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Elon Musk says Tesla will resume accepting Bitcoin under one condition

Teslarati

Elon Musk says that Tesla would resume accepting Bitcoin for its products again if the cryptocurrency transitions to at least 50% renewable energy for mining and transactions. Tesla shocked investors and enthusiasts earlier this year when it announced the purchase of $1.5 billion worth of Bitcoin. Elon Musk (@elonmusk) May 13, 2021.

Tesla 98
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Tesla was ‘ignorant’ of Bitcoin’s environmental impact when investing, Kimbal Musk says

Teslarati

” Kimbal made the comments at the Ethereum Denver conference in an interview with TechCrunch. The company said that it had suspended vehicle purchases using Bitcoin as it was “concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissions of any fuel.”

Tesla 98
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Geely invests in Carbon Recycling Intl.; vehicles fueled by methanol from CO2, water and renewable energy

Green Car Congress

The investment consists of an initial investment and additional purchases of CRI equity over a 3-year period. CRI, founded in 2006 in Reykjavik, Iceland, is developing technology to produce renewable methanol from clean energy and recycled CO 2 emissions. It will also allow us to promote advanced methanol technology in Europe.

Renewable 150
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). Many participants at the conference expect a 30% decline for the year overall. by Bill Cooke. Billion vs. $28.3

Financing 150
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Perspective: The Role of Offsets in Climate Change Legislation

Green Car Congress

If a cap-and-trade program includes offsets, regulated entities have the opportunity to purchase the “emission credits” generated by carbon offset projects to help them meet their compliance obligations. coal-fired power plants) would either be required by the emissions cap. 2) Examples of Renewable Energy Projects.

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Osage Bio Energy: Winter Barley Ethanol as Advanced Biofuel for RFS-2

Green Car Congress

Although the starch-to-ethanol pathway is similar to that used for corn ethanol, based upon initial calculations from Drexel University, OBE’s winter barley ethanol has the potential to meet the criteria of an Advanced Biofuel as defined by the Renewable Fuel Standard-2 (RFS-2) and the Energy Independence and Security Act of 2007 (EISA 2007).

Energy 186
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Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

Under the cap-and-trade system, industries regulated by it—the largest being power generation, chemicals, steel, and cement—are given limits on their total emissions, and companies can purchase emission reductions from others in lieu of reducing emissions themselves. United Nations Climate Change Conference Copenhagen 2009. CONCLUSION.

Carbon 255