Eco Wave Power Receives Final Permit from U.S. Army Corps of Engineers for First Onshore Wave Energy Project at Port of Los Angeles ||

Los Angeles, CA – November 18, 2024 –Eco Wave Power Global AB (Nasdaq: WAVE) (“Eco Wave Power” or the “Company”), a leading provider of onshore wave energy technology, is pleased to announce it has received the final Nationwide Permit (NWP) from the U.S. Army Corps of Engineers for its groundbreaking wave energy project at AltaSea’s premises at the Port of Los Angeles.

This milestone marks a significant step forward in the development of Eco Wave Power’s pioneering wave energy project, which is set to become the first onshore wave energy installation in the United States. 

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Shifting When and Where Electricity is Used Can Avoid Gigatons of Carbon Emissions

 How electricity is produced and when it is used has a huge impact on how clean it is. As such, marginal emissions, which result from a power plant turning on or increasing its production to meet increased demand, represent substantial potential carbon reductions. A newly expanded dataset from the tech solution nonprofit WattTime suggests as much as 9 gigatons could be avoided per year. 

The nonprofit works with major corporations like Microsoft, Toyota and Salesforce to shift when electricity is used and where it is purchased while optimizing grid decarbonization.

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Climate change is increasing hurricane wind speeds, study finds

 Climate change strengthened the maximum wind speeds of Atlantic hurricanes by an average of 18 mph during the past five years, a new study published Wednesday shows.

Why it matters: The study is among the first to show a link between hotter ocean temperatures and stronger hurricane wind speeds. It ties climate change to a hurricane's destructive potential.

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Electric vehicles in Africa: what’s needed to grow the sector |

In sub-Saharan Africa, high levels of particulate matter (PM2.5) pollution from vehicle tailpipe emissions cause poor health, developmental stunting, and even death. Vehicle emissions also contribute to global warming.

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Countries spend huge sums on fossil fuel subsidies – why they’re so hard to eliminate -

 Fossil fuels are the leading driver of climate change, yet they are still heavily subsidized by governments around the world.

Although many countries have explicitly promised to reduce fossil fuel subsidies to combat climate change, this has proven difficult to accomplish. As a result, fossil fuels remain relatively inexpensive, and their use and greenhouse gas emissions continue to grow.

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After 40 Years, New Carbon Sequestration Study Confirms the Value of Trees

 

A new model for assessing the carbon sequestration capability of trees and other plants found that the world's greenery sucks up 31 percent more carbon than previously thought. But more tree-planting may not be the answer to maximize these benefits.

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Building Climate and Financial Resilience in Cities: A Dual Imperative

 Climate change is challenging cities' financial resilience, and the impact is often overlooked. Sustainable Capital Advisors created a three-step framework to help them manage climate-related financial risks and seize opportunities for sustainable growth during a historic moment in climate funding.

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