some fun geothermal news
we completed our first new production well at our lightning dock geothermal power plant in new mexico, and we drilled an absolute banger (>200 MWth) ... it will be the most productive pumped geothermal well in the USA, and likely the world (1/n)
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Indians may not know this but the Indian Rupee over the years had become like a regional US dollar in South Asia with many smaller countries accepting or tolerating it as legal tender.
This greatly helped Indian tourists and travellers whose Rs was readily accepted.
This is really exciting stuff. Until quite recently I hadn't realised that lithium iron phosphate battery tech has significantly cut into the previously expected growth in demand for cobalt, and now sodium-ion might do the same for lithium.
#WFH saves 72 minutes a day on average, and 90+ minutes in China, India, Japan and Singapore.
This is a win-win:
Employers gain 30 minutes (40%) more work a day, boosting productivity.
Employees gain 42 minutes for leisure, caregiving and housework.
https://t.co/kCs5KIpstw
Attn #CDR startups: We're looking for our next cohort focused on CO2 removal & sequestration — supported by scientific & mkt mentors, developers-in-residence + corporates to signal mkt demand & direct catalytic funding toward integrated pilot scale. Apply: https://t.co/5923BHHygV
Fantastic progress from the @antoraenergy team, building the world's first TPV manufacturing line and demonstrating >40% conversion efficiency. We are one step closer to completely decarbonized heat and power solutions! #thermovoltaics#tpv#climatetech
As part of our effort to move the needle — and the market — on #climatetech, we're proud to welcome 34 new startups into our portfolio! 🚀
Cohort 22-2 = solutions across all GHG emissions. 🌏
Cohort 22-3 = our 1st focused cohort of #CDR startups.
More: https://t.co/AS8VzF2yfh
Here’s the chance that a kid born in the bottom 20% of the income distribution eventually reaches the top 20%, depending on where they live.
Stark geographic differences & the lowest mobility areas in the US are worse than any other developed country. https://t.co/1OWsr8KtHV
Excited to announce that we’re currently looking for our next global cohort of #climatetech startups!🚀 If your solution has significant climate impact potential, we’d love to help you develop, commercialize, and scale up quickly. Apply by August 25. https://t.co/pOTkgncnL8 1/
@shaylekann Much appreciated and timely. I had been trying to answer the same price question for both SPAC'd and IPO'd climatetech companies just recently. Hoping folks don't draw long term and erroneous conclusions about the space as a whole from this behavior
Because I'm a glutton for punishment, just checked back in on my climate tech SPACtrack database (39 deSPAC'd companies).
More companies (8) are trading down >80% from their merger price than are trading up >1% (5). And more than half are down 50% or more.
2022 vibes.
Long-duration #energystorage enthusiasts: Check out D3 startup #EnergyDome. Their low-cost system for #LDES uses liquid CO2, has a 30-year lifetime & roundtrip efficiency of 70–80% + can store electricity at a levelized cycle cost < $0.01/kWh. @techreview https://t.co/5zbmvZxDbX
Transport accounts for ~23% of global CO₂ emissions. Since 2010, its emissions have 🔼🔼 faster than any other end-use sector. What does the WG III IPCC report on mitigation of climate change have to say on reducing CO₂ in transport? A 🧵 (1/n)
From the IPCC AR6 WG3 report. No matter how many times I come across it, both emissions and the mitigation potential from AFOLU blow me away. Note the large role individual choices and socio-cultural factors play in our global emissions footprints.
Entrepreneurship research repeatedly finds that there is no clear way to know which early startups will win. Investing in EVERY startup raising 💰 beats a portfolio of 10 startups selected by a VC 75% of the time (& when VCs do better, it is just by a bit) https://t.co/cIWIjABMxc
@EvanDHynes SBIR is an option. Third Derivative offers a $100k convertible with no valuation cap, 8% annual interest and straight 20% discount to the next priced round.
It's a big day! We're thrilled to unveil D3's latest batch of startups—Cohort 22-1—comprised of 16 #climatetech startups working on some of the most important & impactful GHG emissions categories. 🌏 Read on for more details in the🧵below. 1/