This Week in Startups Crypto climate bill resurfaces, BlocPower raises $155M + Arcadia CEO Kiran Bhatraju | E1692
Mar 7, 2023
Kiran Bhatraju, CEO and co-founder of Arcadia, a climate technology company, dives into the crucial intersection of clean energy and data. He explores the resurfacing of the Crypto-Asset Environmental Transparency Act, emphasizing the pressing need for accountability in crypto emissions. Kiran reveals how Arcadia unlocks energy data to revolutionize clean energy access and discusses community solar as a game-changer for those without rooftop options. His insights on carbon accounting and using innovative tech to optimize energy efficiency are thought-provoking!
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Crypto Mining Emissions
- Crypto mining's environmental impact is a growing concern, prompting calls for emissions disclosure.
- The Crypto-Asset Environmental Transparency Act aims to address this by mandating studies and disclosures.
BlocPower's Green Initiative
- BlocPower raised $155 million to retrofit buildings for energy efficiency and train green workers.
- Their Ithaca, New York project aims to achieve net-zero emissions for the entire city.
Arcadia's Data Platform
- Arcadia unlocks geographically limited utility data for companies in various sectors.
- This data helps with energy usage, tariff analysis, and cost management.