Make something bankers want Or what I learned at Developer U

Equity investment made founders think of money as an input that allows them to find and serve their customers. Project finance scrambles this mental map, asking founders to think of the product as an input that allows them to serve banks.

More here:

open.substack.com/pub/peteroli...

long way from Scott money, but yep

Stop deadnaming The Gulf of America!!

best decarbonization events in 2025, go

I have a new analysis over at The Climate Brink exploring how rates of warming have changed over the past century.

Post-1970, GHGs (CO2, CH4, etc.) would have led to just under 0.2C per decade, but falling aerosols (SO2) have increased that rate to 0.25C. www.theclimatebrink....

These kind of anecdotes risk turning me into a Price Sicko. Yes, I have read (and written) a thousand different warnings about how solving climate change isn’t as simple as pricing the externality*, and yet when one beholds the shining glory of a fully operational Pigouvian battle tax in action…

I'm not one for coinage, alas. something like climate action + self interest.

aligned climate action?
profitable climate action?
greedy climate action?

(imo, this is good.)

end of the Should Era in climate

dang, and, I like that guy

the climate finance companies that define the 2030s get founded right now

I think this framing "x won't solve climate change" is over. Progress is the only thing that matters, and all progress is valuable.

If the argument is that solar paint won't ever matter and is absorbing money and attention that *is transferable* into other tech/product/interest, then say that.

What's Coming: Peak Oil, Maximum LNG and Ethanol, State Violence, the CCS Boom, and a Lot More Climate Litigation I haven't sent out a newsletter for a couple of weeks, partly because I'm working on a book that's due in February, which is keeping me even busier than usual, but also because I didn't want to write ...

No minced words in @amywestervelt.bsky.social's latest, driving home what the carbon capture boom is really about for the oil industry: a way to get government subsidies to pad the industry's increasing reliance on enhanced oil recovery as oil reserves decline.

drilled.ghost.io/on-peak-oil-...

eyyyy congrats @peterminor.bsky.social on the launch!

JPMorgan gives green energy finance ratio for the first time The United States' biggest lender JPMorgan provided $1.29 in financing to green energy for every dollar backing high-carbon energy supply in 2023, executives told Reuters, the first time it has released the figure.

great start. would love to see the financed emissions vs financed emissions reductions math tho

www.reuters.com/sustainabili...

if I was Trump, I would *love* that

so that's where I end up too. and I think, frankly, if the gov't says "fine, we'll make the insurers whole too" or soak up risk/cost then the market will go along with it

strikes me as pretty likely as it's such a win at the ballot box

and lol at "cakeism"

I mean, NFIP already exists, so it can't be zero

Afaik, NFIP only covers 250k, and is pretty narrow. It would seem politically expedient to allow people living in areas of climate risk (who generally don't support broad climate action) that generally vote R to not bear those implied costs. Expanding NFIP probably buys votes, imo

our ancestors accomplished more, with less, against worse. stay locked in.

how likely do you think it is that Trump will nationalize homeowners insurance to transfer costs of climate change from the rich and less at-risk urban north to the poorer and more disaster-exposed southeast?

goals:
- decouple: GDP and emissions
- couple: emissions measurement and emissions reductions

a decent proxy for durable climate policy strikes me as proximity to 1) O&G interests, 2) giveaways to swing state special interests (i.e. corn farmers mean that SAF policy is probably safe. Or, O&G integration means DAC and hydrogen subsides look safe)

imo, faith in Elon as a savior of climate policy is misplaced, and would bet he's set on getting two things that would be much more valuable to him than subsides in the EV market he's rapidly losing:
1) dereg for his driverless cars
2) dereg for spacex launches

Opinion | Ladies and Gentlemen, the Northeast Is Burning We are being reminded the hard way that we share this world. Smoke knows no boundaries, and neither does fire.

while mitigation is hard to pay for, it's clear that there is an opportunity to do large-scale wildfire mitigation and fuel reduction in the northeast.

we don't have to make the same mistakes we made in the West.

www.nytimes.com/2024/11/18/o...

ebikes rock

oh hell yeah, beautiful

noted, and will post here if/when I make one

anyone got a corporate decarbonization starter pack for me?

or, should I make one?

what are some career-making trades in decarbonization? who made their company a massive amount of money, and what did they do?

maybe early PPAs?