Congratulations King Frederick ๐ and thank you for your support to industrial decarbonization companies like @rondoenergy ๐ฅ Denmark ๐ฉ๐ฐ is a paragon for policy and public support for emerging climate tech.
What should the FDIC do? @FDICgov to guarantee all bank deposits by Sunday night before Asia open and call a time out. Run a process to recapitalize @SVB_Financial while managing liquidation of UST and MBS portfolios to be reinvested in short term UST. Determine the capital hole and raise a โfortressโ amount of capital from investors co-led by @generalatlantic@sequoia etc. and smart financial investors to recap bank. Need a balance between sophisticated VCs and risk-adverse financial investors. Replace senior management and board. Equity holders pre-recap are wiped out, bond holders are protected. @FDICgov to receive penny warrants on recapped bank as compensation for its backstop guarantee. FDIC develops a new guarantee regime where large dollar deposit insurance is made available up to sensible limits per account to accommodate business borrowers while 100% guarantee remains in place. Once new deposit insurance regime is employed, 100% guarantee is removed.
The CBAM is the most important regulatory development for decarbonization in the past years. It's already making the EU's trading partners nervous about how they are going to lower the footprint of their own exports! https://t.co/3g3dcWhrOq #CO2#Decarbonization
Born #Today in 1906, Grace Hopper was computer scientist, pioneer of computer programming, developer of COBOL and United States Navy rear admiral
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[gif by Angela Hsieh: https://t.co/RX3Phajrse]
In case you missed it! Rondo and Siam Cement Group (SCG) will be collaborating under a letter of intent to develop and expand the use of Rondoโs Heat Battery (RHB) technology: https://t.co/aqpihFWeAa
BEV-portfolio company @rondoenergyโs heat battery, powered by clean energy, is designed to replace the energy-intensive power sources in industrial processes. More about how their work to deploy the Rondo Heat Battery can decarbonize cement production: https://t.co/bDfT3IqPhN
We're thrilled to announce @TitanCement has joined @Breakthrough Energy Ventures and @EnergyImpact_ Partners in our Series A round. We'll work together to decarbonize cement production, reduce our carbon footprint, and increase our manufacturing capacity. https://t.co/W5o2MrJ2dQ
@McKinsey@pmarca 11/ "The truth is that reality is trying to beat into us the idea that you need to stop being so skeptical and cynical and instead be open to new things. Because you might actually miss the next big thing walking in the door."
@AkshatRathi John from @rondoenergy since heโs the most passionate and deeply knowledgable applications engineering genius youโll find! And @rondoenergy has potential to impact almost energy industrial emissions sector as well as the grid
The Rondo Heat Battery will play a critical role in meeting and exceeding California's #decarbonization targets.
Rondo captures intermittent renewable electricity in our #HeatBattery, dispatching it as heat to customers in "difficult-to-decarbonize" industries at 98% efficiency.