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? Climate highs and lows #167

Climate Tech VC

Drought conditions are causing saltwater to creep into the drinking water of communities along the Mississippi River, and the DOE puts $325M toward long-duration energy storage projects. Corporate carbon footprint tracking collects $27M, and forestry and battery interests intersect to invest $18M toward bio-graphite for lithium-ion cells.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

Since the IRA passed, 265 clean energy and manufacturing projects worth $100B+ have been announced. 🔋 Renewables + storage turned out to be price competitive against fossil fuels after Lazard’s Levelized Cost of Electricity analysis included intermittency costs for the first time. Disaster seemed to be everywhere.

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CCC Sixth Carbon Budget advice: The green economy reacts

Business Green

The Sixth Carbon Budget report published today encompasses around 1,000 pages which offer the most detailed roadmap ever developed on how to transform a modern economy so that it delivers net zero emissions within the space of just 30 years. The Treasury must urgently set out a detailed finance plan to make it happen.

Carbon 45
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Pricing and politics: Where next for the UK's emissions trading scheme?

Business Green

Carbon pricing has always been a thorny political issue, but as Ministers weigh how to drive the next phase of the net zero transition some experts believe it has a critical role to play. As ever, fears abound in government that expanding carbon pricing in certain areas could risk a public backlash by heaping further costs onto consumers.

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Green recovery or bust? Six green things we learnt from the Budget (and a lot of things we didn't)

Business Green

The truth, as ever, is complicated, with the Budget having left many unanswered questions and kicking several crucial issues down the road, while at the same time serving up a raft of potentially game-changing green policies that look set to further embed climate action right at the heart of the UK's financial establishment.

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EU recovery package: Net zero launch pad or missed opportunity?

Business Green

Indeed, the European Green Deal programme aimed at transitioning Europe to become the world's first climate neutral continent by 2050 has been a major driving force behind the pandemic recovery and budget agreement. There were disappointments for the green economy in the EU Council deal, too.

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Climate Tech Entrepreneurs React to the Inflation Reduction Act

Elemental Excelerator

Not to mention President Biden also signed the CHIPS and Science Act of 2022 , putting about $67 billion toward zero-carbon industries and climate research. Analysis firm Rhodium Group estimates that it will reduce CO2 emissions by 31–44% below 2005 levels in 2030, as compared to 24–35% under current policy. CarbonCure ).