Climate

Boeing has a carbon emissions problem. Startup Charm Industrial is cleaning up.

Climate /

Boeing has signed a deal with startup Charm Industrial to remove 100,000 metric tons of carbon from the atmosphere. Charm collects agricultural and forestry waste and uses heat to turn it into a product it calls “bio-oil,” a messy jumble of hydrocarbons that it injects underground, including into former oil wells. Once sequestered, Charm can […]

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Tesla Powerwall 2 recall expands to US after reports of fires

Climate /

Tesla is recalling more than 10,000 Powerwall 2 home batteries sold in the U.S. after nearly two dozen confirmed incidents of the units overheating, emitting smoke, or catching fire. The U.S. recall comes just months after Tesla recalled Powerwall 2 batteries in Australia following reports of fires.  In the Australian recall, the battery cells inside

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Kering-backed fund Mirova pours $30.5M into India’s Varaha for regenerative farming

Climate /

Mirova, the French climate-focused investment firm backed by Kering and other corporate heavyweights, has invested $30.5 million (€26.4 million) in Indian climate tech startup Varaha. This investment will help to expand the startup’s regenerative farming program, supporting hundreds of thousands of smallholder farmers in northern India. The deal marks Mirova’s first carbon investment in India,

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Chris Sacca’s VC firm is raising a second nuclear fusion fund 

Climate /

Chris Sacca’s venture firm Lowercarbon Capital is raising a second fund to back nuclear fusion energy hopefuls, the VC said at the SOSV Climate Tech Summit on Thursday, as reported by Bloomberg.   The firm has backed leading fusion startup Commonwealth Fusion Systems, as well as others like Pacific Fusion. It raised a $250 million, fusion-geared fund in 2022. Fusion believers, who include a number

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Google to buy carbon credits from massive Amazonian reforestation project

Climate /

Google announced Thursday it is buying 200,000 metric tons of carbon removal from Mombak, a forest restoration company based in Brazil. The project will buy farmland in the Amazon and reforest it. The deal was made through the Symbiosis Coalition, an advance market commitment intended to develop a market for nature-based carbon removal schemes that

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Millions to receive free electricity in 2026 thanks to Australia’s solar boom

Climate /

For years, Australians have been been installing solar panels at a rapid clip. Now, that investment is paying off.  The Australian government announced this week that electricity customers in three states will get free electricity for up to three hours per day starting in July 2026.  Solar power has boomed in Australia in recent years.

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Altman and Nadella need more power for AI, but they’re not sure how much

Climate /

How much power is enough for AI? Nobody knows, not even OpenAI CEO Sam Altman or Microsoft CEO Satya Nadella. That has put software-first businesses like OpenAI and Microsoft in a bind. Much of the tech world has been focused on compute as a major barrier to AI deployment. And while tech companies have been

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Khosla-backed Mazama taps super-hot rocks in race to deliver 24/7 power

Climate /

As grids come under strain from growing demand from data centers and EVs, geothermal startups have been racing to unlock energy that lurks deep within the Earth. Now, one startup has developed the world’s hottest geothermal well — one that harbors enough energy to power thousands of homes. Mazama Energy said today that it had

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