Why it matters: Even if, as expected, Trump withdraws the U.S. from the Paris Agreement for the second time and rolls back emissions regulations, the new targets were devised with some of his likely policies incorporated.
Why it matters: The incoming Trump administration is likely to overturn the waiver to California. But in issuing it, the EPA will make it harder to accomplish a reversal.
Deep Sky, a Quebec-based developer of carbon removal projects, has landed a $40 million grant commitment from the Bill Gates-backed fund Breakthrough Energy Catalyst.
Why it matters: The investment signals the $1 billion-plus Breakthrough Energy Catalyst fund's interest in demonstration projects in the carbon removal sector.
Advanced nuclear group Oklo announced that it's signed an agreement to sell 12 GW of power from planned nuclear projects to data center company Switch.
Why it matters: It's one of the largest deals for clean energy to date and highlights the insatiable need for renewable electricity to power AI data centers.