International climate envoy, John Kerry, and Treasury Secretary, Janet Yellen, met for the first time last week to discuss how they will deliver on the White House’s climate commitments. Along with Secretary of State, Antony Blinken, the three leaders are working to forge a “climate finance plan” aimed at shifting the flow of U.S. cash to investments that support a low-carbon economy.
Fuel cell-truck startup Hyzon Motors Inc. agreed to a merger with blank-check company Decarbonization Plus Acquisition Corp. in a deal that values the two combined at more than $2 billion. The transaction will generate about $626 million of gross proceeds, including $400 million from participants…
Michigan Rep. Debbie Dingell and a group of other Democrats reintroduce the “Clean Energy and Sustainability Accelerator Act” that would authorize $100 billion for a green bank to fund clean energy, zero-emissions transportation and other projects to reduce greenhouse gas emissions as a key piece of the party’s infrastructure plan.
LONDON (Reuters) – Royal Dutch Shell is betting on its expertise in power trading and rapid growth in hydrogen and biofuels markets as it shifts away from oil, rather than joining rivals in a scramble for renewable power assets, company sources said. Shell and its…
Breakthrough Energy Ventures (BEV), the clean-tech venture capital fund led by Bill Gates, has raised $1 billion for a second round of investments after backing 45 startups with its first billion. Created in 2016, BEV began funding startups just as the second wave of clean-tech investments was gaining…
Hydrogen-powered aviation startup ZeroAvia Inc. has raised $37.7 million from the U.K. government and a group of investors that includes funds founded by Bill Gates and Amazon.com Inc. ZeroAvia said it aims to use the money to advance development of technology that could cut carbon emissions from the aviation sector…
