Climate
Palantir CEO Alex Karp on the difference between fighting with Peter Thiel and progressives
As U.S. companies and executives balance publicly addressing hot-button political topics, Palantir CEO Alex Karp said many still struggle with figuring out when they must speak out and when they shouldn’t. “Companies have a problem that it’s very hard for them to tether what they’re producing to a higher mission, and therefore they cannot exactly […]
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Crypto is not replacing the U.S. dollar, Bitfury CEO Brian Brooks says
Crypto prices should be viewed more like internet stocks than currency, said Brian Brooks, the former U.S. Acting Comptroller of the Currency during the Trump Administration. The biggest misunderstanding around cryptocurrencies is that if they’re “not doing a great job of replacing the U.S. dollar, then crypto is failing in its mission,” Brooks, now the […]
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DroneSeed uses swarms of drones to reseed forests after devastating wildfires
Fire seasons are now longer and the destruction more intense, as fires burn hotter and spread to more drought-stricken ground. Since the start of this year, 32,247 wildfires have burned over 3.3 million acres in the United States, according to the National Interagency Fire Center. An early start to the season, and an especially […]
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From milligrams to gigatons: Start-up that sucks carbon dioxide from the atmosphere is building a big new plant in Iceland
Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Photo courtesy Climeworks Carbon dioxide removal start-up Climeworks announced on Tuesday it is building a second commercial sized plant in Iceland. When fully operational in 18 to 24 months time, the plant will capture and store 36,000 metric tons per year of carbon dioxide. That’s a […]
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Chinese electric vehicle maker Li Auto to raise $2B from U.S. investors in a new stock offering
The Li One electric car from Li Auto is displayed at the Moonstar Global Harbor shopping mall in Shanghai, China, May 10, 2021. Costfoto | Barcroft Media | Getty Images Chinese electric vehicle maker Li Auto said Tuesday that it plans to raise $2 billion from U.S. investors through an “at-the-market” stock offering, in which […]
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Can war be net-zero? NATO pledges massive revamp of energy-guzzling equipment
A naval exercise led by U.S. Naval Forces Europe-Africa, and executed by the NATO Naval Striking and Support Forces, in the Baltic Sea on June 6, 2022. Russia’s onslaught in Ukraine is almost certain to eclipse other security concerns at NATO’s Madrid summit this week. Jonathan Nackstrand | Afp | Getty Images The super-polluting military […]
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Electrode maker De Nora ‘not scared’ about volatility as it braves IPO
De Nora was founded in 1923 and specializes in electrode and water treatment technologies. Pavlo Gonchar | Lightrocket | Getty Images The CEO of electrode maker Industrie De Nora says it is “not scared” about the current market turbulence as it braves an IPO this week. The initial public offering was priced at 13.50 euros […]
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Renewable energy vs. fossil fuels? It’s a false choice, says John Doerr
As Russia’s war in Ukraine led to a spike in oil prices, energy shortages in Europe, and fears that the natural gas situation will get worse, there’s been a mounting backlash against renewable energy and the idea the world is prepared to function without fossil fuels. What the world needs, according to John Doerr, chairman […]
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Brookfield’s Mark Carney on the firm’s new $15 billion bet on the clean energy transition
(Click here to subscribe to the Delivering Alpha newsletter.) Brookfield Asset Management announced last week that it raised a record $15 billion for its inaugural Global Transition Fund. This marks the world’s largest private fund dedicated to the net zero transition, signaling that investors are still committed to establishing cleaner portfolios. However, some blame the trend toward ESG-investing for […]
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Exxon Mobil CEO cautions against an abrupt energy transition, warning underinvestment leads to high gas prices
Exxon Mobil CEO Darren Woods warns that an abrupt transition to renewable energy will cause society to “pay a high price.” The national average price for a gallon of gasoline is currently nearly $5, causing strife for all drivers, according to AAA. In an interview with CNBC’s David Faber, Woods cautioned against a government policy […]
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