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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. Al Jaber as Chairman of Alterra, and also host of COP28, has already stirred controversy due to his role as President of ADNOC and rumored intention to broker fossil fuel deals during COP. A well-Time(d) profile on Sultan Al Jaber leading COP.

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? Blackrock’s $550M DAC bet #174

Climate Tech VC

Meanwhile, Michigan approves a bundle of clean energy bills, the UN irons out details for the "loss and damages" fund ahead of COP, and Flexport launches a book and claim model for SAFs.    In other news, project cancellation woes abound with NuScale canceling its first-of-a-kind SMR project.

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🌎 The lithium jackpot in Smackover #220

Climate Tech VC

This week, we’re digging into the news that Arkansas’ southwestern Smackover Formation region could be home to between 5 and 19 million tons of lithium. What happened The porous and permeable limestone in Smackover has long been known for oil and bromine deposits, but only recently has industry begun to explore its lithium lode.

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? Nuclear’s day in the sun #177

Climate Tech VC

Do the next best thing and read our COP reflections.  Last COP featured the conference’s first nuclear-themed pavilion, and this year boasted eight. A fusion of world powers Scientists have also been chasing nuclear fusion for decades , but again COP could reflect a global paradigm shift. Happy Monday! 

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? Ammonia goes from fertilizer to fuel #180

Climate Tech VC

Fortescue unveiled a green ammonia dual-fuel ship at COP. Other 🔋 Northvolt , a Stockholm, Sweden-based lithium-ion battery manufacturer, raised €902m ($986m) in Grant and Debt funding from The European Commission.     Can’t get enough deals?

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🌎 CERAWeek 2025: More power, more problems #237

Climate Tech VC

  🔋 Daqus Energy, a Woburn, MA-based transition metal free lithium-ion batteries manufacturer, raised $6m in Seed funding from Morningside Group.  Exits 🔋 Northvolt , a Stockholm, Sweden-based lithium-ion battery manufacturer, filed for Bankruptcy / Out of Business.  Can’t get enough deals?

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🌎 The UN gives (carbon) credit where it’s due #223

Climate Tech VC

  We’ll spare you the obligatory “ good COP, bad COP ” joke, but this week, we’ve got a deep dive into the UN’s biggest move at COP29 so far: the approval of Articles 6.2 This approach could set a precedent for bypassing negotiation processes in future COPs, adding uncertainty to the framework.

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