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Biden Administration Invests $6 Billion in Industrial Decarbonization Projects

ESG Today

Department of Energy (DOE) announced today the selection of 33 projects to be awarded up to $6 billion in funding aimed at advancing technologies to help significantly reduce emissions across hard-to-decarbonize industries across sectors including chemicals, steel, food, refining and cement, among others.

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Biden Administration Unveils Strategy to Decarbonize Transportation Sector

ESG Today

National Blueprint for Transportation Decarbonization on Tuesday, its multi-department set of strategies and actions aimed at eliminating nearly all emissions from the U.S. National Blueprint for Transportation Decarbonization. The Biden administration released the U.S. transportation sector by 2050. domestic GHG emissions.

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Ecocentricity Blog: Embracing Clean Technologies, Even If We Don't Have All of the Answers Yet

3BL Media

It suggests that proponents of clean technologies like renewables and electric vehicles are being dishonest by ignoring or glossing over any downsides that come with them. Just because many clean technologies haven’t figured out how to optimize for the circular economy yet does not mean we shouldn’t promote them.

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KKR, BBVA Launch Decarbonization Investment Partnership, Backed by $200 Million Commitment

ESG Today

Alternative asset and private equity investor KKR and Spanish bank BBVA announced the formation of a new strategic partnership, targeting climate solutions and climate infrastructure-related investments aimed at supporting the decarbonization of the real economy.

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Trane Technologies and the U.S. Department of Energy Partner To Advance Building Decarbonization in New Heat Pump Technology Challenge

3BL Media

In line with the Challenge’s advanced technology specifications, these heat pumps will be designed to help organizations meet their energy efficiency needs and decarbonization goals. “As We are thrilled to work together on this important initiative to drive greater energy efficiency and decarbonization in our nation’s buildings.”

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Could trash-to-energy technology feed hydrogen demand?

GreenBiz

Looking specifically at hydrogen from renewable energy, Bloomberg calculates that if the cost for the technology to produce it continues its current downward curve, renewable hydrogen could be competitive with natural gas in several countries before 2050. Patch, an energy and technology consultant. But what are the hurdles?

Waste 508
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Biden Announces $6 Billion Funding to Scale Industrial Decarbonization Projects

ESG Today

The Biden administration unveiled on Wednesday a series of initiatives aimed at reducing greenhouse gas emissions from the industrial sector, including the announcement of a $6 billion Industrial Demonstrations Program to accelerate decarbonization projects targeting hard-to-abate sectors. billion from the IRA and $430 million from the BIL.