Living in Peace and Wisdom on our Planet

  My Profile  Log In   Register Free Now   
Living in Peace and Wisdom on our Planet Planet Thoughts Advanced       Click to see one of our videos, chosen at random from the database, along with its PlanetThought
 Try a video
Home   About   Books&Media   Resources   Contact  
   News   Quote   Review   Story   Tip   All   Blogs   News   Quotes   Reviews   Stories   Tips
Get Email or Web Quotes
or use our RSS feeds:
New Feed:  Fossil Fuel
 Full  Blog  News
Read & Comment:
A Solar Community In Isr...
'Let's You And Him Fight...
Paul Krugman's Errors An...
Why Climate Change Is An...

Most recent comments:
From Farm To Fork
A Simple List: Things We...
Can the affluent rest at...

Bookmark the site
Contribute $
Easy link from your site
Visit Second Life
Visit SU Blog

News item: DOE Hires A VC For The Green FDR

    Email a Friend     See Related

0 comments   Add a comment   Contributor:  dotcommodity (Nov-19-2009)
Optimism: 3 Categories: Economic/Financial, Renewable Energy Sources, Sustainable Living

Venture capitalist Steve Jurvetson; published by BnetUnder the new Green FDR administration of President Obama, there has been such an increase in renewable technologies funding, that keeping up with qualifying and selecting the best of the best in innovative new renewable energy tech is overwhelming the Department of Energy.

So Nobel prize-winning scientist Steven Chu of the DOE has hired a professional venture capitalist to help run the DOE renewable energy loan guarantee program. VC Jonathan Silver of Core-Capital Partners will help the DOE eliminate the so-called "Valley of Death" between the university lab and commercialization of groundbreaking renewable technologies.

President Obama had hired Steven Chu to bridge the gap between between unknown geniuses in university labs and the hungry VC's searching for the next big thing. But the process of filtering through the pent-up supply of potential is overwhelming.

Our newly ramped up Department of Energy is having a hard time whisking out loan guarantees fast enough to keep up with both the demand for and the supply of these highly competitive DOE and ARPA-E awards.

To help speed up the processing, the Department of Energy has hired a former managing general partner at Core-Capital Partners who began his career at energy efficiency consultancy McKinsey&Co and through the 1990's served as policy advisor to the Secretaries of Commerce, Interior and Treasury.

As Executive Director, Jonathan Silver will report directly to Secretary Steven Chu. As he describes himself at Washington Biz Journals: "There aren't an enormous number of people who understand both private equity investment and government — how the sausage of public policy is made, where the opportunities are and how to access them".

Silver's responsibilities will cover staffing the programs and leading origination, analysis, and negotiation, and managing the full range of the Department's alternative energy investments.

Related reading:
  Why Should Nuke Guarantees Cost Less Than Home O... (Jul-5-2012)
  Protective Flood Berm Collapse At Ft Calhoun Nuc... (Jun-28-2011)
  Keep Calm And Carry On (May-24-2011)
  Will The Nuclear Power Industry Melt Down? (Apr-29-2011)
  Leadership And Compromise: Two Presidents (Nov-9-2010)
  "Never before in all our history have these force..." (Nov-9-2010)
  Could A Solar Green White House Finally Face The... (Oct-15-2010)
  Up To 80% Of BP Oil Still In The Gulf, Say Scien... (Aug-19-2010)
  The Greening Of Labor Day (Jul-1-2010)
  Apocalypse In The Gulf Now (Oil) & Next (Nukes) (Jun-9-2010)

Click one tag to see readings related specifically to that tag; click "Tags" to see all related readings
^ top
Add a comment    
  Follow the comments made here? 
  (Please log in or register free to follow comments)

^ top 
About contributor Member: dotcommodity (Susan Kraemer) dotcommodity (Susan Kraemer)

Member: dotcommodity (Susan Kraemer) I write about the solutions for the fix that humanity finds itself in with climate change and the end of the oil age, and about renewable energy and climate change and sustainable living for several online publications.

Visit Green Wave Email Marketing
Email Marketing for You and Your Planet

We won a Gotham Green Award for 2010, on Earth Day! Thank you Gotham Networking for this award.

See the attractive event brochure.

Recommended Sites

  Member of:
GOtham Green networking
Green Collar Economy
New York Academy of Sciences
Shades of Green Network

     Members/Affiliates *

Approaching the Limits
    to Growth
Environmental News Network
Heroin and Cornflakes

* Members of PlanetThoughts      
  communities on SU or MBL,      
  and blog article affiliates      

  Other Favorite Blogs
21st Century Citizen
Center for Bio. Diversity
Easy Ways to Go Green
Good Bags
Opposing Views

Valid my RSS feeds

We Do Follow

  Volunteer      Terms of Use      Privacy Policy  

Copyright © 2021 All Rights Reserved.
Except for blog items by David Alexander: Some Rights Reserved.