ZAGREB — German Chancellor Friedrich Merz on Friday poured cold water on a
suggestion by Manfred Weber, leader of the center-right European People’s Party,
that a joint European army could play a role in postwar peacekeeping in Ukraine.
Weber has made a number of striking proposals in recent weeks to project greater
EU power on the international stage. In addition to soldiers operating under a
“European flag” in Ukraine, he has called for one overall European leader —
merging the jobs of European Council president and European Commission
president.
Speaking at an informal EPP summit in Zagreb, Croatia, Merz welcomed Weber’s
attempts to revamp the EU but said these ideas did not represent immediate
solutions to Europe’s problems.
“We must focus on the tasks at hand right now,” Merz replied, when asked about
Weber’s initiatives.
The chancellor added he had no problem with “us repeatedly asking institutional
questions” on making Europe more powerful and united, and stressed that “these
are questions that need to be discussed again and again.”
However, Merz showed little appetite for getting bogged down in the sweeping
European reforms that Weber’s proposals could require. “Achieving treaty changes
in this European Union of 27 is a rather difficult task,’ the chancellor said.
“I advocate that we first and foremost concentrate on the tasks that are now on
the table.”
He said those were improving defense capabilities and the continent’s flagging
industrial competitiveness.
While Merz was cool on Weber’s proposals about a European army, his government
has still to decide on its commitment to German peacekeepers in Ukraine. While
Berlin is not as forward as Britain and France in raising the possibility of
providing peacekeepers, Merz has insisted: “We are not ruling anything out in
principle.“
Germany also stresses it is already acting as a regional security guarantor on
the Russian border, with nearly 5,000 troops posted to Lithuania, and through
air policing missions across Eastern Europe.
When asked about Merz’s skepticism about his proposals, Weber said: “We are in
dialogue. We are in discussion.”
Tag - Water
Prime minister’s questions: a shouty, jeery, very occasionally useful advert for
British politics. Here’s what you need to know from the latest session in
POLITICO’s weekly run-through.
What they sparred about: Keir Starmer escaped from all his domestic troubles by
jetting off to China, so Deputy Prime Minister David Lammy was left to fend off
questions from disgruntled MPs both in front of (and behind) him. Tory Leader
Kemi Badenoch carried on rotating which frontbencher batted for the
Conservatives, handing that dubious honor to Shadow Business Secretary Andrew
Griffith. Given his brief, er, business rates dominated.
Hold my beer: Griffith led on the government’s U-turn watering down business
rate costs for pubs, asking Lammy to confirm that more than 90 percent of
“retail, hospitality and leisure businesses will get nothing.” The deputy PM,
you may not be surprised to read, swerved that interrogation and said it is
“always a pleasure to hear from the co-author of the mini-budget” — Liz Truss’
economic proposals, which led to her swift departure from No 10.
Drink: The PM may be out of the country, but it wouldn’t be PMQs without a
mention of Britain’s shortest serving prime minister — the person Labour thinks
is still the Tories’ biggest electoral liability nearly three-and-a-half years
after she left office.
Last orders: The shadow business secretary bigged up his experience,
unsurprisingly, in business, contrasting that with Lammy’s 25 years
“manufacturing grievance.” Nonetheless, Griffith claimed the help is “too
little, too late” with striking visual imagery, arguing “our high streets are
bleeding out and the chancellor’s handing out a box of sticking plasters.”
Out of the till: Lammy may have had little notice that Griffith was stepping
into the blue hot seat, but his aides did their homework. The deputy PM ripped
into Griffith opposing the minimum wage.
Best of enemies: Griffith had plenty of barbs up his sleeve too, labeling his
opposite number “left behind Lammy” for not getting a cushty trip to Beijing.
But the already depleted Tory benches were even quieter than usual, making it
harder for the PMQs novice’s lines to land.
That said: He managed a good line about “Andy from Manchester having his dreams
crushed by Labour,” a reference to the Greater Manchester mayor getting blocked
from standing in the Gorton and Denton by-election over fears he might challenge
Starmer for the top job (though, of course, Labour would deny that). “It is our
party that is getting stronger,” Griffith cried unironically to shrieks of
laughter from the government benches. Indeed, the polls beg to differ.
Crossing the line: As usual with these exchanges, the substance of support (or
lack thereof) for businesses was lost after about question two. Lammy concluded
his responses by highlighting that Badenoch praised the art of queuing during
her appearance on the long-running BBC “Desert Island Discs” radio program. It
was too easy for Lammy to argue Tory MPs took her at her word after three
defections just this month.
Helpful backbench intervention of the week: Rugby MP John Slinger continued
meeting his ultra-loyalist stereotype by commending Labour’s record on the NHS
and slipping in criticism of Reform’s health policies. Lammy couldn’t have been
happier, joyously reiterating the point made by every Labour politician that the
NHS is only safe under them.
Totally unscientific scores on the doors: Lammy 8/10. Griffith 6/10. It was
unsurprising for the Tories to lead on a U-turn, given there were many to choose
from. However, despite business rates being Griffith’s area of expertise, he did
not make his point land. Good lines from both sides meant the session became a
battle of which voices could shout the loudest. Given the government’s
parliamentary majority, there could only be one winner.
“Laws that exist only on paper achieve nothing.” This is not a slogan. It
reflects the reality described by small-scale fishers and points to a wide gap
between European Union commitments and delivery on the water. More than a decade
after the last reform of the Common Fisheries Policy (CFP), the EU is once again
debating whether to rewrite this policy, even though the CFP’s framework is fit
for purpose and delivers sustainable fisheries — when properly applied.
What continues to fail is its implementation. The clearest example is the legal
commitment to end overfishing by 2020, a deadline still unmet.
> If Europe delays action until after another lengthy reform, it risks losing
> the next generation of fishers and hollowing out coastal economies.
Nowhere is this gap more visible than in the Mediterranean, and particularly in
Cyprus and Greece, where stocks are further weakened by the accelerating effects
of the climate crisis and the spread of invasive species. The Mediterranean
remains the most overfished sea in the world, and small-scale fishers feel these
consequences directly. Yet, Cypriot fishers are not asking for weaker rules or a
new policy. They are asking for effective enforcement of existing legislation,
and support from national authorities. Without these, the future of fisheries as
a profession is at stake. If Europe delays action until after another lengthy
reform, it risks losing the next generation of fishers and hollowing out coastal
economies.
Photo by A.S.S.
The experience of Cypriot and Greek fishers mirrors a broader European issue.
Before reopening the CFP, Europe should take stock of the real gap, which lies
not in the law itself, but in its uneven implementation and enforcement. Calls
for reform are driven by familiar pressures: environmental safeguards are
increasingly framed as obstacles to economic viability and fleet renewal. Reform
is presented as a way to modernize vessels and cut red tape.
But this framing overlooks lessons from the past. Europe has been here before.
Excess capacity and weak controls pushed fish stocks to the brink of collapse,
forcing painful corrections that cost public money and livelihoods. For
small-scale fishers in the Mediterranean, these impacts are not theoretical.
They are experienced daily, through declining catches, rising costs and
increasing uncertainty.
The Common Fisheries Policy delivers when implemented
Evidence shows that where the CFP has been implemented, it delivers. According
to European Commission assessments, the share of stocks subject to overfishing
in the North-East Atlantic fell from around 40 percent in 2013 to just over 22
percent by 2025. In the Mediterranean, the figure dropped from 70 percent to 51
percent over the same period. These improvements are closely linked to the
application of science-based catch limits, effort restrictions and capacity
controls under the CFP.
> Europe has been here before. Excess capacity and weak controls pushed fish
> stocks to the brink of collapse, forcing painful corrections that cost public
> money and livelihoods.
Economic and social data tell the same story. EU fishing fleets have become more
efficient and more profitable over the past decade. Vessels now generate higher
average incomes, with wages per full-time fisher rising by more than a quarter
since 2013. In its 2023 policy communication, the Commission concluded that the
CFP remains an adequate legal framework, with the real gap lying in its
application and enforcement.
Those involved in the 2013 reform understand why this matters. The revised
policy marked a clear shift away from overcapacity and short-term
decision-making toward a science-based approach. The European Commission’s own
assessments show that this approach delivered results where it was applied.
Parts of the EU fleet became more profitable, labor productivity improved and
several fish stocks recovered. The CFP remains the EU’s strongest tool for
reversing decline at sea.
Implementation results in progress; reform leads to instability and uncertainty
Strengthening the CPF’s implementation would deliver tangible benefits,
including greater stability for fishers and coastal communities, avoiding years
of legislative uncertainty, and allowing faster progress toward sustainability
objectives. Firm and consistent implementation can enhance economic resilience
while restoring ocean health, without the delays and risks that come with
reopening the legislation. Given the time and resources required, another round
of institutional reform is neither efficient nor necessary. Priority should
instead be given to effectively delivering the agreed CFP commitments.
Photo by A.S.S.
Cypriot Presidency of the Council: a moment for delivery
This debate unfolds as Cyprus assumes the EU Council Presidency, at a moment
when choices made in Brussels carry immediate consequences at sea. Holding the
Presidency brings responsibility as well as opportunity. It offers a chance to
help frame the discussion toward making existing rules work in practice, while
addressing current implementation challenges. This is where the credibility of
the CFP will be tested.
> Sustainability and livelihoods move together, or not at all.
Reopening the CFP now may send the wrong signal. It may suggest that missed
deadlines carry no consequence and that agreed-upon rules are optional. For
fishers, it would prolong uncertainty at a time when stability is already
fragile. For Europe, it would undermine trust in its ability to deliver.
The EU was not conceived to generate endless processes or delay action through
repeated legislative cycles. Its purpose is to deliver common solutions to
shared problems, and to support people and communities where national action
falls short. The last reform of the CFP was built on a simple principle: healthy
fish stocks are the foundation of viable fisheries. Sustainability and
livelihoods move together, or not at all. This principle is already reflected in
Europe’s agreed framework. The task now is to act on it.
Fisheries are a clear test of that promise. The law is already in place. The
tools already exist. What Europe needs now is the political resolve to deliver
on the commitments it has already made.
--------------------------------------------------------------------------------
Disclaimer
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KYIV — Without electricity for 12 hours a day, the fridge is no longer any use.
But it’s a stable minus 10 degrees Celsius on the balcony, so I store my food
there. Outside today you’ll find chicken soup, my favorite vegetable salad and
even my birthday cake — all staying fresh in the biting chill.
This is the latest terror the Russians have inflicted on our capital — during
the cruelest winter since their all-out invasion began in February 2022. They
have smashed our energy grids and central heating networks with relentless drone
attacks; the frost then does the rest, caking power cables and heating pipes in
thick ice that prevents repairs.
At times the temperature drops to minus 20 C and the frost permeates my
apartment, its crystals covering the windows and invading the walls. Russia’s
latest attack disrupted heating for 5,600 residential buildings in Kyiv,
including mine.
My daily routine now includes interspersing work with a lot of walking up and
down from the 14th floor of my apartment block, carrying liters of water, most
importantly to my grandmother.
Granny turned 80 last year. Her apartment at least has a gas stove, meaning we
can pour boiling water into rubber hot water bottles and tie them to her body.
“Why can’t anyone do anything to make Putin stop?” she cries, complaining that
the cold gnaws into every bone of her body.
The Kremlin’s attempt to freeze us to death has been declared a national
emergency, and millions of Ukrainians have certainly had it harder than I. Many
have been forced to move out and stay in other cities, while others practically
live in malls or emergency tents where they can work and charge their phones and
laptops.
FEELING FORGOTTEN
Kyiv is crying out for help, but our plight rarely makes the headlines these
days. All the attention now seems focused on a potential U.S. invasion of
Greenland. Our president, Volodymyr Zelenskyy, complains he now has to fight
tooth-and-nail to secure deliveries of air-defense missiles from allies in
Europe and America.
“In these times when so many lives are being lost … you still have to fight for
all these missiles for various air defenses. You beg for them, squeeze them out
by force,” he said.
His outrage that Ukraine’s allies are losing interest has struck a bitter chord
this winter. The West’s reluctance to give us security guarantees makes us feel
the Kremlin’s crimes are being normalized. Watching Greenland only makes us more
afraid. Many Ukrainians no longer believe international law can do anything to
rein in the world’s superpowers. Might is right, once again.
We are living through what happens when an unchecked superpower is allowed to
kill at will. Russia’s goal is to break our defiance, mentally and physically.
Weapons designed to sink warships are being turned against our power plants,
government buildings and apartments.
KEEP GOING
When you’re forced to shiver in the dark for so long, deprived of sleep by
nightly missile barrages, you can quickly slide into despair.
“What can I do to cheer you up, Mom?” I asked via a late-night WhatsApp message.
“Do something with Putin,” she replied sarcastically, adding she can handle
everything else. That means getting up and working every day, no matter how cold
or miserable she feels.
Veronika Melkozerova/POLITICO
Whenever workers manage to restore the grid after yet another attack, the light
brings with it a brief moment of elation, then a huge to-do list. We charge our
gadgets, fill bottles and buckets with water, cook our food — and then put it
out on our balconies.
What’s inspiring is the genuine sense that people will carry on and keep the
country running — even though there’s no end in sight to this sub-zero terror.
Just do your job, pay your rent, pay your taxes, keep the country afloat. That’s
the mission.
So much of the city functions regardless. I can get my granny an emergency
dental surgery appointment the same day. Recently, when I went for my evening
Pilates — ’cause what else you gonna do in the dark and cold — I saw a woman
defiantly getting a manicure in her coat and hat, from a manicurist who wore a
flashlight strapped to her head.
Bundled-up couriers still deliver food, but the deal is they won’t climb beyond
the fifth floor, so those of us up on the 14th have to go down to meet them.
Personally, I have access to any kind of food — from our iconic borscht to
sushi. I can charge my gadgets and find warmth and shelter at a mall down the
street. The eternally humming generators, many of them gifts from Ukrainian
businesses and European allies, rekindle memories of a European unity that now
seems faded.
Critically, everything comes back to the resilience of the people. Amid all the
despair, you see your fellow Ukrainians — people labeled as weak, or bad
managers — pressing on with their duties and chores at temperatures where
hypothermia and frostbite are a real danger.
That’s not to say cracks aren’t showing. The central and local governments have
been passing the buck over who failed to prepare Kyiv for this apocalypse. Some
streets are covered with ice, with municipal services having to fight frost and
the consequences of Russian bombing at the same time.
But there’s a real solidarity, a sense that all of us have to dig in — just like
our army, our air defenses, our energy workers and rescue services. I find it
impossible not to love our nation as it endures endless murderous onslaughts
from a superpower. No matter how hard the Russians try to make our lives
unbearable, we’re going to make it.
BRUSSELS — On Greenland’s southern tip, surrounded by snowy peaks and deep
fjords, lies Kvanefjeld — a mining project that shows the giant, barren island
is more than just a coveted military base.
Beneath the icy ground sits a major deposit of neodymium and praseodymium, rare
earth elements used to make magnets that are essential to build wind turbines,
electric vehicles and high-tech military equipment.
If developed, Greenland, a semi-autonomous part of Denmark, would become the
first European territory to produce these key strategic metals. Energy
Transition Minerals, an Australia-based, China-backed mining company, is ready
to break ground.
But neither Copenhagen, Brussels nor the Greenlandic government have mobilized
their state power to make the project happen. In 2009, Denmark handed
Greenland’s inhabitants control of their natural resources; 12 years later the
Greenlandic government blocked the mine because the rare earths are mixed with
radioactive uranium.
Since then the project has been in limbo, bogged down in legal disputes.
“Kvanefjeld illustrates how political and regulatory uncertainty — combined with
geopolitics and high capital requirements — makes even strategically important
projects hard to move from potential to production,” Jeppe Kofod, Denmark’s
former foreign minister and now a strategic adviser to Energy Transition
Minerals, told POLITICO.
Kvanefjeld’s woes are emblematic of Greenland’s broader problems. Despite having
enough of some rare earth elements to supply as much as 25 percent of the
world’s needs — not to mention oil and gas reserves nearly as great as those of
the United States, and lots of other potential clean energy metals including
copper, graphite and nickel — these resources are almost entirely undeveloped.
Just two small mines, extracting gold and a niche mineral called feldspar used
in glassmaking and ceramics, are up and running in Greenland. And until very
recently, neither Denmark nor the European Union showed much interest in
changing the situation.
But that was before 2023, when the EU signed a memorandum of understanding with
the Greenland government to cooperate on mining projects. The EU Critical Raw
Materials Act, proposed the same year, is an attempt to catch up by building new
mines both in and out of the bloc that singles out Greenland’s potential. Last
month, the European Commission committed to contribute financing to Greenland’s
Malmbjerg molybdenum mine in a bid to shore up a supply of the metal for the
EU’s defense sector.
But with United States President Donald Trump threatening to take Greenland by
force, and less likely to offer the island’s inhabitants veto power over mining
projects, Europe may be too late to the party.
“The EU has for many years had a limited strategic engagement in Greenland’s
critical raw materials, meaning that Europe today risks having arrived late,
just as the United States and China have intensified their interest,” Kofod
said.
In a world shaped by Trump’s increasingly belligerent foreign policy and China’s
hyperactive development of clean technology and mineral supply chains, Europe’s
neglect of Greenland’s natural wealth is looking increasingly like a strategic
blunder.
With Donald Trump threatening to take Greenland by force, and less likely to
offer the island’s inhabitants veto power over mining projects, Europe may be
too late to the party. | Jim Watson/AFP via Getty Images
A HOSTILE LAND
That’s not to say building mines in Greenland, with its mile-deep permanent ice
sheet, would be easy.
“Of all the places in the world where you could extract critical raw materials,
[Greenland] is very remote and not very easily accessible,” said Ditte Brasso
Sørensen, senior analyst on EU climate and industrial policy at Think Tank
Europa, pointing to the territory’s “very difficult environmental
circumstances.”
The tiny population — fewer than 60,000 — and a lack of infrastructure also make
it hard to build mines. “This is a logistical question,” said Eldur Olafsson,
CEO of Amaroq, a gold mining company running one of the two operating mines in
Greenland and also exploring rare earths and copper extraction opportunities.
“How do you build mines? Obviously, with capital, equipment, but also people.
[And] you need to build the whole infrastructure around those people because
they cannot only be Greenlandic,” he said.
Greenland also has strict environmental policies — including a landmark 2021
uranium mining ban — which restrict resource extraction because of its impact on
nature and the environment. The current government, voted in last year,
has not shown any signs of changing its stance on the uranium ban, according to
Per Kalvig, professor emeritus at the Geological Survey of Denmark and
Greenland, a Danish government research organization.
Uranium is routinely found with rare earths, meaning the ban could frustrate
Greenland’s huge potential as a rare earths producer.
It’s a similar story with fossil fuels. Despite a 2007 U.S. assessment that the
equivalent of over 30 billion barrels in oil and natural gas lies beneath the
surface of Greenland and its territorial waters — almost equal to U.S. reserves
— 30 years of oil exploration efforts by a group including Chevron,
Italy’s ENI and Shell came to nothing.
In 2021 the then-leftist government in Greenland banned further oil exploration
on environmental grounds.
Danish geologist Flemming Christiansen, who was deputy director
of the Geological Survey of Denmark and Greenland until 2020, said the failure
had nothing to do with Greenland’s actual potential as an oil producer.
Instead, he said, a collapse in oil prices in 2014 along with the high cost
of drilling in the Arctic made the venture unprofitable. Popular opposition only
complicated matters, he said.
THE CLIMATE CHANGE EFFECT
From the skies above Greenland Christiansen sees firsthand the dramatic effects
of climate change: stretches of clear water as rising temperatures thaw the ice
sheets that for centuries have made exploring the territory a cold, costly and
hazardous business.
“If I fly over the waters in west Greenland I can see the changes,” he said.
“There’s open water for much longer periods in west Greenland, in Baffin Bay and
in east Greenland.”
Climate change is opening up this frozen land.
Climate change is opening up this frozen land. | Odd Andersen/AFP via Getty
Images
Greenland contains the largest body of ice outside Antarctica, but that ice is
melting at an alarming rate. One recent study suggests the ice sheet could cease
to exist by the end of the century, raising sea levels by as much as seven
meters. Losing a permanent ice cap that is several hundred meters deep, though,
“gradually improves the business case of resource extraction, both for … fossil
fuels and also critical raw materials,” said Jakob Dreyer, a researcher at the
University of Copenhagen.
But exploiting Greenland’s resources doesn’t hinge on catastrophic levels of
global warming. Even without advanced climate change, Kalvig, of the Geological
Survey of Denmark and Greenland, argues Greenland’s coast doesn’t differ much
from that of Norway, where oil has been found and numerous excavation projects
operate.
“You can’t penetrate quite as far inland as you can [in Norway], but once access
is established, many places are navigable year-round,” Kalvig said. “So, in that
sense, it’s not more difficult to operate mines in Greenland than it is in many
parts of Norway, Canada or elsewhere — or Russia for that matter. And this has
been done before, in years when conditions allowed.”
A European Commission spokesperson said the EU was now working with Greenland’s
government to develop its resources, adding that Greenland’s “democratically
elected authorities have long favored partnerships with the EU to develop
projects beneficial to both sides.”
But the spokesperson stressed: “The fate of Greenland’s raw mineral resources is
up to the Greenlandic people and their representatives.”
The U.S. may be less magnanimous. Washington’s recent military operation in
Venezuela showed that Trump is serious about building an empire on natural
resources, and is prepared to use force and break international norms in pursuit
of that goal. Greenland, with its vast oil and rare earths deposits, may fit
neatly into his vision.
Where the Greenlandic people fit in is less clear.
Venture capitalist Finn Murphy believes world leaders could soon resort to
deflecting sunlight into space if the Earth gets unbearably hot.
That’s why he’s invested more than $1 million in Stardust Solutions, a leading
solar geoengineering firm that’s developing a system to reduce warming by
enveloping the globe in reflective particles.
Murphy isn’t rooting for climate catastrophe. But with global temperatures
soaring and the political will to limit climate change waning, Stardust “can be
worth tens of billions of dollars,” he said.
“It would be definitely better if we lost all our money and this wasn’t
necessary,” said Murphy, the 33-year-old founder of Nebular, a New York
investment fund named for a vast cloud of space dust and gas.
Murphy is among a new wave of investors who are putting millions of dollars into
emerging companies that aim to limit the amount of sunlight reaching the Earth —
while also potentially destabilizing weather patterns, food supplies and global
politics. He has a degree in mathematics and mechanical engineering and views
global warming not just as a human and political tragedy, but as a technical
challenge with profitable solutions.
Solar geoengineering investors are generally young, pragmatic and imaginative —
and willing to lean into the adventurous side of venture capitalism. They often
shrug off the concerns of scientists who argue it’s inherently risky to fund the
development of potentially dangerous technologies through wealthy investors who
could only profit if the planet-cooling systems are deployed.
“If the technology works and the outcomes are positive without really
catastrophic downstream impacts, these are trillion-dollar market
opportunities,” said Evan Caron, a co-founder of the energy-focused venture firm
Montauk Capital. “So it’s a no-brainer for an investor to take a shot at some of
these.”
More than 50 financial firms, wealthy individuals and government agencies have
collectively provided more than $115.8 million to nine startups whose technology
could be used to limit sunlight, according to interviews with VCs, tech company
founders and analysts, as well as private investment data analyzed by POLITICO’s
E&E News.
That pool of funders includes Silicon Valley’s Sequoia Capital, one of the
world’s largest venture capital firms, and four other investment groups that
have more than $1 billion of assets under management.
Of the total amount invested in the geoengineering sector, $75 million went to
Stardust, or nearly 65 percent. The U.S.-Israeli startup is developing
reflective particles and the means to spray and monitor them in the
stratosphere, some 11 miles above the planet’s surface.
At least three other climate-intervention companies have also raked in at least
$5 million.
The cash infusion is a bet on planet-cooling technologies that many political
leaders, investors and environmentalists still consider taboo. In addition to
having unknown side effects, solar geoengineering could expose the planet to
what scientists call “termination shock,” a scenario in which global
temperatures soar if the cooling technologies fail or are suddenly abandoned.
Still, the funding surge for geoengineering companies pales in comparison to the
billions of dollars being put toward artificial intelligence. OpenAI, the maker
of ChatGPT, has raised $62.5 billion in 2025 alone, according to investment data
compiled by PitchBook.
The investment pool for solar geoengineering startups is relatively shallow in
part because governments haven’t determined how they would regulate the
technology — something Stardust is lobbying to change.
As a result, the emerging sector is seen as too speculative for most venture
capital firms, according to Kim Zou, the CEO of Sightline Climate, a market
intelligence firm. VCs mostly work on behalf of wealthy individuals, as well as
pension funds, university endowments and other institutional investors.
“It’s still quite a niche set of investors that are even thinking about or
looking at the geoengineering space,” Zou said. “The climate tech and energy
tech investors we speak to still don’t really see there being an investable
opportunity there, primarily because there’s no commercial market for it today.”
AEROSOLS IN THE STRATOSPHERE
Stardust and its investors are banking on signing contracts with one or more
governments that could deploy its solar geoengineering system as soon as the end
of the decade. Those investors include Lowercarbon Capital, a climate-focused
firm co-founded by billionaire VC Chris Sacca, and Exor, the holding company of
an Italian industrial dynasty and perhaps the most mainstream investment group
to back a sunlight reflection startup.
Even Stardust’s supporters acknowledge that the company is far from a sure bet.
“It’s unique in that there is not currently demand for this solution,” said
Murphy, whose firm is also supporting out-there startups seeking to build robots
and data centers in space. “You have to go and create the product in order to
potentially facilitate the demand.”
Lowercarbon partner Ryan Orbuch said the firm would see a return on its Stardust
investment only “in the context of an actual customer who can actually back many
years of stable, safe deployment.”
Exor, another Stardust investor, didn’t respond to a request for comment.
Other startups are trying to develop commercial markets for solar
geoengineering. Make Sunsets, a company funded by billionaire VC Tim Draper,
releases sulfate-filled weather balloons that pop when they reach the
stratosphere. It sells cooling credits to individuals and corporations based on
the theory that the sulfates can reliably reduce warming.
There are questions, however, about the science and economics underpinning the
credit system of Make Sunsets, according to the investment bank Jeffries.
“A cooling credit market is unlikely to be viable,” the bank said in a May 2024
note to clients.
That’s because the temperature reductions produced by sulfate aerosols vary by
altitude, location and season, the note explained. And the warming impacts of
carbon dioxide emissions last decades — much longer than any cooling that would
be created from a balloon’s worth of sulfate.
Make Sunsets didn’t respond to a request for comment. The company has previously
attracted the attention of regulators in the U.S. and Mexico, who have claimed
it began operating without the necessary government approvals.
Draper Associates says on its website that it’s “shaping a future where the
impossible becomes everyday reality.” The firm has previously backed successful
consumer tech firms like Tesla, Skype and Hotmail.
“It is getting hotter in the Summer everywhere,” Tim Draper said in an email.
“We should be encouraging every solution. I love this team, and the science
works.”
THE NEXT FRONTIER
One startup is pursuing space-based solar geoengineering. EarthGuard is
attempting to build a series of large sunlight deflectors that would be
positioned between the sun and the planet, some 932,000 miles from the Earth.
The company did not respond to emailed questions.
Other space companies are considering geoengineering as a side project. That
includes Gama, a French startup that’s designing massive solar sails that could
be used for deep space travel or as a planetary sunshade, and Ethos Space, a Los
Angeles company with plans to industrialize the moon.
Both companies are part of an informal research network established by the
Planetary Sunshade Foundation, a nonprofit advocating for the development of a
trillion-dollar parasol for the globe. The network mainly brings together
collaborators on the sidelines of space industry conferences, according to Gama
CEO Andrew Nutter.
“We’re willing to contribute something if we realize it’s genuinely necessary
and it’s a better solution than other solutions” to the climate challenge,
Nutter said of the space shade concept. “But our business model does not depend
on it. If you have dollar signs hanging next to something, that can bias your
decisions on what’s best for the planet.”
Nutter said Gama has raised about $5 million since he co-founded the company in
2020. Its investors include Possible Ventures, a German VC firm that’s also
financing a nuclear fusion startup and says on its website that the firm is
“relentlessly optimistic — choosing to focus on the possibilities rather than
obsess over the risks.” Possible Ventures did not respond to a request for
comment.
Sequoia-backed Reflect Orbital is another space startup that’s exploring solar
geoengineering as a potential moneymaker. The company based near Los Angeles is
developing a network of satellite mirrors that would direct sunlight down to the
Earth at night for lighting industrial sites or, eventually, producing solar
energy. Its space mirrors, if oriented differently, could also be used for
limiting the amount of sun rays that reach the planet.
“It’s not so much a technological limitation as much as what has the highest,
best impact. It’s more of a business decision,” said Ally Stone, Reflect
Orbital’s chief strategy officer. “It’s a matter of looking at each satellite as
an opportunity and whether, when it’s over a specific geography, that makes more
sense to reflect sunlight towards or away from the Earth.”
Reflect Orbital has raised nearly $28.7 million from investors including Lux
Capital, a firm that touts its efforts to “turn sci-fi into sci-fact” and has
invested in the autonomous defense systems companies Anduril and Saildrone.”
Sequoia and Lux didn’t respond to requests for comment.
The startup hopes to send its first satellite into space next summer, according
to Stone.
SpaceX CEO Elon Musk, whose aerospace company already has an estimated fleet of
more than 8,800 internet satellites in orbit, has also suggested using the
circling network to limit sunlight.
“A large solar-powered AI satellite constellation would be able to prevent
global warming by making tiny adjustments in how much solar energy reached
Earth,” Musk wrote on X last month. Neither he nor SpaceX responded to an
emailed request for comment.
DON’T CALL IT GEOENGINEERING
Other sunlight-reflecting startups are entering the market — even if they’d
rather not be seen as solar geoengineering companies.
Arctic Reflections is a two-year-old company that wants to reduce global warming
by increasing Arctic sea ice, which doesn’t absorb as much heat as open water.
The Dutch startup hasn’t yet pursued outside investors.
“We see this not necessarily as geo-engineering, but rather as climate
adaptation,” CEO Fonger Ypma said in an email. “Just like in reforestation
projects, people help nature in growing trees, our idea is that we would help
nature in growing ice.”
The main funder of Arctic Reflections is the British government’s independent
Advanced Research and Invention Agency. In May, ARIA awarded $4.41 million to
the company — more than four times what it had raised to that point.
Another startup backed by ARIA is Voltitude, which is developing micro balloons
to monitor geoengineering from the stratosphere. The U.K.-based company didn’t
respond to a request for comment.
Altogether, the British agency is supporting 22 geoengineering projects, only a
handful of which involve startups.
“ARIA is only funding fundamental research through this programme, and has not
taken an equity stake in any geoengineering companies,” said Mark Symes, a
program director at the agency. It also requires that all research it supports
“must be published, including those that rule out approaches by showing they are
unsafe or unworkable.”
Sunscreen is a new startup that is trying to limit sunlight in localized areas.
It was founded earlier this year by Stanford University graduate student Solomon
Kim.
“We are pioneering the use of targeted, precision interventions to mitigate the
destructive impacts of heatwave on critical United States infrastructure,” Kim
said in an email. But he was emphatic that “we are not geoengineering” since the
cooling impacts it’s pursuing are not large scale.
Kim declined to say how much had been raised by Sunscreen and from what sources.
As climate change and its impacts continue to worsen, Zou of Sightline Climate
expects more investors to consider solar geoengineering startups, including
deep-pocketed firms and corporations interested in the technology. Without their
help, the startups might not be able to develop their planet-cooling systems.
“People are feeling like, well wait a second, our backs are kind of starting to
get against the wall. Time is ticking, we’re not really making a ton of
progress” on decarbonization, she said.
“So I do think there’s a lot more questions getting asked right now in the
climate tech and venture community around understanding it,” Zou said of solar
geoengineering. “Some of these companies and startups and venture deals are also
starting to bring more light into the space.”
Karl Mathiesen contributed reporting.
BRUSSELS — Current plans to tackle global warming will only save 3 percent of
Europe’s Alpine glaciers from disappearing this century, with most melting away
within the next two decades, a new study has found.
The ice fields of Central Europe are vanishing faster than anywhere else on
Earth,according to research led by Switzerland’s ETH Zurich. Overall, the
scientists found that 79 percent of the world’s glaciers will not survive this
century unless countries step up efforts to curb climate change.
“The Alps as we know them nowadays will completely change by the end of the
century,” Lander Van Tricht, the study’s lead author, told POLITICO.
“The landscape will be completely different. Many ski resorts will not have
access to glaciers anymore … the ones we keep are so high and so steep that they
are not accessible anymore. So the economy will be confronted with these
changes,” he said.
“And even the small glaciers provide water downstream” for vegetation and
villages, he added. “This will also change.”
Their study, published Monday in the journal Nature Climate Change, is the first
to calculate the number of glaciers remaining by the year 2100 under different
warming scenarios. Previous studies have focused on size or ice mass, the
factors determining future sea-level rise and water scarcity, as glaciers hold
70 percent of the world’s freshwater.
The researchers hope their findings, including a database showing the projected
survival rate of each of the world’s 211,000 glaciers, will help assess climate
impacts on local economies and ecosystems.
“Even the smallest glacier in a remote valley in the Alps, even if it’s not
important for sea-level rise or water resources, can have a huge importance for
tourism, for example,” said Van Tricht. “Every individual glacier can matter.”
The researchers found that 97 percent of Central European glaciers will go
extinct this century if global warming hits 2.7 degrees Celsius above
pre-industrial levels — the temperature rise expected under governments’ current
climate policies.
That means only 110 of the region’s roughly 3,200 glaciers would survive to see
the next century. Those are located in the Alps, as the region’s other mountain
range, the Iberian Peninsula’s Pyrenees, is set to lose its remaining 15
glaciers by the mid-2030s.
If the world manages to limit global warming to 1.5C or 2C, in line with the
Paris Agreement, the Alps would lose 87 percent or 92 percent of glaciers,
respectively. At warming of 4C, a level the world was heading toward before the
2015 climate accord was signed, 99 percent of Alpine glaciers would disappear
this century, with just 20 surviving the year 2100.
In all scenarios, however, the majority of Central European glaciers melt away
in the coming two decades. The scientists write that for this region, “peak
extinction” — the year when most glaciers are expected to disappear — is
“projected to occur soon after 2025.”
Glaciers located in high latitudes — such as in Iceland and Russian Arctic — or
holding vast amounts of ice have the best survival chances, Van Tricht said.
Alpine glaciers “are in general very small” and “very sensitive” to climatic
changes like warmer springs, he said. The biggest ice fields, such as the Rhône
glacier, will survive 2.7C of warming but not 4C, he added.
The second-worst affected region is Western Canada and the United States, home
to the Rocky Mountains, where 96 percent of the nearly 18,000 glaciers are
expected to disappear this century under 2.7C of warming.
Overall, the study projects a dramatic disappearance of glaciers around the
globe: At 2.7C of warming, 79 percent of glaciers worldwide would go extinct by
the end of the century, rising to 91 percent at 4C. The melt-off is expected to
continue after 2100, the researchers add.
Drastic cuts in planet-warming emissions could save tens of thousands of
individual glaciers, however, with the extinction rate slowing to 55 percent at
1.5C and 63 percent at 2C.
The rate of disappearance shocked even the scientists, Van Tricht said. Around
mid-century, when glacier loss reaches its peak, “we lose at a global scale
2,000 to 4,000 glaciers a year,” depending on the level of warming. “Which means
that if you look at the Alps today, all the glaciers we have there, you lose
that number in just one single year at the global scale.”
LONDON — The U.K. has imposed new sanctions on senior commanders of the Rapid
Support Forces (RSF) amid escalating atrocities in Sudan.
The move aims at key figures accused of mass killings, sexual violence and
targeted attacks on civilians in El Fasher, including Abdul Rahim Hamdan Dagalo,
the RSF’s deputy leader and brother of commander Mohamed “Hemedti” Dagalo.
Three other senior RSF officers will also now face asset freezes and travel bans
to the U.K.
Foreign Secretary Yvette Cooper said the sanctions sent a message that
atrocities “cannot and will not go unpunished.”
While the U.K. has targeted other RSF figures before, the paramilitary group’s
recent sharing of footage of their own alleged crimes has made it easier to
establish the basis for sanctions.
The penalties announced Friday coincide with a fresh £21 million aid package
intended to provide food, clean water, healthcare and protection for tens of
thousands caught in what the U.K. government has termed the world’s worst
humanitarian crisis. The administration in London has been under pressure from
lawmakers to do more to stop the bloodshed.
The U.K.’s action follows the U.S. decision this week to sanction a network it
says is recruiting former Colombian soldiers to fight in Sudan’s civil war,
while the European Union has also targeted RSF leadership for alleged crimes in
Darfur.
Sudan has been locked in a civil war for two and a half years, with the Sudanese
Armed Forces pitted against the Rapid Support Forces paramilitary group, which
international institutions have accused the United Arab Emirates of backing.
Since becoming foreign secretary, Cooper has sought to place particular emphasis
on the conflict in Sudan and has discussed it with her U.S. counterpart Marco
Rubio on several occasions.
Donald Trump signaled a new interest in ending the violence in Sudan after
meeting Saudi Crown Prince Mohammed Bin Salman in November, but it’s not yet
clear if that will be sustained.
BRUSSELS — The European Commission has proposed rolling back several EU
environmental laws including industrial emissions reporting requirements,
confirming previous reporting by POLITICO.
It’s the latest in a series of proposed deregulation plans — known as omnibus
bills — as Commission President Ursula von der Leyen tries to make good on a
promise to EU leaders to dramatically reduce administrative burden for
companies.
The bill’s aim is to make it easier for businesses to comply with EU laws on
waste management, emissions, and resource use, with the Commission stressing the
benefits to small and medium-sized enterprises (SMEs) which make up 99 percent
of all EU businesses. The Commission insisted the rollbacks would not have a
negative impact on the environment.
“We all agree that we need to protect our environmental standards, but we also
at the same time need to do it more efficiently,” said Environment Commissioner
Jessika Roswall during a press conference on Wednesday.
“This is a complex exercise,” said Executive Vice President Teresa Ribera during
a press conference on Wednesday. “It is not easy for anyone to try to identify
how we can respond to this demand to simplify while responding to this other
demand to keep these [environmental] standards high.”
Like previous omnibus packages, the environmental omnibus was released without
an impact assessment. The Commission found that “without considering other
alternative options, an impact assessment is not deemed necessary.” This comes
right after the Ombudswoman found the Commission at fault for
“maladministration” for the first omnibus.
The Commission claims “the proposed amendments will not affect environmental
standards” — a claim that’s already under attack from environmental groups.
MORE REPORTING CUTS
The Commission wants to exempt livestock and aquaculture operators from
reporting on water, energy and materials use under the industrial emissions
reporting legislation.
EU countries, competent authorities and operators would also be given more time
to comply with some of the new or revised provisions in the updated Industrial
Emissions Directive while being given further “clarity on when these provisions
apply.”
The Commission is also proposing “significant simplification” for environmental
management systems (EMS) — which lay out goals and performance measures related
to environmental impacts of an industrial site — under the industrial and
livestock rearing emissions directive.
These would be completed by industrial plants at the level of a company and not
at the level of every installation, as it currently stands.
There would also be fewer compliance obligations under EU waste laws.
The Commission wants to remove the Substances of Concern in Products (SCIP)
database, for example, claiming that it “has not been effective in informing
recyclers about the presence of hazardous substances in products and has imposed
substantial administrative costs.”
Producers selling goods in another EU country will also not have to appoint an
authorized representative in both countries to comply with extended producer
responsibility (EPR). The Commission calls it a “stepping stone to more profound
simplification,” also reducing reporting requirements to just once per year.
The Commission will not be changing the Nature Restoration Regulation — which
has been a key question in discussions between EU commissioners — but it will
intensify its support to EU countries and regional authorities in preparing
their draft National Restoration Plans.
The Commission will stress-test the Birds and Habitats Directives in 2026
“taking into account climate change, food security, and other developments and
present a series of guidelines to facilitate implementation,” it said.
CRITIQUES ROLL IN
Some industry groups, like the Computer & Communications Industry
Association, have welcomed the changes, calling it a “a common-sense fix.”
German center-right MEP Pieter Liese also welcomed the omnibus package, saying,
“[W]e need to streamline environmental laws precisely because we want to
preserve them. Bureaucracy and paperwork are not environmental protection.”
But environmental groups opposed the rollbacks.
“The Von der Leyen Commission is dismantling decades of hard-won nature
protections, putting air, water, and public health at risk in the name of
competitiveness,” WWF said in a statement.
The estimated savings “come with no impact assessment and focus only on reduced
compliance costs, ignoring the far larger price of pollution, ecosystem decline,
and climate-related disasters,” it added.
The Industrial Emissions Directive, which entered into force last year and is
already being transposed by member countries, was “already much weaker than what
the European Commission had originally proposed” during the last revision,
pointed out ClientEarth lawyer Selin Esen.
“The Birds and Habitats Directives are the backbone of nature protection in
Europe,” said BirdLife Europe’s Sofie Ruysschaert. “Undermining them now would
not only wipe out decades of hard-won progress but also push the EU toward a
future where ecosystems and the communities that rely on them are left
dangerously exposed.”