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

DeSmogBlog

The project’s supporters assert diverting the river to its historic path and unleashing the power of nature will result in the creation of 21 square miles of new submerged land in the basin’s wetlands over the next 50 years. And HDR has done extensive work on the project for the CPRA and is also a client of Emergent Method.

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

DeSmogBlog

billion “Clean Energy Complex” to manufacture blue hydrogen and an accompanying carbon capture and sequestration (CCS) project, that would be operational by 2026. More broadly, backers of hydrogen energy and CCS tend to see environmental advocates as obstacles to these technologies.

Carbon 98
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Online Event - VERGE Energy Conference

Green Market Oracle

VERGE Energy Conference (VERGE 20) will take place on October 26-30, 2020. This online event can be attended from anywhere, The central theme at VERGE 20 will focus on how energy systems can be decarbonized, decentralized, digitized and democratized. Climate change is the most significant global threat we face today.