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Meet Our Members: Introducing Greentown’s Newest Startups of Q1 2023

Greentown Labs

Eighteen startups joined our community in the first months of 2023, working on innovations as diverse as an ammonia-based energy system, sneakers made from food waste, and nano-filters that reduce energy consumption in chemical separations. This system has 5x higher system-level energy densities compared to lithium batteries.

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? 2023’s Most Headliney-Headlines #178

Climate Tech VC

In news this week, COP28 wraps up with a landmark agreement on transitioning away from fossil fuels, DOE announces a new office focused on AI, and over 2M Teslas were recalled.  for grid enhancements and $7B for hydrogen fuel hubs. Proterra, the dominant electric bus maker, was just one high profile example.

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'Dire warning': Fears grow over net zero 'complacency' as emissions rebound

Business Green

The rhetoric has been hugely welcome and has contrasted positively with the months and years following the financial crash of 2008, during which proposals for green stimulus packages struggled to secure meaningful traction and a wave of new fossil fuel investment locked in another decade of rising global emissions.

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Government moves to turbocharge renewables roll out with annual auctions

Business Green

The government has today promised to accelerate the roll out of low cost renewable projects by shifting the timetable for clean power contract auctions from once every two years to every year. The more clean, cheap and secure power we generate at home, the less exposed we will be to expensive gas prices set by international markets.".

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'Denial and delusion': Green groups slam government refusal to rule out new North Sea oil and gas exploration

Business Green

But Ministers insist end to financial support for overseas fossil fuel energy projects, £16bn transition plan for North Sea, and climate compatibility test for new projects can put UK on track to net zero emissions. We will not leave oil and gas workers behind in the United Kingdom's irreversible shift away from fossil fuels.

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EU recovery package: Net zero launch pad or missed opportunity?

Business Green

As MEPs enter talks over EU Council's €1.8tr recovery package and budget deal, many key green questions remain. Of the overall €1.8tr package encompassing the recovery funding and the 2021-27 budget, EU leaders agreed that 30 per cent should be earmarked for the bloc's climate objectives and transition to net zero.

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? Heat pumps go steampunk

Climate Tech VC

Most industrial facilities use fossil-fuel burning boilers to generate that heat, and while there are options to electrify or fuel-switch in order to decarbonize the process, most market-ready solutions are still more expensive than current GHG-emitting equipment. Second dead-end is hydrogen.