Climate Tech Newsletter: February 08, 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:
Climate policies, clean energy, AI, and investments face challenges

1. Supersonic planes are inching toward takeoff. That could be a problem

   February 05, 2025 - MIT Technology Review

2. EU considers exempting most companies from carbon border levy
   February 07, 2025 - Reuters

3. US Energy Secretary derides net-zero policies in new order

   February 06, 2025 - Reuters

4. Airbus postpones development of new hydrogen aircraft

   February 07, 2025 - Reuters

5. IONATE Raises $17 Million to Help Grids Meet Decarbonization and AI Needs

   February 05, 2025 - ESG Today

6. China on track to dominate nuclear energy
   February 05, 2025 - Cipher News

7. Chile offers case study in critical mineral mining
   February 05, 2025 - Cipher News

8. Laurene Powell Jobs joins Amazon in backing nuclear startup X-Energy in $700M round

   February 07, 2025 - TechCrunch

9. Presto is building Stripe for EV charging
   February 06, 2025 - TechCrunch

10. DOE Places Compressed-Air Energy Storage Loan Under Review
    February 04, 2025 - IEEE Spectrum

11. Clean Energy Investment Hits $2.1 Trillion: A Step Closer to Net Zero or a Missed Mark?

    February 04, 2025 – Carbon Credits

12. Google's X spins out Heritable Agriculture, a startup using AI to improve crop yield
    February 02, 2025 - TechCrunch

13. Octopus Energy turns profit for second year running as its tech arm surges

    February 04, 2025 - Sifted

14. Bill Gates bets on stealthy French startup racing to uncover buried hydrogen: ‘It could be gigantic.’

    February 07, 2025 - Sifted

15. Encore Renewable Energy Secures $389 Million from Brookfield to Expand Solar and Storage Portfolio
    February 06, 2025 - Climate Insider

16. Circunomics Secures €8 Million in Series A Funding to Drive Circular Economy for Lithium-Ion Batteries

    February 05, 2025 - Climate Insider

17. IKEA Achieves 100% Renewable Electricity at 93 More Factories, Reaching 491 Suppliers Globally
    February 06, 2025 - ESG News

18. Google Invests More Than $100M in Carbon Removal, Tripling 2023 Commitment
    February 07, 2025 - ESG News

19. SingTel Secures $476 Million Green Loan To Develop Sustainable Data Center in Singapore

    February 07, 2025 - ESG News

20. Future L.A. Fires Could Be Prevented With Grid-Hardening Tech

    February 05, 2025 - IEEE Spectrum

21. What a return to supersonic flight could mean for climate change
    February 06, 2025 - MIT Technology Review

22. Brookfield Invests $389M in Encore Renewable Energy Growth

    February 03, 2025 – List Solar

23. Blastr Green Steel Secures New Investors to Advance Ultra-Low CO₂ Steel Value Chain in Finland

    February 04, 2025 – Climate Insider

24. Climate Change to Wipe Away $1.5 Trillion in U.S. Home Values, Study Says
    February 03, 2025 - The Wall Street Journal