The Jagged Transition, Pt 1
UK Offshore wind becalmed. Royal Society's dire warning on Long Duration Energy Storage. Alok Sharma's onshore wind pyrrhic victory. And what happens when you need to...go...offshore.
Welcome back to Wicked Problems. The climate tech business intelligence newsletter some people are calling the lovechild of a ket-powered Elon Musk and St. Augustine of Hippo on a bad pear day.
[Because of the global stocktake, we included with a reaction roundup - link at the bottom]
Congrats to London’s ClimateAligned, an AI-powered climate risk application to help scale climate finance through more certainty on debt investment decision, which raised £1.5m this week and announced at The Drop — the Malmo, Sweden climate tech event hosted by one of their lead backers, Pale Blue Dot. Eagle-eyed angel investor Hailey Eustace spotted them early.
Also seen and seeing at The Drop, friend of the newsletter Will Wells. His verdict after soaking up the vibe: “we’re not screwed just yet”.
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