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Sparks

ExxonMobil Is Getting into Lithium

Ready or not, here comes Mobil Lithium.

An Exxon sign.
Heatmap Illustration/Getty Images

ExxonMobil on Monday announced plans to produce lithium in an area of southern Arkansas known for its vast deposits of the mineral, a key material in the manufacture of electric vehicle batteries. The company aims to begin producing battery-grade lithium in 2027 in a 120,000-acre area known as the Smackover formation, “using conventional oil and gas drilling methods” from depleted oil wells. The ore would then be processed nearby, and sold as, imaginatively, Mobil Lithium.

An oil company’s desire to, in its words, “supply the manufacturing needs of well over a million EVs per year” by 2030 might seem akin to, well, a cigarette company getting into the vaping business. As Dan Becker of the Center for Biological Diversity told The New York Times, “[Lithium production is] an infinitesimal fraction of what Exxon does and most of what it does is dreadful.” But, he added, “we do need lithium, and it’s better that it comes from a spoiled industrial site where oil drilling used to take place than from a pristine place.”

ExxonMobil’s announcement comes just weeks after its $60 billion acquisition of Pioneer Natural Resources, a deal that will allow it to produce 2 million barrels of oil per day in the Permian Basin, the rich oil field stretching from west Texas to eastern New Mexico. As Heatmap’s Matthew Zeitlin noted at the time, ExxonMobil is also investing heavily in carbon-capture infrastructure and a Texas hydrogen plant. As it continues to expand across the southern United States, with ventures both clean and extremely dirty, ExxonMobil seems to be hedging its bets against an unpredictable energy future.

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Sparks

The Solar Industry Is Begging Congress for Help With Trump

A letter from the Solar Energy Industries Association describes the administration’s “nearly complete moratorium on permitting.”

Doug Burgum and Donald Trump.
Heatmap Illustration/Getty Images, Library of Congress

A major solar energy trade group now says the Trump administration is refusing to do even routine work to permit solar projects on private lands — and that the situation has become so dire for the industry, lawmakers discussing permitting reform in Congress should intervene.

The Solar Energy Industries Association on Thursday published a letter it sent to top congressional leaders of both parties asserting that a July memo from Interior Secretary Doug Burgum mandating “elevated” review for renewables project decisions instead resulted in “a nearly complete moratorium on permitting for any project in which the Department of Interior may play a role, on both federal and private land, no matter how minor.” The letter was signed by more than 140 solar companies, including large players EDF Power Solutions, RES, and VDE Americas.

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Blue
Sparks

Catherine Cortez Masto on Critical Minerals, Climate Policy, and the Technology of the Future

The senator spoke at a Heatmap event in Washington, D.C. last week about the state of U.S. manufacturing.

Senator Cortez Masto
Heatmap

At Heatmap’s event, “Onshoring the Electric Revolution,” held last week in Washington, D.C. every guest agreed: The U.S. is falling behind in the race to build the technologies of the future.

Senator Catherine Cortez Masto of Nevada, a Democrat who sits on the Senate’s energy and natural resources committee, expressed frustration with the Trump administration rolling back policies in the Inflation Reduction Act and Infrastructure Investment and Jobs Act meant to support critical minerals companies. “If we want to, in this country, lead in 21st century technology, why aren’t we starting with the extraction of the critical minerals that we need for that technology?” she asked.

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Green
Sparks

COP30 Is on Fire

Flames have erupted in the “Blue Zone” at the United Nations Climate Conference in Brazil.

A fire at COP30.
Screenshot, AFP News Agency

A literal fire has erupted in the middle of the United Nations conference devoted to stopping the planet from burning.

The timing couldn’t be worse. Today is the second to last day of the annual climate meeting known as COP30, taking place on the edge of the Amazon rainforest in Belém, Brazil. Delegates are in the midst of heated negotiations over a final decision text on the points of agreement this session.

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