"The ribbon-cutting event drew attendance from U.S. Agriculture Secretary Tom Vilsack and Department of Energy officials, as well as the company’s top financial backers. The Microsoft Climate Innovation Fund invested $50 million and Bill Gates’ Breakthrough Energy awarded a $50 million grant, both in 2022, to support construction of the first-of-a-kind facility."
“Alternative, market-based risk models are cropping up in parts of the country to better assess the risk and deploy fire- suppression resources where they’re needed most. When the risk is accurately assessed, it should incentivize more prescribed burns, timber harvesting, and installation of fire- resistant materials on homes and other buildings. But even then, it is challenging because most often reducing the fuel load is out of the hands of the home or business owner.”
The Economist’s 2024 Sustainability Week offers a chance to gain unique insights and strategies for how firms meet consumers’ needs, boost productivity, and meet sustainability goals.
“We’re believers that there’s no comprehensive solution to climate change without major changes to the agricultural system. There will be multiple unicorn-level outcomes as companies begin reshaping the $7 trillion food industry while removing gigatons of carbon from the atmosphere. For those startups and investors fortunate enough to remain standing now, the ag industry just got a lot riper for disruption.”
“From an emissions perspective, incremental improvements to recycling rates may yield bigger gains than attempts to cut consumption, and some materials have a bigger recycling benefit than others."
Saijel Kishan and Alastair Marsh of Bloomberg report that nuclear energy is going to be a major part of Duke Energy’s plan moving forward. “Nuclear energy is a key part of Duke Energy Corp.’s plan to eliminate carbon emissions by 2050, according to CEO Lynn Good. As the company moves to retire coal-fired power plants,...
“Chinese President Xi Jinping on Saturday pledged to cut carbon emissions per unit of economic output by over 65% by 2030 and boost the share of nonfossil fuels in energy consumption to roughly 25% by then.”
“A team of researchers at the University of Oxford have revealed what they say is a cost-effective and efficient way of producing jet fuel from carbon dioxide, offering hope that one day vacationers might be able to jet off abroad without the cost—and associated guilt—of a hefty carbon footprint.”
“BNEF says that companies, governments and households invested $303.5 billion in new renewable energy capacity in 2020, up 2% on the year, helped by the biggest-ever build-out of solar projects and a $50 billion surge for offshore wind. They also spent $139 billion on electric vehicles and associated charging infrastructure, up 28% and a new record.”
“While such decisions are undoubtedly popular with radical environmentalists and their well-funded allies, it is hard to see how they — or anyone likely to follow them — will achieve the reductions in CO2 emissions necessary to make any difference to the climate."
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