The California Air Resources Board voted Thursday afternoon to phase out the sale of new gasoline-powered cars in the Golden State. The full effect of the binding decision will kick in more than 12 years from now, in 2035, when it will require most new cars and trucks sold in California to run exclusively on
GreenTech
Across much of the U.S. this summer, as temperatures soared nearly every afternoon, air conditioners clicked on again and again, sending electricity demand through the roof. Just north of Boston, the normally temperate coastal city of Beverly was no exception. Since the Fourth of July, the city has experienced nearly 20 days when temperatures crested
When March 2020 rolled around, Jonathan Goldberg figured his new startup, Carbon Direct, was in for a long slog. The COVID pandemic was beginning to upend the world, and it suddenly didn’t seem like a great time to launch a business. “I thought we would have no clients,” he said. He needn’t have worried. Microsoft,
Toyota has joined the growing list of automakers that have recognized the state of California’s authority to set vehicle emissions standards under the U.S. Clean Air Act. The move will make the Japanese automaker eligible for government fleet purchases by California. “Toyota continues to share the vision of greenhouse gas (GHG) reduction and carbon neutrality
More funding for sustainability reporting: Sweden’s Worldfavor, an early mover platform focused on building digital infrastructure to support supply chain transparency and cater to organizations’ ESG (environmental, social, governance) reporting needs, has bagged €10.2 million in Series A funding to step on the growth gas. The Series A was led by SEB Private Equity, which
“Build it or else.” That was the gist of U.S. Senator Joe Manchin’s discussions with the automotive industry regarding EV tax credits. Manchin, a Democrat from West Virginia, had grown increasingly concerned about China’s dominance of the lithium-ion battery market, and he told car companies that they needed to move vast swaths of the global
Fresh produce is an important cornerstone of a healthy diet, and if Click & Grow gets a say, it wants to make that easier by inviting you to grow your own food, right at home. The company today launches the Click & Grow 25, which the company says is designed “to provide a farmers’ market
Sequoia Capital India and Southeast Asia disclosed 15 early-stage startups it has selected for the seventh cohort of its accelerator program Surge, pushing ahead with new investments even as the deal activity has considerably slowed in the region. Since its launch in March 2019, the accelerator has helped its participating startups collectively raise over $1.7
Zūm’s mission is simple – to introduce student transportation that is reliable, efficient, sustainable and transparent. To achieve the feat of modernizing an incredibly outdated, stuck-in-the-mud system, Zūm relies on cloud-based analytics software to create an agile bus routing system with real-time visibility for schools and parents. The startup also uses a diverse fleet that
Five years ago, the group that approves new emoji rejected one for climate change. It’s time for them to rethink that decision. After a summer of drought, floods, fire and heat waves — one that isn’t even over yet — the consequences of climate change are becoming more apparent, and a growing number of people
Turning waste into usable products is my jam, so when the Mi Terro team told me what they were working on, I knew I had to write about it. Mi Terro takes agricultural waste and processes it into proteins that can be used as a plastic replacement, fed as food to animals and much more.
Some parts of China are suffering from record high temperatures in the past few weeks, prompting local governments to halt industrial power use, including those of battery plants. When news reaches the West, it generates fear-mongering headlines like “China heat wave shuts Tesla suppliers” which have likely rattled investors (because Tesla is all we care
In the U.S., most electric vehicle owners say that public chargers are easy to use. That is, when they actually work. A new J.D. Power survey finds that, while public charging stations are a tad easier to come by these days, faulty chargers are souring the experience and hampering EV adoption. That’s no good, because
Bangalore-based Exponent Energy might have come up with a way to deliver 15-minute rapid charging for electric vehicles. The startup, which just raised a $13 million Series A, relies on a combination of its proprietary battery pack and charging infrastructure to achieve such a feat. Exponent Energy’s business model is geared towards OEMs building commercial
The U.K. water processing industry produces a godawful amount of biogas annually. The gasses are primarily used to generate operational heat and power on-site, or they can be turned into biomethane and injected back into the national gas grid. New research funding is going to see if United Utilities can use Levidian’s Loop system to
If you ask me, climate tech investor Contrarian Ventures isn’t so contrarian anymore. The five-year-old firm is targeting $100 million for its second seed-stage fund, and it’s doing so smack in the middle of a climate-tech dealmaking boom. So, if anything, it’s trendy. But when the seed-stage VC — a backer of e-bike maker Zoomo
President Joe Biden signed the climate-and-energy-focused Inflation Reduction Act into law today, a turn of events that just a few months ago seemed impossible. The move will undoubtedly bolster the United States’ stance in the next round of climate negotiations. And by the end of the decade, it’s expected that the law will reduce the
Mycel, a South Korean startup making fungal-based biomaterials that can replace leather and meat, said it has raised $10 million (13 billion WON) in a pre-Series A round of funding. Co-founder and CEO of Mycel Sungjin Sah told TechCrunch that the company uses mycelium, a root-like structure of mushroom, to make leather substitutes that can
With the climate-and-energy-focused Inflation Reduction Act expected to be signed by President Joe Biden this week, The Wall Street Journal asked Dealogic to analyze the amount of money being loaned to “green” companies and to oil and gas companies. Investors, WSJ concludes, aren’t ready to give up on fossil fuels. But the data suggests that
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Concerns and
Automakers and suppliers are breaking ground on battery factories across the United States as they race to go all in on EVs by the end of the decade. Car companies and suppliers such as LG Energy, SK Innovation, Panasonic and Samsung are investing more than $38 billion through 2026 to boost battery production in the
VoltStorage’s iron-salt batteries help it land $24 million Series C from Cummins, the diesel engine giant Tim De Chant 8 hours With the impending passage of the Inflation Reduction Act, renewables are about to get a fresh jolt in the U.S. They’re already some of the cheapest sources of electricity to build and run, but
Climate change and the industrial food complex are intrinsically linked. As that sinks in to the public consciousness, more and more people ask the question “What can I do to help reduce my impact?” The answer is pretty obvious: waste less, eat more local, eat seasonally, and watch what’s on your plate. You don’t have
If there is ever going to be a national hydrogen economy, we’re going to need to change a few things. One of them is how we produce hydrogen itself, the vast majority of which comes from fossil fuels. SunGreenH2 brings a nanotech-level advance to green hydrogen production, supercharging electrolysis so orders of magnitude more hydrogen
Ford said Wednesday it has reached a deal with DTE Energy to power its electricity supply in Michigan with clean energy, a step toward its goal to become carbon neutral by 2050. The automaker’s deal with DTE, Michigan’s largest producer of renewable energy, will add 650 megawatts of new solar energy capacity in the state
For a while, it seemed like BMW had turned a corner with its EV strategy. Its i4 and iX have received stellar reviews, and this spring the company announced an all-electric platform, the Neue Klasse, which it said will underpin EV versions of the 3-series sedan and the X3 crossover starting in 2025. The company
With the Senate passing the Inflation Reduction Act of 2022 last night, and House passage later this week all but assured, it’s likely that the U.S. will be taking significant — though not comprehensive — congressional action on climate change. The bill is expected to trim U.S. carbon emissions to 40% below 2005 levels by
Project Solar doesn’t make solar panels, nor does it employ crews to plop them on roofs, but the startup argues it can shake up the residential solar business by steering clear of sales reps and automating parts of the ordering, design and installation process. Backed by $23 million in fresh Series A funding led by
The world needs a company willing to force governments to take action on climate change. So far, climate tech has been the polite corner of the startup world. All pleases and thank yous, triple bottom lines and shared upsides, plenty of virtue and virtue signaling. That’s great and all. Saving the world from probable calamity
Breakthrough Energy Ventures, a climate-focused VC firm linked to some of Earth’s wealthiest individuals, has joined a $44 million bet on solar startup Terabase Energy. Terabase aims to rapidly build new solar farms “at the terawatt scale,” CEO Matt Campbell said in a statement. The startup claims its automated, on-site factory can already speed up
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