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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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Cyclyx International Welcomes North American Plastics as New Member


May 24, 2021
PORTSMOUTH, New Hampshire – Cyclyx International, a consortium-based feedstock management company with a mission to help increase the recycling rate of post-use plastic from 10% to 90%, announced today that North American Plastics, a family of leading brands in plastics distribution, has become a member of the Cyclyx consortium.
As a member of the consortium, North American Plastics joins an impressive group of companies that are leading the way in building a more sustainable future for plastics. Member companies have access to Cyclyx’s services that provide plastic users throughout the value-chain with third-party audited, circular, end of life pathways for their products through innovations including chemical characterization of plastics and predictive modelling of feedstock sources to product pathways, custom feedstock recipes, and customized supply chains. These innovations and North American Plastics’ commitment to help drive more plastics being r ....

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