Trump’s tariffs are not the only headwind facing CBAM as Europe seeks to balance climate ambition with new realities. The European Union’s plan to impose a carbon tax at its borders from next January was always going to test its policymaking powers and relationships with global trading partners. But doing so against the backdrop of a trade war fomented by…
Deep Sky, Low Carbon to Power Carbon Removal Project with 100% Renewable Energy
Renewable energy investor, developer and operator Low Carbon announced today a new Power Purchase Agreement (PPA) with carbon removal project developer Deep Sky, enabling the company to power its first facility, Deep Sky Alpha, with 100% solar power. UK-based Low Carbon invests in, develops, and operates solar, wind, energy storage, and energy from waste projects across the UK, Europe, and…
Tangible Raises $3 Million to Measure, Reduce Carbon Emissions in Building Materials and Construction
Construction decarbonization software startup Tangible announced that it has raised $3 million in a funding round, with proceeds from the funding round aimed at reducing embodied carbon in the construction and real estate industries. Embodied carbon, or the emissions associated with building materials and construction, is responsible for 11% of global greenhouse gas emissions, a figure that is set to…
Trucks VC Raises $70 Million to Invest in Startups Making Transportation “Safer, Cleaner and More Accessible”
California-based VC investor Trucks Venture Capital (Trucks VC) announced the launch of Trucks Venture Fund 3 (TVF3), its third flagship fund focused on startups aligned with its mission to make transportation decarbonized, safer, and more accessible. The firm said that it has closed on $70 million in commitments for the new fund, making it Trucks VC’s largest to date. LP…