Fri.Jan 29, 2021

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Major European Lenders Back Out of Oil Trade in Ecuadorian Amazon

Yale E360

Three major European banks — Credit Suisse, ING, and BNP Paribas — have announced they will no longer finance the trade of oil extracted from the Amazon Sacred Headwaters region in Ecuador. The decision is seen as a major victory for environmental and Indigenous rights activists, who campaigned heavily to stop the international financing of fossil fuel development in the region, Reuters reported.

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Backwards Induction and the Demise of U.S Gas Stations in the Year 2045

Environmental and Urban Economics

General Motors has announced that it will only produce electric vehicles starting in the year 2035. Suppose that there no more new fossil fuel vehicles purchased by U.S consumers in the year 2035 and going forward. There are 270 million vehicles in the United States right now and most of them are used. This webpa ge says that 13 million new vehicles are purchased each year in the U.S.

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EPA Information Collection Request

Environment Next

EPA is accepting comments on an information collection request (ICR), NSPS for Municipal Solid Waste Landfills, submitted to the Office of Management and Budget (OMB). Comments will be accepted until March 1, 2021 and should be submitted online using www.regulations.gov or by email to docket.oeaca@epa.gov referencing Docket ID Number EPA=HQ-OECA-2020-0203.

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Carbon Capture and Sequestration in 2021: The Path Forward

The Energy Law Blog

2021 is already poised to offer substantial growth in the area of carbon capture and sequestration (“CCS”). On January 21, Elon Musk announced on Twitter that he will donate $100 million to the “best” carbon capture technology, chosen through a competition whose details and judging criteria are yet to be announced. Further, on February 1, the New York Times reported that ExxonMobil announced that it would invest $3 billion in carbon and other projects to lower emissions.

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Manufacturing Sustainability Surge: Your Guide to Data-Driven Energy Optimization & Decarbonization

Speaker: Kevin Kai Wong, President of Emergent Energy Solutions

In today's industrial landscape, the pursuit of sustainable energy optimization and decarbonization has become paramount. Manufacturing corporations across the U.S. are facing the urgent need to align with decarbonization goals while enhancing efficiency and productivity. Unfortunately, the lack of comprehensive energy data poses a significant challenge for manufacturing managers striving to meet their targets.

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Carbon Capture and Sequestration in 2021: The Path Forward

The Energy Law Blog

2021 is already poised to offer substantial growth in the area of carbon capture and sequestration (“CCS”). On January 21, Elon Musk announced on Twitter that he will donate $100 million to the “best” carbon capture technology, chosen through a competition whose details and judging criteria are yet to be announced. Further, on February 1, the New York Times reported that ExxonMobil announced that it would invest $3 billion in carbon and other projects to lower emissions.

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