Main Sequence announces $250 million deep tech fund to make the world a better place

Main Sequence team: (left to right, top) Virginia Crawter, Bill Bartee, Mike Nicholls, Phil Morle; (left to right, bottom) Stella Xu, Mike Zimmerman, Jen Baxter | Main Sequence

Australian deep tech venture firm Main Sequence has announced a $250 million fund to increase its focus on solving some of the world’s biggest issues in areas such as climate and food.

Turnbull urges Australia to commit to zero net emissions or pay a ‘heavy price’

Credit: Nicholas Doherty

Former Prime Minister Malcolm Turnbull says that Australia must set more ambitious climate targets to retain international credibility, trade relations and climate protection. “Australia really has to get on board,” said Mr Turnbull at the AFR energy and climate summit on Tuesday. “If we don’t we will pay a heavy price for this, believe me,… Continue reading Turnbull urges Australia to commit to zero net emissions or pay a ‘heavy price’

100 million trees by 2025: Mastercard’s Priceless Planet Coalition

Credit: Noah Buscher

As consumers demand more sustainable and ethical business operations, companies can now join forces and fight climate change collaboratively through Mastercard’s Priceless Planet Coalition. The Priceless Planet Coalition (PPC) unites merchants, banks, cities and consumers to plant 100 million trees by 2025. It is a platform where businesses can crystallise their sustainability goals and help… Continue reading 100 million trees by 2025: Mastercard’s Priceless Planet Coalition

Australia to lose $3tn over 50 years if climate change not addressed, report finds

The Australian economy will lose more than $3 trillion over the next 50 years if climate change is not addressed, according to a new report from Deloitte Access Economics. The report titled A new choice: Australia’s climate for growth said if net-zero emissions policies are adopted by 2050 it could create 250,000 jobs and add… Continue reading Australia to lose $3tn over 50 years if climate change not addressed, report finds

Employees wants employers to take climate action: Peakon analysis

Australian employees have taken the charge on climate action with a 220% increase in employee comments on the subject. This data comes from Peakon, which analysed over 298,000 survey comments made by Australian employees. The inaugural 2020 Employee Expectations report aims to get clear on what exactly employees expect and want from their employers this calendar year.… Continue reading Employees wants employers to take climate action: Peakon analysis

Small business owners prioritise climate change, energy costs and tax cuts

A new survey from Xero, the global small business platform, has revealed a disconnect between small business owners and politics, with a whopping three in four (75 per cent) unable to name the Federal Small Business Minister, and 15 per cent unable to name the Prime Minister. Despite many not being able to name key… Continue reading Small business owners prioritise climate change, energy costs and tax cuts

Carbon tax fat lady yet to sing

It’s been four long years the phrase ‘carbon tax’ first became a core part of the Australian political lexicon. Despite the new Government’s plan to scrap the tax, it seems the debate is far from over.