Tuesday, 21 October 2014
Last updated 2 hours ago
Feb 18 2009 | 9:16am ET
C12 Energy has raised $4.5 million from Sequoia Capital and other undisclosed investors for its work in reducing the costs of routine carbon sequestration.
According to VentureWire, little is known about the stealth start-up’s technology, except that its chief scientist and co-founder, Kurt Zenz House, recently registered a patent for electrochemical weathering, a process that allows the ocean to effectively absorb carbon dioxide. Describing the process in the Environmental Science and Technology journal, House and co-authors said:
“By electrochemically removing hydrochloric acid from the ocean and then neutralizing the acid by reaction with silicate (volcanic) rocks, the researchers say they can accelerate natural chemical weathering, permanently transferring CO2 from the atmosphere to the ocean.”
C12 executives say commercialization of the project depends on placing a value on carbon emissions through widespread adoption of a carbon trading system.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...