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Here is today’s sustainable IT services and climate tech news, research and analysis — written for technology partners, green IT service providers, CIOs, chief sustainability officers (CSOs) and climate accounting professionals.
1. IT Asset Disposition (ITAD) – Talent: Circular Integrity has hired Alaina Shearer as brand and marketing strategy lead. She joins existing team members Tim Suhling, Karen Fedder, Karen Haile and Todd Zegers at the company, which assets organizations with their ITAD and circular tech strategies.
2. IT Asset Disposition (ITAD) – Expansion: ERI now has eight e-waste recycling facilities across the United States, including a 53,500 square foot location in Lincoln Park, New Jersey, the company said.
3. Digital Circular Economy Market Growth Forecast: The global digital circular economy will reach $15.62 billion by 2032, 24.42 compound annual growth rate (CAGR) from 2024, Straits Research Private Limited. The market includes applications such as reverse logistics and re-manufacturing, circular waste management and recycling, digital resale and reuse.
4. AI Data Centers: American Electric Power will leverage Bloom Energy fuel cells to power AI data centers, the two companies said. Specifically, AEP will order 100 megawatts (MW) of Bloom Energy fuel cells with further expansion orders expected in 2025, the firms said.
5. Partnership – Home EV Charging: Eaton and Treehouse are partnering to accelerate home energy transition projects that involve EV charging, energy storage, heat pumps and more, the companies said.
6. Lawsuit: Elon Musk’s lawsuit against OpenAI has expanded to include new defendants such as Microsoft, LinkedIn co-founder Reid Hoffman, and former OpenAI board member and Microsoft VP Dee Templeton, TechCrunch reported.
1. Complete M&A List: Here’s our database of all M&A deals involving green IT and renewable energy buyers, sellers and investors.
1. Carbon Finance: Global carbon markets gained a win on November 11, after negotiators at COP29 ratified a key framework for the trading of U.N.-backed carbon credits between countries, potentially unlocking billions of dollars of climate finance, The Wall Street Journal reported.
2. COP29 – Can Gold Help?: The International Monetary Fund should sell 4% of its gold to help offer debt relief to low income countries devastated by climate-related catastrophes, a study said as climate financing dominates early talks at the COP29 summit, Reuters reported.
3. Russia – Paris Accord Perspectives: Russia backs the Paris climate agreement, the Kremlin’s envoy said, adding he hoped President-elect Donald Trump will also keep the US in the landmark agreement, Bloomberg reported.