80. IRA first anniversary, the folly of DAC, CATL, VinFast, Russian Uranium
Every Sunday, Laurent and Gerard debrief the main news in the Energy Transition. On the menu:- Inflation Reduction Act celebrates its first anniversary. Glass 60% full- Direct Air Capture has the best lobbyists, but is dreadful (see below for additional material)- CATL leaps ahead - 400km charge in 10mns!!!!- EV SPACs. Not a great track record.- From Russia with love: Uranium, caviar and vodka. Which of these 3 is not sanctioned?Excellent papers on Direct Air Capture:Michael Barnard: https://cleantechnica.com/2023/08/16/carbon-engineering-was-always-a-figleaf-for-fossil-fuel-industry-now-its-owned-outright-by-them/Paul Martin: Why Direct Air Capture Sucks (and not in a good way!) https://www.linkedin.com/pulse/why-direct-air-capture-sucks-good-way-paul-martin