Climate Tech Newsletter: June 16, 2025

Welcome to last week’s edition of the CBKNY’s Weekly News Highlights. Explore the latest policies, innovations, and market trends driving the future of climate tech.

Climate Tech Insights

A record heatwave in Iceland and Greenland underscores Arctic vulnerability to climate change. Meanwhile, nuclear fusion startup Proxima raises $148 million—marking a milestone in clean tech funding and reflecting investor confidence in scalable, next-gen energy alternatives amid global urgency.

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1. Iceland, Greenland hit by extreme Arctic heat wave
   June 11, 2025 – The Washington Post

2. Sodium batteries are making a niche for themselves
   June 12, 2025 – MIT Technology Review

3. Vietnam launches first phase of emissions trading scheme
   June 11, 2025 – Reuters

4. UN urges ratification of treaty to protect oceans
   June 9, 2025 – Reuters

5. Local leaders urge Senate to save clean energy credits
   June 10, 2025 – ESG Dive

6. Trump administration advances power plant pollution rollbacks
   June 9, 2025 – E&E News by POLITICO

7. Fusion startup Proxima raises $148M in record funding
   June 11, 2025 – CNBC

8. Maine bill could threaten future of community solar
   June 12, 2025 – Canary Media

9. California wastes clean energy as solar curtailments rise
   June 6, 2025 – Canary Media

10. Survey finds bipartisan support for renewable energy over fossil fuels
    June 11, 2025 – Canary Media

11. Timeline: Trump’s impact on energy and climate policy
    June 12, 2025 – Trellis

12. How corporations shape climate policy behind the scenes
    June 9, 2025 – Trellis

13. Fervo Energy lands $206M for massive geothermal project
    June 11, 2025 – TechCrunch

14. Octopus backs Mopo Energy to expand access in Africa
    June 12, 2025 – Sifted

15. Texas anti-renewables bills fail to pass legislature
    June 12, 2025 – Inside Climate News

16. Scientists find PFAS removal method for EV batteries
    May 28, 2025 – Happy Eco News

17. Clean Oceans Initiative 2.0 to invest €3B in plastic cleanup
    June 10, 2025 – ESG News

18. CIF to fund $1B decarbonization plan in emerging markets
    June 13, 2025 – ESG News

19. Supply chain decarbonization takes aim at Scope 3 emissions
    June 10, 2025 – Climate Insider

20. Turning soda cans into hydrogen: a scalable clean fuel idea
    June 3, 2025 – MIT Climate Portal

21. New hydrogen fuel cell could enable electric flight
    May 27, 2025 – MIT Climate Portal

22. Senators introduce bipartisan Wildfire Reduction and Carbon Act
    June 11, 2025 – Carbon Credits

23. SolarBank combines clean energy with Bitcoin mining
    June 9, 2025 – Carbon Credits