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? US clean investment cleans up with $239bn #187

Climate Tech VC

The US Clean Investment Monitor published its annual report for 2023, which saw clean investment total $239bn, up 38% from 2022. Energy & industry. Weaker residential construction activity cooled the HVAC sector, and heat pump sales bore the brunt at a 16% decline compared to 2022.  Happy Monday! 

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Energy Provisions In The Inflation Reduction Act

R-Squared Energy

Last week Congress passed the Inflation Reduction Act, which now heads to President Biden’s desk to be signed into law. Let’s discuss the energy provisions in the bill. Before reading through the bill, I like to get a feel for the kinds of energy programs it addresses. “Biofuel” appears 11 times.