Recent reports from several tech companies have highlighted a newfound hesitancy around climate technology, bringing to light the possible negative ramifications of recent political and economic uncertainties.
The general consensus is that this will bring about a US slowdown in climate tech, allowing companies like China (who are aggressively pursuing a leading position) to become dominant global superpowers within relevant industries such as EVs and batteries.
While some US climate tech projects are still moving forward, many have been cancelled or delayed, with the Aspen Aerogels announcement to scrap its Georgia factory plans to make materials that suppress battery fires arguably the most high profile.
This comes as one report suggests there has been almost twice as much negative news (12.2bn)forclimatetechprojectsthangoodnews(10.5bn) so far this year.