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Running of Not? Notable Quote
Michael Bloomberg
Date: 2019-01-30
"Whether I run for president (in 2020) or not, I will work to ensure that fighting climate change, and spurring economic development in areas that have depended on fossil fuels, is a top priority for the Democratic nominee." -- Former NYC mayor Michael Bloomberg, a billionaire business tycoon and philanthropist, Republican-turned-independent who returned to the Democratic fold in 2018. Contact: Michael Bloomberg, Bloomberg Philanthropies Foundation, www.bloomberg.org

More Low-Carbon Energy News Michael Bloomberg,  


CarbonCure Among 2019 Global Cleantech 100 Again (Ind. Report)
CarbonCure,NRG COSIA Carbon XPRIZE
Date: 2019-01-30
For the fourth consecutive year, Halifax, Nova Scotia-headquartered CarbonCure Technologies, a company leading a mission to reduce the carbon footprint of the concrete industry, has been named in the 2019 Global Cleantech 100, an annual guide to the leading companies and themes in sustainable innovation.

The CLeantech 100 features the private, independent, for-profit companies best positioned to solve tomorrow's clean technology challenges. This year marks the 10th edition of the list.

Concrete is the second most abundant man-made material in the world, and cement, its key ingredient, is responsible for an estimated 7 pct of global CO2 emissions. CarbonCure's proprietary technology uses recycled CO2 to improve the manufacturing process of concrete, while reducing the carbon footprint of the resulting concrete products.

CarbonCure is a recognized leader in the global CO2 Capture and Utilization (CCU) industry, estimated to be valued at $1 trillion by 2030. The CarbonCure Technology is being used by more than 100 concrete producers across North America to reduce concrete's carbon footprint, create new production cost savings and gain a competitive sales advantage. The company is a recognized leader in the growing industry of CO2-utilization, which is expected to reduce global greenhouse gas emissions by 15% by 2030. CarbonCure is also one of 10 finalists in the $20 million NRG COSIA Carbon XPRIZE challenge, and is a portfolio company of Breakthrough Energy Ventures, which is backed by Bill Gates, Vinod Khosla, Sir Richard Branson, Jeff Bazos, Michael Bloomberg and other business leaders. (Source: CarbonCure Technologies, PR, 29 Jan., 2019) Contact: CarbonCure Technologies, Robert Niven, CEO, (902) 442-4020, info@carboncure.com, www.carboncure.com; NRG COSIA Carbon XPRIZE, www.carbon.xprize.org; Breakthrough Energy Ventures, www.b-t.energy/ventures

More Low-Carbon Energy News Breakthrough Energy Ventures,  CarbonCure,  NRG COSIA Carbon XPRIZE,  


Pittsburgh Wins $2.5Mn in Bloomberg American Cities Climate Challenge (Ind. Report)
Bloomberg American Cities Climate Challenge
Date: 2018-10-22
Former New York City Mayor Michael Bloomberg has announced that Pittsburgh -- the Steel City -- is a winner in the Bloomberg American Cities Climate Challenge -- a $70 million initiative aimed at accelerating efforts to tackle climate change and promote a sustainable future.

Pittsburgh will use the money to create and implement a building energy benchmarking policy, develop a statewide clean energy financing program, scale renewable power through community solar programs, encourage a shift in transportation energy use operation, and reduce over-all energy consumption by 50 pct.

About 100 of America's largest cities applied to the challenge, submitting bold plans to cut carbon emissions, Bloomberg said. All aimed to reduce air pollution and citywide emissions with specific projects to reform transit and buildings sectors -- two areas traditionally responsible for 80 pct of all citywide emissions. Atlanta, Los Angeles, Portland, San Diego, San Jose and Seattle were also Challenge winners. (Source: Bloomberg Philanthropies, TRIB Live, 21 Oct., 2018) Contact: Bloomberg American Cities Climate Challenge, www.bloomberg.org/program/environment/climatechallenge

More Low-Carbon Energy News Energy Efficiency,  Building Energy Benchmark,  Climate Change,  


CarbonCure Announces Major Strategic Investment (Ind. Report)
CarbonCure
Date: 2018-09-28
Halifax, Nova Scotia-based CarbonCure Technologies Inc. is reporting the closure of a major investment led by Breakthrough Energy Ventures, one of the world’s most sought-after clean technology investment partners.

The Breakthrough Energy Ventures fund was created to accelerate the world's transition to clean energy, and is backed by Bill Gates, Vinod Khosla, Sir Richard Branson, Jeff Bazos, Michael Bloomberg and other business leaders.

The round includes the GreenSoil Building Innovation Fund and a follow-on investment by the Industrial, Clean and Energy Technology Venture Fund of BDC Venture Capital. Investors from prior rounds include: Pangaea Ventures, 350 Capital, Innovacorp, Brightpath Capital Partners, Neo Ventures, the Shaw Group, Power Generations, and Carmanah Management.

According to CarbonCure CEO Rob Nixon, CarbonCure "made it simple and profitable for the construction industry to build resilient structures with lower CO2 emissions. Every tonne of CO2 utilized in concrete production with the CarbonCure Technology results in a multiplier effect that saves an additional 28 tonnes of CO2 and over $3,100 in production efficiencies. This strategic investment allows CarbonCure to scale our impact by expanding into international markets and commercializing new value-added solutions for the concrete industry that further improve its sustainability and production efficiencies."

With its expanded portfolio of technologies and entry into international markets, CarbonCure has the potential to reduce up to 700 megatonnes of embodied carbon emissions each year. (Source: CarbonCure, PR, 26 Sept., 2018) Contact: Greensoil Building Innovation Fund, www.greensoil-investments.com; Breakthrough Energy Ventures, www.b-t.energy/ventures; CarbonCure, Robert Niven, CEO, (902) 442-4020, info@carboncure.com, www.carboncure.com

More Low-Carbon Energy News CarbonCure,  


Bloomberg Confirms $4.5Mn Climate Commitments (Ind. Report)

Date: 2018-04-30
Billionaire businessman, philanthropist and thrice Mayor of New York City Michael Bloomberg has confirmed he and his Bloomberg Philanthropies Foundation will meet a previously announced $4.5 million shortfall in funding to the UN caused by President Trump's decision to withdraw from the Paris climate agreement.

According to Bloomberg, "The US pledged to work with the rest of the world to fight climate change under the Paris Agreement, and that includes providing our fair share of the funding to help countries reach their goals. Our foundation will uphold our promise to cover any cuts to UN climate funding by the (US) Federal government -- and the American people will uphold our end of the Paris Agreement, with or without Washington." (Source: Bloomberg Philanthropies Foundation, UN Environment. 23 April, 2018) Contact: Bloomberg Philanthropies Foundation, www.bloomberg.org

More Low-Carbon Energy News Climate Change,  Michael Bloomberg,  


Notable Quote
Coal
Date: 2017-11-17
"Promoting coal at a climate summit (COP23) is like promoting tobacco at a cancer summit."

-- Former NYC Mayor and billionaire philanthropist Michael Bloomberg commenting on Trump White House climate advisor George David Banks' promoting clean coal at COP23 conference in Bonn

More Low-Carbon Energy News Coal,  Michael Bloomberg,  


Bloomberg Launches AMERICAS PLEDGE in Bonn (Int'l Report)
COP23,Bloomberg
Date: 2017-11-13
"This coalition represents more than half of the US economy. If this group were a country, we would have the world's third largest economy. In other words, a group of citizens, states and businesses who remain committed to the Paris agreement represent a bigger economy than any country in the world, outside the US and China.

"We (the coalition) should have a seat at the (COP23) table and the ability to work with our peers in other nations. That is the aim of our pavilion." -- Former NYC Mayor, billionaire philanthropist Michael Bloomberg launching AMERICAS PLEDGE a coalition of cities, states and businesses representing more than half of the US economy in Boon, 11 Nov., 2017.

Bloomberg, the UN climate body's special envoy for cities, said non-state actors had already taken the US "half way" to meeting the national carbon-cutting pledge made under former president Barack Obama: a 26-28 pct cut in emissions from 2005 levels by 2025.

Download AMERICAS PLEDGE HERE.

More Low-Carbon Energy News COP23,  Climate Change,  Michael Bloomberg,  Climate Change,  


Bloomberg Adding $64Mn to War on Coal Arsenal (Ind. Report)
Bloomberg
Date: 2017-10-16
According to bloomberg.com, former Big Apple Mayor Michael Bloomberg contributing $64 million towards the fight against coal power plants. The , will benefit from the donation. The new funds are intended to support the Sierra Club and environmental groups working with mayors, governors, utility regulators and private sector leaders to "develop, implement and strengthen policies" that make it easier for solar and wind power to compete, according to a news release. The effort is aimed at closing 60 pct of the nation's coal-fired power plants by the end of 2020.

The Bloomberg initiative comes on the heels of the Trump administration's announcement that it will begin an appeal of the Obama administration's Clean Power Plan mandating 32 pct cuts in CO2 emissions by 2030. (Source: Bloomberg.com, 12 Oct., 2017)

More Low-Carbon Energy News Clean Power Plan,  Bloomberg,  Climate Change,  Coal,  


Notable Quotes and Responses to Trump's Paris Climate Withdrawal

Date: 2017-06-05
"Today's decision is a setback for the environment and for the U.S.'s leadership position in the world. -- Goldman Sachs CEO Lloyd Blankfein

"The ($15 million Bloomberg Philanthropies) pledge aims to fill a significant funding gap that comes as a result of President Donald Trump's announced withdrawal from the Paris agreement and proposed steep budget cuts for international programs, including on climate," -- Michael Bloomberg, Bloomberg Philanthropies.

Bloomberg's $15 million pledge aims to "support the operations" of the United Nation's Framework Convention on Climate Change (UNFCCC), the UN agency that coordinates the Paris pact.

"Protecting our planet and driving economic growth are critical to our future, and they aren't mutually exclusive. I deeply disagree with the decision to withdraw from the Paris Agreement." -- Bob Iger, CEO, Disney

"Climate change is real. Leaving Paris is not good for America or the world," -- Elon Musk, CEP, Tesla Motors

More Low-Carbon Energy News Paris Climate Agreement,  Donald Trump,  

More Low-Carbon Energy News Paris Climate Agreement,  Donald Trump,  

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