COP29 Climate Summit Yields $300 Billion Annual Climate Finance Agreement
After intense negotiations, nearly 200 nations agree on a climate finance pact committing developed countries to provide $300 billion annually by 2035 to support developing nations in climate action.
Climate Change Linked to Mysterious Exploding Craters in Siberia
Scientists have developed a new theory explaining the formation of mysterious exploding craters in Siberia, linking their occurrence to climate change and methane release from permafrost.
McDonald's Supplier to Use Modified Corn Feed to Reduce Cattle Emissions
McDonald's meat supplier Lopez Foods will use Syngenta's Enogen corn feed to potentially reduce greenhouse gas emissions from cattle.
Goldman Sachs: Net Zero Transition to Cost $75 Trillion by 2070
Goldman Sachs estimates that reaching net zero emissions by 2070 will require a $75 trillion investment, more than double previous projections.
OroraTech Raises $27 Million to Enhance Wildfire Prediction Technology
Munich-based OroraTech secures $27 million in Series B funding to expand its AI-powered wildfire prediction and monitoring services.
Increasing Frequency and Severity of Hurricanes Impact Energy Sector and Economic Growth
Climate change is intensifying hurricanes, leading to more frequent and powerful storms that are causing significant economic damage and disrupting energy infrastructure.
Former Google CEO Eric Schmidt calls for more AI data centers despite climate concerns
Eric Schmidt advocates for expanding AI data center capacity, arguing climate goals are unattainable regardless.
IoT and AI Combine to Combat Wildfires in Innovative Forest Protection System
Dryad Networks develops an IoT-based wildfire detection system using gas sensors and AI to detect fires at early stages, potentially reducing global CO2 emissions.