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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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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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? 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.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🔋 Renewables + storage turned out to be price competitive against fossil fuels after Lazard’s Levelized Cost of Electricity analysis included intermittency costs for the first time. Disaster seemed to be everywhere.

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'Get ahead of the game now': Could the UK become a leader in carbon removals technology?

Business Green

National Infrastructure Commission urges government to act quickly to drive development of first wave of BECCS and DACS plants, arguing carbon removals will be a cornerstone of the UK's future economy. Calls for the UK to start scaling up negative emissions technology are becoming shriller.

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'Milestone': Nations agree non-binding 2050 net zero target for international air travel

Business Green

Aviation industry hails first ever long-term climate goal for sector, but green groups remain sceptical over credibility of new target. Nor does it include any aspirations to reduce demand for flights in order to drive emissions reductions, or specific pledges to ramp up development of low carbon aircraft or negative emissions technologies.

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From fiction reality: Could people ever embrace a ban on flying?

Grist

.” — a passage from “ Cabbage Koora ,” by Sanjana Sekhar The spotlight Nearly 4 in 5 people support doing “whatever it takes” to mitigate climate change, according to a survey published late last year by the firm Potential Energy. Another aspect of that future is limiting carbon-intensive forms of travel.