Climate news on October 29, 2026

1. 0107:06 UTC

   HKSTP issues first battery and energy storage strategy report

   3 outlets · first: News-Press NOW Renewable energy

   Machine summary Hong Kong Science and Technology Parks Corporation released its first Battery and Energy Storage Strategic Analysis Report on 29 October 2026 at One Earth Summit 2026, the corporation announced. The report, presented by CEO Terry Wong, attributes BES growth to energy security, renewable grid integration, electrification and power demand from AI data centres, and sets out a four-stage value chain that includes end-of-life battery management.

   1. HKSTP released its inaugural Battery and Energy Storage Strategic Analysis Report on 29 October 2026 at One Earth Summit 2026, the corporation announced in a Media OutReach Newswire distribution.
   2. HKSTP chief executive Terry Wong delivered a keynote titled "Supercharging Battery and Energy Storage Innovation for Energy Transition" and hosted a media briefing on the report's findings, according to the announcement.
   3. According to HKSTP, Hong Kong's BES value chain has four stages: frontier R&D, followed by integration and intelligence, then green finance, and finally end-of-life battery management.
   4. The report attributes BES growth to energy security, renewable grid integration, electrification and power demand from AI data centres, per HKSTP.

   Reported by News-Press NOW, E27 and riauone.com.

   • HKSTP
   • Battery and Energy Storage Strategy Analysis Report
   • One Earth Summit 2026
   • Battery and Energy Storage (BES)

2. 0220:02 UTC

   Rivian revenue rises 38% as the R2 becomes its best-seller

   2 outlets · first: Electrek Ev

   Machine summary The R2, in its first full quarter of deliveries after first reaching customers in June 2026, became the company's best-selling model ahead of the R1 and the Amazon van, according to Electrek. Rivian raised its 2026 guidance to 67,000–70,000 deliveries, a pre-tax adjusted loss of $1.75–1.85 billion and capital expenditure of $1.4–1.5 billion.

   1. Q3 2026 revenue reached $2.155 billion, up 38% year over year, according to Electrek
   2. Rivian delivered a record 19,248 vehicles from July through September 2026, CNBC reported
   3. Net loss attributable to common stockholders was $913 million, versus $1.17 billion in Q3 2025, CNBC reported
   4. Gross profit was $176 million, up from $24 million a year earlier, CNBC reported
   5. Rivian's revised 2026 guidance: 67,000–70,000 deliveries, a pre-tax adjusted loss of $1.75–1.85 billion, and capex of $1.4–1.5 billion, per CNBC

   Reported by Electrek and CNBC.

   • R2
   • R1

3. 0315:07 UTC

   Poll finds Europeans back climate action but doubt EU green policies

   2 outlets · first: euronews.com Regulation

   Machine summary Asked in the Netherlands, 54% answered that environmental policies had left ordinary people worse off, compared with 12% who believed they had benefited; corresponding figures stood at 46% in Spain, 45% in both Germany and France, and 44% in Hungary.

   1. Among people polled in the Netherlands, 54% believed environmental policies had left ordinary people worse off, whereas 12% felt they had benefited.
   2. In Spain the same negative impression was shared by 46%, in Germany and France by 45%, and in Hungary by 44%.
   3. The share of respondents saying they consider meaningful headway toward net-zero emissions by 2050 unlikely ranged from 49% to 76%, depending on the country.
   4. Majorities in all ten countries expressed concern about climate change, but achieving net zero by 2050 ranked among their lowest climate priorities.

   Reported by euronews.com and Yahoo News Canada.

4. 0410:00 UTC

   Kerala startup Carbelim raises ₹10 crore for microalgae carbon capture

   2 outlets · first: The Hindu - Business Line Sustainability

   Machine summary The company, founded by Karthika Gopi and Rahul Babu, builds microalgae-based carbon-capture and air-purification systems and says it has filed 13 patents, seven in the US and six in India, according to a press release cited in the report. According to co-founder Karthika Gopi, the funding is anticipated to generate more than 50 new positions and bring turnover up to ₹100 crore via overseas markets.

   1. Founded by Karthika Gopi and Rahul Babu, the company develops microalgae-based carbon-capture and air-purification systems that it says convert atmospheric carbon dioxide into oxygen.
   2. According to a press release cited by Business Line, Carbelim has filed 13 patents, seven in the United States and six in India.
   3. Carbelim is described as one of the first four deep-tech firms picked for the Unicorn Frontier Fund's initial funding, and as the first Kerala startup that fund has backed.
   4. According to co-founder Karthika Gopi, the investment should generate more than 50 extra positions and raise turnover to ₹100 crore via international markets, these are plans as stated, not results that have been reported.
   5. According to the report, Unicorn India Ventures, IIT Madras and IIT Madras Research Park raised the Unicorn Frontier Fund.

   Reported by The Hindu - Business Line and Prop News Time.

   • IIT Madras
   • IIT Madras Research Park
   • Unicorn India Ventures
   • Carbelim
   • IIT Madras Unicorn Frontier Fund

Each summary and its key facts are a machine summary of the reports linked under it; the outlets, times and counts come from those reports' own records. How a rundown is built.