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• Decarbon Daily - Green Hydrogen, Polestar, & Oil at $90?
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• U.S. DOE Announces $12m Boost to Geothermal Energy Research

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Other articles in the issue

• Prometheus Fuels is First Electrofuels Unicorn, Closes Series B

  We’re excited to announce the close of our Series B funding round, with investment by Maersk, Metaplanet, and BMW. As a result of the round, we’ve achieved a $1.5 Billion valuation, making us the world’s first electrofuels unicorn. This month, we received strong support from the White House, as well as some of world’s largest, most iconic brands that have been nothing short of bold in backing innovative tech to decarbonize their industries — American Airlines, Maersk, and BMW. Their support marks a rising recognition of the incredible promise that our zero net carbon electrofuels hold in getting the planet to Net Zero by 2050.

• Oil Prices Continue Surge; Goldman Sachs Lifts Target to $90 a Barrel

  Brent crude traded at a nearly three-year high Monday as oil prices continued to rally in the wake of disruptions to production in the Gulf of Mexico following Hurricane Ida and signs of strengthening demand. Goldman Sachs has boosted its oil price target to $90, citing the lingering impact of Hurricane Ida on supply while demand ramps up, particularly in COVID-averse Asia.

• N.Y. hydrogen, CCS Proposals Could Set National Precedent

  New York is weighing a new program to build out emerging technologies like hydrogen and carbon capture, a development that puts the state at the forefront of a national debate over the gas industry’s role in plans to achieve net-zero carbon emissions. In California, Louisiana and Michigan, for example, state officials are putting together net-zero road maps that are likely to flesh out exactly what carbon capture’s role should be for the power sector.

• EV Maker Polestar Strikes $20-bln Deal with Gores Guggenheim SPAC

  Swedish electric-car maker Polestar said on Monday it will go public by merging with a U.S.-listed blank-check firm backed by billionaire Alec Gores and investment bank Guggenheim Partners at an enterprise value of $20 billion.

• Live Oak Crestview Climate Acquisition Corp. Announces Pricing of $200,000,000 Initial Public Offering

  Live Oak Crestview Climate Acquisition Corp. (the "Company"), a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, announced today that it priced its initial public offering of 20,000,000 units at $10.00 per unit.