• Privacy Policy
  • About Us
  • Contact Us
Climate Change Dispatch
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us
No Result
View All Result
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us
No Result
View All Result
Climate Change Dispatch
No Result
View All Result

Clean Fuel Projects Were The Next Big Thing. Now They’re Collapsing

by Amrith Ramkumar
August 20, 2024, 10:45 AM
in Energy, News
Reading Time: 4 mins read
A A
1
Share on FacebookShare on XwitterShare on Linkedin

airport jets planes

Startups promising to power planes, ships, and trucks with clean fuel are sputtering before they get off the ground, showing how hard it will be to wean many industries off oil and gas. [emphasis, links added]

A company backed by United Airlines that raised hundreds of millions of dollars to turn trash into jet fuel appears to have shut down.

Another, backed by Airbus, JetBlue, and GE Aerospace, that was working on using hydrogen to power planes went bust.

Chevron, BP, and Shell, meanwhile, are scaling back projects that make biofuels from cooking fats, oils, greases, and plant material.

“The excitement of the early days has not lived up to the hype,” said Andy Marsh, chief executive of Plug Power, a startup that recently opened one of the country’s first plants making green hydrogen, a potential replacement for fossil fuels in industries such as steelmaking and chemical production.

Shares of Plug Power have tumbled more than 90% since the passage of the U.S. climate law two years ago. Shares of biofuels startup Gevo, where Marsh is a board member, are down about 80% in that span.

The failures and delays are all but extinguishing the early optimism after the climate law passed.

Rising costs have pushed out project timelines and made it more difficult for companies to raise money. The government’s delays in completing tax credits are adding to the challenges.

Without clean fuels, emissions at many companies are expected to keep climbing, threatening U.S. and global climate targets.

Industries including aviation and shipping are counting on the new fuels because wind and solar power and batteries can’t meet their huge energy needs.

Shipping company Maersk recently said it would order up to 60 new ships that could run on liquefied natural gas and bunker fuel, in part because of uncertainty about the development of green fuels.

Air New Zealand became possibly the first airline to withdraw its 2030 emissions target, citing the limited availability of alternative jet fuels.

“It’s really challenging to get new technology to do what the fossil-fuel industry has been doing for 80-plus years,” said Jimmy Samartzis, CEO of LanzaJet, a startup backed by Shell, Southwest Airlines, and Microsoft.

LanzaJet will soon start production at a Georgia plant, one of the first for sustainable aviation fuel in the U.S. Construction ended up being a lot more expensive than the company expected.

The company’s fuel, which is made from ethanol, costs about twice as much as conventional jet fuel without subsidies.

At United Airlines, one of the biggest backers of biofuel and hydrogen startups, the pace of investments has slowed this year.

That reflects policy uncertainty going into the November presidential election and cash-flow and fundraising challenges for many companies, said Andrew Chang, managing director at United’s venture arm.

“If you can’t find money, there is nothing to talk about,” he said.

Many clean-fuel projects have become money pits, in part because of the great amounts of power they need. High interest rates, supply-chain disruptions, and expensive power-grid upgrades have driven up electricity prices.

Clean-fuel producers are also competing for renewable electricity with big technology companies that operate artificial intelligence data centers and can often pay higher prices for power.

“The only way to fix it is by lowering the cost of green electricity,” said Andrew Forrest, one of the most vocal advocates of hydrogen.

Forrest, the billionaire founder of Australian iron-ore giant Fortescue, said his company’s 2030 hydrogen production target now looks unrealistic. Fortescue is planning to produce its clean power to make hydrogen in Australia and is considering doing the same in Arizona.

In the U.S., the slow rollout of domestic subsidies and weak demand is pushing Plug Power and competitors such as Electric Hydrogen to expand overseas, upending expectations from when the climate law passed.

Read rest at WSJ

  • Truth
  • Twitter
  • Facebook
  • LinkedIn
  • Gettr
  • Threads
  • gab-logo Gab
  • Mastodon
  • Buffer
  • Telegram
  • Email
  • Copy Link
  • Share Using More Networks…
Share via
  • Facebook
  • Like
  • Twitter
  • Pinterest
  • LinkedIn
  • Digg
  • Tumblr
  • VKontakte
  • Print
  • Email
  • Reddit
  • Buffer
  • Love This
  • Weibo
  • Pocket
  • Xing
  • Odnoklassniki
  • WhatsApp
  • Meneame
  • Blogger
  • Amazon
  • Yahoo Mail
  • Gmail
  • AOL
  • Newsvine
  • HackerNews
  • Evernote
  • MySpace
  • Mail.ru
  • Viadeo
  • Line
  • Flipboard
  • Comments
  • SMS
  • Viber
  • Telegram
  • Subscribe
  • Skype
  • Facebook Messenger
  • Kakao
  • LiveJournal
  • Yammer
  • Edgar
  • Fintel
  • Mix
  • Instapaper
  • Copy Link
  • Truth
  • gab-logo Gab
  • Gettr
  • Baidu
  • Mastodon
  • Threads
  • Bluesky

Join our list

Subscribe to our mailing list and get interesting stuff and updates to your email inbox.

Thank you for subscribing.

Something went wrong.

We respect your privacy and take protecting it seriously

Related Posts

Energy

MISO Ignored Warnings Before Holiday Blackout Left Blue City In The Dark

May 27, 2025
Energy

GOP’s Big, Beautiful Bill Would Rescind $500 Billion In Green Energy Handouts

May 26, 2025
Agriculture

How Climate Buzzwords Hijacked The Language To Hide Environmental Harm

May 26, 2025

Comments 1

  1. Spurwing Plover says:
    9 months ago

    So just when will all those Climate Change advocates be giving up their Private Jets and how about peddle powered plane like the Gossamer Condor and Gossamer Albatross

Stay Connected On Social Media

gab-logo

Donate Today

Beating back the alarmist narrative takes time and money. Please donate today to help!

Recent Posts

  • new orleans blackoutMISO Ignored Warnings Before Holiday Blackout Left Blue City In The Dark
    May 27, 2025
    Nearly 100,000 lost power in New Orleans after MISO cut the grid, raising alarm over blackout risk tied to green energy replacing coal and gas. […]
  • protest FFF world on fire‘Doomed From Birth’: How Climate Alarmism Is Stoking An Epidemic Of Youth Anxiety
    May 26, 2025
    Hollywood heirs like Ramona Sarsgaard and Violet Affleck are spiraling into climate panic—fueled by activism, media hype, and elite institutions. […]
  • Biden touting green economyGOP’s Big, Beautiful Bill Would Rescind $500 Billion In Green Energy Handouts
    May 26, 2025
    The House-passed BBB would repeal $500B in green handouts, slash subsidies, and undo key parts of the inaptly named Inflation Reduction Act. […]
  • humpback whale ny coastHow Climate Buzzwords Hijacked The Language To Hide Environmental Harm
    May 26, 2025
    Climate buzzwords like ‘carbon footprint’ and ‘green energy’ mislead the public and mask real environmental damage. […]
  • north sea oil rigTrump Urges UK To Cut Sky-High Bills With More Drilling, Less Renewables
    May 23, 2025
    Trump urged the UK to slash sky-high energy bills by expanding oil and gas drilling, embracing fracking, and ditching costly renewables and imports. […]
  • Ocean waves near pierMeteorologist Slams CNN For Stoking Debunked Fears Of A Collapsing AMOC
    May 23, 2025
    CNN pushes debunked AMOC collapse claims to fuel coastal flooding and economic panic—ignoring data, expert doubts, and real insurance cost drivers. […]
  • NY Times headline screencapNYT Decries NOAA Staffing Cuts While Ignoring Altered Temperature Records
    May 23, 2025
    NYT highlights Trump rollback of climate programs, but skips over NOAA’s temp data tampering and holes in the climate crisis narrative. […]
  • gavin newsom joe bidenSenate Strikes Down California EV Mandate In Blow To Biden’s Climate Agenda
    May 23, 2025
    Senate overturns California EV mandate, striking down one of Biden’s final climate moves in a blow to draconian green energy rules. […]
  • mountain wind turbinesOregon Ranks Near The Bottom In Rolling Out Its Green Energy Schemes
    May 22, 2025
    Oregon’s green energy push is more talk than action—marked by failing wind turbines, oil leaks, risky offshore plans, and stalled climate policies. […]
  • electric truck chargingThreatened With Legal Action, Calif. Makes U-Turn On Electric Truck Mandate
    May 22, 2025
    California repeals its electric truck mandate after legal pushback from 17 states, raising questions about nationwide emissions and vehicle standards. […]

Get Instant Email Notifications

Enter your email address to receive notifications of new posts by email either instantly or daily. Check your Junk folder for any verification emails upon subscribing.

Submit a tip

Please enter your email, so we know you're human.

Books We Like

very convenient warming

exposing great lie

Have a suggestion? Let us know! We swap out books based on your input. We participate in the Amazon Services LLC Associates Program. See here.

  • About
  • Privacy Policy
  • Contact Us

© Portions copyright Climate Change Dispatch

Share via
  • Threads
  • gab-logo Gab
  • Mastodon
  • Buffer
  • Telegram
  • Email
  • Copy Link
  • Share Using More Networks…
No Result
View All Result
  • Home
  • Videos
  • Who We Are
  • Facts Vs. Fearmongering
    • Real science vs Junk Science
      • 1100-plus Peer-Reviewed Studies
      • 97% – Myth of the Climate Change Consensus
      • Michael Crichton: Aliens Cause Global Warming
      • Climate change and its causes
      • Climate Science Primer
      • CO2 is not pollution
      • Deceptive Surface Temperature Records
      • Editorial: Great Global Warming Hoax
      • Rules for Climate Radicals: Part 1
      • Rules for Climate Radicals: Part 2
      • Rules for Climate Radicals: Part 3
      • Why CO2 Is A Minor Player In Global Climate
      • Why Politicized Science Is So Dangerous
    • Facts Not Fear
      • A Simple Question For Climate Alarmists
      • Climate Change – The Facts
      • Climate Change Fears Are Empirically Baseless
      • Global Warming 101
      • Global Warming Q&A
      • Understanding The Medieval Warm Period
      • Ocean Cycles and Climate
      • Overview of Plate Climatology Theory
      • Precautionary Principle
      • Should We Celebrate Carbon Dioxide?
      • The Skeptics Handbook
      • Weather Versus Climate
      • Why I’m a GW skeptic
      • Winning the climate debate with facts
      • Why Aliens Cause Global Warming
    • Greenhouse FAQs
      • CO2, Plants, & Industry
      • How much have temps changed?
      • How much have temps changed?
      • How much have temps changed?
      • Is global warming real?
      • Measuring temperature
      • Swimming in CO2?
      • Scientists urge caution?
      • Today’s warming trend
      • Variations in temperature
    • Gore’s Greatest Goofs
      • Deconstructing the Truth
      • Fact-Checking Al Gore’s Latest Predictions
      • How Gore Created The Global Warming Hoax
    • Inside Real Climate
      • Closer look at the 97% Consensus
      • GW’s Amazing Story
      • IPCC gets failing grade
      • Real Climate Exposed!
      • Truth about Real Climate
      • We’ve Been Conned
      • What is there a 97% consensus about?
    • Behind the IPCC
      • 1,000 Scientists Dissent
      • Climategate: Caught Green-Handed!
      • Climategate Inquiries
      • Climategate Inquiries 2
      • NIPCC Report Now Available
      • Understanding the Climategate Inquiries
  • Submissions
  • Contact Us

© 2025 Climate Change Dispatch