The Dodo Newsletter #5

Why bitcoin is bad for the environment, measuring working from home emissions, and turning cow burps into carbon credits.

Dodo is a platform that allows companies to become carbon neutral in just a few minutes. Each month, we round up all the latest news on climate change and the innovative solutions helping to solve the problem. If you want to receive the newsletter in your inbox each month, you can subscribe through the button below.

₿ Why bitcoin is bad for the environment

Elon musk made headlines by announcing that Tesla will accept bitcoin as payment, to then swiftly retract this proposal due to environmental concerns. The environmental impact of mining bitcoin is huge (the same size as the annual domestic electricity consumption of Sweden) due to the energy used in its production. Moreover, a single bitcoin transaction uses the same amount of power as the average American household uses in a month. You can read more about the impact here.

🐮 Turning cow burps into carbon credits

While much of the climate agenda has focused on CO2, Methane has over 80 times the warming power making it a potent greenhouse gas. This startup has created a plant based supplement that reduces methane from cow burps by 30%. With one cow emitting as much greenhouse gases as six Volkswagen Golfs, this looks like a simple way to make an impact. You can read more here.

💰 The average UK pension finances 23 tonnes of CO2 per person

With the rise of ESG investing, more consumers are wanting to ensure their savings aren’t contributing to their environmental impact. Over 44% of people would switch to a green pension if they could and this article outlines some of the options available. You can read more here.

🇩🇪 German court orders government to do more on climate change

In a unique case, several climate activists argued that the German government had failed in their duties by providing insufficient targets to reduce its emissions. With Germany’s supreme court ruling in their favour, this could open more cases in other countries that are falling behind in their climate goals. You can read more here.

🛢️ End new oil, gas and coal funding to reach net zero

The International Energy Agency (IEA) has said that investors need to end all fossil fuel funding in order to reach net zero by 2050. The IEA underpins most governments and company policies so it’s a significant statement by the agency. To achieve net zero, they have advised that investment in fossil fuels supply should fall by $400b in 2050. You can read more here.

🏠 WFH can increase emissions

Surprisingly, recent research has shown that if a person was to work from home year-round it would increase emissions by up to 80% to over 2.5 tonnes per year. However this is dependent on some important factors which we break down in our latest article. This month, we were also featured in Business Live where we talked through the challenges that SMEs face on their sustainability journey.

Share

We want to make it easy to become carbon neutral. If you want to hear more, you can email us any time at hello@dodo.eco.

The Dodo Newsletter #4

New emissions targets from the UK & US, Netflix emits 1m tonnes of CO2, and how SMEs can become climate leaders.

Dodo is a platform that allows companies to become carbon neutral in just a few minutes. Each month, we round up all the latest news on climate change and the innovative solutions helping to solve the problem. If you want to receive the newsletter in your inbox each month, you can subscribe through the button below.

Google Earth shows the effects of climate change in a few seconds

Google Earth has partnered with NASA to launch a new update that allows you to see the effects of climate change in a given area. The tool combines over 50 years of satellite data to give a time lapse of areas like deforestation in the Amazon, the melting of the ice caps, or your local region. You can check it out for yourself here.

Netflix emits 1m tonnes of CO2

Netflix has released its figures on their carbon footprint, with the company emitting 1.1m tonnes of CO2. 50% of its footprint is due to movie production, 45% due to internal operations and just 5% due to cloud platform providers. However, this doesn’t include the emissions from users streaming its shows, which could account for a lot more (36g of CO2 are released based on streaming 30 mins). You can read more here.

Banksy vandalises painting to highlight climate change

Banksy’s new painting ‘Subject to Availability’ shows an updated version of the 1890 oil painting by Albert Bierstadt depicting Mount Rainier National Park. The painting is expected to be sold for £3+ million, with the artist having added an asterisk with the note “Subject to availability for a limited period only:” You can read more here.

Latest emissions targets from the US & UK

Joe Biden has committed the US to a 50% reduction in their emissions by 2030, nearly doubling the previous target that was set. In his address, Biden called this the ‘decisive decade’ and urged several nations to join together to solve the problem. On the back of this, the UK also revised its commitment to reduce over 78% of its emissions by 2035, a huge undertaking. You can read more on Biden’s announcement here.

New Zealand become first in the world for climate reporting

In a sign of things to come, New Zealand become the first country in the world to introduce a law that would require the financial sector to disclose the impact of climate change on their business and their investments. The goal is to highlight the possible risks of fossil fuel heavy investments and urge companies to switch to greener opportunities. If passed, the first disclosures will be required by 2023. You can read more here.

New articles from Dodo

We’ve launched three articles this month where we discuss the impact that carbon offsets can have, how companies can reduce their office emissions (only 1% of office emissions are due to paper), and how SMEs can be the the advocate for change (they account for 99% of companies in the UK and just over 50% of emissions!)

Share

We want to make it easy to become carbon neutral. If you want to hear more, you can email us any time at hello@dodo.eco.

The Dodo Newsletter #3

How to convince the board on sustainability, turning CO2 into stone, and our new tool and website our now live.

Dodo is a platform that allows companies to become carbon neutral in just a few minutes. Each month, we round up all the latest news on climate change and the innovative solutions helping to solve the problem. If you want to receive the newsletter in your inbox each month, you can subscribe through the button below.

Our new tool is now live

This month, we’ve launched a new tool that allows companies to accurately measure and reduce their emissions in just a few minutes. You can get an estimate of your company’s emissions based on your industry and you can also adjust each category for more accurate results. You can read on our launch here.

p.s we’ve also given our website a new look!

More sustainable animal feed

A UK startup has raised €8m to turn CO2 into animal feed. The process combines carbon and hydrogen to microorganisms in a fermentation process that creates a high protein pellet. This process has double the impact: 1) they use captured carbon from industrial sources, saving this from entering into the atmosphere 2) it avoids the need for soy, cutting down on deforestation. You can read more about it here.

The O2 arena to install mini turbines

The arena will install 10 mini wind turbines made from recycled plastic. These turbines can spin even with a gentle breeze and can power up to 23 homes. Although this isn’t enough to cover the arena’s entire energy bill, they plan to install more turbines to cut their greenhouse gas emissions. You can read more here.

Turning CO2 into stone

Bill Gates has backed (another) startup that is turning carbon dioxide into stone. The company captures and then dissolves CO2 in water, before injecting this into the ground where it turns to stone in less than two years. You can read more here.

Convincing boardrooms on the power of sustainability

A really interesting read on how to convince boardrooms on the benefits of sustainability. There are several perceived blockers that board-members face such as a lack of awareness, struggling to understand how to get started, and the expected financial cost. This article shows how to combat these fears, especially given that B Corps have had an average year-on-year growth rate of over 14%! You can read more here.

Sustainability explored

We spoke to Sustainability Explored about helping companies to measure, analyse and reduce their carbon emissions. We covered how companies can start understanding their emissions and what they can do to take action. You can have a listen here.

Share

We want to make it easy to become carbon neutral. If you want to hear more, you can email us any time at hello@dodo.eco.

The Dodo Newsletter #2

The latest news on climate change and sustainability.

Dodo is a platform that allows companies to become carbon neutral in just a few minutes. Each month, we round up all the latest news on climate change and the innovative solutions helping to solve the problem. If you want to receive the newsletter in your inbox each month, you can subscribe through the button below.

WeTransfer goes Carbon Neutral

WeTransfer is the latest tech company to go Carbon Neutral. They have plans to reduce their emissions by 30% over the next 5 years and become a B Corp company. The company will offset 2,364 tonnes of CO2, with over 80% of their emissions coming from their servers! You can read more about it here.

BlackRock pressuring Oil Companies

BlackRock has over £6 trillion in assets and is incredibly influential as an investor. It has taken a particularly strong position on climate change (no issue ranks higher) and has recently announced that it expects any company they invest in to disclose their emissions. BlackRock has also focused on this disclosure from Oil companies on their emissions and how they plan to reduce them. You can read more here.

Bill Gates on Climate Change

Bill Gates has just launched his book ‘How to Avoid a Climate Disaster,’ where he says that solving climate change would be the “most amazing thing humanity has ever done.” His book outlines the ways in which we can use technology to transition every single aspect of society to net zero on emissions. You can watch an interview on YouTube here.

H&M raises €500m to cut emissions

H&M issued a €500m bond that was over 7 times subscribed. The capital will be used to cut its operational emissions by over 20% in the next five years, a 10% cut in emissions from its supply chain, and a 30% increase in recycled materials. You can read more here.

The growth in mushroom packaging

Companies are creating new ways to reduce the plastic waste in our planet. One such company is Mushroom Packaging who is turning mycelium mixed with naturally binding local byproducts to create a new type of packaging. The result is a non toxic, stable and fully compostable packaging that can be used to ship all sorts of products across the supply chain.

Dodo is joining the Imperial College Greenhouse programme

In February, we were successful in joining 14 other startups as part of Imperial College London’s Greenhouse Programme. For the next 12 months, we will be advised and funded by the team on the most effective ways to measure, reduce and offset carbon. The programme will be run from the Royal Institute in London where the Greenhouse Gas effect was first discovered in the UK!

Share

We want to make it easy to become carbon neutral. If you want to hear more, you can email us any time at hello@dodo.eco.

The Dodo Newsletter

The latest news on climate change and sustainability.

Dodo is a platform that allows companies to become carbon neutral in just a few minutes. Each month, we round up all the latest news on climate change and the innovative solutions helping to solve the problem. If you want to receive the newsletter in your inbox each month, you can subscribe through the button below.

The Biden Effect

Joe Biden began his presidency by recommitting the US to the Paris climate agreement and putting the climate change agenda back on the map. Along with several other executive orders, federal agencies will look to reinstate more than 100 environmental regulations and the US will withdraw from the controversial Keystone XL Pipeline. You can read more about it here.

GM latest to pledge to go carbon neutral

General Motors has announced that it will only make electric vehicles by 2030. It is also one of many companies pledging to become Carbon Neutral, hoping to achieve the goal by 2040. GM will use the Science Based Targets method with the aim of keeping the global temperature rise to 1.5C or less within the next 10 years. You can read more here.

The Robert Downey Jr Fund

RDJ has gone from solving fictional threats in the marvel universe, to solving real world ones. Last week, he launched the Footprint Coalition, designed to invest in companies making the world more sustainable. You can read more here.

The importance of investing in nature

Several startups are working on drawing carbon out of the air. However, not enough has been written about protecting local ecosystems while also capturing CO2. This is something that is vital to our planet’s future by protecting supply chains and avoiding mass migration. In this report, McKinsey identify the challenges and the opportunities of investing in carbon offsets.

Why we have entered the Climate Decade

Andrew Beebe, an investor at Obvious Ventures, outlines his view on why this is the decade for climate action. In this comprehensive article, he highlights corporate demand, lower cost, increased funding, millennial priorities, and increased regulation as key drivers for the shift in public perception and action.

Hitting a new milestone at Dodo

This month, we hit a new milestone by capturing over 250 tonnes of CO2 on behalf of our customers. One of our projects, the Brazilian Amazon Rosewood Conservation Project, also reached its investment goal globally and so will be retired. This incredible project protects over 180,000 hectares of land and captures over 550,000 tonnes of CO2 every year. Keep an eye out for our latest project next month!

Share

We want to make it easy to become carbon neutral. If you want to hear more, you can email us any time at hello@dodo.eco.

Loading more posts…