Planktos, everyone’s favorite group of angry scientists that sketched out plans to sequester carbon dioxide in the world’s oceans, is back in a new form.
Planktos Science, a new company, plans to work on “ecoforestation” of new ecosystems on land and sea, according to a posting on the company’s web site. The company will be headed [...]
The State of New York draws ever closer to shooting itself in the foot, as chances for success begin to run out for the planned $4.5 billion acquisition of Energy East by Spain’s Iberdrola. State judge Rafael Epstein ruled Tuesday the acquisition should be blocked because of its potential to raise electricity rates across the [...]
British Energy’s board is set to recommend a £10 billion take over offer from Électricité de France, say reports from inside London’s financial district. Analysts covering the deal say rival bids from Iberdrola and RWE were unlikely to match EDF’s, though the bid size was far from the only reason for its success. The British [...]
The International Energy Association released a report yesterday calling on governments to start a $45 trillion “energy technology revolution”, arguing it’s the only way to halve CO2 emissions by 2050. This is equivalent to transferring 1.1 percent of global GDP towards green technology over the next 40 years. However, IEA director Nobuo Tanaka argues the [...]
Agriculture giant Monsanto will develop seeds that promise to double the output of crops like cotton, corn, and soy by 2030. Importantly, the Sustainable Yield Initiative, as the company is calling its latest effort, will also reduce the number of inputs required to grow the crops, such as water and chemical fertilizer, by more than [...]
Over the weekend, 191 signatory countries to the UN Convention on Biological Diversity voted to institute a moratorium on ocean fertilization. The vote impacts the ongoing work of companies like Climos and the Ocean Nourishment Corporation, both of which were attempting to spur ocean-based algae growth in a bid to sequester CO2 and sell offset [...]
Green Light is the traffic cop at the intersection of green technology, business and policy. We cover the highs and lows of the greentech market, providing news, commentary and analysis on the companies and personalities–-winners and losers alike-–driving its growth and evolution.
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