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Maine Signals Readiness for Commercial-Scale Floating Offshore Wind

Energy and Cleantech Council

Late last month, the State of Maine published the final version of its Maine Offshore Wind Roadmap , which sends a strong, positive market signal that the state is increasingly ready for commercial-scale floating offshore wind development in the Gulf of Maine. The state’s executive branch has not yet weighed in on the draft procurement bill.

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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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Maine Offshore Wind Roadmap Expected in Early 2023; Here’s Why the OSW Industry Should Take Note

Energy and Cleantech Council

Maine’s offshore wind energy potential is ranked seventh in the nation, with more than 411 TWh/yr of offshore resource-generating potential. Bureau of Ocean Energy Management (BOEM) for a proposed floating offshore wind research array. In 2021, the State of Maine submitted a research lease application to the U.S.

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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. They also worry that the mining may be counterproductive in relation to climate change because it may in fact diminish the ocean floor’s distinct carbon sequestration capacity.

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Why investors are putting biodiversity on the balance sheet

AGreenLiving

A decade of pressure on companies to report on and reduce their contribution to climate change has created something of a blueprint for investors to demand the same in terms of the separate but interconnected biodiversity crisis. “It is a positive step, but we have to see the detailed evidence in practice.”

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Price and provenance: Does the UK have an appetite for eco-labels on food?

Business Green

Business interest in plant-based food is growing, but many consumers are still in the dark over the environmental sustainability of their eating habits. There can be little doubt diets are steadily changing in the UK. Meanwhile, businesses are themselves grappling how to drive sustainable behaviour change.

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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. These three communities, profiled below, demonstrate the risks that other parts of the country may soon face as climate change alters a system long taken for granted.