Description
Climate Change Business Journal® assesses where we are in the energy transition in 2023 with a review of U.S. government energy and emissions data and forecasts, comparing business as usual with long-term net zero strategies. A review of venture activity and 10 company profiles in executive Q&A form reveal key trends.
Executive Review
Energy, GHG Emissions and Industry Scenarios: EIA vs. The White House:
The U.S. Energy Information Administration expects U.S. energy-related carbon dioxide emissions to increase in 2023, but likely for the last time. EIA’s long-term outlook only has CO2 emissions falling only by one-third by 2050, well behind the White House and NDC pathway outlined in The Long-Term Strategy of the United States: Pathways to Net-Zero Greenhouse Gas Emissions by 2050 3
U.S. Long-Term Strategy details net zero scenarios and highlights five key transformations creating the most challenging business opportunities 8
S&P Global Market Intelligence Energy Storage by the Numbers 13
Climate technology venture investment trends from CTVC; From Cleantech to Climate Tech: Reflections on Investment & Corporate Strategy 14
Green New Deal Network Represents a Diverse Group of Aligned Interests to Support Economic Transformation 22
CarbonFree Agrees MOU With U.S. Steel to Capture CO2 Using SkyCycle Technology; Forms Partnership with BP 24
Solarbank CEO Compares Regional Solar Markets, Government Funding and Hydrogen in USA and Canada 27
NANO Nuclear Champions Portable Micro Reactors, Seeks Vertical Integration from Uranium to Reactor in Small-Scale Nuclear 29
Vontier Commits to Leading in Sustainable Transportation Solutions Since Spinning Off from Fortive 32
PACE Equity’s Cirrus Low Carbon Capital Package Offers Favorable Rates for More Efficient Building Design 35
Carbon Maps Aims to Replace Greenwashing With Science as it Supports the Food Industry to Achieve ESG Goals 38
Biohabitats Pioneered a Business and Culture of Ecological Restoration; Now it Pioneers Applying Ecological Principles to Ownership and Corporate Structure 40
Energy Vision Advances Anaerobic Digestion and the Organic Waste to Renewable Natural Gas Circular Economy in NYC and Beyond 47
Allume Energy’s SolShare Software and Service Opens Access and Broadens the Base of Distributed Solar to Renters and Landlords 50
Exhibits in this edition
Several from the U.S. Department of Energy’s Energy Information Administration’s Short Term Energy Outlook and Annual Energy Outlook
Several from The Long-Term Strategy of the United States: Pathways to Net-Zero Greenhouse Gas Emissions by 2050, published by the United States Department of State and the United States Executive Office of the President
S&P Global Market Intelligence Energy Storage: Q1 2023 data
Climate Tech VC 2022 and H1 2023 CTVC data
Companies or Entities mentioned in this edition of CCBJ
Alternative Ownership Advisors 44
Aramco Ventures Sustainabilty Fund 16
Argonne National Laboratory 47
Biohabitats 40
BP 2, 25
Breakthrough Energy Ventures 16
Breega 39
California Independent System Operator 7
Calpine Corporation 8
CarbonFree 24, 25
Carbon Maps 38
Climate Capital 16
Collaborative Fund 16
Conference of the Parties to the Convention on Biological Diversity 43
Energy Impact Partners 16
Energy Vision 47
Environmental Concern 40
Eolian LP 13
Fifth Wall 16
George Mason University 41
Global Framework for Managing Nature 43
Global Infrastructure Management Participation LLC 13
Green New Deal Network 22
Half-Earth 43
International Energy Agency 2
Landscape Architecture Foundation 40
Lowercarbon Capital 16
MCJ Collective 16
Metro Denver Nature Alliance 43
Movement for Black Lives 22
NANO Nuclear Energy Inc. 29, 31
National Renewable Energy Lab 52
Nature Conservancy 43
Organically Grown Company 44
PACE Equity 35, 37
Patagonia 46
Quantumscape 16
REI 46
S2G Ventures 16
Samaipata 39
Society for Ecological Restoration 40
Solarbank Corp. 27
S&P Global Market Intelligence 13
Temasek Holdings 16
The Nature Conservancy 43
The Wildlands Network 43
TotalEnergies SE 13
TPG Rise Climate 16
University of Pennsylvania 40
U.S. Energy Information Administration 2, 3, 5
Vistra Corp. 13
Vontier 32
Vontier Corporation 34
Washington Council of Governments 41
Wildlands Network 40
