Climate Tech Newsletter: June 02, 2025

Climate Tech Newsletter: June 02, 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

U.S. nuclear expansion marks a pivotal energy shift; Europe’s relaxed carbon policies reshape global trade, while hydrogen, carbon capture, and battery innovations accelerate competition across the climate tech landscape.

1. AI energy growth surges, boosting nuclear and natural gas
   May 29, 2025 – MIT Technology Review

2. Nippon Steel will spend over $6 billion on decarbonization efforts, NHK reports
   May 30, 2025 – Reuters

3. Singapore’s RGE, France’s TotalEnergies build solar-battery project in Indonesia
   May 28, 2025 – Reuters

4. Eni in exclusive talks with GIP for sale of 49.9% in carbon capture unit
   May 27, 2025 – Reuters

5. Trump tariffs would effectively tax EV batteries
   May 26, 2025 – The New York Times

6. Labor Dept. drops Biden-era ESG fiduciary 401(k) rule, will remake regulation
   May 29, 2025 – ESG Dive

7. BlackRock’s GIP to buy controlling stake in Eni carbon capture business
   May 27, 2025 – ESG Dive

8. Trump axes Biden-era climate guidance in NEPA reviews
   May 28, 2025 – E&E News by POLITICO

9. EU roughly on track to hit 2030 emissions goal, Brussels says
   May 29, 2025 – E&E News by POLITICO

10. Clean energy industry enters nightmare scenario
    May 27, 2025 – E&E News by POLITICO

11. New horizons for nuclear power on the banks of Lake Michigan
    May 28, 2025 – Cipher News

12. Li-Cycle’s quest to recycle lithium-ion batteries ends in bankruptcy
    May 28, 2025 – Canary Media

13. Can locally made green ammonia replace fertilizer from fossil fuels?
    May 28, 2025 – Canary Media

14. A new low-carbon way to make chemicals without the big, dirty factories
    May 29, 2025 – Canary Media

15. Extreme heat warning hits California as temperatures soar above 100°F
    May 29, 2025 – Bloomberg

16. Carbon capture and sequestration is in the midst of a growth spurt
    May 27, 2025 – Trellis

17. Here are the nuclear fission startups backed by Big Tech
    May 26, 2025 – TechCrunch

18. VolturnUS: The world’s first commercial-scale floating offshore wind turbine
    May 29, 2025 – IEEE Spectrum

19. US nuclear fusion plant design advances
    May 28, 2025 – Interesting Engineering

20. Trump’s clean energy project cancellations top $14 billion
    May 29, 2025 – Inside Climate News

21. Scientists study toxic emissions from Los Angeles fire
    May 25, 2025 – Inside Climate News

22. Hitachi Energy powers one of China’s largest green hydrogen projects with transformer technology
    May 29, 2025 – ESG News

23. Trump signs executive orders to quadruple US nuclear power production
    May 26, 2025 – Climate Insider

24. Hyundai launches fund to finance AI-hydrogen energy startups
    May 26, 2025 – Climate Insider

25. Microsoft buys 60,000 soil carbon credits from Indigo’s largest carbon crop
    May 28, 2025 – Carbon Credits

26. EU targets 54% emissions reduction by 2030
    May 29, 2025 – Carbon Credits