Carbon Capture Technology Startup Mitico Raises $4.3M to Tackle CO2 Emissions Using Prehistoric Chemistry
Mitico thinks that it has found a way to slash the cost of carbon capture using a simple salt that’s been tweaked for industrial duty, potentially slashing the cost by more than 50% compared to existing technologies. The company's approach, at commercial scale, should be able to capture a metric ton of carbon for much less than $85. By targeting natural gas power plants, Mitico aims to make a significant impact on reducing CO2 emissions.
This breakthrough technology could have far-reaching implications for the energy sector, potentially disrupting traditional fossil fuel-based power generation methods and accelerating the transition towards cleaner energy sources.
Can Mitico's innovative approach to carbon capture technology be scaled up efficiently enough to meet the ambitious global targets set by the Paris Agreement and effectively mitigate climate change?
Alchemy, the global device refurbisher, has learned from big hitters in the mobile distribution industry and has galloped towards $1bn (£790m) in revenue. Alchemy's founders saw a problem in the way mobile phones were being traded and made it their mission to create a platform that facilitates the trade-in of devices from consumers through partnerships with manufacturers, mobile carriers, and retailers. The company's vision has been astute, allowing it to recover devices directly from consumers and refurbish them, reducing carbon emissions by avoiding 540m kg of CO2.
This success story highlights the potential for circular economy practices in the electronics industry, where the value of end-of-life products is maximized through recycling and refurbishment, potentially reducing electronic waste and promoting sustainability.
How can companies like Alchemy scale their operations globally while maintaining their environmental focus, particularly in regions with less stringent regulations on e-waste management?
China has announced a package of major renewable energy projects aimed at peaking its carbon emissions before 2030 and becoming carbon neutral by 2060. The country plans to develop new offshore wind farms, accelerate the construction of "new energy bases" across its desert areas, and construct a direct power transmission route connecting Tibet with Hong Kong, Macao, and Guangdong in the southeast. However, despite these ambitious plans, China's economy is struggling to become more energy efficient, leaving analysts questioning whether the country can meet its environmental targets.
The scale of China's renewable ambitions could potentially serve as a model for other countries seeking to rapidly decarbonize their economies, but it will require significant investment and policy support from both governments and industries.
How will the development of large-scale renewable energy projects in China impact the global supply chain, particularly in the wake of recent supply chain disruptions?
Languishing global prices today mask a very different future for the world’s most-consumed source of power, where investment in new production has dwindled due to a lack of investor confidence. Demand continues to rise in emerging markets, particularly in India and China, which could lead to a sharp rebound in internationally traded coal. This shift highlights the increasing importance of coal as a fuel for artificial intelligence and other industries, posing challenges to climate targets.
The growing reliance on coal by developing countries and its role in powering emerging technologies underscores the need for more nuanced discussions around energy policy and sustainability.
How will the impending supply squeeze impact global energy markets, and what implications will it have for governments and corporations seeking to balance economic growth with environmental concerns?
The United States has withdrawn from the Just Energy Transition Partnership, a collaboration between richer nations to help developing countries transition from coal to cleaner energy, several sources in key participating countries said. JETP, which consists of 10 donor nations, was first unveiled at the U.N. climate talks in Glasgow, Scotland in 2021, with South Africa, Indonesia, Vietnam and Senegal as its first beneficiaries. The decision marks a significant shift in the US's approach to global energy policy and raises concerns about the future of climate change mitigation efforts.
This move highlights the consequences of the Biden administration's shift away from climate change mitigation policies, emphasizing the need for alternative solutions to tackle the growing threat of coal-powered energy.
Will this withdrawal pave the way for other nations to take on a more proactive role in addressing global energy challenges, or will it embolden China and other countries with questionable environmental track records?
The European Commission has given automakers three years, rather than one, to meet new CO2 emission targets for their cars and vans. Companies will be able to sell more electric vehicles without facing heavy fines, while still meeting the EU's target of zero emissions by 2035. The proposal offers "breathing space" to the industry, allowing it to reduce emissions and stay competitive as the EV market ramps up.
By providing automakers with a longer timeframe to comply, the EU is acknowledging that the transition to electric vehicles will be a challenging process, requiring significant investments in technology, manufacturing capacity, and supply chains.
How will the increased focus on electrification impact the automotive industry's role in addressing climate change, particularly in regions with limited access to clean energy sources?
Stellantis has welcomed the European Commission's proposal to soften the bloc's carbon emission targets for cars, which will give automakers three years instead of one to meet new CO2 emission standards. The extended compliance period is seen as a "meaningful step in the right direction" to preserve the auto industry's competitiveness while reducing its environmental impact. This move is expected to provide a boost to Stellantis and other European automakers, enabling them to invest more in electrification and reduce their greenhouse gas emissions.
The softening of EU emission targets for cars signals a significant shift in the automotive industry's approach to sustainability, as companies begin to prioritize environmental responsibility alongside competitiveness.
How will this new approach impact the global electric vehicle market, where countries are now poised to set their own standards rather than following EU guidelines?
Renaissance Fusion has successfully raised €32 million in Series A1 funding to develop a simplified stellarator design aimed at making fusion power cheaper and easier to maintain. The startup's innovative approach combines segmented HTS magnets and liquid lithium walls, which are intended to optimize plasma stability while reducing manufacturing complexity. With plans for a demonstrator set to be ready by the end of 2026, the company aims to prove that its unique reactor design can revolutionize the future of fusion energy.
This funding highlights a pivotal moment in fusion technology, where the quest for practical and cost-effective solutions may finally transition the field from theoretical experimentation to real-world application.
What regulatory and public perception challenges might arise as fusion power moves closer to commercial viability?
The BRICS group's efforts to assume a greater climate leadership role depend on its ability to overcome internal divisions and entrenched disagreements over finance and policy. The group's success at COP16 talks in Rome has set the stage for a more muscular approach, but it must address concerns about the financial obligations of donor countries. The test of its solidarity will be evident in the months ahead as countries prepare to set out their positions on climate change.
If the BRICS can put aside their differences and present a unified front, they may be able to leverage their collective weight to push for more ambitious climate action and greater financial support.
How will the BRICS' approach to climate leadership evolve in light of growing competition from other global powers and non-state actors, such as corporations and civil society groups?
The development of deep-sea mining technology has reached a significant milestone, with companies like Impossible Metals unveiling robots capable of harvesting valuable metals from the seabed while minimizing environmental impact. However, despite these advancements, opposition to deep-sea mining remains fierce due to concerns over its potential effects on marine ecosystems and the lack of understanding about the seafloor's composition. The debate surrounding deep-sea mining is likely to continue, with some arguing that it offers a more sustainable alternative to traditional land-based mining.
The environmental implications of deep-sea mining are complex and multifaceted, requiring careful consideration and regulation to ensure that any potential benefits outweigh the risks.
As the world transitions towards a low-carbon economy, the global demand for metals such as cobalt, nickel, and manganese is likely to increase, raising questions about the long-term viability of traditional land-based mining practices.
TSMC plans to invest $165 billion in the United States, including $100 billion for three new chip manufacturing plants and two packaging facilities, alongside its existing investment of $65 billion. The company's expansion aims to increase production capacity and create thousands of high-paying jobs, with President Donald Trump calling it a "tremendous move" for economic security. This significant investment reflects the growing importance of semiconductors in modern industries, including AI, automobiles, and advanced manufacturing.
The strategic location of TSMC's new plants in Arizona highlights the United States' efforts to re-establish itself as a leading hub for high-tech manufacturing, potentially challenging China's dominance in the industry.
How will this significant investment in US chip manufacturing impact global supply chains and geopolitics, particularly given the ongoing tensions between the US and China over Taiwan?
U.S. President Donald Trump announced that Japan, South Korea, and other countries are interested in investing "trillions of dollars" in a large natural gas pipeline project in Alaska, which he claims would be one of the largest globally. Discussions have begun among South Korean officials and U.S. representatives to explore the feasibility of the liquefied natural gas project, with a focus on mutual economic interests and potential tariff negotiations. Japanese Prime Minister Shigeru Ishiba has indicated that increasing U.S. energy imports could benefit both nations by stabilizing Japan's energy supply and addressing the U.S. trade deficit.
This initiative highlights a growing international collaboration in energy infrastructure, which could reshape geopolitical dynamics and trade relations in the Asia-Pacific region.
What implications might this partnership have for energy security and economic cooperation among nations in a rapidly changing global landscape?
AI startup Anthropic has successfully raised $3.5 billion in a Series E funding round, achieving a post-money valuation of $61.5 billion, with notable participation from major investors including Lightspeed Venture Partners and Amazon. The new funding will support Anthropic's goal of advancing next-generation AI systems, enhancing compute capacity, and expanding its international presence while aiming for profitability through new tools and subscription models. Despite a robust annual revenue growth, the company faces significant operational costs, projecting a $3 billion burn rate this year.
This funding round highlights the increasing investment in AI technologies and the competitive landscape as companies strive for innovation and market dominance amidst rising operational costs.
What strategies might Anthropic employ to balance innovation and cost management in an increasingly competitive AI market?
New methane detectors are making it easier to track the greenhouse gas, from handheld devices to space-based systems, offering a range of options for monitoring and detecting methane leaks. The increasing availability of affordable sensors and advanced technologies is allowing researchers and activists to better understand the extent of methane emissions in various environments. These new tools hold promise for tackling both small leakages and high-emitting events.
The expansion of affordable methane sensors could potentially lead to a groundswell of community-led monitoring initiatives, empowering individuals to take ownership of their environmental health.
Will the increased availability of methane detection technologies lead to more stringent regulations on industries that emit significant amounts of greenhouse gases?
Foxconn's ambitious mega-AI server plant in Guadalajara, Mexico, is set to be completed within a year, despite looming tariffs proposed by former President Trump. With a planned investment of approximately $900 million, this facility will become the world's largest assembly plant for Nvidia's GB200 AI chips, signaling a robust commitment to expanding server-related operations in Mexico amidst ongoing U.S.-China trade tensions. Local government officials have expressed strong support for the project, emphasizing that investment in Jalisco's semiconductor industry continues to thrive, countering potential tariff impacts.
This development highlights the resilience of multinational corporations in navigating geopolitical challenges while capitalizing on opportunities in emerging markets like Mexico.
How might the evolving landscape of U.S.-Mexico trade relations affect future investments in the semiconductor sector?
The UK's push to advance its position as a global leader in AI is placing increasing pressure on its energy sector, which has become a critical target for cyber threats. As the country seeks to integrate AI into every aspect of its life, it must also fortify its defenses against increasingly sophisticated cyberattacks that could disrupt its energy grid and national security. The cost of a data breach in the energy sector is staggering, with the average loss estimated at $5.29 million, and the consequences of a successful attack could be far more severe.
The UK's reliance on ageing infrastructure and legacy systems poses a significant challenge to cybersecurity efforts, as these outdated systems are often incompatible with modern security solutions.
As AI adoption in the energy sector accelerates, it is essential for policymakers and industry leaders to address the pressing question of how to balance security with operational reliability, particularly given the growing threat of ransomware attacks.
The UK government plans to offer households living near new or upgraded pylons discounts of up to £2,500 over ten years to alleviate opposition to essential energy infrastructure projects. This initiative, part of the upcoming Planning and Infrastructure Bill, aims to expedite the development of clean energy sources while providing financial benefits to affected communities. Critics argue that monetary compensation cannot adequately address the aesthetic and environmental impacts of such developments, suggesting alternative investments in local amenities may be more beneficial.
This approach reflects a growing trend in energy policy aimed at balancing infrastructural development with community interests, though it raises questions about the long-term sustainability of such measures.
What implications could these financial incentives have on public perception and acceptance of future energy infrastructure projects across the country?
Oil supplies are on the way up, with prices dropping below $70 a barrel, giving little incentive for US shale drillers to increase production. The increasing output of President Donald Trump's America is expected to have a lasting impact on global energy markets, but its effects will depend on how long this period of influence can last. As the industry adjusts to new dynamics, companies are also navigating changing commodity prices and trade policies that could affect the market.
The rising oil production in the US, coupled with increased output from OPEC+ countries, may signal a shift away from tight supplies and towards more abundant resources, potentially disrupting the current price dynamics.
How will the subsequent decline in US shale drillers' incentives to increase production impact the country's energy security and global influence over the next few years?
Donald Trump has expressed his intention to dismantle the CHIPS and Science Act, a pivotal $280 billion initiative aimed at bolstering semiconductor manufacturing and technological innovation in the U.S. The act has fostered significant investments and created a new directorate within the National Science Foundation, which is now facing existential threats due to proposed funding cuts. As the U.S. navigates these regulatory changes, there are growing concerns that innovation will stagnate, ultimately allowing rivals like China to gain a competitive edge in technology.
The potential dismantling of the CHIPS Act highlights the precarious balance between government funding and private sector innovation, which could reshape the landscape of technological advancement for years to come.
In what ways might the U.S. government need to adapt its approach to retain top scientific talent amid increasing competition from countries like China?
TSMC is set to announce a major investment in its US chip plants, with President Donald Trump expected to unveil the plan at the White House on Monday. The company's planned $100 billion investment would bolster Trump's pledge to make the US dominant in AI production. TSMC has already committed $65 billion in US investments for manufacturing facilities in Arizona.
This massive investment could mark a significant shift in the global semiconductor landscape, as TSMC and other major chip manufacturers look to establish a strong presence in the US.
How will this increased focus on domestic chip production impact the ongoing trade tensions between the US and Taiwan, which have threatened tariffs on foreign-produced chips?
Pamica Technology Corporation showcases an attractive profile with its earnings growth of 30.7% over the past year, outpacing the Electrical industry’s 1.3%. The company seems to manage its finances prudently as it has more cash than total debt and maintains a price-to-earnings ratio of 26.9x, which is below the CN market average of 37x. Despite not being free cash flow positive recently, Pamica continues to exhibit high-quality earnings.
This emerging player's ability to manage its growth without sacrificing financial health could be a model for other companies in Asia's rapidly evolving tech sector.
How will Pamica Technology's focus on sustainable materials and production processes align with the growing demand for environmentally friendly technologies in the global market?
Taiwan Semiconductor Manufacturing Company (TSMC) continues to assert its dominance in the semiconductor industry, leveraging its position to attract investment despite geopolitical tensions. The company has committed $100 billion to U.S. manufacturing and R&D, enhancing its global supply-chain security while catering to its American clientele, including major tech firms. As TSMC diversifies its operations beyond Taiwan, it not only mitigates risks but also fosters closer collaboration with U.S. partners, positioning itself favorably for future growth.
This strategic pivot underscores how economic imperatives can drive corporate decisions even amid challenging political landscapes, highlighting the intricate interplay between technology and geopolitics.
What implications will TSMC's expansion in the U.S. have for the global semiconductor supply chain and the competitive landscape among tech companies?
TSMC is set to invest $100 billion in expanding its semiconductor manufacturing capabilities in the United States, according to a recent report. This move comes as President Trump pressures the company to increase domestic production, citing national security and economic concerns. TSMC's expansion plans aim to bolster the US technology sector and mitigate potential losses due to trade tensions.
The escalating tensions between the US government and China over semiconductor manufacturing highlight the complex interplay between technological innovation, economic interests, and geopolitics in the 21st century.
Will TSMC's investment in US-made chips be enough to counterbalance the potential risks associated with Trump's promise of tariffs on imported semiconductors?
Belkin has unveiled a range of mobile and computer accessories including portable power banks, headphones, a travel charger, and a GaN dock during the Mobile World Congress 2025. The new products, featuring innovative designs and varying capacities, will be available in select markets over the coming months, with a focus on sustainability through the use of recycled materials. This expansion highlights Belkin's ongoing commitment to enhancing user experience while pursuing its goal of 100% carbon neutrality by 2030.
The introduction of these accessories demonstrates Belkin's strategy to meet the growing consumer demand for versatile and eco-friendly tech solutions amidst a competitive landscape.
How will the emphasis on sustainability influence consumer purchasing decisions in the tech accessory market moving forward?
Colossal CEO Ben Lamm emphasized the need for humanity to invest in de-extinction technologies, citing the failure of modern conservation efforts and the potential benefits of bringing back extinct species. The company aims to use genetic editing techniques to revive the wooly mammoth, dodo bird, and Tasmanian tiger, among others. Lamm also expressed his optimism about the future, predicting significant advancements in synthetic biology and its applications.
As Colossal CEO Ben Lamm's vision for de-extinction takes shape, it raises intriguing questions about the ethics of playing God with nature – do we have a right to bring back species that were eradicated by our own actions?
The scale of Colossal's ambitions suggests that humanity's "moral obligation" to pursue de-extinction may be matched only by its potential for catastrophic consequences if not handled responsibly.
Tesla is building a new megafactorY in Texas, with plans to manage its Megapack energy products in over 1 million square feet of space near Katy. The company has secured a tax abatement agreement worth $194 million, based on upgrades to the facility and equipment installation. This expansion aims to capitalize on cost advantages from China's supply chain and support the growth of Tesla's solar energy and battery business.
The new megafactory in Texas is poised to further solidify Tesla's position as a leading player in the electric vehicle market, while also expanding its presence in the burgeoning renewable energy sector.
Will Tesla's strategic decision to prioritize energy products over traditional EV manufacturing ultimately shift the company's focus away from high-margin profits and towards long-term sustainability goals?