Tag: Bill Gates

clean energy, Climate Action, Climate Change, Innovation

Breakthrough Tech Start-up Antora Energy to Receive $50M | Thermal Battery

Washington (CAR) Analysis | February 21, 2022, by Climate Journalist Noreen Wise; Image Credit: AdobeStock

Decarbonizing American industry in order to reach our Paris Agreement targets and save humanity has seemed like an impossible mission thus far. The high heat necessary to produce materials like steel, cement, paper, aluminum, plastics, chemicals, etc, which require temperatures above 1000ºC, (steel melts at 1500ºC), haven’t been achievable at a scalable cost. This is an alarming reality considering American industry must eliminate 8 gigatons of carbon (GtC) per year. That’s 8 billion tons of carbon per year by 2050, and 4 GtC by 2030. The steel industry on its own must cut 3 of the 8 GtC, and the cement industry, 2 of the 8 GtC.

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carbon, Climate Action, Climate Change, Innovation, Technology

Carbon Capture and Removal Start-up Verdox Launches with $80 Million Commitment

Washington (CAR) Analysis | February 3, 2022, by Climate Journalist Noreen Wise; Image Credit: AdobeStock

Start-up Verdox has officially launched after being awarded an $80 million commitment for direct carbon capture and removal from three investment firms: Prelude Ventures, Lowercarbon Capital and Bill Gate’s Breakthrough Energy Ventures. The revolutionary electrochemical technology was pioneered by MIT’s  Professor T. Alan Hatton and Dr. Sahag Voskian.

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