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The Gist
The Gist is the monthly newsletter of The Ad Hoc Group that covers everything at the intersection of climate tech and policy. Subscribe at the link here to have The Gist mailed to your inbox each month.
The Ad Hoc Gist: Can States Defend and Advance Climate Progress?
Now that Congress has gutted much of the Inflation Reduction Act, attention turns back to the states that have historically provided a “climate firewall” when the federal government backslides.
In 2016 when Trump was first elected, climate-forward states united in common cause to flex the power that the federalist system gave them to continue to drive the energy transition forward.
In this month’s Gist, we interview Will Toor, who leads Colorado Governor Polis’ energy office, to find out if states will step up again and what’s different about 2025.
The Ad Hoc Gist: Can Utilities Learn to Innovate Faster?
Utilities have struggled to adopt new technologies quickly and are known to pilot tech startups out of business. As a result, investors often avoid investing in startups that sell to utilities.
But utilities need to innovate now more than ever. There is no way to achieve the goals of the energy transition, meet rising electricity demand from AI, and address the threats posed by climate change without significant innovation in the utility sector.
In this month’s Gist, we interviewed Larry Bekkedahl, senior vice president of advanced energy delivery at Portland General Electric (PGE), Oregon’s largest utility, which has gone from last to first in utility innovation. We discussed how PGE did it, and why it has been an imperative for the company.
The Ad Hoc Gist: Is the US Sabotaging the $250B Carbon Removal Opportunity?
Carbon removal is in temporary panic mode as the Trump administration injects uncertainty into this nascent market. It doesn’t need to be this way.
In this month’s Gist, my colleagues Annie Gilleo and Myron Lam argue why America should continue to “dominate” this market and not cede its jobs and technological advancements to Asia and Europe, and how states can step up to fill the temporary gap.
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People as Moat – Ad Hoc Expands into Search
In climate tech, we talk a lot about, well, technology. But talk with most CEOs and they’ll share that the hardest part of their job is figuring out how to hire and retain the right people. In my experience, a company’s ability to hire and effectively onboard the right people is what differentiates successful businesses from those that falter. Because, as a CEO, you can have a great vision, but if you don’t have the right people, you can’t execute it.
Press
Silicon Valley Bank Collapse Could Slow the Transition to Clean Energy
The bank cast a wide shadow over climate tech, with half the start-ups in the sector doing business with it.
The collapse of Silicon Valley Bank has created new challenges not just for the nation’s banking system, but also for the Biden administration’s climate agenda, following a harrowing weekend in which many major clean tech companies faced insolvency.
Investors Putting Billions Into Climate Tech Don’t Plan to Stop
Bill Gates is worried about a dark period ahead for the global economy. “We’re going to go through a winter period for a number of years,” he warned a room full of go-getting green entrepreneurs last week, lamenting at a TechCrunch event that their success had come up against bad timing.
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