Peter Gajdoš Contributor Peter Gajdoš is a partner at Fifth Wall, where he co-leads the Climate Technology Investment team. When I started getting involved in clean tech 1.0 financing back in 2005, “climate change” was some future event. Hurricane Katrina had just happened, and many experts viewed it primarily as […]
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After Chinese Ban, Cryptocurrency Mining Got Worse for Climate
China’s crackdown on cryptocurrencies upended the world of Bitcoin last year, triggering a mass exodus of “miners” — who use power-hungry computers to mine, or create, new Bitcoins — to new locations around the world. Now, research has found that the exodus likely made cryptomining, which already uses more electricity […]
Climate tech investment is soaring this year: PwC
Visitors walk at the base of melting Svinafellsjokull glacier as ice chunks fallen from the glacier float in a lake of meltwater on August 13, 2021 near Svinafell, Iceland. Sean Gallup | Getty Images Investment in companies developing technology to try to combat the climate crisis grew to $87.5 billion […]
Europe must ban Bitcoin mining to hit the 1.5C Paris climate goal, say Swedish regulators
Faced with a sharp rise in energy consumption, Swedish authorities are calling on the European Union to ban “energy intensive” crypto mining. Erik Thedéen, director of the Swedish Financial Supervisory Authority, and Björn Risinger, director of the Swedish Environmental Protection Agency, said cryptocurrency’s rising energy usage is threatening Sweden’s ability […]
Greenwashing needs to be abolished, says climate entrepreneur
A detail of the pilot carbon dioxide (CO2) capture plant is pictured at Amager Bakke waste incinerator in Copenhagen on June 24, 2021. – The goal is to be able to capture 500,000 tonnes of CO2 from Amager Bakke’s emissions by 2025. IDA GULDBAEK ARENTSEN | AFP | Getty Images […]
Boston Consulting Group Explores The People And Companies At The Forefront of Climate Impact In Its New Podcast Series Sustainability, Inc.
NEW YORK, Oct. 11, 2021 /PRNewswire/ — Today, Boston Consulting Group has launched its inaugural episodes of a new podcast, Sustainability, Inc. to explore what’s happening on the front lines of real climate impact, and reveal the major progress that can happen when companies set ambitious goals. In conversations with […]
‘No single company can address the climate crisis alone’: Wipro CEO
Whether it’s a sportsperson trying to outdo their rival on the playing field or a tech giant attempting to develop the latest cellphone and dominate the market, competition and going it alone can drive innovation and success. When it comes to the environment and climate change, however, things are […]