Investments in climate tech are increasing
VC funding is up by 122% from 2015-2020 in transportation and logistics.
Costs to deploy cleantech are decreasing
Solar, wind, and storage, are competitive with fossil fuels on a cost basis. As a result, innovators of cleantech can deploy products faster at less cost – increasing adoption.
Electrification can make a huge impact on reducing GHG emissions
73% of greenhouse gas emissions are coming from energy: Transportation, homes and buildings and industrial processes. There’s an opportunity to decrease emissions by ~70% via decarbonizing the grid with electrification.