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Necessity or distraction? How carbon capture and negative emissions debates are starting to heat up

Business Green

Greenpeace, Friends of the Earth, and Global Witness have all raised concerns about the creeping reliance on unproven carbon removal methods in companies' decarbonisation strategies, but some scientists maintain carbon capture is essential if net zero goals are to be met.

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Cheap Wind and Solar Should Prompt ‘Rethink’ on Role of CCS, Paper Argues

DeSmogBlog

The falling cost of wind and solar power significantly reduces the need for carbon capture and storage technology to tackle climate change, a new paper has argued. Cheap, abundant renewable energy reduces the value of CCS in all areas.”. by the end of the century. Renewables. The Right Kind of CCS’.

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The government’s new ‘Earthshot’ — making it cheap to suck CO2 out of the atmosphere

Grist

government has a new goal to make it much cheaper to suck carbon dioxide out of the air. Today, we know how to generate clean electricity from the sun, wind, water, and the latent heat beneath the Earth’s surface. The Carbon Negative Shot is the third program in the Earthshots series.

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How can the world kick its oil habit?

Mr. Sustainability

Don’t agree on the assessment or the different pathways to get rid of fossil fuels? This is a review of an article from the Financial Times , which first appeared in February 2020 just before the fossil fuel industry had its worst year ever. Our usage has jumped 62 per cent over the course of a few decades — up from 61.6

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If the world wants a green recovery, it must commit to innovation

Business Green

Negative emissions technologies are critical for the earth’s climate and hitting net zero in the UK, argues Drax CEO Will Gardiner. But it's vital we don't lose sight of long-term climate and energy challenges and the vital sustainability targets that must solve them. Going net negative. Work remains to be done.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  for grid enhancements and $7B for hydrogen fuel hubs. Proterra, the dominant electric bus maker, was just one high profile example.

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. In new funds, energy transition infrastructure is bringing in the big bucks with Brookfield's record-breaking $28B infra fund and Antin's $1.2B sustainable infra fund.