cleantech

cleantech

Courtesy of Nathan Dumlao on Unsplash

California air regulators have passed a ban on new gas-powered vehicle sales that will take effect in 2035.

Governor Gavin Newsom had outlined the plan earlier in the week, but the law is now official. The plan is ambitious—perhaps wildly so—but it continues the tradition of California forging bold new transportation policies that are eventually adopted nationally due to the state’s massive population and economic influence.

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Fifth Wall, a Los Angeles-based venture capital group, has closed a half-billion-dollar fund to decarbonize the property industry. The new money brings the group’s total managed investments to just north of $3 billion. It will be used to “invest in anything and everything to decarbonize the real estate industry,” says Brendan Wallace, co-founder and managing partner at Fifth Wall.

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Courtesy of Surf Air Mobility

The airline industry is a notoriously terrible polluter, with large carriers struggling to find ways to limit the more than 915 million tons of carbon emissions produced by their industry each year.

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