Remove Aviation Remove Cooling Remove Lithium Remove Methane
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Carbon offsets alone won’t make flying climate-friendly

Grist

It’s packed with energy; per unit of weight, at least 60 times as much as the lithium-ion batteries used to propel electric cars. In the presence of the sun’s rays, nitrogen molecules set of a chain of reactions that produce ozone and destroy free-floating atmospheric methane. It’s also terrible for the climate. Others warm it.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

💨 Private equity and O&G bet big on climate tech’s next frontiers: DAC and lithium. Blackrock injected $550M into Oxy’s DAC plant and ExxonMobil unveiled its first-ever lithium mining operation. ❄️ Macro market cools climate tech venture. 👻 Spooky season for clean energy stocks.

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? Alterra’s $30B bridge for climate financing #176

Climate Tech VC

Countries and companies have also kicked off pledges to triple investments in renewables and nuclear, drive down methane emissions, and commit loss and damage funds. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs.

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? Credibility for carbon credit claims #157

Climate Tech VC

⚡ Turn2x , a Munich, Germany-based RNG from methanation producer, raised $5M in Seed funding from LEA Partners, Verve Ventures, and First Momentum Ventures. 💨 Greenlyte Carbon Technologies , a Dedham, United Kingdom-based low temperature Direct Air Capture developer, raised $5M in Pre-Seed funding from Earlybird Capital.

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