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Recycling rates in US states could hit 75% if companies bear the costs, a study found. Recycling rates are high there, and taxpayers don't cover the bill, unlike in the US. The Recycling Partnership said it examined these states because they had the best available data. In most cases, recycling rates could get as high as 75%, de Thomas said. At least 11 others have either introduced legislation or plan to, according to a tally by The Recycling Partnership.
The Big Tech layoffs have sweetened the talent pool for climate startups and venture-capital firms. Climate startups now have a growing talent pool to choose from, and hiring is picking up, according to recruiters, venture capitalists, and workers who already made the jump from Big Tech to climate tech. "Over the last year, people were already leaving mainstream tech to come into the climate space," Veery Maxwell, a partner at Galvanize Climate Solutions, a global investment firm focused on climate tech, told Insider. Cianfarini told Insider his salary is $185,000 a year plus a $40,000 stock option grant that vests over four years. This trend makes climate tech an attractive option, she said.
A new terminal at New York's JFK will be partly powered by a microgrid, batteries, and fuel cells. John F. Kennedy International Airport's $9.5 billion New Terminal One will be partly powered by a microgrid with 11.34 megawatts of electricity from rooftop solar, gas fuel cells, and battery storage. A system that captures waste heat from the fuel cells will chill and warm water. The rooftop solar array — made up of more than 13,000 panels — will be the largest in New York City and at any US airport terminal, AlphaStruxure said. Installing fuel cells, instead of diesel generators, is estimated to reduce emissions of nitrogen oxide, a toxic air pollutant, by 98%, Macias added.
Climeworks got third-party sign-off on its technology for sucking carbon dioxide out of the sky. The sign-off marked a huge step forward in the nascent world of direct air capture, said Christoph Beuttler, Climeworks' head of climate policy. "We need a standard, because a ton of carbon dioxide removed by Climeworks is not the same as, for example, afforestation. Global carbon dioxide emissions rose to an estimated 40.5 billion metric tons in 2022, according to research by the Global Carbon Project. Climeworks uses fans that suck in air through filters to capture carbon dioxide, and works with CarbFix to permanently store the carbon underground in rock formations.
Danone aims to cut methane emissions across the farms supplying its milk by 30% this decade. Farming accounts for 40% of man-made methane emissions globally. Danone this week promised to cut methane emissions across the farms supplying its milk by 30% by the end of the decade. Cow burps, manure pits, and fertilizers make agriculture the top source, accounting for 40% of man-made methane emissions, the study found. As of December, the US Department of Agriculture had invested more than $3 billion in what it calls climate-smart projects, including for Danone dairy farmers.
The section will focus on how people can take action to address the climate crisis in their homes, businesses, and communities. Today, Insider is launching a new destination — One Planet — that draws inspiration from the messages of Climate Action 30. The project will also convene in-person and virtual events adjacent to the world's biggest global climate activations, such as COP28 and Climate Week NYC. Underpinning One Planet will be the spirit of entrepreneurship and the innovations and technologies that will unlock climate progress. Journalists from across Insider's global newsroom will contribute to One PlanetOne Planet will be led by editor Lily Katzman, who also edited the Climate Action 30 project.
Tens of billions of dollars are up for grabs for startups trying to solve the climate crisis. That means tens of billions of dollars are up for grabs for startups trying to solve the climate crisis. Industries known to be big polluters, such as agriculture, utilities, and commercial shipping, are ripe for change, the VCs said. Maxwell added that the influx of cash was encouraging more entrepreneurs and former Big Tech employees to enter the field. Methane is a far more potent greenhouse gas than carbon dioxide, so sizable reductions could be a climate win.
Those questions and comments rolled in for the celebrity chef Alison Roman on Wednesday after she tweeted that she owns an induction stove "by choice." Induction units are five to 10% more energy efficient than conventional electric stoves, and three times more efficient than gas stoves. Copper or aluminum cookware won't work on an induction stove — magnetic metals like cast iron and some stainless steels are best. The majority of US homes already use conventional electric stoves, while about 38% use gas stoves, according to the US Energy Information Administration. The Inflation Reduction Act authorized an $840 rebate for low- and middle-income households that don't already have an electric stove.
That was the tweet from Dustin Mulvaney, a resident of Santa Cruz, California. Then a series of atmospheric rivers inundated the region with heavy rainfall that poured down the Santa Cruz Mountains and overflowed rivers. The pattern has the fingerprints of the climate crisis all over it. In the last two years, Santa Cruz experienced prolonged drought and a major wildfire in 2020 that burned tens of thousands of acres. At least 17 people have died, including one in Santa Cruz, Gov.
About 650,000 kids in the US likely have asthma because of gas stoves, a study found. The momentum was met with an opposition campaign by the gas industry and their allies in state legislatures. The gas industry also often points out that proper ventilation significantly reduces the concentration of pollutants from gas stoves. The Consumer Product Safety Commission could also regulate pollutants from gas stoves or require warning labels, Seals said. The commission's head, Richard Trumka Jr., in December indicated the agency was headed in that direction and said an outright ban on new gas stoves was "a real possibility," The Hill reported.
Chaz Teplin spent $30,000 to electrify his home and tracked what happened during the winter storm. The winter storm that blanketed much of the US in late December put Chaz Teplin's green-home renovation to the test. Modern heat pumps can keep homes warm from snowy Colorado to chilly Maine and come with a fail-safe known as electric-resistance heating. Despite the name, heat pumps both warm and cool a home by circulating heat from indoors to outdoors and back again. After the winter storm, Teplin said he compared notes with a neighbor who has a gas-powered system.
Countries struck deals on plastic pollution, climate finance for poorer countries, and biodiversity. The US, European Union, and Australia each enacted stronger climate laws. The world may deploy as much renewable power in the next five years as it has in the past 20 years. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. These events should give us hope for 2023 and beyond about life on Earth:
GoodLeap is the largest financier of residential solar loans in the US, with 28% of the market. The former NFL tight end and Pro Football Hall of Famer told Insider he often reflected on whether, in life's final moments, he'd be proud of his choices. Gonzalez, who's also invested in plant-based-food companies like Beyond Meat, told Insider the climate crisis was the most important issue of his — and his children's — lifetime. GoodLeap is the top provider of residential solar loans, with a 28% share of the market. "Part of my work has always been making sure folks who typically are unconsidered are considered," DeBerry told Insider.
Food production drives deforestation and biodiversity loss. Mother nature is screaming for us to adopt a new diet, too. It's a primary driver of deforestation and biodiversity loss that, in turn, releases greenhouse-gas emissions causing the climate crisis. As the global population grows and people in developing countries earn more money, the demand for food — especially meat — will further stress nature. The US State Department in October also requested advice on potential legislation to combat deforestation in food supply chains and voluntary actions the private sector could take.
Congress' sweeping spending bill for next year includes $1 billion for international climate aid. "This really undermines trust in the US," Joe Thwaites, NRDC's international climate finance advocate who conducted the group's analysis, told Insider. But the US commitments on international climate finance just aren't credible." Democrats have a slim majority in the Senate and need at least 60 votes to clear a spending bill. Neither the House and Senate Appropriations committees, nor the White House, returned Insider's request for comment.
Nearly 200 countries agreed to protect 30% of Earth's land and water at a UN biodiversity meeting. The meeting, known as COP15, also underscored the link between nature and the climate crisis. Indigenous peoplesFor the first time, the biodiversity framework acknowledged the role of Indigenous people in protecting and restoring land and water. But world leaders didn't designate their land and territory as a separate category of conservation, which groups including Amnesty International and Greenpeace called for. Countries didn't achieve any of the targets to slow biodiversity loss by 2020 included in a previous framework, known as the Aichi targets.
Amazon said its plastic packaging footprint came to 97,222 metric tons in 2021. Oceana estimated that Amazon used nearly 322,000 metric tons of plastic in 2021, more than triple what the company calculated. By Oceana's count, Amazon used 52% more plastic last year compared with 2019, the first year the group conducted its analysis. In 2021, Target, Walmart, Coca-Cola, and PepsiCo each used more plastic packaging than the previous year, contributing to an overall 4.3% increase across brands and retailers. California, the largest economy in the US, passed a law in June to cut plastic packaging in the state by 25% over a decade.
The startup modeled hundreds of sheep farms in New Zealand to show ways to reduce emissions. So how do you get hundreds of sheep farmers to adopt new practices to reduce greenhouse-gas emissions and store more carbon in their land? Enter Actual, a Silicon Valley startup that's trying to make decarbonization efforts similar to playing the video game SimCity. Actual relies on a visual and interactive experience to help companies better understand how to take action on their climate goals. Brands like Allbirds, Helly Hansen, and Icebreaker have bought in, too, because they are trying to reduce emissions in their own supply chains.
More than 90% of executives said ESG spending delivered returns within a few years in a new survey. The skepticism and possible recession could undercut ESG spending in 2023. The benefits for a brand are the clearest path to a return on investment, Singh said. Further analysis by Infosys found that a 10-percentage-point increase in ESG spending correlated with a profit growth of 1 percentage point. Even so, there are changes a company can make that don't cost any money but deliver returns, Singh said.
World Cup organizers will buy carbon offsets to help cancel out greenhouse gas emissions. Qatar moved the World Cup to winter for the first time to protect attendees from blistering heat. Qatar World Cup organizers jumped into one of the most hotly debated climate issues when it announced the tournament would be "carbon neutral." Elgendy said some of the emissions associated with building them should be attributed to the World Cup — but not all. He doubted that the US, Mexico, and Canada, which will jointly host the 2026 World Cup across 16 cities, would strive for the same goal.
Developing nations won creation of a "loss and damage" fund for climate disasters. Climate diplomats left Sharm el-Sheikh, Egypt, with a historic deal — 30 years in the making — for rich countries to pay developing nations for the damages they are already facing from a warming planet. But the negotiators who gathered in the resort city along the Red Sea failed to hammer out a more aggressive plan to curb the greenhouse gas emissions that are driving the crisis. The agreement follows a decades-long push by a coalition of developing nations known as the G77+ China. That country, despite being the world's largest polluter, is considered a developing country by international institutions and therefore isn't obligated to contribute to climate finance.
Nike's leather usage increased 35% last year because of the demand for iconic shoes such as Dunks. The popularity of the shoes pushed up Nike's leather use by 35% last year and put the company behind a goal to use more sustainable materials. "What's more important, financial goals or carbon footprint goals? But last year, it accounted for 0.1% of Nike's leather usage. Nike's also introducing new sustainable silhouettes, including a sneaker that can be easily taken apart for ease of recycling.
WATCH NOW: COP27 Reporter's Notebook
  + stars: | 2022-11-21 | by ( ) www.businessinsider.com   time to read: +1 min
Watch below starting at 2PM ET on Monday, November 21. Sign up for our newsletter to get the latest on the culture & business of sustainability — delivered weekly to your inbox. Loading Something is loading. Hear observations and breaking news from the United Nations Framework Convention on Climate Change (COP27). Speakers includeTim ParadisFuture of Business Editor, InsiderFuture of Business Editor, Insider Catherine BoudreauSenior Sustainability Reporter, InsiderRead more here
Fossil-fuel interests are fighting for natural gas at the United Nations' COP27 climate summit. But natural gas is mostly methane — a greenhouse gas 80 times more potent than carbon dioxide — and it leaks. One-third of the fossil fuel lobbyists Global Witness identified are registered as part of national delegations, according to Dominic Kavakeb, a spokesperson for Global Witness. Fossil fuel influence threatens to undermine progress on one of the most powerful, immediate climate solutions: ending human methane emissions. While methane's consequences are severe, the good news is that countries and industries can quickly slow climate change by cutting methane emissions.
He slashed funding for environmental enforcement and halted government efforts to demarcate Indigenous' peoples lands. He is executive coordinator of the Articulation of Indigenous Peoples of Brazil, a group advocating for land rights and greater representation in Brazil's government. Bolsonaro's actions legitimized an increase in violence against Indigenous peoples, Tuxá told Insider on the sidelines of COP27. A slice of the funding was set aside for securing land rights for Indigenous people. Still, nearly $2.6 billion was spent in 2021, including at least $321 million to help secure land rights for Indigenous peoples, according to progress reports.
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