Massachusetts has the highest number of climate tech startups per capita in the world—not just in the US. It’s a fact that Governor Maura Healey is proud of, and an achievement she touts when discussing her plan to make the state “the undisputed global home of climate technology.”

“I’ve never viewed my competition with other states,” she said in a speech last month at ClimaTech. “I view Massachusetts’ competition with other countries.”

Making Massachusetts No. 1 for climate tech would add that industry to the state’s growing list of gold-medal rankings: It’s a global hub for life sciences and biotech, and is the most educated state in the nation, per US News & World Report. Healey wants to use the frameworks that attained those wins to boost the “companies that will lead the world” in climate tech by “investing state dollars” in startups and the green tech workforce.

Healey works with the Massachusetts Clean Energy Center, a quasi-governmental economic development agency, which invests public funding in climate tech startups, manages the state’s green infrastructure, and fosters the next generation of green tech workers through internships and community college and high school programming.

“Not all states have something like a Clean Energy Center that allows us to offer capital investment dollars and tax incentives to support economic development and growth in climate technology,” Healey told Tech Brew. “[Climate tech is] a huge opportunity for economic growth for our state.”

Keep reading here.—TC

Clean energy tax credits have bolstered widespread investment in renewable energy since the Inflation Reduction Act passed in 2022. But President Trump has taken aim at them in his “One Big Beautiful Bill,” which passed the House of Representatives last month with cuts to key tax credits that apply to residential clean tech and clean energy production and investment.

While the clean energy industry scrambles to lobby for the credits to be included in the Senate’s version of the bill, Bloomberg BNEF analyzed how the cancellation of the credits would affect clean energy production in the US.

As stipulated in the version of the bill passed by the House, projects built more than 60 days after the bill is signed into law and that don’t start operating before 2029 would be ineligible for tax credits. According to Bloomberg BNEF’s analysis, these stipulations would create a “three-year rush to build new wind, solar, and storage projects followed by a major hangover in 2029” that would result in a 10% decrease in clean energy projects built by 2035.

Solar, wind, and storage technologies will each be impacted differently—the tax credit changes don’t apply to nuclear projects. Without the tax credits, solar projects would decrease 5% and energy storage projects would dip 7% in the next 10 years. General demand for those technologies would still exist, though at a lower level than today. Wind capacity, however, would be cut by a whopping 35%, “with no offshore wind additions post 2028,” Bloomberg NEF noted.

Keep reading here.—TC

Two and half years after the release of ChatGPT, the pace of AI development hasn’t let up much. A constant stream of new enterprise AI tools promises to remake work as we know it across every industry. But how much is generative AI actually moving the needle for companies that use it?

A handful of new reports aims to quantify how much businesses are adopting AI—as well as what they’re getting out of the technology.

As agents are billed as the next big chapter in generative AI, these surveys show many companies are rushing to test them out. But the data on how much all this AI spending has yielded in terms of results is mixed.

Agent uptick: A PwC survey of more than 300 executives in April found that 52% have either broadly or fully adopted AI agents; 27% reported limited usage. The rest of the companies either hadn’t yet adopted agents or had no plans to do so.

The top use cases were customer service, sales and marketing, and IT and cybersecurity. Most companies surveyed said their budgets were increasing because of agentic AI.

But the report authors wrote that while agents provide “a meaningful boost in productivity, [the technology] stops short of transformation.”

Keep reading here.—PK

Usually, we write about the business of tech. Here, we highlight the *tech* of tech.

Sit, stay, track: Itching to spend as much as $16 a month on a device that tracks, per Retail Brew, “six dog behaviors including barking, licking, scratching, eating food, and drinking water”? Well, you’re in luck: Fi, a pet tech company, released an AI-aided collar for you to wrap around your canine.

Coming soon to an iPhone near you: Apple’s annual WWDC was this week, and, as The Verge noted, “the stakes are higher than usual.” Wanna know about everything that’s about to hit iPhones, iPads, Macs, and the Apple store? In addition to The Verge, Wired, The New York Times, and CNET have roundups.