[ad_1]
Last week, I was lucky enough to meet my GreenBiz team for the first time at our company in Oakland, California. As reported by our own Greenbooth newspaper, my colleagues were very nice and motivated to tackle the climate crisis. It is not defeatism or “doom and gloom” in the classroom. I have worked on climate change mitigation for years and let me tell you – that is not normal.
I also had the opportunity to visit some kick-ass Bay Area-based startups while living in Cali. LivingCarbon, Sunfolding and Twelve for hosting yours truly and giving me a tour of their labs and facilities. Additionally, venture capital Galvanize invited me to visit its San Francisco headquarters and share some fascinating discussions about the current and future of climate technology investing.
But to my company’s delight, each entity had to clear one simple hurdle: employ a woman or a woman-identifying person in a decision-making role. time. End of sentence.
As I wrote a few weeks ago, startup funding for women-owned companies doesn’t even come close to the amount of startup funding for male-led enterprises. Like, the difference between the two total numbers is embarrassing, really. And so, as a journalist, I decided to highlight the power of the pen and the incredible readership that opens the door to all kinds of opportunities.
(And yes, it’s Dolly Parton’s CLASSIC song “9 to 5” here. Dolly has been documenting the obstacles and pitfalls women face in ordinary life since before the climate tech industry even existed. At the altar.)
And if you know of a climate tech startup or VC company (in the US or abroad!) that you think I should visit because it clears my hurdles and is changing the game, please send it my way. I want to explore and highlight diverse and innovative products and ideas that impact the future of energy, ecoengineering, transportation, infrastructure, or anything remotely climate tech-y!
In the next few moments when you hear from me, I’ll be highlighting the companies I visited and answering questions like that.
- How was the company established?
- What is the purpose?
- How does he hope to make an impact?
- What barriers have been removed?
- Who is leading the charge?
- Why should we care about any of that?
I can’t wait?! me neither.
But for now, I’ll end with the happy news that the 2022 Tax Cuts Act passed the House and has officially been signed into law.
The IRA represents the largest federal investment in U.S. history to address the climate crisis, including purchasing incentives such as taxes and clean transportation, climate-friendly infrastructure and access, and nationally produced solar and wind energy technology.
This does not mean that this law is perfect. Indeed, GreenBiz’s own transportation analyst Vartan Badalian explained one aspect to consider regarding electric vehicles, “The bill does two things to ensure maximum supply chain security and sustainability for any automotive company seeking full efficiency: (1) It requires final assembly.” be in North America, and (2) battery materials originate from countries where the United States has a free trade agreement with North America or is recycled. Therefore, once this bill goes into effect, many vehicles will not be eligible for the full incentives. Most of the raw materials for batteries currently come from China. However, depending on how much automotive companies value driving sales, it will prompt them to re-organize gathering and mining, which will only help the U.S. in the long run.
So while there are many official incentives to buy electric vehicles across the board, suppliers need to know exactly how to get the minerals at the national level, ensuring procurement – while restructuring their supply chains. The final meeting will happen in North America. .
And this takes time.
But my joy is not cold. At least now there is a legal requirement for companies around the world to make sure their processes are more efficient and comply with American standards (I don’t know how good it is to type this sentence). I’m crying, thank you, this is a newsletter, not live).
For the first time in a long time, I’m officially tempted to quote all-around queen and national heritage Dolly Parton’s “Color Me America” and say it right.
[ad_2]
Source link
