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NJEDA Establishes New Jersey Green Bank to Advance Climate Goals

American Entrepreneurship

The NJGB will make investments through debt, credit enhancements, and other financial vehicles to attract private capital to enable the state to reach its climate goals. The NJGB will inject capital into New Jersey’s clean energy economy and support green businesses and good-paying jobs in the field.

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To fix the climate, these 10 investors are betting the house on the ocean

TechCrunch

Just offshore wind alone has the potential to meet global electricity demand by 2040, according to the IEA, which is well in excess of all offshore oil and gas production today. Fernandez, founder and CEO, Sustainable Ocean Alliance (Seabird Ventures) Climate change is the elephant in the room. We spoke with: Daniela V.

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Batteries have become VC and PE’s most electric investment opportunity

TechCrunch

Venture capital firms aren’t unusual in the battery world. Batteries are normally considered a high-risk, high-reward investment; the sort of thing that venture capital is made for. There are myriad reasons why both venture capital and growth equity are diving into batteries. in 2035 and France in 2040. So what changed?

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Extra Crunch roundup: Here’s everything you missed at TechCrunch Disrupt 2021

TechCrunch

We just wrapped up a three-day virtual event that included discussions and interviews with some of the most notable people in technology, media, government and venture capital. The whole package: How plastics and sustainability startups achieve success. The whole package: How plastics and sustainability startups achieve success.

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Samsara Eco wants to help end global plastic crisis with enzyme-based technology

TechCrunch

Global plastic use is expected to double by 2040 , with most plastic sent to landfills and only 13 percent recycled. Investors include the Clean Energy Finance Corporation (CEFC), and existing bakers W23, the venture capital arm of Sydney-based supermarket giant Woolworth , and Main Sequence. .

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EVs to power Kenya’s bus rapid transit system

TechCrunch

But the situation is about to change following an announcement that the new Bus Rapid Transit (BRT) network in the country’s capital, Nairobi, will only be operated by green (electric, hybrid and biodiesel) vehicles.

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Request for Startups: Climate Tech

Y Combinator

Lithium, cobalt, nickel, graphite, manganese, and other rare earth metals are in increasingly short supply as demand scales up – the demand for lithium alone is estimated to grow between 13-42x by 2040. On the cultivated meat side there have recently been regulatory breakthroughs giving us hope of these hitting the shelf soon.

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