US battery funding and Elon Musk’s Twitter deal nearing completion

The US is on track to spend on climate technology. Over the past year, federal action has spent hundreds of billions of dollars on energy and climate. Now, we’re starting to see some of that money actually change hands.

The Department of Energy announced about $2.8 billion in grants to companies working to manufacture battery materials and components in the US last week, joining the endless stream of announcements from manufacturing companies. electric vehicles and batteries in the US over the past few months.

But while this is an exciting first step to getting more batteries made in the US, these planned facilities are only part of a small part of the battery supply chain — and risk stealing focus. from other critical early stages of the supply chain. Read full story.

—Casey Crownhart

Casey’s story is from The Spark, her new weekly newsletter covering all things energy and climate. Register to get it in your inbox every Wednesday.

Dive into some of Casey’s most recent issues:

  • Why scientists want to help plants capture more carbon dioxide. Casey sat down with Pamela Ronald, a plant geneticist at the University of California, to hear more about her new plan to use advanced genetics to remove carbon from farmland. Read full story.
  • How hydrogen and electricity can clean up heavy industry. “Bad areas” is an increasingly widely used term when it comes to technologies designed to tackle the climate crisis. But what exactly does this term mean? Read full story.
  • Inside a battery recycling facility. Casey took a trip to Reno, Nevada, to visit a giant new battery recycling facility from Redwood Materials before opening. Read full story.

Things to read

I scoured the internet to find you today’s most interesting/important/scary/fascinating stories about tech.

Elon Musk is getting closer to buying Twitter
If the deal closes on Friday, he’ll be stronger than ever. (NYT $)
+ In his own style, Musk arrives at Twitter headquarters with a sink. (WP $)
+ He seems to have changed his mind about cutting jobs. (Bloomberg $)
+ Here’s how the deal has played out over the past 10 months. (Insiders $)

2 Meta is a mess right now
Facebook looks unhealthy and it’s still waiting for the metaverse to begin. (NY Mag $)
+ Mark Zuckerberg’s reverse gamble will continue to lose. (Bloomberg $)
+ However, he doesn’t seem too bothered about it. (Insiders $)
+ Meta’s market value has dropped by more than $65 billion. (Guardians)

3 Our appetite for fossil fuels is predicted to peak by 2035
The war in Ukraine has accelerated the transition to cleaner energy. (New Scientist $)
+ The US agency in charge of fossil fuel development has a radical new job. (MIT Technology Review)

4 Recycling EV batteries is definitely a challenge
Dedicated Gigafactories might be our best bet. (Economist $)

5 Chinese Entrepreneurs Faced with Difficult Choices
They can stay in an increasingly hostile China, or venture abroad. (WSJ $)
+ A pro-China group is clumsily trying to spread disinformation about the US election. (Wired $)
+ How false rumors about a Chinese coup spread. (MIT Technology Review)

6 Puerto Rico’s Power Grid Never Fully Recovered From Hurricane Maria
Residents are still experiencing power outages five years later. (The Verge)
+ How Google warns people about an earthquake before it happens. (Wired $)
+ Anticipate — and prepare for — the worst. (MIT Technology Review)

7 A mysterious particle appeared after a space explosion
Experts hope it could prove the existence of dark matter. (Quanta magazine)

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