The US firm ZeroAvia is one step closer to bringing its zero emission electric aircraft to market, powered by hydrogen fuel cells.
security and to meet our legally binding commitment to achieve net zero by 2050,” explained the UK government in an update to its hydrogen strategy last summer., which builds on ZeroAvia’s previous work with the UK government and other stakeholders.
ZeroAvia has attracted interest from A-list private sector investors as well. By December of 2021 the company raised a total of $115 million from, Alaska Air Group, Amazon’s Climate Pledge Fund, Breakthrough Energy Ventures, and Shell Ventures as well as Horizons Ventures and Summa Equity. Last July, Barclays Sustainable Impact Capital, NEOM, AENU, and International Airlines Group chipped in an additional $30 million in Series B funding.Against the backdrop of strong investor interest in electric aircraft, policy makers in the US Republican party continues to double down on, alleging that investing in fossil free technology is an unethical business practice that harms shareholders.
That may seem odd, considering that the Republican party has enjoyed a generations-long reputation as a friend of capitalism. However, much has changed within the past couple of years. Nowadays, the only business Republican policy makers seem friendly with isIt’s not just campaign rhetoric.
run headlong into a GOP movement exploiting social and cultural issues to fire up conservatives,” observed reporter Laura Davison of
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
50, 100 & 150 Years Ago: January 2023Hydrogen power; alcohol from moss
Read more »
A Mining Company Is Using Hydrogen Power in Its Trucks, Cutting CO2 EmissionsUS-based mining company Anglo American experiments with hydrogen-fueled mining trucks to tackle excessive CO emissions caused by mining trucks.
Read more »
The 15 Cars We Can't Wait to Drive Next Year2023 promises to be an interesting year for new cars.
Read more »
Yellowstone Season 5 Fans Furious About Long Wait for ReturnYellowstone returned from its brief holiday break on Sunday night to air 'No Knife and No Coin,' [...]
Read more »
Here are nine NYC shows we can't wait to see this springYou never know what'll hit or miss — but you can look at who wrote the script and score, and who's directing and starring. Here's what Jeff Lunden is keeping his eye on, both on and off-Broadway.
Read more »