Climate Tech Newsletter: February 22, 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:
Clean energy investments, carbon reduction tech, nuclear & renewables expansion, policy uncertainties

1. What's driving electricity demand? It isn't just AI and data centers

   February 20, 2025 - MIT Technology Review

2. Texas power system set for new clean milestone as winds pick up
   February 20, 2025 - Reuters

3. South Korea plans two new large nuclear reactors, more renewables in energy mix

   February 21, 2025 - Reuters

4. Repsol cuts green hydrogen target by as much as 63%

   February 20, 2025 - Reuters

5. Vema Hydrogen Raises $13 Million for Solution to Produce Clean Hydrogen Underground at Under $1/KG

   February 19, 2025 - ESG Today

6. Mast Reforestation Raises $25 Million to Remove Carbon Emissions After Wildfires
   February 18, 2025 - ESG Today

7. ICAO Launches Platform to Connect Aviation Decarbonization Projects with Investors and Financing
   February 17, 2025 - ESG Today

8. In rural India, a clean energy project is displacing families

   February 19, 2025 - Cipher

9. Climatetech 'free store' opens to support hurricane-hit North Carolina
   February 21, 2025 - Canary Media

10. Chart: GOP districts to lose big if Trump halts clean energy factories
    February 21, 2025 - Canary Media

11. Marketers: The key to unlocking circular economy competitive advantage

    February 20, 2025 – Trellis

12. Industrial AI: Augury helps factories run smoothly with $75M investment to fuel innovation
    February 20, 2025 - Tech Funding News

13. The real reason why oil and gas companies are bullish on carbon capture

    February 21, 2025 - TechCrunch

14. Valar Atomics comes out of stealth with $19M and a pilot reactor site

    February 20, 2025 - TechCrunch

15. Solar crushed 2024, but emissions were up as industry used more natural gas
    February 20, 2025 - TechCrunch

16. ElectronX is building a market for electricity trading

    February 19, 2025 - TechCrunch

17. Amazon, Microsoft, and Exxon want to make scandal-plagued carbon markets more trustworthy
    February 18, 2025 - TechCrunch

18. Northvolt sells industrial battery business to Scania

    February 18, 2025 - Sifted

19. Bureau of Land Management Trims Environmental Review Before $20 Million Oil and Gas Lease Sale

    February 20, 2025 - Inside Climate News

20. Climate and Environmental Justice Programs Stalled by Trump Freeze, Despite Court Orders

    February 16, 2025 - Inside Climate News

21. Survey Highlights Climate Fund Managers' Challenges and Target Investment Sectors
    February 21, 2025 - Climate Insider

22. Green Climate Fund Approves $686 Million for 11 Projects in 42 Countries

    February 21, 2025 – Climate Insider

23. PATRIZIA and Mitsui Invest $250 Million into Green Parking Company Parkwise

    February 20, 2025 – Climate Insider

24. Last Energy Enters Nuclear Site Licensing in United Kingdom
    February 19, 2025 - Climate Insider

25. HSBC Scales Back Net Zero Plans by 20 Years: A Climate Setback or Realistic Strategy?
    February 20, 2025 - Carbon Credits

26. Carbon Credits Surge: $16B Fuels 2024’s Race for High-Quality Offsets
    February 18, 2025 - Carbon Credits