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Government’s Net Zero Strategy is a major step forward, says CCC

Envirotec Magazine

Ministers have made the big decisions – to decarbonise the power sector by 2035, to phase out petrol and diesel vehicles, to back heat pumps for homes. A credible strategy, led by Defra, and integrated with the challenges for how we use our land and our soil, is needed. And they have proposed policies to do it.

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

Grist

On Friday, at the United Nations’ climate conference, Secretary of Energy Jennifer Granholm announced her agency’s new “Earthshot Initiative” to bring the cost of removing carbon dioxide from the atmosphere and storing it securely below $100 per metric ton. We need governments to push the button of innovation here.”.

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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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Trials to suck carbon dioxide from the air to start across the UK

Grist

Degraded peatlands will be re-wetted and replanted in the Pennines and west Wales, while rock chips that absorb CO2 as they break down in soil will be tested on farms in Devon, Hertfordshire and mid-Wales. These crops would be burned for energy, with the CO2 emissions trapped and stored underground. The £30 million ($42.5

Carbon 121
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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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The war to electrify: America can do it

GreenBiz

Remember how the nation mobilized seemingly overnight for the Allied Powers 80 years ago? homes have a gas meter, feeding water heaters, cooking appliances and so on. "So Electrified technologies are already well understood and many are widely available to consumers, such as electric stovetops and heat pumps, Griffith noted.

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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.