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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"


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 ....

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Robert Rapier - About


Robert Rapier
Member since: 2018
Robert Rapier is a chemical engineer who works in the energy industry. Robert has over 20 years of international engineering experience in the chemicals, oil and gas, and renewable energy industries, and holds several patents related to his work. He has worked in the areas of oil refining, natural gas production, synthetic fuels, ethanol production, butanol production, and various biomass to energy projects. Robert is the author of Power Plays: Energy Options in the Age of Peak Oil. He is also Chief Investment Strategist for The Energy Strategist at Investing Daily. Robert has appeared on 60 Minutes, The History Channel, CNBC, Business News Network, and PBS, and his energy-themed articles have appeared in numerous media outlets, including the Wall Street Journal, Washington Post, Christian Science Monitor, and The Economist. ....

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