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The (not so) green recovery: New report warns world is failing to 'build back better'

GreenBiz

For the vast majority of countries, recovery spending has been relatively low and not particularly green, according to the report, with any benefits from the greener elements contained in stimulus packages often undermined by concurrent fossil fuel and consumer-focused spending program. billion has been spent on low-carbon transport, $28.9

Packaging 370
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EU recovery package: Net zero launch pad or missed opportunity?

Business Green

As MEPs enter talks over EU Council's €1.8tr recovery package and budget deal, many key green questions remain. Indeed, the European Green Deal programme aimed at transitioning Europe to become the world's first climate neutral continent by 2050 has been a major driving force behind the pandemic recovery and budget agreement.

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New California Energy Policy Simulator Modeling Shows Major Benefits Of Early Action

Energy Innovation

This year’s Draft Scoping Plan proposes a pathway to achieve the state’s target of 40 percent emissions below 1990 levels and economy-wide carbon neutrality by 2045. . This scenario relies on already mature technologies to achieve near-term emissions reductions, as opposed to nascent technologies such as carbon removal.

Policy 52
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? Blackrock’s $550M DAC bet #174

Climate Tech VC

  In deals, major funding for transportation including $144M for Indian EVs, $33M for rare earth-free magnets, and $15M for battery recycling.  Tech-enabled credits continue to constitute a big chunk of an anticipated $1T voluntary carbon market , and Oxy is on a development frenzy.   Thanks for reading!

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European Business Groups Voice Support for New ‘Fit for 55’ Climate Agenda While Lobbying to Water It Down

DeSmogBlog

On July 14, the European Union (EU) announced a sweeping package of climate proposals that will help the continent cut greenhouse gas emissions by 55 percent by 2030, from a 1990 baseline. Some of the strongest opposition is coming from European transportation companies and their trade groups. Credit: Patrick Pekal.

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? Spinning CO2 into clothes

Climate Tech VC

We’ve spilled plenty of ink in this newsletter on carbon capture, but less on what happens after —particularly carbon-to-value. Downstream emissions result from the transportation and packaging involved in distribution, product usage itself (e.g., spinning, weaving, and knitting). incineration or landfills).

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Sustainable Facilities Forum 2023 Leadership Award Winners

Green Technology

Green Technology’s Leadership Awards aim to recognize and honor individuals, organizations, and institutions that have made significant contributions to advancing sustainability efforts and reducing carbon footprints in various sectors. The award was accepted by Joel Griffith, DGS and the O Street team.