Washington’s biofuel pivot puts corn ethanol back on top, as domestic-first rules, big nuclear deals, and shifting climate priorities redraw the energy investment landscape.

Fervo’s latest geothermal breakthrough signals a step change for clean, firm power, as big financings, policy reversals, and sector stress reshape the energy transition.

Climate tech investors enter 2025 more cautious than complacent, navigating FOAK fatigue, policy uncertainty, and a widening scale gap as capital grows more selective and strategic.

Two climate-tech fund managers explain how “flight to quality” is changing fundraising, why right-sized, software-leaning strategies are winning LP attention, and how AI is rewriting both startup burn and the market’s energy-demand outlook.

Two climate-tech fund managers share what it takes to raise capital in a downturn, where software-first opportunities are emerging, and how AI is reshaping both fundraising math and the energy landscape.

The DOE’s abrupt rollback of $3.7bn for first-of-a-kind clean industrial projects rattles US decarbonization plans, even as big SAF and nuclear rounds land amid policy whiplash and hotter climate forecasts.

Europe’s nuclear skeptics are flipping fast, with Germany, Belgium, and Denmark making major pro-atom moves as the EU seeks cheaper, cleaner power for industry amid a flurry of climate deals and policy shifts.

Fusion energy startups raised $9b+ globally, but commercial viability is still uncertain. Here’s a 2025 deep dive into fusion’s technology bets, investment landscape, and what comes next.

A new House budget plan puts the IRA’s future into focus, revealing which clean-energy incentives could shrink or survive and what that means for climate investment over the next few years.

Europe’s record blackout spotlights grid fragility, as we unpack fixes, new climate-tech deals, tariff impacts, and election stakes in Canada and Australia.

US tariffs are slowing container traffic while new carbon rules push operators to innovate. From efficiency upgrades and cleaner fuels to digital tools, here’s how maritime trade is adapting.

Inside the IMO’s new net-zero shipping framework, the EU ETS review, and CBAM updates — what cap tightening, carbon offsets, and border adjustments mean for industries and climate tech.

San Francisco Climate Week showcased a more sober, tighter-knit climate tech scene, as AI-driven power demand, grid resilience, and policy uncertainty reshaped conversations from flash to fundamentals.

San Francisco Climate Week kept its sunny techno-optimism, but hallway talk turned practical, tracing how AI-driven power demand, grid bottlenecks, and policy risk are reshaping where climate projects get financed and built.

The IMO just approved its first binding net-zero framework for shipping, but big gaps in timelines, targets, and financing raise questions about whether global maritime emissions will fall fast enough.

Coal is back in Washington’s policy playbook, but market forces are moving on, as the newsletter explores why cheaper clean technologies are winning and tracks fresh deals, trade tensions, and nuclear milestones.

Trump’s sweeping new tariffs are reshaping climate tech supply chains, raising costs and uncertainty across sectors, as the newsletter tracks dealflow, major projects, and early warning signs like Li-Cycle’s crisis.

A Q1 2025 snapshot shows fewer but larger climate tech deals, energy dominating top rounds, consolidation shaping exits, and infrastructure funds doubling down amid regulatory and market uncertainty.

Direct Air Capture (DAC) is set for a pivotal year in 2025, led by Oxy’s Stratos project scaling capacity to 0.5MtCO2/yr. The sector faces a critical test: can DAC deliver scalable, economically viable CO2 solutions under rising oil prices and 45Q tax credits?

CoreWeave’s shaky IPO is testing assumptions about runaway AI-driven power demand, and what that means for hyperscalers, grid planning, and clean firm bets like SMRs and geothermal.

CERAWeek 2025 revealed a new energy reality: surging AI-driven electricity demand is forcing leaders to prioritize fast, reliable power buildouts while juggling nuclear momentum, grid constraints, and policy uncertainty.

CERAWeek 2025 in Houston revealed an energy sector racing to build power fast for AI, leaning on gas, nuclear, and flexibility while supply chains, costs, and policy turmoil reshape the transition.

This edition explores how years-long gas turbine backlogs could derail new gas plants just as U.S. power demand spikes, while investors track fresh nuclear, solar, and DAC deals amid a turbulent policy backdrop.

As federal support for first-of-a-kind climate projects grows shakier in 2025, a new ecosystem of insurers, builders, and FOAK advisors is stepping in to help startups finance and execute the leap to commercial scale.

Europe is betting €100bn that looser rules and bigger incentives can revive its industry and still hit net zero, as fresh US agency turmoil, SAF whiplash, and BP’s pivot reshape the climate landscape.

An executive order targeting FERC’s independence could reshape how U.S. energy markets are regulated, while this week’s deals, policy shifts in Germany and Japan, and a delayed SAF loan signal a volatile climate-tech moment.

The SEC’s climate disclosure rule is effectively being shelved, underscoring the shaky future of federal climate transparency even as global, state, and investor reporting pressures keep companies on the hook.

This playbook maps how climate founders can stay liquid when federal policy and VC markets turn unpredictable, breaking down working capital tools and real case studies that show how to finance growth with less dilution.