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Smart grids vital to green energy drive

Smart Energy International

The global energy landscape is on the cusp of transformational changes as the migration to clean power gathers pace. With world leaders about to gather in Dubai, United Arab Emirates for the COP 28 climate summit, the transition to green energy will be one of the key topics on the agenda.

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

Climate Tech VC

The first few days of COP have ushered in a wave of major announcements and funding pledges. In deals, major funding includes $116M for hydrogen-powered aviation, $44M for sustainability software, and $75M in project finance investment for SAFs. sustainable infra fund.  Happy Monday!  Execution questions marks.

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Net Zero: Green groups urge UK 'to get its house in order' ahead of COP26

Business Green

Arguing that "the time is now" for the UK to be a global climate leader, it calls for immediate policy action to ensure that by 2030 all homes are highly energy efficient, petrol and diesel car sales are phased out, wind and solar generation triples, and 10 million heat pumps are installed in homes.

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What Is Carbon Accounting? Standards, Frameworks, Developments and Challenges

Green Business Bureau

As such, in 2022 81% of S&P 500 companies reported their own emissions (scope 1), and the emissions of the electricity they bought (scope 2). Since the convention’s establishment, the countries involved meet annually during the Conference of the Parties (COP). 30 years later came COP 26 (2021) – held in Glasgow.

Carbon 78
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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

  In deals, $90m for animal-free dairy, $50m for fusion, and $30m for resi solar and storage.  Fortescue unveiled a green ammonia dual-fuel ship at COP. Saudi Arabian ACWA Power outlined a $4bn green hydrogen and ammonia facility in Egypt that could produce up to 600,000 tons of green ammonia per year.

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? The BFD with BYD #169

Climate Tech VC

The electric competition is head and shoulders above the legacy automakers and scrappy startups racing to turn EV strategies into production and deliveries, and the trends of Tesla in the US and BYD in China illustrate some of the larger geopolitical tensions in the EV supply chain. BYD also has solar operations. Thanks for reading!

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? Nuclear’s day in the sun #177

Climate Tech VC

Do the next best thing and read our COP reflections.  The pledge also calls on international banks to include nuclear in energy lending policies to help finance project-killing infrastructure expenditures. Nuclear is having its moment in the sun. Post-Fukushima, the country pledged to phase out all atomic power.