Oakland-based startup Molten Industries is converting something that’s cheap and abundant in the US — natural gas — into graphite and hydrogen, the latter of which can be used as a source of clean energy.
Graphite is a key component of lithium-ion batteries and developing a US supply chain will break China’s hold on the graphite markte. The effort is funded in part by Bill Gates’s Breakthrough Energy Ventures.
In the aftermath of extreme weather events, at least five large U.S. property insurers — including Allstate, American Family, Nationwide, Erie Insurance Group and Berkshire Hathaway — have told regulators that extreme weather patterns caused by climate change have led them to stop writing coverages in some regions, exclude protections from various weather events and raise monthly premiums and deductibles.
Fred Wilson, an influential VC with Union Square Ventures issues predictions for 2023, including: Climate, where USV has been actively investing for the last three years and now has two funds dedicated to the sector,…
So here’s the buried lede: Earlier this year, we raised Lowercarbon Q>1, a $250m fund to advance the most promising fusion companies and accelerate the day when we can rehab our way out of this sludge-gargling addiction.
Fund managers who haven’t cared about biodiversity may soon find they have to. “The accord will encourage the finance industry to assign a price to natural resources that bankers and investors had previously treated as cost-free.”
Carbon and emissions tech experienced a strong Q3 2022—its third-strongest on record—raising a total of $4.8 billion. Deal value has increased each quarter over the past 12 months, and VC activity is on pace to…
Perhaps more exciting [than this startup explosion] is the expected impact on Fortune 500s. Thousands of big companies are moving slower owing to the downturn. The climate policy will reverse that trend, spurring activity from the very companies that might buy from or acquire startups.
The early verdicts have arrived: Investors are confident the Democrats’ climate deal will translate into expanded real-world deployment of low-carbon energy.
These subsidies artificially reduce the price of fossil fuels and generally take two forms: production subsidies and consumption subsidies. “When digging yourself into a hole, first thing: Stop Digging!”
The Financial Stability Oversight Council issued a formal warning on the economic damage that global warming could inflict.
Here are a few slides of interest from a market analyst’s presentation to a conference. Slides show how economics drives the transition to clean energy.
[Editor’s Note:] Business is leading the way, with a firm commitment they publicly make and track. Here’s a great infographic explanation.
