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In his latest whiteboard video, ClearPath Executive Director Rich Powell walks through the main details of the Nuclear Energy Leadership Act (NELA) and why it is worth closely tracking. NELA is a bipartisan and broad framework to spur advanced nuclear technologies led by Senate Energy and Natural Resources Chairman Lisa Murkowski (R-Alaska) and Sen. Cory Booker (D-N.J.) in the Senate,…

…emissions, particularly in hard-to-decarbonize sectors. The Intergovernmental Panel on Climate Change’s most recent Working Group III Report reinforces this conclusion and recognizes CCUS as a critical component in global CO₂ reduction efforts. Good thing CCUS technologies are getting smaller, cheaper, and more efficient through continued investment in research and development and combined efforts of the U.S. federal government and private…

…of deployment. Early support for new technologies can be part of a comprehensive strategy to unlock domestic energy resources and make American manufacturing more competitive globally. Once technologies are proven domestically, they can rapidly reshape the global energy market, just as U.S. LNG exports have. Above all, tax credits should promote the uptake of new technologies as they become cost-competitive…

…would also be remiss if I did not underscore the importance of having a full five-person Commission. The Commission has been down two Commissioners since Commissioner Annie Caputo’s term expired at the end of June. The Commission must be at full strength to effectively undertake this important work and prepare for the influx of American entrepreneurs slated to put their…

…both to reduce emissions and to adapt to natural changes. These companies must plan for the long-term, and the executives who lead these companies take climate threats seriously. Microsoft Corp, PepsiCo, and General Motors are among some of the largest American multinational corporations that have made ambitious net-zero commitments in recent years. America’s largest electric utilities, including Georgia-based Southern Company,…

…$3.5 billion in DOE funding to be used to establish four regional DAC hubs to, “demonstrate processing, transport, secure geologic storage, and/or conversion of CO2 captured from the atmosphere with DAC technology and accelerate commercialization of those technologies.” Project selections are expected later this summer and will provide another set of R&D opportunities for this technology. Finally, under the tax…

…If you have not heard of Direct Air Capture, think of a massive vacuum cleaner that literally sucks carbon dioxide molecules out of the open air. Despite all the interest, this technology is still in it’s very early days. Watch ClearPath’s latest whiteboard video about what’s on the path ahead for DAC. View more of Our Take and let us…

Watch the latest ClearPath whiteboard video on the exciting new technology coming from Jupiter Oxygen, and why you should pay attention to the future of coal plants with carbon capture. View more of Our Take and let us know what you think at jaylistens@clearpath.org….

…dioxide (MMT CO2) per year. We recently published one of ClearPath’s signature annual reports, “Clear Path to a Clean Energy Future 2022”: tracking America’s power sector, clean technology, and policy trends. This latest edition had three key findings: New and increased utility net-zero commitments and landmark federal investments are projected to substantially drive down power sector emissions by 2030; Emission…