Shopify: How a leading commerce company buys carbon removal
THE TL;DR 💨: Shopify purchases carbon removal directly from individual suppliers, as well as through partnerships with companies like Puro.earth for highly local solutions like biochar.; Stacy’s take: we need to do more work on permanence research for solutions like biochar to scale in a meaningful way.
Shopify: Investing in climate to future-proof entrepreneurship
THE TL;DR 💨: Shopify’s climate program is deeply intertwined with their mission to support entrepreneursip — the company recognizes climate change as a critical threat to small businesses.; Their climate program delivers value to their merchants and “gives them superpowers” via easy access to vetted science-backed business solutions.
Big Takeaways from Small-Scale Waste Management in Bocas del Toro, Panamá
Bocas del Toro Province is an archipelago of islands just off the Caribbean coast of Panamá. With a rich, cultural history and home to two national parks, the province offers immense opportunity for eco tourism, scientific research, and endless recreation. In a tropical paradise such as this, growth and development is inevitable – yet Bocas shows resilience and adaptability in managing waste problems through small-scale, community-based waste management.
Possibilities for positive growth and sustainable development exist within these types of remote communities who, until very recently, did not have access to the abundant services found in other parts of the world. In taking a closer look at what has worked for Bocas in the realm of waste management (and all of its connected parts), seeds of possibility begin to sprout for conscious, dynamic startups to build regenerative businesses, rooted in community consideration.
Shining Brightly – The Power Of Off-Grid Companies In Africa
Distributed solar power systems are instrumental in the healthy growth of small, West African communities
DayStar Power provides both solar & hybrid power solutions to reduce local companies’ dependence on fossil fuel generators
Yellow supports the residential sector with “last mile distribution” of off-grid solar and an innovative business model that empowers all of its users in local communities
Solar Is Changing The US Electric Grid – Not In The Way You Think
We need to prioritize building a “personalization layer” between utilities and energy consumers to enable grid infrastructure renovation plans to truly reduce 40% of the US total carbon emissions
How To Talk To The SEC About The Proposed Climate Disclosure Rules
The Securities and Exchange Commission recently announced rules that – if enacted – would require disclosure of: Climate-related risks to the business; Direct and indirect emissions from fossil fuel use
Write to the SEC yourself by emailing comments to: [email protected]
New SEC Rules On Fossil Fuels: What They Say; Why It Matters
The SEC on 21st March proposed a set of rules that will move US companies toward a financial reckoning with their use of fossil fuels and with the growing climate crisis.
Nuclear Energy’s Role In Biden’s Carbon-Neutral Economy
This article is intended to explore emerging trends in nuclear energy and explain their importance in decarbonizing power and heat generation.
How Cleantech is the New Conservation
The new conservation ties old-school conservation ideology with modern-day cleantech company growth strategies. Marrying to two enables the new and novel definition of The New Conservaton
Electric Vehicles – If It Doesn’t Make Dollars, it Doesn’t Make Sense
Electric Vehicles – If It Doesn’t Make Dollars, it Doesn’t Make Sense.
Hydrogens Tangled Tie to Climate
What makes hydrogen unique is the science isn’t new and, depending on the application, is proven to work. More than 90m tonnes are produced each year, resulting in revenues of over $150bn.
The majority of that production comes from producing ammonia, a foundational ingredient in artificial fertilizer.
Climate Tech VCs may be missing out on compelling and under-invested Food & Ag opportunities
There is a tremendous opportunity to further invest in Food & Ag, solve one of the world’s biggest problems and have a net positive impact on our planet.
BlueTech Blooms in Miami – Seaworthy Collective Launches Inaugural Cohort
That is until now, as Seaworthy Collective, an ocean technology venture studio and startup community, opens with its first cohort to build entrepreneurs in BlueTech and an ecosystem of experts and innovators to make real change to Earth’s largest aquatic environment.
Technologies of the Future in Elizabeth Kolbert’s Under a White Sky
Kolbert describes her project as “a book about people trying to solve problems created by people trying to solve problems.”
Bhutan Is Carbon Negative – What The US Can Learn From Them
For many countries like the US, or places like the EU, policy becomes the primary driver in enabling a transition away from fossil fuels. This is where a country like Bhutan can provide valuable insights though it is vastly different in its economic and political structure.
Bhutan is carbon negative and produces 99% of it’s energy needs from hydro
Pricing In The Green EU Deal – Facing Opposition
The new Green EU Deal, announced in July, has as one of its aims, setting a high new price for carbon emissions. If it succeeds in raising the price, not even as far as it aims, it’ll make it a lot easier for clean technologies to prosper.
Precision Agriculture & Carbon Management To Aid Rising Water Costs
Climate tech startups have always had to navigate multiple ‘valleys of death’ to create successful business models. With all the attention and momentum there currently is around the world to manage carbon as well as water, these startups, and those similar to them should find it a lot easier to get the funding, talent, customers, and partners they need. Necessity, perhaps.
The Future Of Mobility Post Revel’s Approval In NYC
Revel is a transportation company that’s electrifying cities through charging infrastructure and shared electric vehicle fleets. Starting on August 2nd, Revel will be launching an app-based car service for 50 Tesla Model Y SUVs in New York.
The Green EU Deal: It’s A Big Deal
the announcement of a European Green Deal. The coverage mentioned pronouncements of accelerated targets for reduced carbon output, and so on. The news cycle moved on.
How To Accomplish Net Zero By 2050
The International Energy Agency (IEA) recently published Net Zero by 2050: A Roadmap for the Global Energy Sector. The IEA makes the case that in order to reach net zero by 2050, we need to accelerate the development and deployment of clean technologies by 2030 – essentially, we should be focusing our efforts today on technologies already in the market, as well as technologies that are market-ready.
Extantia Capital Hires Sustainability Professor – Francesco Pomponi
Professor Pomponi was well within his means to maintain his professional inertia and become a prominent academic in life cycle analysis and the built environment, but he has recently joined Extantia Capital as Head of Carbon Maths to go directly to the carbon war.
How Amazon Is Supporting Sustainability Startups
Consumerism is rampant and is contributing to climate issues. Amazon is one of the biggest e-commerce businesses in the US—in 2020, Amazon captured 49.1% of the market.
Small Cuts In Subsidies For Fossil Fuels
Recent news shows some governments cutting back on subsidies for oil and gas companies. But these are small moves, given the vast scale of the subsidies showered on fossil fuel companies, and they’re not yet cemented in place.
Drones And Climate Change
As corporations tackle climate change, many industries and verticals can leverage new technologies in their day-to-day operations to reduce their emissions and costs while increasing safety. Drones, a subcategory of autonomous vehicles, can play both a direct and tangential benefit in the environmental space through a variety of alternatives to “business as usual” with some being implemented at scale while others still being tested. Drones are particularly interesting because they touch both the consumer and enterprise verticals, meaning they can have broad reach and appeal.
A (key) week in the death of oil
Change happens gradually, and then suddenly. This week, the endgame for oil companies became a lot closer and a lot more evident, suddenly, discontinuously, a jump.
How Startups & Climate Tech Companies Fit in with Doughnut Economics
The Doughnut Economics model–a framework represented by an area between two rings (hence the name “doughnut”) in which an economy is considered prosperous if all 12 of its designated social foundations are met without overshooting its nine major ecological capital ceilings.
Board Games as a Solution to Climate Change
From talking to hundreds of founders over the last couple years, I’ve learned that one of the biggest challenges to technology adoption is educating consumers. Education is key for changing consumer behavior.
Oil execs are talking about life after oil. Should we believe them?
The fossil fuel executives’ answers mostly spoke to keeping their businesses vibrant in the context of an energy transition away from oil and gas. They described capital spending peaks on oil and gas production. They didn’t push back on the need to transition beyond fossil fuels.
Will Electrolysis See The Cost Decline Solar Did?
Many have asked whether electrolysis technologies would see cost reduction curves similar to solar panels (solar) or wind turbines (wind).
Why Now Is the Time to Invest in Climate Technology
During Climate Change, it may be more about where you live and your geographic susceptibility to strengthening natural disasters or rising sea levels.
Valuing the Avoidance of Climate Tipping Points
How to value a climate-normalizing technology, or enterprise?
Synthetic Biology and a Window into the Future of Food
The pre-pandemic world of May 2019 might seem like an eon ago but it is less than two years since Beyond Meat went public and kicked off an explosion in the alternative protein market. We’ve since seen a proliferation of start-ups tackling plant-based meat and dairy, as well as a burgeoning cultured meat space.
How To Reduce Cost Of EV Charging Infrastructure
Many organizations are rushing to figure out how to install direct current fast chargers (DCFC) to meet the rising demand for EV charging.
Why Is Plastic So Hard To Recycle? (And How We Can Combat Plastic Waste)
Plastic isn’t the only thing we recycle. Glass, paper and aluminum can all be recycled. So why do we only hear about issues with plastic? There are several reasons plastic is the problem child of recycling.
Working on saving the planet: Even robots will get a green collar job
Today, the push to replace a white with a green collar is real and that is great. Yet, the titles on green job boards sound quite familiar: data scientist, designer, product owner, project or sales manager.
E-mobility has won the race: VW
Volkswagen held its first ‘Power Day’ event on March 15th 2021. The CEO announced, “e-mobility has won the race” and laid out the company’s vision for battery technology, charging infrastructure, and expanding its own battery manufacturing capacity.
Biden’s Climate Tax Plan | How Attacking Profit Shifting Unlocks Billions In Clean Infrastructure Financing
The Made In America Tax Plan Banks On Cutting Fossil Fuel Subsidies And Re-Working Existing Investment Tax Credits (ITCs)
Wave Power Is Approaching Affordability With New Grants Flooding In
Globally, wave energy has a theoretical capacity to create 2 TW of power. By capturing even a fraction of this, wave energy collection systems can become a legitimate, reliable source of power for microgrids, coastal nations, and island nations.
Project Finance vs. VC, the Middle Ground – Corporate VC, Q&A with HG Ventures
HG Ventures launched back in 2018 as the corporate venture arm of the Heritage Group, a multibillion-dollar private Midwest conglomerate in the traditional industrial sectors of construction, environmental services and specialty chemicals.
Carbon Capture Tech Is Getting The Funding It Needs
On March 5, 2021, The Department of Energy (DoE) announced a $24 million investment in carbon capture technologies.
Does Solar Panel Recycling Make Economic Sense Yet?
The huge elephant in the room with solar panels is what happens when a solar panel reaches the end of life?
Is Venture Capital Or Project Finance The Key To Solving Climate Change?
There is a gap between lab-scale prototypes and fully commercialized plants/processes with predictable performance and economics.
Electric Airplanes Are Coming In Hot
Ampaire, an Elemental Excelerator portfolio company with $7M+ from NASA and backed by Techstars, is has been innovating in the space.
Analysis of the Plastics and the Circular Economy Sector
Manufacturers have produced 8.3 billion metric tons of plastics over the last 60 years. In the last four decades, global plastic production has quadrupled. If this trend continues, plastic manufacturing will make up 15% of greenhouse gas emissions by 2050.
Why GreenTech Media Shut Down
The cleantech community was shaken today when Eric Wesoff announced on his new blog that GreenTech Media was shutting down.
Turn CO2 Into Gravel – Save The Planet
Carbon capture technologies is an emerging market in the cleantech space that needs to be watched as it is likely to be instrumental in enabling a future that actually results in a world where our climate crisis has been avoided.
The Arrival Of Climate Focused Banks
Ando (backed by Jigar Shah) and Atmos (Led by Ravi Mikkelsen & Pete Hellwig) offer savings accounts that are designed to help you grow your money and help the environment at the same time.
Funding Taking Flight
ZeroAvia, raised a $37.7M Series A, backed by some big investors, including Breakthrough Energy Ventures, Amazon Climate Pledge Fund, Shell Ventures, and Ecosystem Integrity Fund.
2 Year Solar ITC Extension Likely to Happen
On Monday evening this week Congress passed a bill that extends the solar ITC at 26% out for another 2 years.
Is QuantumScape’s Breakthrough The Real Deal?
QuantumScape recently announced their breakthrough in developing a solid state battery cell. This new cell can charge to 80% within 15 minutes – while also packing an energy density significantly higher than the best lithium ion batteries on the market. Why does this matter? This would be significant for EVs entering into the market should these […]
$100M To Expand Virtual Power Plant Saturation In California
This $100M round led by Sidewalk Labs – the same firm that tried building a “smart city” in Toronto – is going to help OhmConnect subsidize and front the cost of deploying smart thermostats.
The Marriage Between Smart Homes & Solar Begins
Microgrids are an emerging grid architecture as we are learning day by day. More utilities are beginning to see the advantages of having such an architecture available for them to load balance and deliver a higher level of resilience to their customers than ever before. Southern Company’s subsidiary Mississippi Power is currently piloting “smart neighborhoods” where Tesla […]
~$1B To Build A Nation-Wide, Green Hydrogen Network
Plug Power (NASDAQ: PLUG) is already a leader in the hydrogen space and expected to be one of the behemoths going forward focused on building out a truly green hydrogen network.
Powerhouses Join Forces To Push For A Ban On Gas Powered Vehicles By 2030
Earlier this year California passed a mandate to phase out the sale of gas powered vehicles by 2035. With President-Elect Joe Biden winning the election it’s no surprise of the timing that these 28 companies joined forces to help drive legislation to ban the sale of gas powered vehicles by 2030.
Is There Opportunity in Redeveloping Solar Farms?
The rise of solar farms grid wide happened in the early 2000s and really kicked into high gear in the early 2010s.
Sustainable Food Trend Recap
The need for sustainable food is growing. Not only is sustainable food generally better for overall health, but it also has a better impact on the environment in terms of resource usage.
PanelClaw acquired by Esdec
PanelClaw one of the remaining few independent solar racking companies in the industry globally has reportedly been acquired by Esdec.
Make Way For The Short Sellers
For years people were short on Apple, Amazon, Tesla (still are) and many other companies that still stand tall and strong today.
Net Metering Has Been Chaos
Net Metering has been one of the big value contributors in the residential solar market. Allowing homeowners to receive equal bill credits for every kWh of energy they send back into the grid via a Net Metering program makes the incentive to go solar easy to understand.
The Year Of Taking Net Zero Pledges
Net Zero commitments are the new fad this year for companies. According to the Science Based Targets initiative (SBTi), more than 1,500 companies have committed to net-zero emissions.
NextEra Briefly Tops ExxonMobil as Most Valuable US Energy Co.
Nextera is now larger than ExxonMobil based on market capitalization.
Is Nikola Motors A Fraudulent Company
The evidence in the Hidenburg report show how the company has been faking videos of it’s trucks functioning, lying to people about the tech they have, and manipulating the “booked revenue” Nikola has closed on.
What Does The Organic Waste Market Look Like?
We can look to where Europe is today to see where the US will be in a couple years with regards to food waste. There will be a big evolution in consumer sentiment toward sustainability and food waste.
Bill Gates Bets On This New Battery Chemistry
Quantumscape is currently going public via a newly popularized SPAC route – something Nikola (NKLA) and other clean tech companies have been utilizing.
Explosive Growth In Residential Solar Held Back By Utilities
In Vectren’s territory, based on reports from Lawrence Berkley, solar is actually worth $0.13/kWh.
The California Rolling Blackouts
The rolling blackouts were claimed to have been both for power safety, but also because of capacity based issues. This claim that capacity was the issue was being challenged by “experts” that monitor and watch the grid – claiming that capacity wasn’t the issue but a grid management issue that caused the need for the outages.
California Prepares For Rolling Blackouts…Again
This past week death valley recorded 130 F temp numbers and due to this excessive heat crazy thunderstorms and weather patterns seem to be on the horizon, especially for Northern California. The California ISO even declared a stage 3 emergency to protect the grid from causing wildfires or entirely collapsing due to excessive heat.
Big Tech Is All In On A Green Revolution
Amazon partners with Vector to make all of Australia a smart grid; Tesla may become a utility in Germany; Microsoft is committed to the hydrogen economy
Hanwa Q Cells Primed To Dominate C&I Solar + Storage Market
Hanwa Q Cells buy one of the last standing battery optimization software companies – Geli OS.
Wait. You Throw Your Leftovers In The Trash?
Vermont is the first state to enact an organic waste ban. The goal is to prevent food waste being sent to landfills. In 2012, the state of Vermont passed the Universal Recycling Law
An RFP for 4,000 MW of Renewable Energy…
NY State Governor Andrew Cuomo sent out one of the largest solicitations for renewable energy within the state of NY. In turn setting the bar for what kind of actions need to be taken to address climate change across the US and abroad.
Ford Flexes With 1,400 HP Mustang Mach E
Ford really did the trick this week with exciting car enthusiasts across the US in the new all electric Ford Mustang Mach E.
How Low Can Solar & Storage Go? A Price Analysis Of Getting To A Carbon Free Grid
UC Berkeley and Gridlab have published a new report that challenges previous plans to decarbonize the grid. With the latest renewable energy and battery prices, the US can reach 90% clean electricity by 2035, compared to 2050, by installing 70 GW of new renewable energy infrastructure each year.
🔋 Energy Storage With Public Sector Support Steams Ahead Rapidly
The nationally covered blackouts in The Bay Area last year was a pivotal point for accelerating policy & enabling battery storage to surge in popularity.
An Oat of This World Raise 🥛
Oatly just raised $200 million at a $2 billion valuation, effective selling a 10% stake in the company. The Blackstone Group led the round of fundraising, along with other backers – Howard Schultz, Oprah Winfrey, Roc Nation, Natalie Portman, Orkila Capital, and Rabo Corporate Investments.
Hydrogen 💦 Is No Longer A Future Fuel Source With Major Projects Starting Now
This past week has shed light on how across the US hydrogen is making its mark today and where all its breaking ground.
Let’s Build Plants That Pull CO2 Out Of The Air To Solve 🌎 Global Warming
Direct air capture technology is commercially ready for deployment. Companies have proposed at least 30 carbon capture projects to date.
How Do ♻️ Net Zero Communities Play Into Carbon Reduction Strategies
Net Zero Communities are developments or pilots that have been actively piloted in various parts of the world, but still today the value prop of buying a net zero home hasn’t been fully developed.
🌳 Trees Are A Great Starting Point, But Not Enough
The American Association for the Advancement of Science suggests that planting 1 trillion trees could have a massive effect on climate change.
Natron Energy Raises $35M For 🧂 Sodium-Ion Batteries
With capital from ABB to Khosla Ventures – Natron is hoping their Persian Blue & Sodium Ion based battery can out perform Lithium in reactivity, used minerals and environmental risk.
Deconstructing Sunrun’s Acquisition of Vivint Solar
Sunrun to acquire Vivint Solar for $3.2 Billion which would push Sunrun to 500,000 customers and more than 3 GW of assets on their books. The combined value of Sunrun + Vivint pushes it to an estimated $9.2 Billion based on the closing price July 6, 2020.
How Energy Storage Makes Energy Cheaper
Energy Storage is one of the biggest technological advancements we are watching today.
Does Thermal Energy Storage Make Any Sense?
NREL and other labs are also pushing forward on evaluating thermal energy. Companies like Brayton Energy & Echogen have also been participating in various grants to develop a thermal energy storage system with a target price of $0.05/kWh
How Batteries Reduce The Cost Of Microgrids
oday the predominate way of approaching grid modernization is adding IoT like capabilities to as much of the grid as possible, adding new solar and wind farms where possible to fill energy demand and shifting to natural gas as opposed to coal.
Without Cheap Batteries A Full Transition To Clean Energy Will Be Tough
When you think about cheaper batteries and where our modern day Energy Storage Solutions will come from, most might think of a PhD student with his graduate students inventing a new material that enables high energy density battery cells at record low prices.
What It Is Going To Take To Fully Transition To Clean Energy
In 2020, the US Energy Information Administration (EIA) is forecasting that renewables will surpass coal in energy generation.
What Its Going To Take To Drive Major EV Adoption
EV adoption is on a rise, but no where near to effect true impact on the path of grid modernization and combating climate change.
Grid Flexibility & The Rise of Residential Nanogrids
Nanogrids are the new rage with a number of companies emerging with solutions to provide utilities the ability to control and operate home energy loads
Lordstown Motors Doesn’t Excite…That could be a good thing
Lordstown motors revealed their Electric Pickup truck paired with a politcal rally. It’s interesting because its trying not to be more than a pickup truck.
How Realistic Is Tesla’s “Lowest Price” Solar
Solar installers across the US are suprised about Tesla’s claim of “lowest price solar” yeilding concerns about over promising and under delivering.
Enel Backs Hydrogen As A Future Fuel
Enel will begin with 2 – 3 projects first before they decide if now is the right time to invest into more projects. It all comes down to economics.
What Lyft’s Move To 100% Electric Means For The Future Of Ride Share
Lyft or Uber will likely never replace publicly funded transport. But if they enter from a sustainability angle where the state doesn’t have to invest their tax payers money into a large fleet of EVs it could open up the states that didn’t sign up for the ride share hype early on.
Gemini Solar Project Creates Stronger Argument For Energy Storage
Earlier in May, the Trump administration approved Nevada’s Gemini Solar Project. This will be the largest solar project in the United States and will be the eighth-largest solar project in the world when completed. The project will produce 690 MW of electricity, be capable of 380 MWh of battery storage, and annually offset 385,000 metric tons of carbon dioxide (about the same as the emissions from 83,000 cars).
Tesla Begins To Refund Deposits On Solar Roof V3 Pre-Orders
Tesla has begun to cancel and refund deposits made on the Tesla Solar Roofs to people who had put money down years ago.
California Microgrids Push Forward
California is doing everything they can to provide increased resilience to wildfire impact communities.
Explaining The NKLA Stock Surge. Do HEV cars stand a chance against BEV?
NKLA this past week reached $79.73/share and fetched a valuation of over $22B – putting it in the value range of Ford.
California Needs Natural Gas To Keep The Lights On
Solar and battery storage groups and environmental activists aren’t letting PG&E deploy natural gas based generators to ensure resiliency – citing that it doesn’t help get California closer to their aggressive renewable energy goals.
Electrification Is Necessary to Control Emissions Post Covid-19
As cities, states, and countries slowly start to open back up, many governments are reassessing transportation. As travel habits have been disrupted, there is the opportunity to influence and shape the future of commuting and transportation.
How Automation Is Changing O&M For Renewables Coming Out Of Covid-19
With supply chains being disrupted and reduced on site staff – O&M teams that are typically out sourced by large asset owners have seen a big hit in their ability to continue to handle maintenance on these systems.
Net Metering Might Get A Face Lift
Net metering might get overhauled to a point where it will most definitely be more valuable to include battery storage or utilize load shaping technologies to get the best value from your solar system.