Climate Tech Newsletter: June 29, 2026

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

This week drew a sharp line between two energy futures. On one side, a last-minute rush by solar developers to lock in IRA credits before the July 4 cutoff, after which wind and solar contract prices are expected to jump 40–120%. On the other, Microsoft and Chevron's Project Kilby — a 2.67 GW dedicated natural gas plant in the Permian Basin powering one of America's largest AI data centers under a 20-year deal. Simultaneously, the DOE backed a $17.5 billion loan for 10 large-scale Westinghouse nuclear reactors, and the Supreme Court rebuffed a bid to limit EPA climate authority — painting a week defined by fossil fuel entrenchment, nuclear acceleration, and clean energy's race against its own policy clock.


  1. Europe's Extreme Heat Is Shutting Down Power Plants
    June 24, 2026 – MIT Technology Review

  2. Trump Clean Energy Tax Credit Cutoff Drives Project Rush as Prices Set to Soar
    June 26, 2026 – Reuters

  3. Fusion Spending Increases, But Incentives Needed in Bid to Boost Supply Chain
    June 23, 2026 – NucNet

  4. Majority of Business Leaders Fear a Disorderly Climate Transition: Survey
    June 23, 2026 – ESG Dive

  5. Green Economy Surpasses $10 Trillion in Market Capitalization: LSEG
    June 25, 2026 – ESG Dive

  6. CARB Delays Emissions Reporting Deadline by 3 Months
    June 26, 2026 – ESG Dive

  7. DOE Backs Westinghouse Through $17.5B Loan to Fast-Track 10 Large-Scale U.S. Nuclear Reactors
    June 25, 2026 – EnergyTech

  8. South Australia Hits AU$20,300/MWh Price Cap Twice in One Evening as Battery Storage Fleet Captures AU$324,000
    June 22, 2026 – Energy Storage News

  9. Multi-Day Energy Storage Startup Ore Energy Signs 1GWh Iron-Air Battery Deal With Dutch Utility
    June 22, 2026 – Energy Storage News

  10. CATL: System- and Cell-Level Advances Driving Sodium-Ion Energy Density Improvements
    June 23, 2026 – Energy Storage News

  11. US Data Centers' Electricity Use Could Double by 2030, DOE Lab Says
    June 22, 2026 – E&E News

  12. Supreme Court Rebuffs Bid to Curb EPA Climate Authority
    June 22, 2026 – E&E News

  13. How a 'Super' El Niño Could Disrupt Renewable Energy
    June 25, 2026 – E&E News

  14. Fossil Fuel Firm Total Must Account for Total Emissions, French Court Rules
    June 26, 2026 – Climate Home News

  15. Trump Redirects Puerto Rico Solar Funds to Fossil Fuels
    June 22, 2026 – Canary Media

  16. California Solar Surged Ahead of Gas in the First 5 Months of 2026
    June 22, 2026 – Canary Media

  17. Heat Pumps May Soon Outsell Air Conditioners in the US
    June 26, 2026 – Canary Media

  18. Hyundai's New Steel Mill Sparks Hopes and Fears in Louisiana
    June 25, 2026 – Canary Media

  19. Virginia Slaps Data Centers With Big New Tax — but No Climate Rules
    June 23, 2026 – Canary Media

  20. Base Power Brings Cheap Batteries to Residents in Power-Starved PJM
    June 24, 2026 – Canary Media

  21. Why Trump's DOJ Is Defending Musk's xAI Data Centers in Court
    June 26, 2026 – Bloomberg

  22. India's $55 Billion Green Energy Pipeline Faces Climate Damage
    June 25, 2026 – Bloomberg

  23. Nvidia Says AI's Water Challenge Is Largely Solved
    June 22, 2026 – Axios

  24. Kubota Deepens Bet on UV-C Crop Tech With Fresh Investment in UV Boosting
    June 24, 2026 – Ag Navigator

  25. Meet the 2026 Trellis Climate Tech Startup of the Year
    June 25, 2026 – Trellis

  26. Microsoft and Chevron Plan One of the Largest Gas-Powered Data Center Projects in US
    June 22, 2026 – TechCrunch

  27. Introducing Project Cosmos: Carbon Brief's 'Universe' of Climate Science
    June 22, 2026 – Carbon Brief

  28. Elected Democrats Have Embraced 'Climate Hushing.' Are They Making a Mistake as the Midterms Loom?
    June 24, 2026 – Inside Climate News

  29. $915M in New Funding to Drive Carbon Removal's Next Phase of Growth
    June 17, 2026 – Frontier Climate

  30. NVIDIA Takes AI Deep Underground: Inside Its Geothermal Energy Push With Fervo and PNNL
    June 26, 2026 – Carbon Credits

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Climate Tech Newsletter: June 22, 2026