Remove Aviation Remove Business Energy Monitoring Remove Investment Remove Methane
article thumbnail

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

Climate Tech VC

Countries and companies have also kicked off pledges to triple investments in renewables and nuclear, drive down methane emissions, and commit loss and damage funds. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs.

article thumbnail

Decade of delivery: How can businesses help keep 1.5C alive at COP26?

Business Green

The latest report from the Energy Transitions Commission has set out a roadmap for how the world can move on to a 1.5C Meanwhile, global emissions are spiralling upwards again as the economy recovers and surging fossil fuel prices are driving fears that a new wave of high carbon infrastructure investment could yet be unleashed.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Carbon offsets alone won’t make flying climate-friendly

Grist

It’s packed with energy; per unit of weight, at least 60 times as much as the lithium-ion batteries used to propel electric cars. In the presence of the sun’s rays, nitrogen molecules set of a chain of reactions that produce ozone and destroy free-floating atmospheric methane. It’s also terrible for the climate. Others warm it.

Carbon 104
article thumbnail

? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🏦 The Loans Program Office kept busy. Proterra, the dominant electric bus maker, was just one high profile example. 👻 Spooky season for clean energy stocks. 💪 Climate joined the labor movement.

article thumbnail

? Fueling carbon-free transport

Climate Tech VC

The Tank-up of Tomorrow Transportation accounts for ~16% of global GHG emissions , and while passenger vehicles have likely gone the way of EVs, cleaning up the remaining 55% of hard-to-decarbonize aviation, heavy ground transport, and maritime shipping is still—well, hard! Biofuels Bust 1.0 Engines are optimized for fossil fuels.

article thumbnail

Net Zero Banking Alliance: Most members failing to set sufficient climate goals, report warns

Business Green

ShareAction explained that comparisons are difficult due to banks setting different targets for different sectors, with only 14 of the banks having set methane targets, despite being a major source of greenhouse gas emissions. A version of this article first appeared at Investment Week.

article thumbnail

Hydrogen: UN urges policymakers to beware fossil fuel 'vested' interests

Business Green

UN backs green hydrogen as it publishes seven principles designed to guide policymakers and business leaders approach to scaling the low carbon fuel. energy sector pathway". Fossil-based hydrogen must turn to credible, independent lifecycle emissions monitoring and regulation to meet a "high burden of proof" for inclusion in 1.5C