Tech investors see bugs as a big business as Ÿnsect raises $125 million

A company using advanced technologies to grow and harvest mealworms (larval beetles) at scale is on track to become one of the venture capital industry’s oddest billion dollar investments. Ÿnsect, (pronounced ‘insect”) is a Paris-based producer of insect protein that has just closed on $125 million as the company looks to expand into North America […]

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Starting with data centers, Carbon Relay is slashing energy costs and emissions using AI

Taiwanese technology giant Foxconn International is backing Carbon Relay, a Boston-based startup emerging from stealth today, that’s harnessing the algorithms used by companies like Facebook and Google for artificial intelligence to curb greenhouse gas emissions in the technology industry’s own backyard — the datacenter. Already, the computing demands of the technology industry are responsible for […]

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First buses, now Shenzhen has turned its taxis electric in green push

Roads in a Chinese city have gotten much quieter in recent years. Shenzhen, widely called the Silicon Valley of hardware, has been pouring resources to phase out rattling diesel vehicles chugging through the city of 12 million people. All public buses in the city went electric by the end of 2017. Taxis soon followed suit. […]

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New U.S. report says that climate change could cost nearly $500 billion per year by 2090

A new report from the U.S. government on the impacts of climate change on society indicates that unless action is taken, climatological events could cost the country nearly half a trillion dollars annually by 2090. The National Climate Assessment is a congressionally mandated report on the impacts of climate change and was culled from the work […]

View More New U.S. report says that climate change could cost nearly $500 billion per year by 2090

The first-ever U.S. fee on carbon is defeated, and Big Oil might be to blame

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Washington voters have likely defeated what would have been the United States’ first-ever fee on carbon pollution.

Although votes are still being counted, on Tuesday night The Seattle Times reported that after officials tallied nearly 2 million votes from all the state’s precincts, 56 percent of voters opposed Initiative 1631 — the Carbon Emissions Fee Measure — which makes it exceedingly unlikely the law will pass. 

If it did pass, the fee would have raised an estimated $2.3 billion in its first five years by leveling a fee on the state’s largest carbon emitters.

The defeated proposition faced unprecedented financial opposition from Big Oil, which organized a formidable campaign sponsored by the Western States Petroleum Association, an influential petroleum trade group. Read more…

More about Science, Washington State, Climate Change, Carbon Emissions, and Greenhouse Gas Emissions

View More The first-ever U.S. fee on carbon is defeated, and Big Oil might be to blame

Why Trump’s EPA wants to kill the nation’s most ambitious climate change plan

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After President Donald Trump called coal “indestructible” last week while also expressing concern for the number of birds killed by wind turbines, it was all the more evident that the Clean Power Plan — the Obama-era strategy intended to dramatically slash America’s reliance on coal-generated electricity — was in hot water. 

Tuesday morning, U.S. Environmental Protection Agency (EPA) Acting Administrator Andrew Wheeler, a former coal lobbyist, announced a strategy dubbed the “Affordable Clean Energy” rule, or ACE,  to completely replace the Clean Power Plan. 

The ACE rule is specifically designed to keep the American coal industry, which has been in significant decline for over a decade, afloat.  Read more…

More about Science, Global Warming, Donald Trump, Climate Change, and Greenhouse Gas Emissions

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