Clean Energy Is Europe’s Only Route to Prosperity

Clean energy is Europe’s only path to prosperity

UK Energy Secretary Ed Miliband and EU Energy Commissioner Dan Jørgensen advocate for clean energy amid market instability connected to geopolitical tensions. For Europe, clean energy is no longer just a question of the environment, but a strategy to reduce dependence on imported fossil fuels and strengthen the autonomy of the region. There’s no doubt that gas still plays an important part in Europe’s energy mix. Miliband and Jørgensen emphasize clean energy’s importance for long-term stability and economic development, as well as reducing vulnerability to external pressure. This is an indirect response to the green energy critics, such as current U.S. President Donald Trump.

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Further reading: Miliband and Jørgensen: Clean energy is Europe’s only route to security and prosperity

2150 raises $249 million to invest in sustainable cities

Venture capital firm 2150 has raised €210 million ($249 million) for its second fund (Fund II). It aims to back sustainability startups focused on urban development. 2150 is investing in companies that transform the way cities are designed, built, and powered. Their portfolio consists of companies spanning carbon reduction, industrial decarbonization, energy, and the circular economy. Since its founding in 2150, the firm has backed 27 companies, and its second fund has assets under management exceeding $1 billion in revenue. Fund II has already invested in seven new companies with new deals on the horizon. Investors in the fund include backers from Europe, Asia, and North America.

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Further reading: 2150 Raises $249 Million to Back Sustainable Cities Solutions Startups

EcoCeres’ new Malaysian SAF plant is operating at 95% capacity

Biofuels producer EcoCeres’ CEO reports that its new Malaysian plant, converting used cooking oil into sustainable aviation fuel (SAF) and diesel, is now operating at nearly 95% of its capacity. The Tanjung Langsat facility near Singapore is one-of-a-kind. It can produce up to 420,000 metric tons of SAF per year, with the first cargo shipped to Europe in December of 2025. EcoCeres is backed by companies in Hong Kong and the U.S. It supplies major airlines and is looking to expand its operations into Asia, given the growing demand in the region caused by green fuel mandates.

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Further reading: Biofuels firm Ecoceres running new Malaysia plant at near full capacity, CEO says

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Scientists say that the world is unprepared for rise in heat

A new study explores different global warming scenarios and compares them to current data on temperatures considered uncomfortable. The result is alarming, with nearly 3.8 billion people projected to face extreme heat by 2050. That is, if global temperatures rise by 2°C. The research mentions that as heatwaves become stronger, the health risks, from dizziness to organ failure and death, increase. It argues that cooling infrastructure must expand rapidly for people to adapt. “New infrastructure, such as sustainable air conditioning or passive cooling, needs to be built out within the next few years to ensure people can cope with dangerous heat.” What is more interesting is that the cooler regions from Canada to Russia can be affected as well and will have to adapt as the heat rises.

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Further readings: World not ready for rise in extreme heat, scientists say

Editor’s Note: The opinions expressed here by the authors are their own, not those of impakter.com — Cover Photo Credit: Wikimedia Commons