Wartsila’s Risto Paldanius on the pathways to 100% clean energy

November 23, 2020 by  
Filed under Business, Green

Wartsila’s Risto Paldanius on the pathways to 100% clean energy This video is sponsored by Wartsila. “Right now the industry grid scale energy storage is dominated by lithium-ion technology as restoring waste thanks to the EV car and battery development and the costs coming down, but I think we’ll be seeing more and more longer duration batteries in different view formats which we might even not know yet.” Sarah Golden, senior energy analyst & VERGE energy chair at GreenBiz, interviewed Risto Paldanius, vice president of Wartsila Americas, during the VERGE 20 virtual event (October 26-30, 2020). View archived videos from the conference here: https://bit.ly/3kMjeXt . taylor flores Sun, 11/22/2020 – 19:14 Featured Off

See the rest here:
Wartsila’s Risto Paldanius on the pathways to 100% clean energy

LevelTen’s Bryce Smith on the state of the renewable procurement market during the pandemic

November 23, 2020 by  
Filed under Business, Green

LevelTen’s Bryce Smith on the state of the renewable procurement market during the pandemic This video is sponsored by LevelTen. “It is clear that that corporate commitment to renewables is very strong remains strong and in in some ways maybe even stronger than it was at the end of the year.” Sarah Golden, senior energy analyst & VERGE energy chair at GreenBiz, interviewed Bryce Smith, CEO of LevelTen, during the VERGE 20 virtual event (October 26-30, 2020). View archived videos from the conference here: https://bit.ly/3kMjeXt . taylor flores Sun, 11/22/2020 – 18:57 Featured Off

Go here to read the rest:
LevelTen’s Bryce Smith on the state of the renewable procurement market during the pandemic

Edward Palmieri discusses Facebook’s 2030 net zero goals and environmental justice initiatives

November 20, 2020 by  
Filed under Business, Green

Edward Palmieri discusses Facebook’s 2030 net zero goals and environmental justice initiatives This video is sponsored by Facebook. “The way we’re going to do that is by taking a lot of the strategies that we’ve deployed for operations and partnering with our suppliers and our value chain to realize decarbonization, switching to different materials, reducing our carbon footprint wherever we can, and also then balancing whatever is remaining in our portfolio by the end of 2030 with carbon removal projects.” Heather Clancy, editorial director at GreenBiz, interviewed Edward Palmieri, director of sustainability at Facebook during the VERGE 20 virtual event (October 26-30, 2020). View archived videos from the conference here: https://bit.ly/3kMjeXt . taylor flores Fri, 11/20/2020 – 08:41 Featured Off

Here is the original post:
Edward Palmieri discusses Facebook’s 2030 net zero goals and environmental justice initiatives

Michelle Lancaster on Microsoft’s progress towards its sustainability goals

November 20, 2020 by  
Filed under Business, Green

Michelle Lancaster on Microsoft’s progress towards its sustainability goals This video is sponsored by Microsoft. “One of the things that we realized as we started our discussion before our strategy refresh this year was “Were we doing enough?” and I think for us, as a data and technology company, it was pretty easy to see the climate evidence that nobody is doing quite enough and that really caused us to think not only about what we were doing, but how we were doing it as a company and a lot of companies, ourselves included, were thinking really about risk mitigation and managing our footprint which are necessary but wholly insufficient to actually unlock the full potential of our power.” Pete May, president of GreenBiz, interviewed Michelle Lancaster, director of sustainability engagement & partnerships at Microsoft during the VERGE 20 virtual event (October 26-30, 2020). View archived videos from the conference here: https://bit.ly/3kMjeXt . taylor flores Fri, 11/20/2020 – 08:39 Featured Off

View original here:
Michelle Lancaster on Microsoft’s progress towards its sustainability goals

Meet the VERGE 20 Emerging Leaders

November 10, 2020 by  
Filed under Business, Eco, Green

Comments Off on Meet the VERGE 20 Emerging Leaders

Meet the VERGE 20 Emerging Leaders The Emerging Leaders program, supported at VERGE 20 by Verizon, aims to empower a diverse group of up-and-coming leaders by giving them a front-row seat to the emerging clean economy. Meet this year’s cohort and learn a bit about their inspiring work! This session was held at GreenBiz Group’s VERGE 20, October 26-30, 2020. Learn more about the event here: https://events.greenbiz.com/events/ve…   Watch our other must-see talks here: https://www.youtube.com/channel/UCwW3…   OUR LINKS Website: https://www.greenbiz.com/ Twitter: https://twitter.com/greenbiz LinkedIn: https://www.linkedin.com/company/gree… Instagram: https://www.instagram.com/greenbiz_group Facebook: https://www.facebook.com/GreenBiz YanniGuo Tue, 11/10/2020 – 09:17 Featured Off

Read more here:
Meet the VERGE 20 Emerging Leaders

Shooting for the moon: 3 radical innovations to remove atmospheric CO2

November 10, 2020 by  
Filed under Business, Eco, Green

Comments Off on Shooting for the moon: 3 radical innovations to remove atmospheric CO2

Shooting for the moon: 3 radical innovations to remove atmospheric CO2 Tali Zuckerman Tue, 11/10/2020 – 01:00 Removing carbon dioxide from the atmosphere may be as difficult as getting to the moon.  That’s because every day, human activity pumps out 38 tons of CO2 into the air. Currently, our atmosphere is saturated with around 415 parts per million (ppm) CO2, a number we urgently need to reduce to 280 ppm to avoid the most devastating climate impacts.  But to take out just one ton of CO2, we must first filter one Roman colosseum’s worth of air. Several pioneers in the field are developing revolutionary systems to do just that. During the “Carbon Removal Moonshots” session in late October at VERGE 20, co-founders from innovative carbon removal initiatives Project Vesta, Charm Industrial and IdeaLab joined moderator Tito Jankowski, co-founder of the online community Air Miners, on the virtual stage to share the stories and missions behind their innovations. 1. Project Vesta: Enhancing natural weathering to capture CO2 in ocean-bound volcanic sand Launched on Earth Day 2019, Project Vesta aims to enhance natural weathering processes to accelerate carbon capture and storage in the world’s oceans. The nonprofit organization plans to do this by accelerating Earth’s carbonate-silicate cycle, in which volcanic rock is weathered by rain and creates a chemical reaction that sequesters CO2 from the air. Over time, this carbon turns into limestone on the ocean floor and melts back into the Earth’s core.  During the session, co-founder Kelly Erhart explained the natural inspiration for the project: “This [process] has been working for millions of years and slowly locking up trillions of tons of carbon dioxide into the earth over geologic time scales. We looked at this and we asked: How can we speed this up?” Specifically, Project Vesta has developed a way to take olivine, a naturally abundant, green volcanic rock, and grind it into sand to be distributed over beaches around the world. After the olivine sand is set in place, ocean waves, tides and currents will be left to do the rest.  If we want to create a world that we know is possible, we have to be able to imagine it. Erhart believes that the process is not only feasible, but scalable. Olivine is found on every continent, and makes up over 50 percent of Earth’s upper mantle. The solution does not compete for land use or other economic activities, and only requires that 2 percent of global shelf seas are covered with a few millimeters of olivine sand to sequester one year’s worth of human CO2 emissions, Erhart said. Of the three innovations presented, Project Vesta comes in at the lowest estimated price point. The organization aims to reach $10 per ton of CO2 equivalent, which is five to 10 times cheaper than direct air capture (DAC) or other techniques. So far, Project Vesta has raised $2.5 million in philanthropic and corporate donations (including a large purchase from Stripe) and is deploying its technology on a few heavily instrumented pilot beaches to monitor the rate of weathering and any effects on ocean life. The team believes that any impact will be beneficial, as olivine deacidifies the ocean and therefore helps support the life and health of marine ecosystems. Ultimately, the project’s goal is to advance this technology all over the world. It hopes to establish an open-source integrated algorithm and protocol that will enable governments, nonprofits and companies to deploy this solution with predictable results. The Charm Industrial team. 2. Charm Industrial: Turning biomass waste into CO2-dense bio-oil Charm Industrial is working to reverse the process of crude-oil production — that is, to take the carbon stored in biomass, turn it into CO2-dense biofuel through fast pyrolysis (superheating) and inject it back into the Earth’s crust. The startup is on a mission to “return the atmosphere to 280 ppm” through its technology, which it claims is more permanent and cost-effective than traditional nature-based offsets and direct air capture (DAC) methods.  Currently, Charm makes its bio-oil from excess sawdust and wood, but it plans to use agricultural residues such as corn stover, rice straw, sugar cane and almond shells in the future. Its aim is for the process to have additionality, meaning that if the feedstock was left unused, such residues would be left in fields to rot and emit CO2 back into the air.  The bio-oil Charm produces has properties similar to crude oil but with half the energy content and a very high carbon content. This, along with its tendency to form a solid over time, make the product safe for injection into existing oil wells, according to the company. Further, the oil is less likely to leak back into the atmosphere or groundwater than CO2 gas (or CO2 dissolved in water) when injected into the same wells, according to Charm, and the oil also can better help prevent seismic activity in large underground caverns created by past mining activities.  “What’s interesting about sequestration of bio-oil is that it sort of closes the carbon cycle that started about 200 years ago with the initial removal of oil from these formations,” said Charm co-founder Shaun Meehan. “There’s enormous infrastructure that exists to get oil out of the earth, and we just need to run it backwards.” Charm says its model is unique because it plans to use small-scale facilities. Meehan explained that previously, large biomass facilities have been unsuccessful because they quickly depleted nearby biomass stores and caused prices to skyrocket. By opening multiple smaller plants, Charm hopes to have a more stable quantity of biomass to work with. What does it cost for this form of sequestration? Charm’s current projections are around $475 per ton of CO2 equivalent for the first few years — a number it hopes to get down to $200 by its 10th plant and eventually to $50 per ton of CO2 equivalent.  Like Project Vesta, Charm believes its solution is scalable. The company already has received regulatory approval for its first injection site in Kansas. “As far as scale, there is about 140 gigatons per year of global biomass availability,” Meehan said. “If we are even able to take a small subset of that biomass, then we are able to have a meaningful impact on negative emissions.” Bill Gross, founder of Heliogen, said every acre of land served by the technology would remove 1 ton of CO2 per day, a rate of capture equivalent to that in roughly 100 acres of forest. Courtesy of Heliogen 3. Heliogen (IdeaLab): Capturing carbon with solar-powered, desert-based DAC plants Bill Gross , founder and chairman of the IdeaLab technology incubator and company Heliogen, began his presentation with several eye-opening statistics and visuals about humanity’s emissions. These included the fact that humans emit 31 times (by weight) the amount of CO2 into the atmosphere as they do garbage into their trash cans, and that to remove 1 ton of carbon from the atmosphere requires capturing a volume of air equivalent to the Colosseum in Rome.  Gross then described the solar-powered DAC process his team at Heliogen has designed. The process involves first funneling air through a desiccant (a hygroscopic substance that absorbs water), then moving it through zeolite, a mineral that effectively takes up any CO2 in the air, Gross said. Water is then removed from the desiccant and CO2 from the zeolite using solar-powered thermal energy. Ideally, this technology would be situated in desert environments so as not to compete for land and harness the brilliant power of the sun. According to Gross, every acre of land of this technology would remove 1 ton of CO2 per day, a rate of capture equivalent to that in roughly 100 acres of forest. Multiplied over 390 acres (a rectangle that fits well within the Sahara desert) this technology theoretically could neutralize all 38 gigatons of CO2 humans produce every year. Of course, this is a big ask. Actually achieving it would require that the technology be cheap enough to set up and account for any emissions created during its installation. At the moment, the estimated price of this technology is $100 per ton of CO2, according to Gross. He hopes to reach $50 per ton and dreams of getting to $25. When asked about plans for the use of CO2 after it is captured and compressed, Gross reckoned that he focuses solely on the removal of CO2, several startups will emerge to find creative uses for the gas once it can be captured at a low price. Like the previous two technologies, Gross stressed that the success of this solution relies on the global shift towards valuing CO2 emissions.  Although private players are increasingly taking responsibility for their emissions (tech companies such as Shopify, Square and Microsoft were mentioned) the public sector must move to put a price on carbon to drive change on a larger scale. Once global regulations mandate that corporations pay for their emissions, companies will look towards such innovations for cheaper ways to offset their emissions, he said. To the moon and beyond  Ultimately, a real solution to the global CO2 crisis necessitates collaboration between sectors and individual innovators, something Jankowksi’s online community Air Miners is working to facilitate. As each speaker stressed, no one solution is big enough to bring us back to 280ppm — we need several of them to go to work at once.  As Gross put it, “We need the same diversity of ideas to take [CO2] out as the people who put it up there.” The time to act is now, the speakers urged: Spread the message, get people excited and, as Jankowski said, believe that even this trip to the moon can succeed.  “If we want to create a world that we know is possible,” Erhart echoed, “we have to be able to imagine it.” Pull Quote If we want to create a world that we know is possible, we have to be able to imagine it. Topics Carbon Removal VERGE 20 Innovation Carbon Capture Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 0 Sponsored Article Off Olivine, the focus of Project Vesta’s carbon removal approach. 

Read more from the original source:
Shooting for the moon: 3 radical innovations to remove atmospheric CO2

Innovative sanitation solution is crowned winner of VERGE Accelerate contest

November 5, 2020 by  
Filed under Business, Eco, Green

Comments Off on Innovative sanitation solution is crowned winner of VERGE Accelerate contest

Innovative sanitation solution is crowned winner of VERGE Accelerate contest Myisha Majumder Thu, 11/05/2020 – 01:00 On the last day of VERGE 20, five startups that won lightning-round pitch sessions during the Food, Carbon, Circular, Energy and Transport conference competed for the vote of the viewers. The overall winner addressed a unique blend of environmental and social concerns. This was the first year of this two-round approach, with 25 entrepreneurs pitching throughout the week in market-specific sessions, culminating in the final VERGE Accelerate round. Presenters were given less than three minutes to make a compelling argument to the audience on why their company and innovation should win this year. The overall winner, change:WATER labs , presented by Diana Yousef, founder and CEO, did just that, after winning the Circular pitch session. Yousef’s pitch began with the stark statistic that half of the world’s population lives without access to a safe, clean toilet, given lack of sewage infrastructure in their area. The common solution thus far has been offline portable toilets, which Yousef claims is an $18 billion-year investment, given the frequency of maintenance. Change:WATER labs’ iThrone creation cuts down on waste logistics by eliminating the waste inside the toilet itself and turning it into pure water. This is done through a membrane that evaporates raw sewage without any energy source and allows for a functional, safe toilet without the need for power or plumbing, Yousef said. Yousef spoke about the first deployment of iThrones in Uganda: “Currently, our first iThrones are servicing the population and providing them with safe and sustainable sanitation. Harvested vapor will provide pure water to the local hospital and dried urine salts will fertilize local agriculture.” An added benefit, Yousef noted, is that iThrone “makes sanitation much more accessible because it’s five times cheaper than comparable toilets. It cuts collection costs in half, and makes collections 20 times more scalable, demonstrating pent-up demand for this type of solution.” This cost-effective and efficient innovation has earned change:WATER labs funding from the Turkish government, the United Nations Development Program and other private-sector contractors, as well as recognition from Bloomberg , The Daily Beast and the Boston Globe . An international soil carbon offset marketplace VERGE Accelerate runner-up ConserWater Technologies, represented by CEO Aadith Moorthy, won the Carbon Pitch session earlier in the week. Moorthy’s compelling narrative began with ConserWater’s impetus five years ago: “I was traveling to a small village in South India, and I saw a funeral procession. That year, a farming family had committed suicide because the monsoon rains had failed. And that got me thinking: Why do farmers have a struggle like this? This is the face of climate change that brought me to conserve water, where we use [artificial intelligence] to help farmers to mitigate climate change at scale.” ConserWater’s software analyzes satellite data and images to help predict actionable insights about the farmland, such as soil moisture, nutrients and carbon levels, without using sensors or hardware. “We’re able to help the farmers grow more with less by optimizing their resource usage and verifiably increasing their soil carbon sequestering,” Moorthy said. The company already has global operations, and Moorthy claims ConserWater is running the world’s largest international soil carbon market, with credits associated with millions of acres of farmland that can be purchased by companies, governments or individuals for offsetting emission. According to ConserWater, farmers can make up to $40 or more per acre through the marketplace. Industry experts break with audience choice Nancy Pfund, managing partner of DBL Partners, and Meera Clark, senior associate of Obvious Ventures, two industry experts who provided feedback on the VERGE Accelerate pitches, gave Food pitch session winner eggXYt their votes. Clark justified her choice given the potential of the business, and like Pfund, saw it as having market appeal. EggXYt uses CRISPR, the gene-editing tool, to detect the genes of chicken eggs through the shell. Co-founder and CEO Yehuda Elram said the technology helps mitigate the billions of dollars that go into incubation and hatching of eggs, only to kill over 4 billion male chicks annually that are not viable for the market. EggXYt is developing what Elram calls “the ultrasound for eggs,” which allows for sex detection of chick embryos immediately after the eggs are laid and before the eggs enter the 21-day incubation process. The non-incubated male eggs can be sent to market. The other two presenters spoke about their company’s interface in the energy and electric grid. Energy pitch session winner Uprise Energy, represented by co-founder and CEO Jonathan Knight, pitched Uprise’s mobile power station. The company has created a portable renewable energy system, which can provide reliable power through the patented 10-kilowatt portable wind turbine. Knight said the portable turbine is designed to fit in a standard shipping container and only takes an hour to set up by one person. Andrew Krulewitz, co-founder and CEO of Flux, winner of the Transport pitch session, spoke about his startup’s potential role in reducing the cost barrier to electric vehicle deployment. Flux’s model offers what is essentially a power purchase agreement for EVs that helps defray the capital expenditure, with plans starting at $99 per month and 10 cents per mile. Topics Innovation VERGE 20 Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 0 Sponsored Article Off iThrone cuts down on waste logistics by eliminating the waste inside the toilet itself and turning it into pure water. Courtesy of change:WATER Close Authorship

See original here:
Innovative sanitation solution is crowned winner of VERGE Accelerate contest

Jim Giles announces VERGE Food

March 9, 2020 by  
Filed under Business, Eco, Green

Comments Off on Jim Giles announces VERGE Food

GreenBiz’s Jim Giles announces a new component to the VERGE conference ecosystem: VERGE Food, focusing on the rising interest in sustainable food systems. From GreenBiz 20.

Here is the original post:
Jim Giles announces VERGE Food

Introducing … VERGE Food

February 3, 2020 by  
Filed under Business, Green

Comments Off on Introducing … VERGE Food

The latest addition to our annual VERGE conference promises to serve up a full plate of issues and solutions.

Read more from the original source:
Introducing … VERGE Food

Trend: Last-mile transportation inches closer to home

February 3, 2020 by  
Filed under Business, Green

Comments Off on Trend: Last-mile transportation inches closer to home

Last-mile freight is a major contributor to local air pollution, often in disadvantaged communities. But there’s some good news amidst all this urban doom and gloom.

Original post:
Trend: Last-mile transportation inches closer to home

Next Page »

Bad Behavior has blocked 3566 access attempts in the last 7 days.