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Search resuls for: "Cat Clifford"


9 mentions found


☆ Four North American cities now near worst air quality in the world
  + stars: | 2023-06-30 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com   time to read: +1 min
Four of the five cities with the worst air quality in the world are in North America, including New York, a grim distinction fueled by devastating forest fires across Canada that have sent smoky air across the continent, according to data tracked by IQAir. New York City now has the second-worst air quality in the world with a recorded air quality index of 162, lagging only Jakarta. Anything above an AQI of 150 is considered "unhealthy" air. There, air quality is slightly better than the other three North American cities on the list, with an AQI of 122. Kathy Hochul warned citizens that potentially dangerous air quality reflected a grim distinction for state residents.
Persons: Kathy Hochul, Hochul, Cat Clifford Organizations: Trade Center, IQAir, Montreal, D.C, Canadian, New York Gov Locations: Manhattan, New York City, Jersey City , New Jersey, North America, New York, Canada, IQAir . New York City, Jakarta, Toronto, Washington
☆ Commonwealth Fusion has raised $2 billion to make energy like the sun and stars — here's a look inside
  + stars: | 2023-06-08 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +10 min
Bob Mumgaard, the CEO of Commonwealth Fusion Systems Photo courtesy Commonwealth Fusion SystemsYou don't need to be a nuclear physicist to follow this race. The Commonwealth Fusion Systems campus in headquartered in Devens, Mass., which is between 35 and 40 miles outside of downtown Boston. The 50-acre campus is where Commonwealth Fusion System's corporate headquarters, advanced manufacturing facility and demonstration fusion device are all located. What it looks like to spend $2 billion to build a fusion machineIn the race to deliver fusion, Commonwealth is a frontrunner. The Commonwealth Fusion Systems' SPARC facility under construction in Devens, Mass.
Persons: Cat Clifford, Mumgaard, Wright, Bob Mumgaard, We've, haven't, Andrew Holland, Brandon Sorbom, Sorbom, Ally Yost, Yost, Alex Creely Organizations: Commonwealth Fusion Systems, CNBC, Commonwealth Fusion, United, Commonwealth, Fusion Industry Association, SPARC, ARC, Boeing Locations: Devens , Mass, Boston, Germany, Fukushima, Commonwealth
☆ The World Bank is betting on this company to 'green' the $1.6 trillion steel industry — take a look inside
  + stars: | 2023-06-05 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +8 min
Boston Metal CEO, Tadeu Carneiro Photo courtesy Boston MetalThe Boston Metal offices in Woburn, Mass. A diagram of the process Boston Metal is using to make green steel. Zoom In Icon Arrows pointing outwards This is where the electricity is converted from AC to DC in the Boston Metal location. (A portion of the photo has been altered to protect the intellectual property of Boston Metal.) Zoom In Icon Arrows pointing outwards The Boston Metal electrolysis process releases oxygen as a byproduct.
Persons: Tadeu Carneiro, Cat Clifford, Adam Rauwerdink, It's, Carniero, Sonneborn, Rauwerdink, Boston Metal's, " Carneiro, doesn't Organizations: Boston Metal, CNBC, Boston, Boston Steel, DC, MIT, IFC, BHP, World Bank Locations: Woburn , Mass, Boston, Woburn, Asia, Burkina Faso, India, Brazil, South Asia
☆ In client call, SVB's new CEO urges clients to bring funds back to the bank
  + stars: | 2023-03-15 | by ( Rohan Goswami Hugh Son | Rohan Goswami | Hugh Son | ) www.cnbc.com   time to read: +5 min
Three days into his tenure as Silicon Valley Bank 's government-appointed CEO, Tim Mayopoulos has a message for his high-powered venture capital and startup clients: Bring your money back. "There is no safer place in the U.S. banking system to put your deposits," Mayopoulos said on the call, which CNBC attended and was first to report. SVB's former CEO and CFO are no longer employed by the bank, Mayopoulos said on the call. Customer feedback will be critical in determining the future of the bank, Mayopoulos said on the call. "There are other places that do venture debt, but Silicon Valley Bank was the 1,000-pound gorilla in the room," said Ami Kassar, CEO of the business lending consultant Multifunding.
☆ Arun Majumdar's mom cooked over a coal stove on the floor, and now he's the first leader of Stanford's new climate school — here is his story
  + stars: | 2022-11-19 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +11 min
Building a successful climate school that both educates people and scales up technological solutions in its accelerator arm requires thinking beyond the bubble of Silicon Valley. Majumdar's understanding of the importance of a global perspective for the climate school is also personally informed. He was also a professor, did research, and worked at Google for a stint before eventually getting the opportunity to lead the launch of the Stanford climate school. The lessons he learned at ARPA-E are helping form the foundation for the accelerator arm at the Stanford climate school. Stanford Doerr School of Sustainability Photo courtesy Cat Clifford, CNBCSo far, the sustainability school at Stanford seems to be popular with students.
☆ What it feels like to visit a fusion company lab on a day when wildfire smoke cloaks the horizon
  + stars: | 2022-11-04 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +13 min
The Helion Energy building under construction to house their next generation fusion machine. For the employees of Helion Energy, building a fusion device is their job. Helion Energy's building under construction to house the seventh generation fusion machine on a day when wildfire smoke was not restricting visibility. On the one hand, I had a newfound sense of hope about the possibility of fusion energy. This is the Polaris Injector Test, where Helion Energy is building a component piece of the seventh generation fusion machine.
☆ Palm oil is in almost everything, and it's devastating rainforests. This Bill Gates-backed company used microbes to create an alternative
  + stars: | 2022-11-03 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +11 min
Palm oil grows best in the regions right around the equator, so palm oil producers chop down rainforest and clear that felled vegetation by burning it, making it a prime target of conservation organizations like the Rainforest Rescue and the World Wildlife Fund. Palm oil trees grow at the Cikasungka palm oil plantation, operated by PT Perkebunan Nusantara VIII, in Bogor Regency in West Java, Indonesia, on Monday, June 20, 2022. To make its palm oil alternative, C16 Biosciences uses a wild yeast microbe that makes a functional equivalent to palm oil with a kind of fermentation process. Photo courtesy: Cat Clifford, CNBCChemically, the palm oil that C16 Biosciences makes is not identical to the palm oil that is grown in industrial agriculture farms. However, "it contains the same fatty acids, which are the molecular fingerprints of fats and oils, that palm oil does," Heller told CNBC.
☆ Investor Vinod Khosla says focusing on 2030 climate targets is the wrong approach
  + stars: | 2022-10-25 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +7 min
Why Khosla thinks short-term goals are a mistakeFocusing on "short term goals will force us to deploy suboptimal technology," Khosla told CNBC. And if it doesn't do that, it's the wrong technology," Khosla told CNBC. Nuclear fusion is one example of the kind of breakthrough technology Khosla considers critical, but which will not be commercialized by 2030. "But I'm not interested in today's geothermal, because it is such a niche — it doesn't scale," Khosla told CNBC. And that's what we need," Khosla said.
☆ Bill Gates' climate investment firm will put more money into adapting to climate change
  + stars: | 2022-10-25 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +7 min
Eric Toone, one half of the investing committee at Breakthrough Energy, speaks to conference attendees at the breakthrough Energy Summit in Seattle on Wednesday October 19, 2022. Photo by Cat Clifford, CNBCSEATTLE — Breakthrough Energy Ventures, the climate technology investment firm started by Microsoft co-founder Bill Gates, will begin to invest more in companies that help people and businesses adapt to the consequences of climate change. "We're left with adaptation," Toone told the audience. But Breakthrough Energy Ventures is most certainly not a philanthropic organization. And in the past, the Gates Foundation has done a lot of work on adaptation," Toone told a group of reporters in a media briefing in Seattle.
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