· 2 min read
illuminem summarizes for you the essential news of the day. Read the full piece on Wood Mackenzie or enjoy below:
🗞️ Driving the news: At Climate Week NYC, entrepreneurs Marissa Beatty (Turnover Labs) and Apoorv Sinha (Carbon Upcycling Technologies) shared their cleantech innovation journeys
• They highlighted the challenges faced and support needed to scale from lab tests to commercial deployment
🔭 The context: The transition to a low-carbon energy system demands innovative solutions
• Entrepreneurs like Beatty and Sinha are developing technologies that convert CO2 into valuable materials, while venture capitalists like Dan Goldman (Clean Energy Ventures) emphasize the critical role of funding and consistent policy frameworks in fostering cleantech growth
🌍 Why it matters for the planet: Cleantech innovations that reduce CO2 emissions are essential for addressing climate change
• Startups like Turnover Labs and Carbon Upcycling Technologies are developing methods to utilize industrial CO2 emissions, potentially transforming waste into valuable resources
⏭️ What's next: The speakers offered advice for aspiring cleantech entrepreneurs, stressing the importance of persistence, funding, and understanding the regulatory landscape
• Future episodes will feature more Climate Week discussions on fostering a sustainable economy
💬 One quote: "A consistent policy framework is vital to foster long-term growth in the clean energy sector," said Dan Goldman
📈 One stat: Turnover Labs and Carbon Upcycling Technologies are part of a growing cohort of startups leveraging carbon emissions to create profitable, sustainable products
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