Welcome to last week’s edition of the CBKNY’s Weekly News Highlights.
We bring you the latest updates, insights, and innovations in the world of climate technology. Here's what made headlines last week.
- London Borough Showcases Eco-Friendly Modular Homes | March 12, 2025 - SmartCitiesWorld A London borough is leading the way in sustainable housing with the introduction of modular homes designed to reduce carbon footprints and accelerate construction. The initiative reflects the growing push for eco-friendly urban development. 🔗 Read more
- Energy Secretary Defends Fossil Fuel Phaseout Amid Climate Challenges | March 10, 2025 - The New York Times U.S. Energy Secretary Jennifer Granholm reaffirmed the Biden administration’s commitment to transitioning away from fossil fuels while addressing concerns over economic stability and energy security. The remarks come as climate policies face mounting political and industry pushback. 🔗 Read more
- Plant-Based Meat Sales Struggle Despite Big-Brand Investments | February 27, 2025 - Green Queen Major food companies, including Unilever, Nestlé, and Quorn, are experiencing slowing demand for plant-based meat alternatives, raising concerns about long-term market growth. While sustainability remains a key driver, shifting consumer preferences and economic pressures are affecting sales. 🔗 Read more
- Walmart Pushes Forward on Plastic Reduction Goals | March 13, 2025 - ESG Dive As part of its broader sustainability strategy, Walmart is ramping up efforts to cut plastic waste in its packaging. The initiative aligns with global regulatory trends and consumer demand for more sustainable products, though supply chain challenges persist. 🔗 Read more
- SEC Rules Banks Must Consider Climate & Social Proposals | March 14, 2025 - ESG Dive The U.S. Securities and Exchange Commission (SEC) has ruled that major banks cannot exclude shareholder proposals addressing climate change and social responsibility. The decision is expected to put additional pressure on financial institutions to strengthen their ESG commitments. 🔗 Read more
- Climate Tech May See Boost Under Trump Policies | March 12, 2025 - Cipher News While many fear a rollback of climate policies under a potential Trump administration, certain technologies like carbon capture, nuclear energy, and hydrogen could see increased investment. The energy sector is preparing for shifting political dynamics ahead of the 2024 election. 🔗 Read more
- Renewable Energy Costs Continue to Decline | March 12, 2025 - Cipher News The costs of solar, wind, and battery storage continue to drop globally, making renewable energy more competitive than ever. The downward trend is fueling a stronger transition to clean power, despite policy and market uncertainties. 🔗 Read more
- CERAWeek Highlights the Future of Energy Abundance | March 14, 2025 - Cipher News Industry leaders at CERAWeek 2025 explored the future of energy, with discussions focusing on advancements in renewables, hydrogen, and grid storage. The conference underscored the challenges and opportunities in balancing energy security and decarbonization. 🔗 Read more
- Chicago Adopts Time-Based Rates to Cut Peak Energy Demand | March 12, 2025 - Canary Media A new time-of-use electricity pricing program in the Chicago area is encouraging residents to shift consumption to off-peak hours. The initiative aims to lower grid strain, reduce overall energy costs, and promote cleaner power usage. 🔗 Read more
- Florida Becomes a Solar Superpower | March 11, 2025 - Canary Media Florida has emerged as a leader in the U.S. solar industry, driven by favorable policies, rising consumer demand, and increased investments in clean energy infrastructure. The state’s rapid solar expansion is positioning it as a key player in the transition to renewables. 🔗 Read more
- Chicago Community Pushes EV Adoption Despite Federal Hurdles | March 14, 2025 - Canary Media A grassroots initiative in Chicago is expanding electric vehicle infrastructure and accessibility, overcoming funding and policy setbacks. The project highlights local efforts to advance sustainable transportation despite federal policy shifts. 🔗 Read more
- Clean Energy Had a Standout 2024—Can It Keep Up the Momentum? | March 14, 2025 - Canary Media After a record-breaking year for clean energy deployment, the sector now faces the challenge of sustaining growth in 2025. Industry experts are watching investment trends, policy developments, and supply chain factors closely. 🔗 Read more
- UK’s ‘Blue Carbon’ Initiative Aims to Restore Marine Ecosystems | March 12, 2025 - BBC News The UK is ramping up efforts to restore marine ecosystems as a means of capturing carbon and combating climate change. This “blue carbon” initiative is gaining traction as part of broader nature-based climate solutions. 🔗 Read more
- Northvolt Files for Bankruptcy in Sweden | March 12, 2025 - Sifted Swedish battery startup Northvolt has filed for bankruptcy, raising concerns about the financial stability of the EV battery sector. The collapse underscores the challenges of scaling up battery production amid rising costs and supply chain hurdles. 🔗 Read more
- Climate Change Threatens Satellite Safety in Orbit | March 10, 2025 - MIT News A new MIT study warns that rising carbon dioxide levels will shrink the upper atmosphere, reducing the drag that helps remove defunct satellites. This could lead to more space debris and increase the risk of collisions. 🔗 Read more
- Clean Tech Faces Fundraising vs. Dealmaking Challenges | March 11, 2025 - Crunchbase News While climate tech startups continue to attract investment, a shift from early-stage fundraising to strategic acquisitions is reshaping the industry. Investors are becoming more selective, focusing on scalable solutions with clear profitability paths. 🔗 Read more
- Thorizon Raises €20M for Molten Salt Reactors | March 14, 2025 - Ignition News Dutch nuclear startup Thorizon has secured €20 million to develop its molten salt reactor technology, aiming to provide a safer and more efficient alternative to traditional nuclear power. The investment signals growing interest in next-gen nuclear solutions. 🔗 Read more
- UN Finalizes $200B Plan to Protect Biodiversity by 2030 | March 03, 2025 - ESG News Global leaders at a UN nature summit have approved a $200 billion plan to protect biodiversity and combat habitat loss. The agreement includes funding for conservation projects and stricter environmental regulations. 🔗 Read more
- Rio Tinto Secures 600MW Solar and Battery Deal | March 14, 2025 - ESG News Mining giant Rio Tinto has signed a deal to develop 600MW of solar and battery storage to cut emissions at its Gladstone aluminum smelter by 70%. The move aligns with growing pressure on heavy industries to decarbonize. 🔗 Read more
- Brookfield Renewable to Issue $311M in Green Bonds | March 14, 2025 - ESG News Brookfield Renewable is set to issue $311 million in green bonds to fund sustainable energy projects. The bonds are part of a broader effort to finance global clean energy expansion. 🔗 Read more
- VIPC Invests in NearStar Fusion to Advance Clean Energy | March 7, 2025 - Climate Insider The Virginia Innovation Partnership Corporation (VIPC) has invested in NearStar Fusion, a company developing nuclear fusion technology. The funding aims to boost Virginia’s role in the emerging fusion energy sector. 🔗 Read more
- Trump’s EPA Cancels $20B in Climate Funding | March 13, 2025 - Carbon Credits The Environmental Protection Agency under Trump has canceled $20 billion in climate funding, dealing a blow to clean energy projects. The move has sparked backlash from environmental groups and renewable energy advocates. 🔗 Read more
- Can Carbon Capture Keep Up with AI’s Energy Demand? | March 11, 2025 - Carbon Credits As AI-driven data centers consume increasing amounts of power, the demand for carbon capture technology is growing. Experts warn that without rapid scaling, emissions from AI infrastructure could skyrocket. 🔗 Read more
- Meta, Google, and Amazon Join Pledge to Triple Nuclear Energy | March 14, 2025 - Carbon Credits Tech giants Meta, Google, and Amazon have committed to a global initiative to triple nuclear energy capacity by 2050. The move signals increasing corporate support for nuclear as a key clean energy solution. 🔗 Read more
- Chevron Bets on Natural Gas & Carbon Capture for AI Growth | March 13, 2025 - Carbon Credits Chevron is positioning natural gas and carbon capture as key solutions for meeting the growing energy demand of AI and cloud computing. The company sees a major opportunity in supplying power to energy-intensive tech infrastructure. 🔗 Read more
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