Lowercase Capital and Lowercarbon Capital founder Chris Sacca is souring on hydrogen startups and direct air capture, instead leaning toward startups that accelerate natural forms of carbon capture, he said at the Axios BFD event Wednesday.
Why it matters: Lowercarbon is one of the most active investors in climate tech and can help accelerate investment from other groups when it stakes its claims.
Fossil fuel "addiction" is rapidly worsening climate change as the related effects of extreme weather leave 98 million people facing severe food insecurity and heat-related deaths surge, a new report warns.
The big picture: The burning of fossil fuels including coal, oil and natural gas that cause toxic air pollution kills some 11,800 Americans and about 1.2 million people globally every year, according to the report, published in the medical journal The Lancet Tuesday ahead of next month's UN Cop27 climate summit in Egypt.
A 5.1 magnitude earthquake struck Seven Trees, California near San Jose on Tuesday, according to the U.S. Geological Survey.
Driving the news: The USGS said the quake was 4.2 miles (6.9 kilometers) deep and that it struck around 11:42am local time roughly 8.7 miles (14 km) east of Seven Trees, a neighborhood of San Jose.
Billionaire businessman Elon Musk is wielding significant geopolitical power with his global internet Starlink satellites.
Why it matters: Private spacecompanies are meeting — and often exceeding — the capabilities of governments, giving not just technological but also geopolitical power to those who operate them.
