The California Air Resources Board (CARB), the regulator charged with developing and enforcing the state’s new corporate climate reporting regulations, unveiled its proposed Scope 3 approach for its upcoming emissions reporting regulations for large companies, limiting mandatory initial disclosures to 5 key value chain categories, following feedback from companies expressing concerns about cost and data availability. The regulator also provided…
Guest post by: Carolina de Azevedo, Head of Impact & ESG, Emerald Technology Ventures In a recent episode of the Dwarkesh Podcast, Elon Musk made a provocative prediction: within three years, the most economically compelling place to build AI data centers will be space. Whether or not that prediction proves correct is almost beside the point. What is revealing is…
Automation, robotics, and sustainable materials startup Hyperion Robotics announced that it has raised $7.4 million in a growth funding round, with proceeds from the financing aimed at supporting the expansion of its platform to produce infrastructure components faster, at lower cost, and with a substantially lower carbon footprint. Founded in 2020 by Fernando De los Rios, Ashish Mohite, and Henry…
A coalition of 19 state Attorneys General* announced that they have moved to join a lawsuit against the U.S. Department of Defense (DoD) and Secretary Pete Hegseth, alongside other senior DoD officials for blocking the advancement of more than 100 wind projects across the U.S. by refusing to carry out routine national security reviews of the projects. While federal law…
Sustainability-focused investment manager Mirova announced an investment of €150 million (USD$171 million) in renewable energy developer Yanara, aimed at accelerating the development of Yanara’s utility-scale renewable energy portfolio in Australia. Founded in 2019, and spun off from BrightNight in 2025, Yanara develops, builds, owns and operates utility-scale hybrid renewable energy projects integrating solar, wind and battery energy storage systems (BESS)…
Air Canada and Airbus announced a series of initiatives aimed at scaling the sustainable aviation fuel industry in Canada, including plans to establish a jointly funded Sustainability Co-Investment Platform, aimed at supporting a commercial-scale Sustainable Aviation Fuel (SAF) industry in Canada. Under the initiative, the companies said that they will invest up to approximately CAD$13.7 million (US$10 million), through the…
Seven out of ten companies reporting under the EU’s Corporate Sustainability Reporting Directive (CSRD) that have disclosed climate transition plans, increasing significantly over the past year, while the share, according to a new report released by the European Financial Reporting Advisory Group (EFRAG) examining the implementation practices of the European Sustainability Reporting Standards (ESRS). The report also included new indicators assessing companies’…
Constellation Technology Ventures, the venture capital arm of U.S. nuclear power company Constellation Energy, announced a strategic equity investment in modular nuclear power plant developer Blue Energy. The investment marks the first for Constellation in a U.S. developer of small modular reactors (SMRs) and will support the deployment of advanced nuclear technology in the U.S., the companies said. David Dardis,…
The European Commission announced the introduction of a new Electrification Action Plan, designed to tackle barriers to and incentivize the adoption of electrification for consumers and businesses, in a bid to cut the EU’s reliance on fossil fuels. As part of the plan, released alongside the Commission’s ETS review, the Commission said that it will assess an indicative electrification target…