"The Boulder, Colorado-based company raised a $50 million Series C round led by BOND, with participation from existing investors Tusk Ventures, Sequoia and Forerunner Ventures, as originally reported in Midas Touch newsletter. This brings the startup’s total funding to $78 million."
Kinder Morgan to Convert Louisiana Facility for Renewable Fuels
Upon completion of the project, Kinder Morgan’s Harvey, Louisiana facility will serve as the primary hub where Neste will store a variety of raw materials including, for example, the used cooking oil it collects from more than 40,000 restaurants across the U.S."
American Airlines Partners With Gates’ Group
"American Airlines plans to reduce its emissions in-large by using low-carbon fuel―namely SAF―in increasing volumes over time. The airline has been taking delivery of SAF from Neste for more than a year and has committed to using 9 million gallons in total through 2023. Additionally, American has agreed to terms to purchase up to 10 million gallons of carbon neutral SAF produced by Prometheus Fuels."
Bitcoin Miners Eye Nuclear Power as Environmental Criticism Mounts
"Talen Energy Corp. has entered into a joint venture with bitcoin-mining company TeraWulf Inc., which has started land development for a mining facility the size of four football fields next to its Pennsylvania nuclear plant. Nuclear generator Energy Harbor Corp. will provide power to a Standard Power mining center in Ohio starting in December."
Record $5bn donation to protect nature could herald new green era of giving
Patrick Greenfield in The Guardian writes on how a $5 billion donation is aiming to protect nature. “Last week, a group of nine philanthropic foundations made the largest ever donation to nature conservation, pledging $5bn to finance the protection of 30% of land and sea by the end of the decade.” Read the full article here.
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
"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."
Meyer Burger plans to build 400-MW capacity solar module assembly factory in U.S.
"The 400-MW U.S. plant is just a starting point, with the company stating it expects to grow into multiple gigawatts of capacity of solar modules for residential, commercial and utility-scale applications. The first iteration of the U.S. plant should be operational by the end of 2022 and employ hundreds of manufacturing workers."
Why Do ‘Fracking’ Opponents Ignore Its Moral Benefits?
"This 'affordable gas from fracking' thing saved American residential, commercial, and industrial gas users a staggering $650 billion in energy costs from 2008-2018 alone."
Laurene Powell Jobs’ $3.5 billion climate campaign
"The foundation 'will focus on initiatives and ideas that will aid underserved communities who are most impacted by climate change,' an official tells Axios."
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