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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! Not a subscriber yet?

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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. It announced plans to submit an application for commercial extraction on behalf of its sponsored entity, the company NORI, as early as 2023.

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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. As groundwater in West Oakland continues to rise, scientists and activists warn that more contamination will spread, and the risk of hazardous substances seeping into homes, schools, and businesses will grow.

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Why Tyson Ventures is Investing in Sustainability and the Internet of Food

AFN Sustainable Protein

What does a meat company, in the business of raising and slaughtering animals for food, do when startups start developing disruptive technologies that cut out the need for animals? In the case of leading US meat supplier Tyson Foods, it invests in them. Louisa Burwood-Taylor: What was your background before joining Tyson Ventures?

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Why Tyson Ventures is Investing in Sustainability and the Internet of Food

AFN Sustainable Protein

What does a meat company, in the business of raising and slaughtering animals for food, do when startups start developing disruptive technologies that cut out the need for animals? In the case of leading US meat supplier Tyson Foods, it invests in them. Louisa Burwood-Taylor: What was your background before joining Tyson Ventures?

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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.