo plants, engineering studies, financing construction and operating SAF plants. If performance targets are achieved, UAV and OLCV plan to form a joint venture to commercialize the technology. Cemvita is now the third SAF-related technology to receive an investment from UAV.

CO2 259
article thumbnail

Euro Parliament Environment Committee votes to include shipping CO2 in EU ETS; shipping industry to contribute to climate neutrality

Green Car Congress

In addition, MEPs say that market-based emissions reduction policies are not enough, so they also introduced binding requirements for shipping companies to reduce their annual average CO2 emissions per transport work, for all their ships, by at least 40% by 2030.

article thumbnail

Financing Your Electrical Vehicle Purchase Improving Slowly In Australia (Needs To Improve More)

CleanTechnica EVs

A recent survey of 1,001 Australians by Savvy has revealed that 73% of respondents agree that moving to electric vehicles (EVs) is an important move to reduce CO2 emissions and keep global temperature rises to 1.5°C. The biggest obstacle to going electric is price, according to the survey.

article thumbnail

EU will have to let fall want for ‘unessential’ spending on Euro 7, French finance minister says

Baua Electric

France’s Finance Minister Bruno Le Maire joined automaker requires the Eu Union to journey again next anti-pollution law for automobile emissions that will considerably upload to the price of making combustion-engine vehicles. The Euro 7 law seeks to tighten laws on pollution alternative than CO2, like carbon monoxide and nitrogen oxides.

article thumbnail

2019 Keeling Curve Prize winners include Opus 12; conversion of CO2 into fuels and chemicals

Green Car Congress

is using pay-as-you-save financing to help transportation companies switch to electric buses. Three Wheels United (Bangalore, India) is using finance and technology to decarbonize the auto rickshaw market. Energy Access. Transportation. Social & Cultural Impacts. Clean Energy Works (Washington, D.C.)

2019 207