Climate Tech Newsletter: May 04, 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

Indonesia’s 10GW nuclear push and the world’s most powerful fusion magnet mark a global nuclear revival, while FASB’s draft rules and IRA project cancellations signal mounting risks for carbon credit markets and U.S. climate investment.

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1. A long-abandoned US nuclear technology is making a comeback in China

   May 01, 2025 - MIT Technology Review

2. Indonesia plans 10 GW nuclear power in major renewable energy push, presidential aide says
   May 01, 2025 - Reuters

3. Global nuclear fusion project crosses milestone with world's most powerful magnet

   May 01, 2025 - Reuters

4. Protecting Indigenous land is key to climate fight: Leaders call for historic COP30 deal

   April 30, 2025 - NICFI

5. Clean energy manufacturers cancel projects as Trump-era policies take hold

   April 28, 2025 - ESG Dive

6. FASB’s draft rules could harm environmental credit markets, EDF says
   April 30, 2025 - ESG Dive

7. Blink and you'll miss the carbon removals opportunity

   April 30, 2025 - Environmental Finance

8. California faces pressure to charge more for carbon emissions
   April 30, 2025 - E&E News by POLITICO

9. $1T in corporate value at risk from climate hazards — analysis
   May 01, 2025 - E&E News by POLITICO

10. Can Mark Carney fight climate change while supporting oil and gas?

    April 30, 2025 - Corporate Knights

11. How China dominates critical minerals in three charts

    April 30, 2025 - Cipher News

12. Community solar is winning over Republican lawmakers around the US

    April 29, 2025 - Canary Media

13. Chart: Clean energy dominated global power construction in 2024

    May 02, 2025 - Canary Media

14. North Carolina factories and mills cool on clean energy transition

    April 30, 2025 - Canary Media

15. Why the future of clean energy investment is at the state level (at least for now)
    May 01, 2025 - TRELLIS

16. New code lets carbon credits be used to address Scope 3 emissions

    April 30, 2025 - TRELLIS

17. AI's Hidden Threat to Public Health

    May 01, 2025 - IEEE Spectrum

18. China Takes a Bold Leap in Fusion Energy
    April 29, 2025 - IEEE Spectrum

19. Enpal, 1Komma5, Zolar: Germany’s solar giants adapt to harsh market realities

    May 01, 2025 - Sifted

20. Will Tariffs on Solar Cell Imports Invigorate the U.S. Manufacturing Market?
    May 01, 2025 - Inside Climate News

21. Texas Moves on Nuclear Funding

    April 28, 2025 – Ignition News

22. Carbon Alpha, Mangrove Partner to Digitally Track Canada’s First Large-Scale Carbon Removal Project

    April 30, 2025 - ESG News

23. AXA Acquires 50% Stake from CIP in Europe’s Largest Battery Storage Project in Scotland
    April 28, 2025 - ESG News

24. 88% of Global Investors Show Interest in Sustainable Investing: Morgan Stanley Survey

    May 01, 2025 – ESG News

25. Scientists Crack Decades-Old Puzzle in CO2-to-Fuel Conversion

    May 01, 2025 – Climate Insider

26. Exxon plans to spend US$30B by 2030 on low emissions investments

    April 30, 2025 – Climate Insider

27. Sea Transport

    April 30, 2025 – Climate MIT

28. Netherlands Invests $726 Million in Aramis CCS as Shell and Total Shift Strategies

    April 28, 2025 – Carbon Credits

29. Global Clean Energy Growth Surpasses Demand: Is Net-Zero 2050 Closer Than Ever?

    April 28, 2025 – Carbon Credits