Fervo Energy’s Post

Today, the NewDEAL Forum Climate Policy Group – led by #NewDEALers Ben Allen, Phillip Jones, and Rebecca Perkins Kwoka – has released a comprehensive guide to federal funding for state and local policymakers to implement clean energy projects in their communities. Learn about the available fundings streams for building a green future and how those dollars are already being leveraged across the country. https://lnkd.in/g7k57p5S

Today is #EarthDay. Our report, “The Climate Catalyst,” outlines recommendations to support research and innovation for clean energy solutions, cleantech, & climate adaptation, leveraging Ontario’s competitive advantage. #InvestInOurPlanet Read the report: https://bit.ly/3KWfOAs

Can you believe it’s been a year since we published our flagship methodology guidance, Pre-Investment Considerations: Diving Deeper into Diving Deeper into Assessing Future Greenhouse Gas Impact? In the year since, the methodology has been viewed nearly 7,150 times and had 1,080 downloads! Even cooler: more than 50 percent of our Annual Survey respondents said they follow our methodology for their own future GHG impact assessments. Wild! 🤯 None of this would have been possible without our stellar authors and community of experts who drive our work forward, hold us accountable, and ensure that our guidance meets your needs. Thank you for your commitment to improving climate investing  guidance so we can confidently drive capital towards the best possible climate solutions to secure a liveable climate! We have updates on the way, but until then, dive in at https://lnkd.in/d7tnVsid #ImpactAccountability #GhgEmissions #IMM #ImpactInvesting Prime Coalition Climate Investment (CI) Nysnø Climate Investments The Roda Group Rho Impact Energy Impact Partners Carbon Direct Capital Clean Energy Ventures Prelude Ventures Breakthrough Energy AENU Galvanize Climate Solutions World Fund OnePointFive (opf.degree)

Leading climate scientists agree that achieving climate targets will require #carbonremovals. 🌍 But it is essential that buyers ensure they’re securing high-quality carbon removals to forge the path to a climate positive future. 🤝 As pioneers of the carbon removal technology, #BECCS, we’re working with the carbon credits industry to support the development of high integrity standards for carbon removals. So, organizations can be confident that the investment is delivering real climate benefits. 👥 🔗 In our blog, learn more about how to build a high-quality carbon portfolio: https://lnkd.in/esAJCBya

This new guide from the Natural Climate Solutions Alliance explains how delivering emissions results through #NatureClimateSolutions projects is a long-term, complex, and technical process that requires collaboration. Project developers with scientific and operational expertise; investors with a long-term outlook and financial resources; and the communities that own the land or will be directly affected by the project activities all have an important role to play in any project's success. Read: https://lnkd.in/edSvxjQW WBCSD – World Business Council for Sustainable Development

This week, our Executive Director Jessie Stolark spoke at a #NYClimateWeek event hosted by the Global CCS Institute, Clean Air Task Force, and Clean Energy Ministerial about the landscape for the deployment of #carbonmanagement technologies in #heavyindustry to meet midcentury climate goals. Jessie spoke with Larissa Lee Beck and Jarad Daniels about what we must do to enable the necessary policy framework for these technologies worldwide, specifically touching on how in the near term, the Carbon Capture Coalition sees two issues we need to address ASAP in the US to help meet the IEA’s deployment goal of 1 billion tons of CO2 captured by 2030. ✅💲Costs: The cost gap between the credit levels provided by 45Q and cost of deployment is growing due to inflation, making deployment of carbon management in heavy industry not cost-effective today. We must immediately adjust #45Q for inflation to stop the real erosion of the credit value. ✅🏗 Permitting: The available permitting framework for CO2 transport and storage is causing significant barriers to the efficient and responsible deployment of carbon management projects; in particular, uncertainty around the permitting for geologic storage of captured CO2 is creating uncertainty for financing and moving forward on these projects. Larissa Lee Beck ended the panel with a call to action for companies and nonprofit organizations to work together to solve deployment challenges through policy, and the Carbon Capture Coalition couldn’t agree more! We appreciate the opportunity to be part of these important conversations about climate and energy policy at Climate Week and around the country.

We’re delighted that our work is featured in the latest Ceres, Inc. report, including our definition of Avoided Emissions, our pioneering 2017 methodology, "Climate Impact Assessment for Early-Stage Ventures," and the CRANE Tool, developed with Rho Impact, which is a vital resource for reducing barriers to emissions impact assessments for early-stage technologies. These acknowledgments reflect our commitment to driving capital toward impactful climate solutions. Additionally, Ceres highlighted Project Frame’s forward-looking impact approaches, including potential and planned impact, emphasizing the critical role of transparency in reducing greenwashing risks and guiding investors toward more informed decisions. Explore the report to see how Prime is helping to shape the future of climate finance and emissions impact!" https://lnkd.in/e59FHsi8 #ClimateAction #ClimateFinance #ImpactAccountability #ImpactInvesting #GhgEmissions

✋ Wait, stop scrolling. Take 5 minutes to hear why our team sees huge potential in voluntary carbon markets. We understand that the voluntary carbon market is an effective means to reduce net carbon emissions. We channel private capital into climate solutions, ensuring long-term relationships with trusted carbon project developers that deliver independently verified emissions reductions. This enables companies to achieve ambitious climate goals by complementing their internal emission reductions with the purchase of carbon credits. #CarbonFinance #NatureBasedSolutions #NaturalClimateSolutions

⏳ The urgency of the climate crisis demands that we immediately and skillfully use every climate mitigation strategy available to us. Natural climate solutions – along with a phase out of fossil fuels and a transition to renewable energy – are essential for tackling the intertwined challenges of climate change and nature loss. As part of a wider move to raise the integrity and transparency of these solutions, a new paper has dropped. The Nature Conservancy’s Peter Ellis, Global Director of Natural Climate Solutions Science, has led the development of five principles for identifying and implementing high integrity natural climate solutions. The paper recommends natural climate solutions be: 1. Nature-based; 2. Sustainable; 3. Climate-additional; 4. Measurable; and  5. Equitable. Clearly defining high integrity is essential if we are to unlock the full potential of nature and tackle climate change. 👇 You can download the full paper in the comments below and make sure you are following Respira on LinkedIn to see similar summaries of new reports. #NaturalClimateSolutions #ClimateMitigation #ClimateChange

The fight against #climatechange is not a one man show. Effective collaboration between the Public and Private sector is what will guarantee progress. As the #Private sector leads in resource mobilization, the #Public sector should ensure we have sound policies adequate enough to attract clean energy investments and intentional enough to create a favorable environment that guarantees effective utilization of such resources. Our focus should be on unlocking all leavers and creating a symbiotic system that is efficient enough to guarantee attainment of #climateaction goals. 🎯🔋