Current Climate: The Economic Benefits Of Accelerating The Energy Transition - Graphyte

Current Climate: The Economic Benefits Of Accelerating The Energy Transition

By Alex Knapp and Alan Ohnsman, Forbes

Sustainability Deals Of The Week

Mining: ExxonMobil announced that it will begin mining for lithium in Arkansas, and that it aims to become a major lithium producer for electric vehicles by 2030

Solar Power: Nevados, which builds solar “trackers” that enable panels to be installed on hilly terrain without flattening it, has begun manufacturing at a facility in Texas.

Carbon Removal: Montreal-based startup Deep Sky announced that it’s raised a $55 million series A round to begin the planning and construction of its first commercial facility.

Biomass: Breakthrough Energy Ventures-backed startup Graphyte announced its own carbon removal solution, which transforms waste biomass into a carbon removal product at a price of less than $100 per ton.

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