AI-powered Twitter for Climate News, Top Climate Stories
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Soumya Gupta
Founder, Telborg
Inflation rate in Germany shows impact of energy prices
(February 13)
Germany's inflation rate was reported at +2.3% for January 2025, with energy prices contributing significantly to this shift. Prices for energy products decreased by 1.6% compared to January 2024, including reductions in household energy costs. The changes in energy prices are influenced by factors such as the increase in CO2 pricing introduced by the government. This trend reflects how energy pricing impacts overall consumer costs and inflation figures.
Federal Statistical Office of Germany
PERENfra Launches Perennial Infrastructure Fund I for Water Solutions
(February 13)
US-based PERENfra LLC has launched the Perennial Infrastructure Fund I, aimed at providing investments in sustainable water infrastructure. The Fund has a target size of $125 million and is already well on its way to securing commitments. Strategic investors include Garney Equity Holdings and Ferguson Ventures, who acknowledge the critical need to modernize water infrastructure.
New Tools for Estimating GHG Emissions in NbS Projects
(February 13)
The Global Carbon Council (GCC) has released two new Nature-based Solutions (NbS) tools to estimate GHG emissions and carbon stocks, aiding project developers. The tools, focusing on non-CO2 emissions from biomass burning and carbon stocks in dead wood and litter, conform to the latest IPCC guidelines. These advancements enhance the standardization and accuracy of emissions estimation in NbS projects, critical for project funding and climate mitigation goals.
Great British Nuclear transitions to permanent body to boost nuclear energy
(February 13)
UK-based Great British Nuclear (GBN) has moved from a start-up to a permanent organization, aiming to enhance the country's nuclear energy production in line with the Government's Plan for Change. GBN is negotiating with four vendors for Small Modular Reactor technology and has acquired land for new nuclear developments at Wylfa and Oldbury. The organization is committed to working with local communities to ensure future nuclear projects benefit them while striving for Net Zero carbon emissions.
Blue Mahoe Capital launches Jamaica Diaspora Bond for affordable housing
(February 12)
Jamaica is addressing its housing crisis through the launch of the Jamaica Diaspora Bond by Blue Mahoe Capital. This innovative investment vehicle aims to empower the Caribbean diaspora and global investors to directly fund affordable, eco-friendly housing developments. The bond not only facilitates investment with low entry thresholds but also stimulates local industries and creates jobs, reinforcing economic growth in Jamaica.
The National Credit Guarantee Mechanism Strengthens Taiwan Offshore Wind Power Financing
(February 13)
Taiwan is implementing the National Credit Guarantee Mechanism to boost financing for offshore wind power projects. This initiative is expected to support a financing demand of NT$1.08 trillion between 2026 and 2031, with a strategic focus on enhancing the share of green electricity in local products by 2030. The government has increased the national credit guarantee ratio for green energy construction projects to 80%, facilitating better access to financing for developers and enhancing export competitiveness while aiming for a net-zero target by 2050.
Ministry of Economic Affairs, Taiwan
NOAA Research releases Ocean Carbon Observing Science Plan
(February 13)
US-based NOAA Research has released an Ocean Carbon Observing Science Plan aimed at improving the monitoring of carbon levels in oceans, coasts, and Great Lakes. This plan supports future climate projections, adaptation and mitigation strategies, and informs policies that benefit the Blue Economy. Given the increasing urgency related to global carbon cycle issues such as greenhouse gas monitoring and ocean acidification, the plan emphasizes the necessity for coordinated research efforts in ocean carbon observing activities.
Global Carbon Budget reports atmospheric CO2 rise
(February 13)
NOAA scientists release the Global Carbon Budget, which tracks the amount of CO2 emissions and their sources. They report that atmospheric CO2 concentrations are projected to reach 422.5 parts per million in 2024, marking a 52% increase since the pre-industrial levels of 278 ppm in 1750. While 22 industrial economies, including the US, have seen significant reductions in fossil fuel emissions over the past decade, global emissions continue to rise. According to Rik Wanninkhof, progress is being made but not fast enough to meet climate goals.
UK government supports clean energy with new investment
(February 13)
The UK government has launched the Clean Industry Bonus, aimed at supporting offshore wind developers who prioritize investment in deprived regions. This initiative aims to create highly skilled jobs in areas formerly reliant on oil and gas and promote the construction of low carbon factories. The funding could amount to £200 million for developers committing to 7-8 GW of offshore wind projects, with financial support of £27 million per gigawatt made available through the Contracts for Difference mechanism.
Federal Highway Administration Withdraws Greenhouse Gas Rule
(February 13)
US-based Federal Highway Administration (FHWA) recently announced the withdrawal of the Biden-era highway greenhouse gas rule. The Associated General Contractors (AGC) has been actively opposing this rule through various channels including Congress, the FHWA, and litigation. This decision reflects ongoing debates surrounding environmental regulations and highway construction policy in the US.
Associated General Contractors of America (AGC)
EIB survey shows Belgium leading in climate investments
(February 12)
Belgium shows a strong focus on investments in new products and services, with 39% of businesses investing compared to the EU average of 25%. Moreover, around 58% of Belgian firms invested in energy efficiency improvements, positioning the country ahead in the adoption of digital technologies and the Internet of Things. The EIB Group signed nearly €89 billion in new financing for high-impact projects in 2024, with a considerable focus on energy and climate-related initiatives.
Australia's roadmap for bidirectional EV charging launched
(February 12)
Australia has launched the National Roadmap for Bidirectional Electric Vehicle Charging, commissioned by ARENA with RACE for 2030 and enX Consulting. The roadmap aims to integrate bidirectional EV charging into the energy grid, potentially saving Australians $5 billion by reducing large-scale battery investments.
UK government supports clean energy with new investment
(February 13)
The UK government has launched the Clean Industry Bonus, aimed at supporting offshore wind developers who prioritize investment in deprived regions. This initiative aims to create highly skilled jobs in areas formerly reliant on oil and gas and promote the construction of low carbon factories. The funding could amount to £200 million for developers committing to 7-8 GW of offshore wind projects, with financial support of £27 million per gigawatt made available through the Contracts for Difference mechanism.
Brazil announces investments for COP30 and urban sustainability projects
(February 12)
Brazil's President Luiz Inácio Lula da Silva highlighted investments totaling R$505 million for urban sustainability and climate resilience in Belém, Pará. A new R$250 million allocation from BNDES targets macrodrenagem and urbanization projects to improve infrastructure and reduce flooding for around 300,000 residents. Additionally, R$45 million from the Fundo Amazônia will bolster firefighting efforts against unauthorized forest fires. Furthermore, the Pró-Amazônia program, with R$650 million, will enhance innovation and research in the Brazilian Amazon.
KoBold Metals and AI's Role in Mineral Exploration
(February 12)
KoBold Metals is leveraging AI to enhance mineral exploration, which is critical for future technologies such as electric vehicles (EVs) and batteries. The process of discovering essential minerals has traditionally been slow, but by utilizing AI to analyze satellite imagery and geological data, the company aims to expedite this process significantly. This approach addresses the urgent need for materials necessary for clean energy technologies.
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Founder, Telborg
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