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☆ This startup founded by ex-Tesla, Google, and SolarCity staffers uses the ocean for carbon removal. Check out the 13-slide pitch deck Ebb Carbon used to raise $20 million.
▼ + stars: | 2023-04-20 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +4 min

Ebb Carbon has found a way to remove carbon from the atmosphere while making the ocean less acidic. Check out the 13-slide pitch deck Ebb Carbon used to nab $20 million in Series A funding. California-based Ebb Carbon, founded in 2021, aims to capture and store carbon dioxide in the ocean while simultaneously tackling ocean acidification. Ebb Carbon has developed an electrochemical process that removes acidity from seawater while enhancing its ability to store carbon dioxide. Ebb CarbonThe alkaline release then helps to balance the pH of seawater locally, Ebb Carbon claims.

☆ France's Ynsect to refocus bug business after capital increase
▼ + stars: | 2023-04-16 | by ( Sybille De La Hamaide | ) www.reuters.com time to read: +3 min

[1/2] Ynsect's Chairman and CEO Antoine Hubert displays mealworms at the laboratory of the insect farm Ynsect, which harvests mealworms for bug-based animal food and fertilizer, in Dole, France, October 22, 2020. Farmed bugs, such as mealworms, are ground down to produce proteins for aquaculture, livestock, pet food, fertilisers and human nutrition. Ynsect will close its Dutch production plant, acquired through the takeover of Protifarm in 2021, which rears a different type of bug, while keeping research activities. In addition the company will cut 38 jobs in France, out of a total of about 360 people, Hubert said. In its latest round of fund raising in 2020 Ynsect brought in more than 315 million euros, of which about 175 million euros was capital and the rest in debt and subsidies.

☆ The High Seas Treaty, Explained
▼ + stars: | 2023-03-30 | by ( Haphazard Authority On Ocean Resources | ) www.reuters.com time to read: +12 min

Global News Changing Tides The first international agreement to protect the world's oceans aims to create “international parks” in the high seas. The high seas represent 95% of the world’s total habitat by volume, but the nautical world remains largely unexplored. “A sentiment we often encountered was that there’s not much in terms of biodiversity out there in the high seas,” he said. MPAs that already exist mostly occupy exclusive economic zones and only make up about 3% of the high seas. A 2016 Pew study on mapping governance in the high seas showed 19 governing bodies with a high seas mandate.

☆ A Spanish firm wants to kill one million octopuses a year using 'ice slurry' baths at first-ever factory farm
▼ + stars: | 2023-03-16 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +4 min

A proposed commercial octopus farm is sparking outrage among experts and animal rights campaigners. The farm would slaughter roughly one million octopuses each year by submerging them in icy water. In a report released Thursday, the activist group said that Nueva Pescanova intends to slaughter around one million octopuses each year by submerging them in a freezing "ice slurry." In particular, it said, the slaughter of the octopuses "involves proper handling that avoids any pain or suffering to the animal." "To kill them with ice would be a slow death," Dr. Peter Tse, who studies octopus cognition at Dartmouth, told the BBC.

☆ This fish farmer-turned-entrepreneur runs a profitable start-up. Here are his tips
▼ + stars: | 2023-03-09 | by ( Sheila Chiang | ) www.cnbc.com time to read: +7 min

Now at 33, Farizy runs Indonesia-based startup eFishery, which developed products such as automatic feeders that help local seafood farmers save costs and improve productivity. Automatic feeders eliminate the problems of manual feeding, which could result in over-feeding or under-feeding. Say no to high cash burnMany startups focus on blistering growth, which usually means a high cash burn rate. When asked about how he runs a successful company, he said: "We don't burn cash unnecessarily." Cash burn refers to a company spending its cash reserves when it is not yet generating profit.

☆ Rice into low-carbon plastic: bringing hope to a struggling Fukushima town
▼ + stars: | 2023-03-09 | by ( Elaine Lies | ) www.reuters.com time to read: +5 min

Last November, Tokyo-based firm Biomass Resin opened a factory in Namie to turn locally-grown rice into pellets. "Even now, we can't sell it as Fukushima rice. The same wave slammed into the nuclear plant, setting off meltdowns and explosions. "Namie was hit by four disasters - the quake, the tsunami, the reactor accident and then rumours about radiation danger," said Takemitsu Imazu, president of Biomass Resin Fukushima. The plastic isn't biodegradable, Imazu said, but using rice cuts the petroleum products involved - and growing more rice in Namie reduces overall atmospheric CO2.

☆ Indonesia's seafood farming industry faces a 'technology gap' — and startups are raising big bucks to fill it
▼ + stars: | 2023-02-01 | by ( Sheila Chiang | ) www.cnbc.com time to read: +6 min

And we are third in aquaculture production after China and India. Aquaculture production and exports by country in 2020 Aquaculture (animals, not including algae) Top producing countries in 2020 Top exporting countries in 2020 1. Aruna, for its part, helps to connect Indonesia's small-scale aquaculture farmers to buyers. Indonesia has the puzzle pieces to become a global leader in aquaculture and seafood production. "Indonesia has the puzzle pieces to become a global leader in aquaculture and seafood production.

☆ With Great Salt Lake at rock bottom, lawmakers aim for rescue
▼ + stars: | 2023-01-21 | by ( Evan Bush | Evan Bush Is A Science Reporter For Nbc News. He Can Be Reached At Evan.Bush Nbcuni.Com. | ) www.nbcnews.com time to read: +4 min

Water volume on the Great Salt Lake has dropped by more than two-thirds since pioneers once settled the Salt Lake Valley. Much of the lake surface is now exposed. Photographs of empty marinas and the cracking crust of the lake’s surface often illustrate the lake’s decline. The rivers and streams that feed The Great Salt Lake are overallocated, which means farmers and other water users collectively have rights to more water than what typically flows through each year. Spencer Cox last November closed the Great Salt Lake basin to appropriations for new water uses, effectively capping the line of water users wanting to use what flows into the lake.

☆ One year after volcanic blast, many of Tonga's reefs lay silent
▼ + stars: | 2023-01-15 | by ( Gloria Dickie | ) www.reuters.com time to read: +5 min

Coral reefs were turned to rubble and many fish perished or migrated away. Following the eruption, the Tongan government said it would seek $240 million for recovery, including improving food security. SILENT REEFSThe vast majority of Tongan territory is ocean, with its exclusive economic zone extending across nearly 700,000 square kilometres (270,271 square miles) of water. It is likely volcanic ash smothered many reefs, depriving fish of feeding areas and spawning beds. While volcanic eruptions on land eject mostly ash and sulfur dioxide, underwater volcanos jettison far more water.

☆ Chile's artisanal fishermen fear die-out as trawling, climate bite
▼ + stars: | 2022-12-22 | by ( Rodrigo Garrido | ) www.reuters.com time to read: +3 min

The current fishing law, which came into effect in 2013, has faced criticism from lawmakers and fishermen who say it only benefits large fisheries. "Having a new fisheries Law means regaining the confidence of the actors in the sector and the country in the regulation," said Julio Salas, undersecretary of fisheries and aquaculture. Chile has more than 99,557 artisanal fishermen registered in official records, government data show. It could include elements to improve the sustainability of fishing stocks and give larger fishing quotas to small-scale businesses. Rodrigo Gallardo, an artisanal fisherman from the port of Valparaiso, said the practice of trawling needed to end in Chile.

☆ Factbox: Conservation targets proposed for halting nature loss
▼ + stars: | 2022-12-07 | by ( Gloria Dickie | ) www.reuters.com time to read: +7 min

REUTERS/Dan Koeck/File PhotoMONTREAL, Dec 7 (Reuters) - Countries negotiating a global deal to halt nature loss are considering 24 potential conservation targets during this month's U.N. biodiversity summit in Montreal. TARGET 3 - PROTECTED AREASUnder this central goal known as the "30-by-30" target, countries would agree to protect at least 30% of their land and sea territories by 2030. TARGET 14 - POLICYThis target proposes including biodiversity and conservation in national policies, regulations, planning, and poverty eradication strategies, as well in environmental impact assessments. TARGET 16 - SUSTAINABLE CONSUMPTIONHere, negotiators seek to suggest or require national policies, laws or regulations that would encourage consumers to make sustainable choices. TARGET 21 - EQUITABLE REPRESENTATION AND INCLUSIONThis settled target aims to make sure that conservation strategies represent all genders and indigenous communities.

For more than 70 days this summer, a marine heatwave cooked the waters of the western Mediterranean. "We've been witnessing marine heatwaves during the last 20 years," said Garrabou, who's also coordinator of the T-MEDNet marine monitoring network. A 2016 marine heatwave along Chile's southern coast caused huge algae blooms that wiped out fish farms and cost the aquaculture industry some $800 million, said scientist Kathryn Smith with the Marine Biological Association of the United Kingdom. As the world warms, marine heatwaves are expected to become more frequent, according to the U.N. Intergovernmental Panel on Climate Change. Though economists have yet to account fully for the impacts of marine heatwaves, recent experience has many concerned.

☆ More liquidity support for energy utilities under looser EU state aid rules
▼ + stars: | 2022-10-28 | by ( Foo Yun Chee | ) www.reuters.com time to read: +2 min

BRUSSELS, Oct 28 (Reuters) - Energy companies, hit by soaring power and gas prices related to the war in Ukraine, can secure public guarantees exceeding 90% coverage from EU governments to cover margin call requirements under looser state aid rules, the European Commission said on Friday. Energy suppliers across Europe have struggled with a liquidity problem in the face of record-high wholesale power and gas prices following Russia's invasion of Ukraine, prompting governments to step in to help. Companies can get up to 2 million euros ($1.99 million) in state aid, a fourfold increase, the EU executive said. The cap for state support to businesses in the agriculture sector was lifted to 250,000 euros from 62,000 and for the fisheries and aquaculture sectors to 300,000 euros from 75,000 euros. Energy-intensive companies can also get more state aid while those receiving larger amounts will have to take measures to ensure they use cleaner energy.

☆ Beyond Catastrophe: A New Climate Reality Is Coming Into View
▼ + stars: | 2022-10-26 | by ( David Wallace-Wells | Photographs Devin Oktar Yalkin | ) www.nytimes.com time to read: +53 min

Beyond Catastrophe A New Climate Reality Is Coming Into View By David Wallace-WellsYou can never really see the future, only imagine it, then try to make sense of the new world when it arrives. (A United Nations report released this week ahead of the COP27 climate conference in Sharm el Sheikh, Egypt, confirmed that range.) A little lower is possible, with much more concerted action; a little higher, too, with slower action and bad climate luck. There were climate-change skeptics in some very conspicuous positions of global power. New emissions peaks are expected both this year and next, which means that more damage is being done to the future climate of the planet right now than at any previous point in history.

☆ Florida farmers and ranchers could see up to $1.5 billion in Hurricane Ian-related losses
▼ + stars: | 2022-10-18 | by ( Vanessa Yurkevich | ) edition.cnn.com time to read: +2 min

CNN —Florida farmers and ranchers lost up to $1.56 billion in crops, livestock, and nursery and aquaculture products due to the devastation caused by Hurricane Ian, according to a new preliminary analysis from the University of Florida released Tuesday. The assessment done by the UF/IFAS Economic Analysis program puts the preliminary losses between $787 million and $1.56 billion across millions of acres of agricultural lands impacted by the hurricane. Citrus, vegetables, melons, and livestock sustained the most “significant production losses,” the report said. “Our preliminary estimate is a range, a wide range, to account for many of these unknowns. Assessments are still ongoing and the final value of agricultural losses to the state will not be complete for weeks, according to the report.

☆ Norway to hike taxes by $3 billion on power firms, fish farms
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +2 min

OSLO, Sept 28 (Reuters) - Norway's centre-left government said on Wednesday it plans to increase taxes on electricity producers and fish farmers to raise an extra 33 billion crowns ($3 billion) a year. "Energy producers and the aquaculture industry make billions of crowns on our common resources," the finance ministry said in a statement. The extra taxes impose a resource rent tax on aquaculture and wind power, an increase in the resource rent tax on hydropower and an extraordinary tax on wind and hydropower due to the very high electricity prices. Costs linked to taking in refugees, ongoing public construction projects, benefit payments and household power subsidies will rise by some 100 billion crowns in 2023, the government has said. ($1 = 10.8822 Norwegian crowns)Register now for FREE unlimited access to Reuters.com RegisterReporting by Terje Solsvik; Editing by Gwladys Fouche and Alexander SmithOur Standards: The Thomson Reuters Trust Principles.

☆ We got an exclusive look at the 9-slide pitch deck Innovafeed, an insect protein startup, used to raise $250 million
▼ + stars: | 2022-09-22 | by ( Tasmin Lockwood | ) www.businessinsider.com time to read: +3 min

We got an exclusive look at the 9-slide pitch deck it used to secure the funding. A startup developing insect-based food for aqua-farming, pet food, and eventually humans just raised $250 million to ramp up production. "One of the products we replace in aqua-feed is fish meal," Ray said. "Fish meal is made of small fish caught in South America, in Africa, turned into a meal to feed other food production. Replacing fish meal with Innovafeed's product reduces the carbon footprint of salmon feed by 50%, the cofounder said.

☆ Water's edge: the crisis of rising sea levels
▼ + stars: | 2014-09-04 | by ( Reuters Graphic | ) www.reuters.com time to read: +20 min

But sea levels have been rising for 100 years in Baltimore.”ROCKET SCIENCEThe irony is evident at Wallops Flight Facility. Yet this bastion of climate research has been slow to apply the science of sea level rise to its own operations. Reviewers from state and federal agencies criticized the 348-page document for failing to adequately take rising sea levels into account in the project design and impact, or to temper future plans for expansion. Joshua Bundick, Wallops’s environmental planning manager, explained that he distilled the issues “down to only the highest points,” and sea level rise wasn’t among them. The cost to American taxpayers of repeated destruction of the parking lot and causeway from rising sea levels would only increase, Fish and Wildlife officials said.

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