Getting climate, energy & environment news right.

Green steel innovator Electra scores $85M backing
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Green steel innovator Electra scores $85M backing

"Electra is planning to complete the build of its first iron ore refining pilot plant at its headquarters in Colorado next year, as it pushes forward with its broader aim to have its first commercial-scale plant up and running before the end of the decade. The firm said it is also aiming to forge additional partnerships across the entire steel value chain in order to accelerate the transition to green steel."

BP Bets Big on Biofuel
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BP Bets Big on Biofuel

"BP highlighted that it has paid four times the forecast 2027 Ebitda, but the valuation amounts to around 28 times Archaea’s 2022 figure. While that is aggressive, BP isn’t alone in expecting big growth in biofuels. Montauk Renewables, another U.S.-listed pure play, trades at an enterprise value of 22.5 times Ebitda."

Fervo Energy signs 15-year PPA with Southern California electricity provider
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Fervo Energy signs 15-year PPA with Southern California electricity provider

"Fervo Energy brings a variety of innovative technologies to the geothermal power space including horizontal drilling and distributed fiber optic sensing that it uses to deliver more reliable and cost-effective projects. This approach makes geothermal power accessible in far more places than before and dramatically increases its potential as a widespread energy source."

Drones and satellites are making better, life-saving hurricane forecasts
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Drones and satellites are making better, life-saving hurricane forecasts

"For storm intensity forecasts in particular, NOAA has been developing a new system known as HAFS — the Hurricane Analysis and Forecast System — and hopes to implement it next spring. HAFS will 'provide an operational analysis and forecast out to seven days' and allow scientists 'to see multiple storms at once to understand how they interact,' NOAA says."

PrairieFood: The Solution To Climate Change Is In The Soil
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PrairieFood: The Solution To Climate Change Is In The Soil

Erik Kobayashi-Solomon writes in Forbes about a Kansas-based sustainable agriculture startup. online pharmacy strattera for sale no prescription pharmacy “When PrairieFood ‘slurry’ is applied to agricultural fields, the organisms within the soil think they have stumbled upon an all-you-can-eat buffet. They consume the carbon and provide ‘services’ to the crops (e.g., ‘fixing’ nitrogen – taking...

EverestLabs raises $16.1M for AI that sorts recyclables
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EverestLabs raises $16.1M for AI that sorts recyclables

"EverestLabs also sells a service to monitor the existing robotic sorting machines in recycling plants with a team of engineers who track metrics like pick efficiency and accuracy. The engineers also provide maintenance assistance, which Ambati pitches as a way for operators to focus on maintaining pace with the materials they receive and process."

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