Curated daily by our industry experts. Stay informed on how climate tech is colliding with the real estate industry with these important headlines
The Guardian
Pure Planet, a renewable energy firm that was backed by the oil company BP, and Colorado Energy, have become the latest energy suppliers to collapse under the weight of soaring gas prices.
The Verge
This decade could see the beginning of the end of fossil fuels’ dominance as a source of energy, according to a new report from an agency that was formed to safeguard the world’s oil supply. It’s the latest signal that the global energy economy is on the verge of a dramatic transformation.
TechCrunch
The math is pretty basic. How many satellites are going to go up over the next decade? How many solar panels will they need? And how many are being manufactured that fit the bill? Turns out the answers are: a lot, a hell of a lot and not nearly enough. That’s where Regher Solar aims to make its mark, by bringing the cost of space-quality solar panels down by 90% while making an order of magnitude more of them. …
The Verge
Offshore wind farms could be coming to nearly every coastline along the continental US. Interior Secretary Deb Haaland today announced plans to auction off leases to developers for up to seven new areas by 2025. That includes waters in the Gulf of Mexico, Gulf of Maine, Central Atlantic, New York Bight (between Long Island and New Jersey), and off the coasts of Oregon, California, and the Carolinas. …
Washington Post
The White House is trying to salvage Democrats’ signature climate policy for the power sector amid opposition from Sen. Joe Manchin III (D-W.Va.) and uncertainty about the Senate parliamentarian, according to four people close to the negotiations.
The Guardian
The enormous, unprecedented pain and turmoil caused by the climate crisis is often discussed alongside what can seem like surprisingly small temperature increases – 1.5C or 2C hotter than it was in the era just before the car replaced the horse and cart.
Crunchbase News
As a serial entrepreneur, Diego Saez Gil is used to pitching ambitious startup ideas and getting turned down. So he was prepared for some rejection with his latest venture, Pachama, a developer of satellite data-enabled technology to monitor reforestation projects for carbon emissions offsets.
TechCrunch
Planet-positive venture capital firm At One Ventures closed on its Fund I, aimed at injecting $150 million into startups that are innovating in the technical hardware space and specializing in environmentally positive technology.
Wired
As you might have heard, the UK is now just weeks away from hosting COP26. The annual United Nations climate conference (or Conference Of the Parties, COP) is set to take place in Glasgow from 31 October to 12 November. The stakes for this particular conference are particularly high – in fact, many consider it the most important COP since 2015, when the Paris Agreement was adopted.
Wired
When Hurricane Ida made landfall in August, it buffeted NASA’s Michoud Assembly Facility in New Orleans with rain and strong winds and shut down power in the area, forcing the site to run on generators. No one was injured, and no parts of the Space Launch System rockets, which are manufactured there and are planned for later moon missions, were affected. But more climate-intensified storms will surely come. …
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