🌡️ Extreme Heat, 15 Climate Tech Ideas and more

This is your debrief on what’s driving the clean energy transition.

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Acclimate Editor
July 01, 2024

⚡Good morning, we thank you for choosing Acclimate among your climate tech information sources. Stay informed on priority developments shaping the clean energy transition.

In today’s edition:

  • Curated links on: extreme heat management, advancements in nuclear and solar power, EV adoption, the role of machine learning in optimizing smart grids and much more.

  • 💡15 Climate Tech Ideas from this week’s links.

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🌡️ Extreme Heat

⭐️❗ Why Extreme Heat is urgent. Record-breaking heat may surpass last summer as the warmest in 2,000 years (source).

⚡️Clean & Renewable Energy

🚙 Mobility & Transport

  • Rivian shares soar after Volkswagen takes $1 billion stake [www.cnbc.com]. Discusses a major investment in EV startup Rivian by Volkswagen, signaling confidence in electric transportation's future. Visit Link... | More analysis at Solvecast

  • How much can you save going from a gas car to an EV? Depends on vehicle type [www.autoblog.com] . Summarizes how switching to EVs, especially trucks and SUVs, can lead to significant fuel cost savings, impacting the electric transportation market. Visit Link... | More analysis at Solvecast

  • California offers additional $14,000 in low-income EV incentives [www.electrive.com]. Explores California's initiative to boost electric vehicle adoption among low-income groups with substantial incentives, fostering wider access to clean transportation. Visit Link... | More analysis at Solvecast

  • The Tesla Model 3 is now cheaper to lease than a Toyota Camry [electrek.co]. Summarizes the cost benefits of leasing a Tesla Model 3 compared to a hybrid Toyota Camry, highlighting electric vehicles' growing affordability. Visit Link... | More analysis at Solvecast

🏠 Buildings & Cities

💡This week’s top ideas, summarized from our curated links.

Ideas from this week’s curated links (in no particular order):

  1. Global Certification Influence. Green building certifications set international standards, driving sustainable architectural and construction practices worldwide. (Source...) | More analysis at Solvecast

  2. Heatwave Misconceptions. Total temperature maps can mislead the public by not accurately reflecting the anomalous nature of heatwaves. (Source...) | More analysis at Solvecast

  3. SUV/Truck EV Savings. Electric trucks and SUVs offer the highest fuel cost savings compared to their gas counterparts. (Source...) | More analysis at Solvecast

  4. Inclusive EV Adoption. California's DCAP targets equitable electric vehicle adoption by providing substantial financial incentives to low-income households. (Source...) | More analysis at Solvecast

  5. Energy Transition. Wyoming's shift towards hosting a nuclear power plant underscores a broader transition from coal to cleaner energy sources within the United States. (Source...) | More analysis at Solvecast

  6. Beyond Carbon Reduction. Reframing carbon markets to support sustainable businesses and government climate initiatives can lead to self-sustaining climate action without reliance on carbon finance. (Source...) | More analysis at Solvecast

  7. Community Solar Benefits. Excess electricity from Canva-supported solar projects is sold to fund renewable energy access for low-income households. (Source...) | More analysis at Solvecast

  8. Supply Chain Decarbonization. The agreement aids Canva in reducing Scope 3 emissions by assisting its printing partners in lowering their Scope 2 emissions. (Source...) | More analysis at Solvecast

  9. Innovative Energy Contracts. Canva's unique solar energy procurement contract enables small companies to collectively fund and support new green energy projects. (Source...) | More analysis at Solvecast

  10. Geothermal Expansion. California's integration of a large-scale enhanced geothermal project signifies a strategic move to diversify its renewable energy portfolio with reliable baseload power. (Source...) | More analysis at Solvecast

  11. Sustainable Cooling. Implementing energy-efficient and sustainable cooling systems is imperative to address heatwaves without exacerbating climate change. (Source...) | More analysis at Solvecast

  12. EV Cost Competitiveness. The Tesla Model 3's lease cost undercuts the hybrid Toyota Camry, indicating electric vehicles are becoming more financially accessible. (Source...) | More analysis at Solvecast

  13. Funding Access Key. Access to federal funding and innovative financing mechanisms is enabling local governments to implement essential heat resilience initiatives. (Source...) | More analysis at Solvecast

  14. Community Engagement. Effective community engagement by renewable energy developers is crucial for the planning, siting, and operation of large-scale projects. (Source...) | More analysis at Solvecast

  15. Grid Management. Utilities require advanced customer IT stacks to manage decentralized, variable electrification loads like EVs and heat pumps. (Source...) | More analysis at Solvecast

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Thank you for reading!

- Acclimate Team