We’re back for round two, with even more slides than last year. This year’s annual slide deck from Nat Bullard has 200 pages on the key trends shaping decarbonization in 2024. Nat has worked as an analyst and writer in climate tech for two decades and was BloombergNEF’s chief content officer until 2022.

We’ve split the conversation into two parts. In this first part, Shayle and Nat cover topics like: 

• The state of batteries, including the rapid growth of LFP chemistries, the concentration of manufacturing capacity, and the wild ride of lithium prices.


• The rapid growth of transferable tax credits and how that unlocks capital for renewables.


• How the rising cost of capital has reshaped climate tech.

Recommended resources:

Nathaniel Bullard: Decarbonization: Stocks and flows, abundance and scarcity, net zero

Latitude Media: Clean energy capital is getting pricier

WSJ: Companies Are Snapping Up New Clean-Energy Tax Credits

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