October 17 NEC Energy News
¶ “Volkswagen ID Buzz Gets Boost From Electrify America ” • If you’ve been waiting for years for the futuristic electric throwback to the iconic Volkswagen Bus, the ID. Buzz, you’ll be heartened to know it’s almost here. Volkswagen says it is to arrive in late fall 2024. And Electrify America says it will boost the experience of ownership for three years. [CleanTechnica]
¶ “US Commits $900 Million To Assist Next-Generation Nuclear Reactors” • The US DOE committed $900 million to support the development of Generation III+ small modular reactors. The Consolidated Appropriations Act of 2024 funds the action by making use of resources from President Biden’s Bipartisan Infrastructure Law. [Power Technology]
¶ “Amazon Invests In Nuclear Energy, Hot On The Heels Of Google And Microsoft” • Amazon announced that it’s putting a $500 million investment into X-energy for developing small modular nuclear reactors, for carbon-free power for data centers. Amazon Web Services relies on large data centers that require huge amounts of energy. [Yahoo News]
¶ “BP Backs Away From Climate Goals In Quest To Maximize Profits” • BP announced plans to abandon its curbs on fossil fuel production to target several new investments in the Middle East and the Gulf of Mexico. According to Reuters, BP is currently in talks to invest in three new projects in Iraq, including one in the Majnoon field. [CleanTechnica]
¶ “Global Water Cycle Off Balance For ‘First Time In Human History,’ Threatening Half The Planet’s Food Production” • The global water cycle has been thrown off balance by human action “for the first time in human history,” fueling a growing water disaster that will wreak havoc on economies, food production, and lives, a landmark report says. [CNN]
¶ “US Manufacturing Has Soared Under Biden And Harris, Was Stagnant Under Trump” • Manufacturing spending in the US stagnated under Donald Trump. Biden and Harris took office, and with Democrats controlling the House of Representatives and the Senate for a short time, they passed laws that promoted investments in manufacturing. [CleanTechnica]
¶ “Federal Money To Help States Hit By Hurricanes Helene, Milton Nears $2 Billion” • The federal government has approved nearly $2 billion in assistance in six states to help people hit by hurricanes Helene and Milton, the White House said. FEMA’s director said about $8.5 billion remains in its emergency fund, but it may need to ask congress for more. [ABC News]
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