Finance
New VC Fund Targets Carbon-Heavy Consumer Marketplace
Backed by Leonardo DiCaprio, the $45 million Regeneration VC fund is focused on decarbonizing goods like leather and plastic.
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Climate change is now generally understood by scientists to be a systemic problem in which individual decisions are too small, at any scale, to make an impact. Consider this index of evolution over the last 16 years. Al Gore’s 2006 documentary An Inconvenient Truth ends with the question “Are you ready to change the way you live?” and then asks people to buy energy-efficient appliances and light bulbs. The website of the 2021 satire Don’t Look Up, by contrast, implores people to “Change the System.”