Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

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The transaction represents a pro forma equity value of US$2.9 DeepGreen is developing a new, scalable source of EV battery metals in the form of polymetallic nodules found unattached on the seafloor in the Pacific Ocean. —Scott Leonard, CEO of SOAC.

Devil In The Details: Is Copenhagens 2 ºC Guardrail Obsolete?

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From the opening day of the United Nations Framework Convention on Climate Change (UNFCCC) climate negotiations in Copenhagen, also known as Conference of Parties (COP) 15, the relevance of a key threshold metric—the 2 °C maximal warming limit, or “guardrail”—has repeatedly been called into question by delegates of COP member states which are particularly vulnerable to climate change. ºC at peak, yet stabilize them at the target by the end of the century.

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