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Other articles in the issue

• USGS Releases First-ever Map of Potential for Geologic Hydrogen in U.S.

  The U.S. Geological Survey (USGS) has published the first-ever map identifying prospective locations for naturally occurring geologic hydrogen in the contiguous United States. The map highlights regions with potential hydrogen accumulations, including parts of the Midwest, Four Corners, California coast, and Eastern seaboard. This breakthrough challenges past assumptions about subsurface hydrogen and opens new possibilities for energy exploration.

• Constellation to Acquire Calpine; Creates America’s Leading Producer of Clean and Reliable Energy to Meet Growing Demand for Customers and Communities

  Constellation has agreed to acquire Calpine Corporation in a cash and stock transaction valued at $16.4 billion, including 50 million shares of Constellation stock and $4.5 billion in cash. With additional adjustments for generated cash and tax attributes, the total net purchase price rises to $26.6 billion, representing a 7.9x 2026 EV/EBITDA multiple. The deal strengthens Constellation’s position as a clean energy leader with expanded low-emission generation assets.

• Building Materials: A Billion-Tonne Opportunity for Carbon Storage

  Building materials that store carbon are emerging as a promising solution to cut greenhouse gas emissions. A study in Science reveals these materials could sequester up to 16.6 billion tonnes of CO2 annually, nearly half of 2021's global emissions. Companies globally are driving innovation to replace conventional materials with sustainable, carbon-storing alternatives.

• Svante and Tenaska Forge Collaboration to Deliver Fully Integrated Carbon Capture and Storage Solutions

  Svante Technologies and Tenaska have partnered to deliver integrated, cost-effective solutions for industrial carbon capture and storage (CCS). The collaboration aims to address global industrial emissions and support the decarbonization of sectors like pulp & paper, cement, steel, and oil & gas. This partnership marks a significant step toward advancing large-scale CCS implementation.

• Catona Climate Partners with Tencent to Deliver High-Quality Nature-Based Carbon Removal Solutions

  Catona Climate has partnered with Tencent to support its decarbonization plan, which prioritizes emission reductions, renewable energy adoption, and high-quality carbon removals. The agreement includes a pre-order of 3 million tonnes of nature-based carbon removals to be delivered between 2027 and 2040. Tencent aims to achieve carbon neutrality across its operations and supply chain and use 100% green power by 2030.

• Infinium Announces Series C Investment and Acquisition of Greyrock Technology

  Infinium, producer of the world's first commercially available ultra-low carbon eFuels, announced today that it has completed the purchase of gas conversion leader Greyrock Technology in conjunction with the close of the first tranche of a Series C Preferred Stock fundraise led by Brookfield Asset Management.Infinium announces acquisition of Greyrock Technology and new investors in its Series C fundraiser

• Green Plains Announces 100% of Rights of Way Acquired on ‘Advantage Nebraska’ Carbon Capture Project with Lateral Construction Underway

  Green Plains Inc. today announced that key milestones for the ‘Advantage Nebraska’ carbon strategy have been met, and the project remains on track for operation in the second half of 2025. These facilities are expected to be among the first significant volumes of low-carbon ethanol from carbon capture and sequestration in the U.S., positioning the company to participate in the early days of the 45Z Clean Fuel Production Credit, the details of which were recently revealed.