article thumbnail

The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

gross overriding royalty on a producing natural gas field in Latin America, providing exposure to a lower-carbon transition fuel aligned with government emissions reduction policies. The NORI Royalty has been added to the LCR portfolio that contains a 1.6% NORI and Low Carbon Royalties are a great fit.

Carbon 352
article thumbnail

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

Green Car Congress

This is generating the world’s largest industrial waste stream and gigatons of emissions, poisoning ecosystems and people’s health, and driving potential labor exploitation including child labor. We are getting into this industry with a deep commitment to ocean health and a clear stop date in mind. Transaction overview. Source: DeepGreen.

Companies 418
article thumbnail

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

Green Car Congress

IPCC reference emissions scenarios, 2000—2100. The dispute has contributed to a significant split among the primary bloc of developing countries, and has highlighted an increased focus on climate adaptation strategies, in addition to emissions reductions, during the talks. by Jack Rosebro. Inset box represents. instrumental records.

article thumbnail

DeepGreen lifecycle analysis argues for sourcing EV battery materials from deep-sea polymetallic nodules

Green Car Congress

At a high level, the findings suggest that, compared to mining the land for battery metals, sourcing the needed metals from ocean nodules can deliver: 70% less CO 2 e direct emissions. 90% reduction in SO x and NO x emissions. 94% less stored carbon at risk. 100% reduction in solid waste. 94% less land use. 93% less wildlife at risk.

Batteries 269