“Here’s more evidence the clean-tech boom is only getting bigger. Breakthrough Energy Ventures, the clean-tech venture capital fund led by Bill Gates, has raised $1 billion for a second round of investments after backing 45 startups with its first billion.”
Global investments into clean-energy technology reach record high
“Global investment in the low-carbon energy transition was $501.3 billion in 2020, up 9% from 2019 despite the pandemic driving the world into a recession.”
Pepsico Pledges Net-Zero Emissions By 2040
“To achieve its goals, PepsiCo wants to focus on sustainable agriculture using low emission fertilisers, precision technology and regenerative practices to improve soil health, biodiversity and productivity; alongside maximizing efficiency in its supply chain and adopting low or zero emission fuel transport.”
Chevron invests in carbon capture startup Blue Planet Systems
"Last year, Chevron said it was investing in nuclear fusion start up Zap Energy Inc as energy companies face increasing pressure from investors to reduce emissions, spend more on low-carbon energy and disclose the impact of their fossil fuel production on climate change."
China Quits Recycling U.S. Trash As Sustainable Start-Up Makes Strides
“If we want to get serious about recycling and move away from dependence on China for everything from solar panels to plastics and metals recycling, then the U.S. either has to build a better recycling system or make sustainable, single-use items that do not have to be part of a largely failed and filthy, global recycling mess.”
Agriculture Industry Bets on Carbon as a New Cash Crop
"Farmers, following half a decade of lean crop prices, are contemplating a possible new source of income that is less dependent on weather and agricultural commodity markets.”
Amazon To Become World’s Largest Corporate Renewables Investor
“Amazon has announced plans to invest in 26 utility scale wind and solar plants generating 3.4GW of electricity. That will bring its renewables capacity to 4GW of renewables, making it the world’s largest corporate buyer of clean energy, outstripping Facebook and Google.”
Apex Clean Energy Expands Partnership with McDonald’s
BusinessWire reports that McDonald’s has partnered with Apex Clean Energy to buy renewable energy.
US oil lobby launches program to reduce emissions from flaring of natural gas
“'This program will help the industry collectively improve operations and continue to drive down emissions,' Matthew Todd, program director of the Environmental Partnership, told the Washington Examiner."
BP takes majority stake in U.S. carbon offset firm Finite Carbon
“The firm plans to increase its renewable power capacity 20-fold by 2030 to 50 gigawatts while reducing its oil output by 40% and diverting more funds to low-carbon investments.”