Stay updated with breaking news from Jory schwach. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Head of U.S. Department of Energy Loan Programs on Being a “Catalyst” for Wall Street and Why the Current Pace of Deployment for Climate Solutions in the United States is “Wholly Unacceptable” WASHINGTON (BUSINESS WIRE) “Too much money and not enough projects” is how the head of the DOE Loan Programs Office characterizes the current pace of deployment for climate-related projects in the United States. “The pace at which we are deploying climate solutions is wholly unacceptable,” says Jigar Shah, director of the U.S. Department of Energy’s Loan Programs Office that has more than $40 billion in loans and loan guarantees available to help deploy large-scale energy infrastructure projects in the United States. “The United States is at maybe $200 billion a year of climate change solution deployment annually. That number has to probably be a trillion dollars a year to be able to be on track to [achieve] the goals that the president will be announcing [at th ....
Oil and gas software technology Andium raises $15 million in Series A funding bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Andium is watching oil fields for emissions and just got money from the biggest oil companies to do it Andium, a company focused on remote field monitoring of assets including oil and gas wells has just raised some not-insignificant cash in an investment round led by OGCI Climate Investments, a firm formed by the largest oil companies in the world. Launched in 2014 to “support” the targets laid out in the Paris Agreement to limit global greenhouse gas emissions, OGCI has invested in 21 projects to date. With Andium, the oil majors join existing investors including Tom Miglis, the former chief investment officer of Citadel Securities and Talis Capital in backing a company developing technologies for natural gas flare monitoring, tank telemetry and object detection. ....