Decarbon Daily - Sustainability Fund, EnerVenue, & Atlana AI
Inside this issue
Shopify Launches Sustainability Fund
Shopify is an ecommerce platform that went public in 2015. The stock is up about 500% in the last year. The company has been an innovator and leader in enabling carbon offsets during the checkout process for online orders. Now, Shopify is taking more action to kickstart the carbon removal market.
Shopify considers four key aspects:
1. Climate benefit - project is net carbon negative
2. Scalability - long-term economics and meaningful impact
3. Market support - carbon capture sales
4. Co-benefits - social equity and environmental benefits
Shopify also released a playbook that offers more detail on how they intend to kickstart the carbon removal market.
Apply Now, Deadline is October 12th
Don't wait to apply. This is a fantastic initiative that will showcase innovative projects and companies that are capable of reversing climate change.
Inside this Issue
💰 EnerVenue Raises $100m to Accelerate Clean Energy Using Nickel Hydrogen Batteries
😎 DESRI Acquires 300-MW Solar Project with 150 MW Storage in New Mexico
☀️ 'Terawatts Mindset' as Lightsource BP Bags $1.8bn to Double Solar Growth Goal
🤖 Altana AI Raises $15M Series A Investment to Build the Single Source of Truth On the Global Supply Chain
🛢 America’s Next Hot Import Might Be Record Energy Prices
🔌 Big Money Flows into Long-duration Energy Storage
Articles in this issue