by WiseOcean | Nov 14, 2023 | Climate Tech
We believe that renewable energy will only displace fossil fuels if it’s price competitive with no subsidies. For example, both onshore wind and solar energy can compete with coal, but not offshore wind. Offshore is notably more expensive than onshore which is...
by WiseOcean | Nov 6, 2023 | Climate Tech
Climate tech companies just had their best quarter for fundraising in almost two years, drawing $16.6 billion. Venture capital investment into climate tech is doubling YoY, but the funding gap is not closing fast enough. The first question about investing in climate...
by WiseOcean | Nov 5, 2023 | Climate Tech
Global investments in energy transition technologies have almost tripled since 2015, and in 2022 exceeded one trillion U.S. dollars for the first time. However, annual global investments across all transition technologies will need to quadruple between 2023 and 2050...
by WiseOcean | Oct 28, 2023 | Climate Tech, Venture Investment
Half of the largest European venture capital deals in Q3 involved climate tech startups as the sector has seen less severe declines than others in VC dealmaking. A total of €9.1 billion (around $9.6 billion) was invested across 748 deals in the first 9 months of this...
by WiseOcean | Oct 16, 2023 | Climate Tech
The London School of Economics reports more than 5,000 national climate laws have been passed worldwide over the past dozen years. Leading the way: The U.S. Inflation Reduction Act (IRA), which directs nearly $400 billion to energy innovation. Carrots, sticks, and...
by WiseOcean | Aug 7, 2023 | Climate Tech
Achieving deep emissions reductions in heavy industry (cement, steel, and chemicals production) can be challenging for several reasons. Carbon capture, utilization, and storage (CCUS) technologies might be among the cheapest abatement options – or the only option. For...
