Happy Juneteenth!
Technically it was yesterday, but today is serving as the holiday’s first year of federal recognition, so we thought it might be interesting to read a little more into its background as the official final day of emancipation from slavery in the United States. This article is a great rundown of its tradition.
Today’s newsletter will take ~ 2.5 minutes
Trends
Growing demand for Digital Twins
Not only are cities looking to model out how they might optimize efficiency and reduce emissions, many corporations are now seeing the value it can deliver their operations in order to meet net-zero goals. However, the technology does more than just identify where solar potential is greatest, it can also optimize traffic.
Company to keep your eyes on: CityZenith
23 million SF of LEED Certified Net Zero Buildings
LEED announced this week that over 100 buildings have been officially certified LEED Zero, their most rigorous certification.
Deals & Developments
Menlo Park teams up with BlocPower
Home to Meta, the San Fran suburb is joining arms with BlocPower, the same group spearheading Ithaca’s transition to net-zero, to decarbonize 95% of buildings in the community. This equates to over 10,000 homes and all city buildings transitioned to net-zero through low-to-no interest financing.
Technology
Venture capital seeing growing focus on prop & Sustainability Tech
VC firms like Fifth Wall have proven there is alpha to be had by investing in technology platforms that accelerate the transition to net zero. Now more VCs are following suit with 2150 VC focusing in on similar themes, with investments in carbon accounting platforms and carbon negative construction companies.
Legislation
Colorado to provide free public transit on high ozone days
In order to combat higher concentrations of ozone on ozone alert days, Colorado recently signed SB 22-180 into law, providing free public transit for at least 30 days during ozone season.
Quick Takes
The Greenwashing Revolution is Upon Us: Asset Manager Turnover
Exploring the World Through Street Art
Fact for Thought
Last week the New Building Institute debuted their “Net Zero Buildings Week,” publicizing how the built environment can be one of the largest areas in which we can mitigate energy usage and carbon emissions. Excited to join the coalition next year.
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