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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. 🏦 The Loans Program Office kept busy. Proterra, the dominant electric bus maker, was just one high profile example. 👻 Spooky season for clean energy stocks. 💪 Climate joined the labor movement.

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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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The prospects for I-1631 eliminating 20 million tons of carbon pollution annually by 2035

Low Carbon Prosperity

In this Low Carbon Prosperity Institute (LCPI) analysis, we explore scenarios of carbon reduction investment performance based on the revenue allocation described in Initiative 1631. The measure is intended, but not required, to reduce carbon emissions in 2035 to 25% below 1990 levels, consistent with the state’s legislated target.

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? Green linings & lessons from breakthroughs #159

Climate Tech VC

Climate tech companies that attracted substantial funding for their innovations in 2021 and 2022 are now reaching important proof points on the journey to commercial scale. Geologic hydrogen raises $91M and heating and cooling efficiency draws in $67M. In deals this week, supply chain software scoops up $192M. Thanks for reading!