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What companies made the Top 10 ESG list in 2022? 🧩 The US has been searching for the different ways to address their battery supply chain dependency. The country's government has facilitated billions of dollars for battery startups through its Energy Department loans and last year's infrastructure bill, followed by the Inflation Reduction Act signed earlier in 2022. The latter, ties EV tax credits directly to the source of battery materials (e.g. rewarding domestic production and recycling) and therefore, automakers are pouring billions of dollars into battery recycling startups that promise to build new components out of old batteries. BP, Shell, TotalEnergies and Equinor, four of Europe’s largest oil and gas companies, made more than £74 billion in combined pre-tax profits. All of that in the first six months of this year alone. The 3 months experiment in Germany with super cheap public transport resulted in reduced carbon dioxide emissions equivalent to powering about 350,000 homes for a year. Due to the current macroeconomic situation, most industries struggled to attract funds from venture capital in the second quarter of 2022. In fact, the broader market for VC funding faced its largest quarterly percentage drop in nearly 10 years. #heatwave #heatwaves #heatwaveuk #climatechange #climateaction #environment #weather

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