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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.   COP29 was announced and will be held in Baku, Azerbaijan. Clear(er) skies for IRA SAF tax credit.

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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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Meet the Startups Innovating in Experts’ Top Climatetech Areas for 2024

Greentown Labs

GreenLIB is pioneering a sustainable future by transforming battery waste into profitable, closed-loop solutions within the global lithium-ion battery market. VIA BioFuels produces and sells premium drop-in fuels and chemical feedstocks—based on bio-produced molecules—to the international transportation, aviation, and chemical industries.

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How to Build a Green Hydrogen Economy for the US West

GreenTechMedia

ACES will provide up to 150,000 megawatt-hours of energy storage capacity, a scale that dwarfs the lithium-ion battery capacity being installed in California and across the Intermountain West. Mitsubishi also makes lithium-ion batteries for the rapidly growing global market, said Paul Browning, CEO of Mitsubishi Power America.

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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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August 2020 Cleantech Roundup: EV Charging Investments | Why Were Californians in the Dark?

Clean Energy Trust

Link Wither Methane? The Trump administration announced they were eliminating a regulation that required oil and gas companies to monitor and limit methane leaks. These different formulations of lithium-ion batteries offer different attributes?