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Category: climatology – Page 63

Structuring, Financing & Growing Novel Longevity Ventures — Dr. Tobias Reichmuth Ph.D., Founding Partner, Maximon

Dr. Tobias Reichmuth, Ph.D. is Founding Partner at Maximon (https://www.maximon.com/), The Longevity Company Builder, which empowers entrepreneurs to build impactful, science-based and scalable companies providing healthy aging and rejuvenation solutions.

Maximon recently announced the launch of their 100 million CHF Longevity Co-Investment Fund, which will be looking to invest up to CHF 10 million per company, which allows them to finance up to 10–12 start-ups in this fast growing industry over the next four years.

In 2020, Dr. Reichmuth launched the Longevity Investors Conference together with Marc P. Bernegger, another Maximon Founding Partner.

Dr. Reichmuth previously founded the climate-change infrastructure fund / asset management company SUSI Partners AG, where he spent over a decade specializing in infrastructure investments in the context of energy transition (renewable energy, energy efficiency, energy storage solutions) and invested more than one billion Swiss francs.

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Scientists announced Tuesday that they have for the first time produced more energy in a fusion reaction than was used to ignite it—a major breakthrough in the decades-long quest to harness the process that powers the sun.

Researchers at the Lawrence Livermore National Laboratory in California achieved the result last week, the Energy Department said. Known as a net energy gain, the goal has been elusive because fusion happens at such high temperatures and pressures that it is incredibly difficult to control.

The breakthrough will pave the way for advancements in national defense and the future of clean power, Energy Secretary Jennifer Granholm and other officials said.

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A Dutch entrepreneur is helping to fight climate change rather unexpectedly — by using cryptocurrency mining to grow tulips!

In a modern twist, the Dutch are using bitcoin mining to reap an age-old bounty — tulips! Known for centuries as one of their most iconic cash crops, these beloved flowers now have another purpose in Holland: powering cryptocurrency.

The idea is so promising that even philosopher Nassim Nicholas Taleb has compared bitcoin mining in greenhouses to his concept of the “black swan” event. Despite the comparisons to Tulipmania, Koning believes that Dutch agriculturalists could benefit greatly from bitcoin mining in the years ahead.

Even though the cryptocurrency sector is currently facing a major downfall – from $16,300 per unit to $68,000 in 2021, De Groot is not worried.

He believes that Bitcoin will last forever and will continue to provide benefits when it comes to cash crops.

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Dust devils have played crucial roles in Mars rover missions.

Scientists analyzed the sound recordings of a Martian dust devil traveling across Mars’ ancient lakebed, the Jezero crater, for the first time. The researchers carried out an analysis of multi-sensor data that suggested the dust devil was more than 118 meters (387 feet) tall. As per a press statement, the findings may improve our understanding of surface changes, dust storms, and climate variability on Mars, which may have implications for space exploration.

NASA/JPL-Caltech/MSSS

The researchers carried out an analysis of multi-sensor data that suggested the dust devil was more than 118 meters (387 feet) tall. As per a press statement, the findings may improve our understanding of surface changes, dust storms, and climate variability on Mars, which may have implications for space exploration.

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Could video streaming be as bad for the climate as driving a car? Calculating Internet’s hidden carbon footprint.

We are used to thinking that going digital means going green. While that is true for some activities — for example, making a video call to the other side of the ocean is better than flying there — the situation is subtler in many other cases. For example, driving a small car to the movie theatre with a friend may have lower carbon emissions than streaming the same movie alone at home.

How do we reach this conclusion? Surprisingly, making these estimates is fairly complicated.

ATHVisions/iStock.

This is remarkable given that we have been able to estimate quite accurately phenomena that are much more complex. In this case, we would only need quantitative information – the electrical energy and the amount of data used – that can be determined with great accuracy. The current situation is not acceptable and should be addressed soon by policymakers.

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The science of meteorology has taken tremendous strides in the past two decades thanks to a confluence of several inputs: improved computing power; better modeling of data; more observational data points ranging from the device in your hand to the satellites orbiting earth; and advanced data science applications. As recently as two decades ago, providing an accurate forecast three to four days out was considered innovative. Today a five-day forecast is accurate about 80 percent of the time. Most weather experts are predicting even more extended accuracy by 2030 with the application of artificial intelligence for numerical weather prediction output. But beyond improving accuracy, here are a few other forecasting trends to watch in 2023.

Hyper-relevant Forecasting

Just like other sets of analytics have become more tailored, or localized to the user, weather intelligence is bringing forecast relevancy to an individual organization or entity. A business can determine which risks are most significant to their operations, such as wind gusts, lightning, heavy rains, and ice accretion, and then be alerted when those risk thresholds are met. While there’s growing use among utilities, municipalities and other infrastructure decision makers, hyper-relevant forecasting is growing in other sectors. For example, by combining weather data with purchasing trends and consumer demand data, one grocery chain learned that even a small change in temperature can result in a significant shift in what people buy. The store improved its revenues by modeling this impact and managing inventory accordingly. Even sports teams are applying hyper-relevant forecasting for everything from daily stadium operations to food and beverage decisions and strategic game plays.

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Environmentalists are up in arms.

The U.K. has approved its first coal mine in 30 years, despite climate concerns. The British government approved the move on Wednesday, Dec. 7, 2022, just one year after it hosted the major climate summit, COP26, reported the BBC

The mine, near Whitehaven in Cumbria, will take two years to build and is set to produce around 2.8 tonnes of coking coal per year, according to the Washington Post.

Environmentalists have voiced their concerns, saying the new mine will stoke global emissions and spread a negative message around the world about Britain’s climate image.

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Government support is needed, however, to help consumers overcome heat pumps’ higher upfront costs relative to alternatives. The costs of purchasing and installing a heat pump can be up to four times as much as those for a gas boiler. Financial incentives for heat pumps are now available in 30 countries.

In the IEA’s most optimistic scenario – in which all governments achieve their energy and climate pledges in full – heat pumps become the main way of decarbonising space and water heating worldwide. The agency estimates that heat pumps have the potential to reduce global carbon dioxide (CO2) emissions by at least 500 million tonnes in 2030 – equal to the annual CO2 emissions of all cars in Europe today. Leading manufacturers report promising signs of momentum and policy support and have announced plans to invest more than US$4 billion in expanding heat pump production and related efforts, mostly in Europe.

Opportunities also exist for heat pumps to provide low-temperature heat in industrial sectors, especially in the paper, food, and chemicals industries. In Europe alone, 15 gigawatts of heat pumps could be installed across 3,000 facilities in these three sectors, which have been hit hard by recent rises in natural gas prices.

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The new concepts are part of the company’s initiative to get the aviation industry to net-zero by 2050.

Brazilian aerospace company Embraer announced new aircraft concepts this week to reduce carbon emissions. The new concepts would also help the aviation industry meet its net-zero climate goals by 2050, a company report explains.

The news comes a year after the company detailed the study of four new aircraft concepts powered by new technologies and renewable energies amid the backdrop of the COP26 climate conference in Glasgow, Scotland, which addressed what governments can do to avert the worst effects of climate change.

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