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Climate tech investors cautiously optimistic that policy changes being considered by the second Trump administration won’t be universally detrimental to climate tech.
Anything involving drilling, including geothermal and geologic hydrogen, will likely ride the coattails of policies that are favorable to oil and gas extraction.
Anything that’s reliant on tax credits for consumers will be vulnerable, several investors said.
Geothermal startups are playing the game, too, with Fervo Energy partnering with Google and Sage Geosystems working with Meta to power their datacenters.
Both technologies have a potential ally in Chris Wright , who Trump has tapped to be his energy secretary.
“The only constant is change and instability in the next four years ,” Posamentier said.
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