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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! Not a subscriber yet?

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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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Critics Question the Climate Crisis Benefits of Deep Seabed Mining

DeSmogBlog

These critics worry whether the ships doing this mining will dump back into the sea the huge amounts of toxic-waste and sediments produced by grinding up and pumping the rocks to the surface, impacting larger fish further up the food chain such as tunas and contaminating the global seafood supply chain. .

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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. Armenta wants to see better monitoring, and they also want to see the toxic sites remediated. As Earth warms, groundwater — long seen as an immutable resource — is in flux.

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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. Lake Maurepas at sunrise.

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