Happy Friday! And welcome back to The Rundown.
1. America’s Next Revolution: Clean Industrial Summit
By 2030, the industrial sector will be the top source of emissions, more than the power and transportation sectors. On Wednesday, July 19, ClearPath and Clean Air Task Force are hosting a summit to talk about how we can accelerate innovative clean energy technologies.
The summit will feature U.S. Department of Energy Deputy Secretary David Turk, Senator Shelley Moore Capito (R-WV), in addition to industrial sector innovators, experts, policymakers, and more.
Event kicks off with an 8:00 am networking breakfast, followed by a series of speakers and panels (with breaks!). Find the full agenda here.
What’s clear: One of the biggest global environmental policies we can all get behind is bringing more manufacturing and more energy production back to the United States because our environmental standards are superior. Breakthrough industrial technologies featured at this summit will help put us on the path to bring more manufacturing back to the U.S.
2. Oklo to go public via merger with AltC
Advanced nuclear energy company Oklo intends to go public partnering with AltC Acquisition Corporation, signaling more demand for nuclear energy from investors.
The company will be listed on the New York Stock Exchange as “OKLO”
The transaction values Oklo at $850 million
What’s clear: Nuclear energy is clean and reliable, and deals like this will lead to more commercialization. Oklo is among one of the first companies aiming to bring new nuclear power to market this decade. See more from Oklo.
3. Nuclear power, job potential gets main stage at Aspen Ideas
Pictured above: ClearPath CEO Rich Powell, Governor Mark Gordon of Wyoming, and TerraPower CEO Chris Levesque
Speaking of nuclear energy…this technology is now getting positive main-stage attention at conferences like the Aspen Ideas Festival. ClearPath Chief Executive Officer Rich Powell joined TerraPower CEO Chris Levesque and Wyoming Governor Mark Gordon to highlight the job potential.
4. Exxon Mobil Corp. acquisition in Plano, Texas
Exxon Mobil Corp. is expected to purchase enhanced oil recovery specialist Denbury Inc., based in Plano, TX, for $4.9 billion — Exxon’s biggest acquisition in six years.
This acquisition will grant Exxon the largest network of carbon dioxide pipelines in the U.S.
What’s clear: Carbon dioxide pipelines are a vital tool for clean energy technologies as they are the most efficient method for transporting large quantities over long distances.
5. National Review Institute Communicators’ Workshop
ClearPath’s Chief External Affairs Officer Luke Bolar joined the National Review Institute’s 2023 William F. Buckley Communicators’ Workshop to lead several sessions on responsible advertising and earned media in today’s political environment.
The NRI Conference attracts students from across the country to learn how to communicate in the style of William F. Buckley, founder of the National Review Magazine, who is known for leading debates with persuasive dialogue and civil discourse.
6. ICYMI
The U.S. Department of Energy announced $23.4 million in funding for 16 carbon management technology projects across the United States.
AirMiners launched a $250,000 “Kiloton” fund to buy carbon credits from startups at a discount.
Low-carbon concrete producer CarbonCure secures $80M in a new equity round.
7. Coming down the pipeline
Tuesday, July 18 – The 2023 Renewable Energy Expo will showcase carbon reduction technologies and solutions. Jeremy Harrell is a featured speaker.
Tuesday, July 18 – Rayburn House Office Building, 5-7 pm: ARPA-E Energy Innovation Showcase hosted by the Bipartisan Policy Center and ClearPath on the Hill. RSVP here.
Thursday, July 20 – The Center for Strategic & International Studies will host an event to launch a new report with recommendations to increase critical minerals security for the United States.
That’s all from us. Thanks for reading and have a great weekend!
