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Search resuls for: "Amrith Ramkumar"


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One of the world’s most valuable battery startups is raising $3.4 billion in debt from the European Union and a group of banks including JPMorgan Chase , accelerating a race to build more batteries outside China and take advantage of a tidal wave of clean-energy subsidies. Europe’s Northvolt plans to use the funding to grow battery production at a factory in northern Sweden for customers such as Volkswagen and BMW . It also plans to expand a recycling facility next door that will convert scrap metal and old batteries into reusable battery materials.
Persons: Northvolt Organizations: European Union, JPMorgan Chase, Volkswagen, BMW Locations: China, Sweden
EnergyRe builds transmission lines to carry wind and solar power to big cities. Photo: Wayne Parry/Associated PressU.S. cities racing to cut their emissions are facing a roadblock: They can’t access the wind and solar power being developed in remote sites hundreds of miles away. Now a group of investors is betting on a startup that builds massive transmission lines to carry renewable electricity to urban areas.
Persons: Wayne Parry Organizations: Associated Press U.S
Battery-recycling startup Li-Cycle is pausing construction on a large facility in Rochester, N.Y., because of surging costs. Photo: Lauren Petracca for The Wall Street JournalA pile of government cash from last year’s climate law was supposed to fuel a wave of clean-energy startups. Instead, many are running out of money before the funding comes through. Higher interest rates and rising costs have hurt the companies in what are often capital-intensive industries. Washington’s grinding bureaucracy has been slow to dole out the cash from the climate-focused Inflation Reduction Act.
Persons: Lauren Petracca Organizations: Wall Locations: Rochester , N.Y
ARLINGTON, Va.—At concrete plants across the world, diesel mixer trucks take in a polluting blend of sand, gravel, water and cement. A facility outside Washington, D.C., is adding a new ingredient to clean up the process: carbon dioxide. The hybrid material—known as “green” concrete—reduces the carbon footprint of one of the dirtiest industrial sectors in the world and is emerging as an alternative to carbon storage options such as underground wells and pipelines that require regulatory approval and local support.
Organizations: Washington , D.C Locations: ARLINGTON, Va, Washington ,
WASHINGTON—Big energy producers are sparring over billions of dollars in subsidies from last year’s climate law, a fight that pits the Biden administration’s goals for economic growth against its efforts to reduce greenhouse-gas emissions. The battle is over subsidies to produce clean hydrogen, a potential alternative to oil and natural gas in industries such as steelmaking and trucking where renewable energy and batteries alone aren’t adequate. The administration is weighing how strictly to define what energy sources can be used to make clean hydrogen and still be eligible for some of the most valuable tax credits in the Inflation Reduction Act.
Persons: WASHINGTON Organizations: Big, Biden
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/energy-oil/the-secret-behind-the-first-1-billion-green-hydrogen-startup-994fee28
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/a-futuristic-plan-to-make-steel-with-nuclear-fusion-2a18ac35
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/energy-oil/companies-stall-climate-action-despite-earlier-promises-44c1c7bd
Persons: Dow Jones
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Persons: Dow Jones
Amrith RamkumarAmrith Ramkumar is The Wall Street Journal’s climate finance reporter. He also writes about environmental, social and governance—or ESG—investing. Amrith previously was a Journal markets reporter who wrote about special-purpose acquisition companies, or SPACs, when SPAC mergers were a popular alternative to traditional initial public offerings for many clean-energy startups and other companies. He also previously wrote about stocks and commodities, including battery metals such as lithium and cobalt. Amrith joined the Journal as a markets intern after graduating from Duke in 2017.
Persons: Amrith Organizations: Journal, Duke Locations: Washington ,, Wall
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/business/media/trumps-truth-social-challenge-now-is-to-get-a-deal-done-d8e66958
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/us-news/climate-environment/microsoft-will-use-carbon-absorbing-rocks-to-meet-climate-goals-57ea802a
Persons: Dow Jones, 57ea802a Organizations: microsoft
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/finance/investors-flock-to-battery-recyclers-in-hunt-for-climate-law-winners-4e9b0af0
Persons: Dow Jones, 4e9b0af0
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Persons: Dow Jones
Tesla Alums Win Big in Green Energy Bonanza
  + stars: | 2023-08-15 | by ( Ed Ballard | Amrith Ramkumar | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/tesla-alums-win-big-in-green-energy-bonanza-33d63414
Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-biggest-winners-in-americas-climate-law-foreign-companies-c672e09d
Persons: Dow Jones Locations: americas
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/epa-launches-green-bank-for-climate-funding-in-low-income-areas-13a59401
Persons: Dow Jones
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Persons: Dow Jones
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/sam-altman-backed-nuclear-startup-is-going-public-through-altmans-spac-cf1ae712
Persons: Dow Jones, altman
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/sam-altman-backed-nuclear-startup-is-going-public-through-altmans-spac-cf1ae712
Persons: Dow Jones, altman
Watch: Riots, Looting Continue Across France Over Teen Shooting
  + stars: | 2023-07-01 | by ( ) www.wsj.com   time to read: 1 min
Investors Warm-Up to Clean-Energy Stocks AgainShares of clean-energy companies are rising after an18-month downturn. Companies and investors are now watching to see if the rally will help sustain them until climate-law subsidies kick in. WSJ climate-finance reporter Amrith Ramkumar joins host Julie Chang to explain how Tesla is leading the surge. Photo: Jessica Tezak for the Wall Street Journal
Persons: Amrith Ramkumar, Julie Chang, Tesla, Jessica Tezak Organizations: Companies, Wall Street
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/pg-e-seeks-roughly-7-billion-federal-loan-to-reduce-california-wildfire-risk-7d870a9
Persons: Dow Jones Locations: california
Investors Warm-Up to Clean-Energy Stocks AgainShares of clean-energy companies are rising after an18-month downturn. Companies and investors are now watching to see if the rally will help sustain them until climate-law subsidies kick in. WSJ climate-finance reporter Amrith Ramkumar joins host Julie Chang to explain how Tesla is leading the surge. Photo: Jessica Tezak for the Wall Street Journal
Persons: Amrith Ramkumar, Julie Chang, Tesla, Jessica Tezak Organizations: Companies, Wall Street
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-race-to-build-a-better-air-conditioner-601b28fc
Persons: Dow Jones
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