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DroneSeed’s $36M A round makes it a one-stop shop for post-wildfire reforestation
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DroneSeed’s $36M A round makes it a one-stop shop for post-wildfire reforestation

Devin Coldewey on TechCrunch reports that DroneSeed has received $36 million in new funding. “DroneSeed started as a tech-powered alternative to the backbreaking work of large-scale tree planting, but this important task is only one small part of forest restoration, the infrastructure for which is being pushed to the breaking point by wildfires.” Read the...

Cargill aims to connect farmers to carbon offset buyers
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Cargill aims to connect farmers to carbon offset buyers

"With RegenConnect, Cargill has effectively decided to create its own branded marketplace instead of partnering with an outside firm. It remains to be seen whether other large food companies active on sustainability, such as Danone and General Mills, will follow Cargill’s lead and create their own marketplaces."

September 30, 2021October 4, 2021Around the Web in Economics
China Needs to Kick its Coal Habit at Home, Too
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China Needs to Kick its Coal Habit at Home, Too

It is much more important for China—the world’s biggest consumer and producer of coal—to make a similar commitment at home. China added around three-quarters of the world’s new coal plants last year, according to Global Energy Monitor. Coal-power capacity outside China has been declining since 2018, as the U.S. and Europe had retired their plants.

L’Oréal USA Achieves Carbon Neutrality Across All US Sites: Here’s How They Did It
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L’Oréal USA Achieves Carbon Neutrality Across All US Sites: Here’s How They Did It

Emily Holbrook of Energy + Environment Leader reports on how L’Oreal USA achieved carbon neutrality across all U.S. sites. “Since 2005, L’Oréal USA has been advancing its renewable energy ambition through a multi-pronged approach aimed at improving energy efficiency and transitioning to 100% renewable energy.” Read the full article here.

More than 200 companies joined a pledge to hit net-zero carbon by 2040
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More than 200 companies joined a pledge to hit net-zero carbon by 2040

Alexis Benveniste of CNN Business reports that more than 200 companies have signed on to Amazon’s Climate Pledge. “Together, the signatories of the climate pledge generate more than $1.8 trillion in total global annual revenue and have more than 7 million employees across 26 industries in 21 countries, according to Amazon (AMZN). Visa (V), Pepsi (PEP), Heineken (HEINY) and Alaska Airlines (ALK) are among the list of...

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