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Why investors are putting biodiversity on the balance sheet

GreenBiz

Last summer, the investment arm of northern Europe’s largest financial services group dropped Brazilian meat giant JBS from its portfolio. The exclusion of JBS is quite dramatic for us because it is from all of our funds, not just the ones labelled ESG," Eric Pedersen, Nordea’s head of responsible investments, told The Guardian. .

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? CTVC’s guide to NYCW #163

Climate Tech VC

In the news this week, $7T for fossil fuel subsidies, the summer brings more tropical storms, and Equinor opens the world’s largest floating wind farm… to power oil drilling. for Northvolt to build energy storage, $100M for direct lithium extraction, and $60M for heat batteries. Thanks for reading!

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Critics Question the Climate Crisis Benefits of Deep Seabed Mining

DeSmogBlog

While commercial mining of the deep seafloor is not yet happening, momentum is building and the world is now seriously entertaining the possibility. To vacuum up these treasured chunks requires industrial extraction by massive excavators. In June, Nauru took the first step in launching the industry.

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Why investors are putting biodiversity on the balance sheet

AGreenLiving

Last summer, the investment arm of northern Europe’s largest financial services group dropped Brazilian meat giant JBS from its portfolio. Until very recently, investor demands regarding environmental impact largely have focused on the climate crisis and greenhouse gas emissions. Subscribe here.

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Rising groundwater levels are threatening clean air and water across the country

Grist

Most often, climate change is associated with a decrease in groundwater, fueled by worsening drought and evaporative demand. They think that building a levee is going to protect them from rising seawater. They can also enter directly through cracks in building foundations.

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The Battle to Stop Air Products’ Carbon Capture Project at Lake Maurepas Grows

DeSmogBlog

Air Products, a global hydrogen manufacturing company, is proposing to build a $4.5 billion “Clean Energy Complex” to manufacture blue hydrogen and an accompanying carbon capture and sequestration (CCS) project, that would be operational by 2026. Credit: Julie Dermansky Spoonbill in a wildlife management area, next to Lake Maurepas.

Carbon 98
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A Push to Expedite Permits Fueled by Disaster Capitalism Threatens to Fastrack the Climate Crisis

DeSmogBlog

Coast Guard for floating LNG projects off Grande Isle, Louisiana , were moderated by third-party contractors who offer permit expediting services for industry. Two scoping hearings I attending this year held by the U.S. Federal and state trustees approved $2.26 Trandahl’s salary and compensation in 2022 exceeded $1.5 million.