[Source.](https://www.dailywire.com/news/venture-capital-firms-launch-new-alliance-pushing-startups-to-eliminate-carbon-emissions) > Nearly two dozen venture capital firms in the United States and Europe announced an alliance on Tuesday centered on pressing early-stage companies to pursue net zero carbon emissions. > The Venture Climate Alliance will “help to drive” a global transition toward net zero economies such that portfolio companies can “enter and thrive in dynamic markets where climate will play a much greater role.” Member firms will therefore achieve net zero emissions in their own operations by 2030 and encourage portfolio companies to do the same by 2050. > “Our goal is to bridge the gap between what’s happening in public markets, where hundreds of companies have made bold forward-looking net zero commitments, and early stage innovation, which has the potential to decarbonize legacy industries through a combination of better products, more efficient processes, and lower costs,” Venture Climate Alliance founder and Prelude Ventures principal Alexandra Harbour said in a statement.