Find stats on top websites
Industry Landscape
The climate action industry is experiencing unprecedented urgency and growth, driven by increasing awareness, policy mandates, and technological advancements. Investment in renewable energy, clean transportation, and sustainable agriculture is accelerating. However, challenges remain in policy implementation, overcoming political polarization, and scaling innovative solutions globally to meet ambitious net-zero targets.
Total Assets Under Management (AUM)
Clean Energy Investment in United States
~Approximately 239 billion USD (2023)
(11% CAGR)
Growth driven by solar, wind, and EV infrastructure.
Policy incentives like IRA are significant contributors.
Increased private sector investment in cleantech solutions.
Total Addressable Market
1.7 trillion USD
Market Growth Stage
Pace of Market Growth
Emerging Technologies
Advanced Grid Modernization
Smart grid technologies, including AI-driven energy management, advanced sensors, and distributed energy resource optimization, are crucial for integrating intermittent renewables and enhancing grid resilience.
Direct Air Capture (DAC)
DAC technologies extract CO2 directly from the atmosphere, offering a crucial tool for achieving net-zero by addressing hard-to-abate emissions and legacy CO2.
Sustainable Aviation Fuels (SAF)
SAF, produced from sustainable feedstocks, offers a significant pathway to decarbonize the aviation sector, a key area of focus for climate action.
Impactful Policy Frameworks
Inflation Reduction Act (IRA) 2022
The Inflation Reduction Act of 2022 is a landmark US law providing significant tax credits, rebates, and investments to accelerate clean energy production, electric vehicle adoption, and energy efficiency.
The IRA significantly boosts investment in renewable energy and clean technologies, directly supporting Speed & Scale's 'Decarbonize the Grid' and 'Electrify Transportation' objectives.
Clean Power Plan Repeal and Affordable Clean Energy (ACE) Rule 2019 (and subsequent actions)
While the ACE Rule (2019) that replaced the Clean Power Plan was overturned, the ongoing legal and regulatory shifts around power plant emissions (e.g., EPA's new proposed rules in 2023) continue to shape the US energy landscape.
Uncertainty and shifts in federal emissions regulations directly impact the pace and strategy for decarbonizing the US power sector, a core focus of Speed & Scale's 'Decarbonize the Grid' objective.
National Electric Vehicle Infrastructure (NEVI) Formula Program 2021
Established under the Bipartisan Infrastructure Law, the NEVI program allocates billions to states to build out a national electric vehicle charging network.
The NEVI program directly accelerates the 'Electrify Transportation' objective by expanding crucial charging infrastructure, making EV adoption more feasible across the US.
Transform Your Ideas into Action in Minutes with WaxWing
Sign up now and unleash the power of AI for your business growth
