As the world grapples with fast-changing weather patterns, wildfires, record-breaking heat, and many other climate-related issues, it is becoming increasingly important to develop the technologies that will help to combat climate change. There is a race to develop new technologies that can capture, remove, and store carbon, create renewable energy, improve energy management and efficiency, and transform energy storage.
The goals of the Biden administration’s National Climate Change Task Force are to reduce greenhouse gas emissions in the U.S. 50-52% below 2005 levels by 2030, to reach 100% carbon pollution-free electricity by 2035, and achieve a net-zero emissions economy by 2050. These are lofty goals that will require some incredible technological innovations to move them forward. And with companies jumping in to help fight climate change, investors are taking notice.