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? Copper’s the new gold rush #184

Climate Tech VC

  KoBold Metals discovered a major copper deposit, which could be the start to solving growing supply and demand imbalances brought on by copper’s fundamental role in the energy transition.    In deals, geologic hydrogen digs up $245m, $181m across six EV deals, and Brookfield’s $10bn climate transition fund.

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The Net Zero Review: Everything businesses need to know

Business Green

It is a far from unsurprising message from Skidmore, who having signed the 2050 target into law, has long been a staunch advocate for an ambitious net zero agenda. Net zero policy and delivery clarity - A recurring theme in the Review is the call for Ministers to provide greater transparency around how the net zero transition is proceeding.

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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!  Manufacturing.

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Think tank outlines possible clean energy industrial strategy for the UK

Envirotec Magazine

Accelerating the build-out of clean energy will reduce costs and make the UK more secure, write Josh Freed and Isabelle Chan of US think tank Third Way, which released a new policy paper on the topic on 29 September. For example, the UK has the Business, Energy, and Industrial Strategy Department. Why industrial strategy?

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

  Ship Orders  Yara Eyde, a joint venture between Yara Clean Ammonia and North Sea Container Line, aims to be the  world’s first clean ammonia-powered container ship. 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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? H2 hubba, hubba #170

Climate Tech VC

This week, we’ve continued to be reminded of the horror of continued loss, and the import and cost of defending one’s home. The Biden administration announced $7B for 7 hydrogen fuel hubs to lay the track for the US’s hydrogen 2030 goal. Terrorism is wrong.    Of course, the news marches on.

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Global Briefing: EU emissions fall but SUVs drive up transport CO2

Business Green

per cent in 2019, largely thanks to the ongoing decarbonisation of the heat and power industry through the bloc's emissions trading system (ETS), European Environment Agency (EEA) shows. Greenhouse gas emissions across the European Union's 27 member states fell by an average of 3.8 EU carbon border import tax plans take shape.