Axios Pro: Climate Deals

November 17, 2023

Axios Pro Exclusive Content

🥳 It's Friday, climate readers. Research associate Natalie Breymeyer here with your weekly digest.

Programming note: Axios will be observing Thanksgiving next Thursday and Friday, so your next weekly digest will come on Dec. 2. Enjoy the holiday!

Situational awareness: The U.S. Export-Import Bank is providing $169 million in financing to Beta Technologies, an electric aircraft developer based in Burlington, Vt.

1. Exxon's lithium plans

an illustration of an industrial battery surrounded by shapes and cutouts of money

Illustration: Tiffany Herring/Axios

Nov. 13 — ExxonMobil unveiled a major plan to develop lithium for electric vehicle batteries, Alan wrote.

  • Why it matters: The announcement shows that one of the world's largest providers of fuel for combustion engines also has a detailed and long-term plan for doing the same for electric vehicles.
  • Go deeper: Read Monday's newsletter, plus Monday's Pro Rata on senators introducing a bill that would increase regulations on PE and VC investments into China.

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