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Posts Tagged ‘energy’

Corporations and private investors are backing new “green” deals as climate worries mount

In the nine years since private equity and venture capital investments into sustainable technologies last crossed the $6 billion threshold, the problems caused by global carbon emissions have only intensified. Now, as the world confronts the reality that there’s not much time left to reverse course on carbon emissions and the impact they will have ...

NYC adopts law targeting the handful of skyscrapers that are spiking the city’s carbon footprint

New York City's just-passed Climate Mobilization Act rolls up six climate-mitigation laws that comprehensively remake the city's approach to climate change (it's colloquially known as the Green New York Deal).

70% of the city's carbon footprint is generated by heating and cooling for buildings, and a third of that comes from 50,000 of the city's biggest ...

Uber, Lyft, and the challenge of transportation startup profits

How much does transportation cost you? In most cities, bus or subway fare might set you back $3 or so. A tank of gas, maybe $30 or $40 depending on your car. An hour of street parking? Sometimes it’s free, sometimes it’s a few bucks. And you can usually snag an economy seat on a ...

Regulators in China are weighing a ban on Bitcoin mining

Cryptocurrency mining has become the latest target for the Chinese government seeking to phase out industries considered a drag on the country’s economy. The National Development and Reform Commission (NDRC), the top economic planning agency in the world’s largest market for bitcoin mining, released on Monday a list of sectors it plans to promote, restrict ...

HyperSciences raises an untraditional $9.6M for its hypersonic drilling vision

We profiled HyperSciences in February, when the team had just successfully completed a launch milestone for a small business grant with NASA. The last time we checked in, the hypersonic drilling company had raised about $5 million as part of an untraditional Reg A offering. By the end of March, HyperSciences rounded out its first ...

Planning for the uncertain future of work

In a recently published, roughly 75-page report, British non-profit organization The Royal Society for the Encouragement of Arts (RSA) outlined several scenarios for how the UK labor market will be impacted by frontier technologies such as automation, AI, AVs and more. The analysis titled “The Four Futures of Work” was conducted in collaboration with design ...

The next great debate will be about the role of tech in society and government

Tony Blair Contributor Share on Twitter Tony Blair is the Executive Chairman of the Institute for Global Change and former Prime Minister of Great Britain and Northern Ireland. The Industrial Revolution dramatically re-ordered the sociology of politics. In the US, the Populist Party in the United States was founded as a force in opposition to capitalism, wary ...

What critics get wrong about the ‘American AI Initiative’

There’s been a bit of hysteria -- AI-steria, if you will -- over the Trump administration’s recently issued American AI Initiative, formally known as "Executive Order on Maintaining American Leadership in Artificial Intelligence." ...

Bill Gates and Jeff Bezos-backed fund invests in a global geothermal energy project developer

Breakthrough Energy Ventures, the investment firm financed by billionaires like Jeff Bezos, Bill Gates, and Jack Ma that invests in companies developing technologies to decarbonize society, is investing $12.5 million in a geothermal project development company called Baseload Capital. Baseload Capital is a project investment firm that provides capital to develop geothermal energy power plants ...