How Climate Tech Investing Is Being Shaped by Trump’s Tariffs and Orders

The last six months have given the US climate tech sector an extreme case of whiplash, yet venture funding to the industry is on the rise.

After having former President Joe Biden throwing billions of dollars at everything from green hydrogen to next-generation batteries, companies are now dealing with President Donald Trump, who is considering cutting or clawing back funding for carbon-cutting solutions. The tariffs are also adding a new barrier for companies that source materials from abroad while threatening to dampen demand for US technology in other countries.