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Haroldduh
03 Jul 2025 - 09:21 pm
This company says its technology can help save the world. It’s now cutting 20% of its staff as Trump slashes climate funding
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Two huge plants in Iceland operate like giant vacuum cleaners, sucking in air and stripping out planet-heating carbon pollution. This much-hyped climate technology is called direct air capture, and the company behind these plants, Switzerland-based Climeworks, is perhaps its most high-profile proponent.
But a year after opening a huge new facility, Climeworks is straining against strong headwinds. The company announced this month it would lay off around 20% of its workforce, blaming economic uncertainties and shifting climate policy priorities.
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“We’ve always known this journey would be demanding. Today, we find ourselves navigating a challenging time,” Climeworks’ CEOs Christoph Gebald and Jan Wurzbacher said in a statement.
This is particularly true of its US ambitions. A new direct air capture plant planned for Louisiana, which received $50 million in funding from the Biden administration, hangs in the balance as President Donald Trump slashes climate funding.
Climeworks also faces mounting criticism for operating at only a fraction of its maximum capacity, and for failing to remove more climate pollution than it emits.
The company says these are teething pains inherent in setting up a new industry from scratch and that it has entered a new phase of global scale up. “The overall trajectory will be positive as we continue to define the technology,” said a Climeworks spokesperson.
For critics, however, these headwinds are evidence direct air capture is an expensive, shiny distraction from effective climate action.
Johnnygliny
03 Jul 2025 - 09:18 pm
‘Extraordinary rainstorm’ floods Nebraska city, triggers water rescues
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An entire June’s worth of rain fell in just a few hours over Grand Island, Nebraska, Wednesday night, triggering life-threatening flash flooding that inundated neighborhoods, stranded motorists and forced water rescues.
Crews have responded to dozens of calls to assist motorists stuck in flooded roads since torrential rain began Wednesday night, according to Spencer Schubert, the city’s communications manager. The flooding has also displaced an unspecified number of residents from their homes.
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“At this time we have no injuries to report,” Schubert said early Thursday morning, noting some rescues were ongoing.
Torrential rain caused sewers to back up into several homes and sent floodwater running into basements, according to a Thursday news release from the city. Some affected residents took shelter at local hotels or with friends and family.
“This was an extraordinary rainstorm and is very similar to the historic rains seen in the 2005 floods,” Jon Rosenlund, the city’s emergency director said. “We will be actively monitoring rivers, creeks and other drainage areas over the next few days for future flooding issues.”
Flooding in 2005 turned streets into rivers in Grand Island. At one point, the city tore up a major road to open up a channel to drain flooding away from homes, CNN affiliate KHGI reported.
The central Nebraskan city is home to around 53,000 people and is about 130 miles southwest of Omaha. The rain came to an end around sunrise Thursday, but the danger remains, with a flood warning in effect until 7 p.m. CDT.
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03 Jul 2025 - 08:33 pm
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03 Jul 2025 - 06:22 pm
Ethena: The Future of Crypto and DeFi Innovation
Ethena is rapidly emerging as a prominent name in the world of cryptocurrency and decentralized finance (DeFi). With a focus on security, innovation, and user-centric solutions, Ethena is shaping the future of digital assets and financial protocols. Let’s explore the key aspects associated with Ethena, including its platforms, tokens, and ecosystem.
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Ethena Overview
Ethena is a blockchain project dedicated to creating secure, scalable, and user-friendly DeFi solutions. Its ecosystem encompasses various components such as Ethena Fi, Ethena Lab, and its native tokens like Ethena USDE. The project aims to bridge traditional finance with innovative crypto solutions, making decentralized finance accessible to a broader audience.
Ethena Fi
Ethena Fi is the decentralized finance platform built on the Ethena ecosystem. It offers a suite of financial products including lending, borrowing, staking, and yield farming. Ethena Fi emphasizes security and transparency, providing users with reliable tools to grow their crypto assets.
Ethena Finance
Ethena Finance refers to the broader financial ecosystem powered by Ethena’s blockchain technology. It integrates various DeFi protocols, enabling seamless asset management, liquidity provision, and crypto trading. Ethena Finance aims to create a comprehensive financial environment where users can leverage their crypto holdings efficiently.
Ethena Lab
Ethena Lab is the innovation hub within the Ethena ecosystem. It focuses on research, development, and testing of new blockchain solutions, smart contracts, and DeFi protocols. Ethena Lab drives continuous innovation, ensuring the platform remains at the forefront of crypto technology.
Ethena USDE
Ethena USDE is the native stablecoin of the Ethena ecosystem. Pegged to a stable asset, USDE provides a reliable medium of exchange within the platform, facilitating smooth transactions, lending, and borrowing activities. It aims to maintain stability while offering the benefits of decentralization.
Ethena Finance Crypto
Ethena Finance crypto encompasses the entire range of digital assets, tokens, and protocols developed under the Ethena project. It includes the native tokens, stablecoins, and other crypto assets that facilitate DeFi operations, liquidity pools, and decentralized trading.
Rogerdub
03 Jul 2025 - 06:18 pm
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Bernardnup
03 Jul 2025 - 03:24 pm
Aerodrome Finance: Innovations and Opportunities
In today's evolving landscape, the development of aerodrome infrastructure and related financial tools is becoming increasingly significant. This article explores key aspects of aerodrome finance, along with emerging trends in decentralized finance (DeFi), such as aerodrome swap, aerodrome exchange, and aerodrome DEX.
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What is Aerodrome Finance?
Aerodrome finance refers to the integration of traditional aerodrome operations with modern financial technologies, enabling optimized management of assets, investments, and operations at aerodrome bases. This concept involves creating specialized aerodrome bases that serve as platforms for financial transactions and investment activities.
Aerodrome Base
An aerodrome base is a foundational platform that combines aerodrome infrastructure with financial instruments. It provides transparency, security, and efficiency in asset management and acts as a core for implementing innovative financial solutions.
Aerodrome Swap
An aerodrome swap is a financial instrument allowing participants to exchange assets or liabilities related to aerodrome infrastructure. Such swaps help manage risks associated with fluctuations in asset values or currency exchange rates.
Aerodrome Exchange
An aerodrome exchange is a marketplace for trading assets linked to aerodromes, including tokens representing infrastructure or other financial instruments. It ensures liquidity and market access for investors and operators.
Aerodrome DeFi Solutions
Aerodrome DeFi involves applying decentralized finance protocols within the aerodrome sector. This includes establishing aerodrome finance bases where users can obtain loans, participate in liquidity pools, and earn yields by providing liquidity.
Aerodrome DEX
An aerodrome DEX is a decentralized exchange that facilitates token swaps without intermediaries. This aerodrome DEX promotes local market development and enhances access to financial services for industry participants.
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Vincentdof
03 Jul 2025 - 11:45 am
“AI expends a lot of energy being polite, especially if the user is polite, saying ‘please’ and ‘thank you,’”
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Dauner explained. “But this just makes their responses even longer, expending more energy to generate each word.”
For this reason, Dauner suggests users be more straightforward when communicating with AI models. Specify the length of the answer you want and limit it to one or two sentences, or say you don’t need an explanation at all.
Most important, Dauner’s study highlights that not all AI models are created equally, said Sasha Luccioni, the climate lead at AI company Hugging Face, in an email. Users looking to reduce their carbon footprint can be more intentional about which model they chose for which task.
“Task-specific models are often much smaller and more efficient, and just as good at any context-specific task,” Luccioni explained.
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If you are a software engineer who solves complex coding problems every day, an AI model suited for coding may be necessary. But for the average high school student who wants help with homework, relying on powerful AI tools is like using a nuclear-powered digital calculator.
Even within the same AI company, different model offerings can vary in their reasoning power, so research what capabilities best suit your needs, Dauner said.
When possible, Luccioni recommends going back to basic sources — online encyclopedias and phone calculators — to accomplish simple tasks.
Why it’s hard to measure AI’s environmental impact
Putting a number on the environmental impact of AI has proved challenging.
The study noted that energy consumption can vary based on the user’s proximity to local energy grids and the hardware used to run AI models.
That’s partly why the researchers chose to represent carbon emissions within a range, Dauner said.
Furthermore, many AI companies don’t share information about their energy consumption — or details like server size or optimization techniques that could help researchers estimate energy consumption, said Shaolei Ren, an associate professor of electrical and computer engineering at the University of California, Riverside who studies AI’s water consumption.
“You can’t really say AI consumes this much energy or water on average — that’s just not meaningful. We need to look at each individual model and then (examine what it uses) for each task,” Ren said.
One way AI companies could be more transparent is by disclosing the amount of carbon emissions associated with each prompt, Dauner suggested.
Sanitew
03 Jul 2025 - 11:06 am
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