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“We all need to get our heads wrapped around more fire, in more places, at more times of the year.”
When I initially set out to interview Justin Angle, one of the authors of This Is Wildfire: How to Protect Yourself, Your Home, and Your Community in the Age of Heat, I’d expected we’d mostly be talking about California.
The forthcoming book is a practical guide and a history of living in the age of wildfires, and has been an invaluable resource in my own reporting on the subject. Written with environmental journalist Nick Mott, This Is Wildfire springs from the co-authors’ six-part 2021 podcast Fireline, and is shrewdly scheduled to be published on August 29, when western fire season really starts to pick up (you can preorder the book here).
Though midsummer is often considered “peak wildfire season,” it is September and October that are “far more destructive and burn through many more acres” due to the abundance of dried-out vegetation and blustery autumnal winds, the Western Fire Chiefs Association writes. In fact, the 2018 Camp Fire — the most deadly and destructive wildfire in California’s history — didn’t start until early November. But last week, as a benchmark for modern wildfire devastation, the Camp Fire was surpassed by the horrific wildfires in Maui; so far, there are 96 confirmed fatalities, a number that authorities expect to rise as search efforts continue.
When I spoke to Angle at the end of last week, we were both still reeling from the news. Our conversation touched on why the tragedy in Hawaii is “shocking but not surprising,” the practicalities of home-hardening and evacuation preparedness, and how Americans will need to come together to learn to live with wildfire. Our conversation has been lightly edited and condensed for clarity.
This Is Wildfire feels like a natural progression from your podcast, Fireline, but I wanted to go back before that, to when you first became interested in wildfires. What was — if you’ll excuse the pun — the spark?
It might not seem obvious; I’m a business school professor at the University of Montana. But when I moved here in 2012, it was a particularly bad fire and smoke year and I’d never really been exposed to those things in my life. Living through it for the first time, I quickly learned that fire plays a large role not only in the ecosystem here in the northern Rocky Mountains but also in the culture. Missoula is an epicenter for so much important fire work, whether it’s the smokejumper training center and the base, the Rocky Mountain research lab, or the Forest Service and the University of Montana College of Forestry and Conservation doing some really important fire science.
Many of the people I was meeting were prominent players doing important work on fire. So I set out to understand it myself and quickly realized that there seemed to be a lack of general understanding in the community. You know, you read about wildfires and there will be all kinds of vocabulary and jargon, “type three this,” “type one this,” “incident response team,” all sorts of stuff that seemed like gobbly-gook to the average person. It seemed like there was a need for a general explainer. And I was a podcaster — I’d been doing a current affairs radio show for a few years at the time — and I thought about doing a single episode [on wildfire] and quickly realized that, wow, this is a much bigger project that needs journalistic treatment. I’m not trained in journalism so I teamed up with Nick [Mott], who’s an outstanding journalist, and we made Fireline together.
This has been a strange fire year so far, from the smoke event on the East Coast in June to the deadly fires in Maui this week. I have the uneasy sense that your book is going to be increasingly relevant to people who live beyond the traditional borders of the American West in the coming years. As an expert on the topic of wildfire, what are you making of all this?
It’s shocking but not surprising. If you think back to a very formative moment in our country’s relationship with fire, that was the Big Blowup in 1910 when 3 million acres burned [in the inland Northwest]. The smoke from that event blanketed New York City and caused a lot of folks living in that area to think a lot more about wildfire. So maybe we’re witnessing a similar moment where the smoke effects reach more people.
Fiery images in the media this time of year are common, but seeing it in a place that’s unusual, that people don’t associate with burning to the extent they’re seeing now — maybe it breaks through and helps. I mean, one of the big themes of the book is trying to help people imagine and grasp how they can be a part of solutions moving forward. Maybe this is a little motivation for people to, you know, not necessarily wake up, that might be too pejorative a framing, but for fire to be more on the radar screen and for folks to think, Oh, this is a thing that I should be more cognizant of and be thinking about protecting myself and my family from.
One of the really scary things we saw in the Maui fire was how little time people had to evacuate, in part because the fire spread so quickly and unpredictably due to the high winds. In writing a guide for wildfires, what did you want your readers to understand about what they should do in the seconds and minutes after getting an evacuation alert?
First off, be tuned in to all those sources of information. Be signed up for evacuation notices and air quality notices. How that information is disseminated varies a lot from locality to locality. It’s often organized at the county level, but it’s hard to give a one-size-fits-all recommendation; you really have to investigate it in your own area. But that’s absolutely worth the effort, it’s critical.
In the book, we talk about a simple thing called a go bag. If you live in wildfire-prone lands, or any place where natural disaster is a risk — and that’s almost everywhere now — have a go bag with your essential items ready to go. If you need to scramble out the door in moments, it’s ready with your critical items. And it helps put you in that mindset of preparedness.
The other thing for homeowners, with a wind-driven fire — in Maui, I don’t know exactly how much of this occurred — but one of the biggest risks to homes is floating embers finding a weak spot in your home, whether that’s some pine needles in your gutter, or a wooden roof, or some spare wood under your deck. Understand the risks to your home and how they manifest and the work you can do to make your home safer. That could provide a margin of safety and protection that, as a homeowner, you have a lot of control over. Understand how home ignitions work and how they can be prevented with sound maintenance and in some communities, better zoning and better construction and better materials. Some of it is very much accessible to the individual and some of it is going to take more change at the system and policy level.
How close to your home does a wildfire have to be in order to be considered a threat? When should someone start to follow the progress and alerts?
I would advise any distance, and what I mean by any distance is a couple of considerations. If a fire is throwing smoke into your breathing air, then you should be paying attention, you should be in tune with the air quality ratings and how that has an effect on your health, and you should be moderating your activities according to the air quality.
The studies on embers and how far they can float — it’s up to two miles in some of the studies, although some of these fires are creating more intense wind systems. I don’t think I’d want to put a number on it. If there’s a fire within 20 miles of my home, I’m paying attention to it for sure. It’s most likely throwing smoke my way and these fires can spread really fast.
Understanding not only the distance away, but: What are the prevailing wind patterns? What’s the landscape like between your home and the fire? And how much vegetation is there? What areas of defense are there — existing burn scars or areas that have been thinned from previous work by the Forest Service? What sort of access does the Forest Service and other agencies have to that area? So a few different things make it hard to say, like, “This is the number,” but if you’re getting smoke from a fire, generally speaking, it’s close enough for you to be paying attention.
In the book you write, “When [fire is] on the news, it’s nearly always an enemy — something wreaking havoc that we must put an end to.” How should people who write about and cover wildfires rethink the narrative?
Fire is a scary thing and it’s a scary thing for good reason: It can cause tremendous loss of life and property. But I think the notion that it’s always this terrible thing that we have to eradicate from the natural world is, one, incorrect, and two, impossible.
We got really good at suppressing fire for a really long time — so much so that the public expected it to be this thing that the government did for us. Clearly, seeing by the intensity of many of these fires we’re experiencing, that is no longer the case. These fires, if they get out of hand, nobody can control them.
And the other piece of that is: A certain amount of fire is needed. We actually need more fire at the right times of the year in the right places to create more balance in the ecosystem. Our forests will be more resilient to fire; there will be better species health. Some species of trees and animals require fire to germinate, to be healthy. And so I think framing fires as an enemy, as this imminently scary thing, has had some consequences that we now need to think through a little bit more and with a little bit more complexity.
How do you tell the difference between a good and bad fire?
A fire that can burn without creating any risk to human values, homes, and life; a fire that can rejuvenate a forest, clean out the understory, thin out the trees, and create defensible space for future fires to run into or for firefighters to base operations out of — they’re called “resource benefit fires” by the agencies. The takeaway is that not all fire is bad: some are good and in general, we need more of them.
We need to accept that, and also be more accepting of smoke from prescribed fires at different times than we expect it. Here in Missoula, people commonly expect August to be a smoky time of the year and we brace ourselves for it. But sometimes when we get smoke in May, people get cranky, people get upset, and they might even get a little PTSD. Like, “Oh my gosh, is my summer gonna be ruined.” And you know, the truth of the matter is maybe some smoke in those times, when it’s safer to do prescribed burns, is something we need to adapt to. A lot of times, the smoke from prescribed burns or lower-intensity fires is much less concentrated and much shorter in duration. So cumulative exposure to smoke — even though any exposure can have consequences — might lead to better air quality in general if it is spread across a wider period of time.
That was one of the parts of the book that was both very surprising to me and also a lightbulb moment. I can’t remember what the quote was exactly, but it was something along the lines of, like, You’re going to have smoke one way or the other. Do you want it from a megafire, and to have that horrible choking thick smoke, or from a lower intensity burn?
That’s a quote the Forest Service uses commonly and it’s attributable, to the best of my knowledge, to Mark Finney, a scientist based out here in Missoula. He basically says: “How do you want your smoke and when do you want it?” I mean, you’re going to get it regardless.
One of the things we talked about in the book is the relationship between the climate and fire; higher temperatures mean more fire. If you were to look at the historical relationship between temperature and fire, we’re actually in a fire deficit. You would expect to see more fire right now. That’s largely attributable to our suppression. So that doesn’t necessarily mean what we’re seeing in Maui is the new normal, but I think we all need to get our heads wrapped around more fire, in more places, at more times of the year.
A major theme of This Is Wildfire is that we need to tackle these problems as a community, even when that runs against the rugged individualism and libertarian bent of much of the rural West. Are you optimistic that wildfires are something we can come together on?
I think so, mostly because I think we have to. The fire doesn’t care who you voted for if comes for you and your home. And though there is a sense of rugged individualism in the West, there’s also often a spirit of community, particularly in rural areas.
There are things that people can do at the individual level that we outlined in the book about making sure your home ignition zone is resilient to fire. But your efforts need to be part of a community effort. And that can just increase the need for neighborly relations and making fire more salient in community conversations. I’m optimistic that there is a pathway to more communication and coordination.
Where it gets a little thornier, I think, and where I’m still optimistic but maybe not as optimistic, is: Are we going to be able to have more productive conversations around zoning and building policies and saying, “Hey, is it a good idea to build in that place? Is it a good idea to rebuild in that place? Is that appropriate?”
Historically, particularly with wildfire, we’ve not done a good job of asking the hard questions of whether or not we should build in a certain place and how we should build in a certain place. We’re starting to see more and more of it with hurricanes and tornadoes in a variety of states with a variety of political sentiments, so I am optimistic that it can be done with fire and hopefully some of the fire events that we’re having are going to motivate the necessity for those types of hard conversations.
If there’s one thing readers walk away from your book understanding, what would you want that to be?
That not all fires are bad. Some are really beneficial and we actually, on balance, need more fire in the system. And doing so well, I think, gets us to a healthier place on a variety of levels.
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It’s not perfect, but pretty soon, it’ll be available for under $30,000.
Here’s what you need to know about the rejuvenated Chevrolet Bolt: It’s back, it’s better, and it starts at under $30,000.
Although the revived 2027 Bolt doesn’t officially hit the market until January 2026, GM revealed the new version of the iconic affordable EV at a Wednesday evening event at the Universal Studios backlot in Los Angeles. The assembled Bolt owners and media members drove the new cars past Amity Island from Jaws and around the Old West and New York sets that have served as the backdrops of so many television shows and movies. It was star treatment for a car that, like its predecessor, isn’t the fanciest EV around. But given the giveaway patches that read “Chevy Bolt: Back by popular demand,” it’s clear that GM heard the cries of people who missed having the plucky electric hatchback on the market.
The Bolt died at the height of its powers. The original Bolt EV and Bolt EUV sold in big numbers in the late 2010s and early 2020s, powered by a surprisingly affordable price compared to competitor EVs and an interior that didn’t feel cramped despite its size as a smallish hatchback. In 2023, the year Chevy stopped selling it, the Bolt was the third-best-selling EV in America after Tesla’s top two models.
Yet the original had a few major deficiencies that reflected the previous era of EVs. The most egregious of which was its charging speed that topped out at around 50 kilowatts. Given that today’s high-speed chargers can reach 250 to 350 kilowatts — and an even faster future could be on the way — the Bolt’s pit stops on a road trip were a slog that didn’t live up to its peppy name.
Thankfully, Chevy fixed it. Charging speed now reaches 150 kilowatts. While that figure isn’t anywhere near the 350 kilowatts that’s possible in something like the Hyundai Ioniq 9, it’s a threefold improvement for the Bolt that lets it go from 10% to 80% charged in a respectable 26 minutes. The engineers said they drove a quartet of the new cars down old Route 66 from the Kansas City area, where the Bolt is made, to Los Angeles to demonstrate that the EV was finally ready for such an adventure.
From the outside, the 2027 Bolt is virtually indistinguishable from the old car, but what’s inside is a welcome leap forward. New Bolt has a lithium-ion-phosphate, or LFP battery that holds 65 kilowatt-hours of energy, but still delivers 255 miles of max range because of the EV’s relatively light weight. Whereas older EVs encourage drivers to stop refueling at around 80%, the LFP battery can be charged to 100% regularly without the worry of long-term damage to the battery.
The Bolt is GM’s first EV with the NACS charging standard, the former Tesla proprietary plug, which would allow the little Chevy to visit Tesla Superchargers without an adapter (though its port placement on the front of the driver’s side is backwards from the way older Supercharger stations are built). Now built on GM’s Ultium platform, the Bolt shares its 210-horsepower electric motor with the Chevy Equinox EV and gets vehicle-to-load capability, meaning you’ll be able to tap into its battery energy for other uses such as powering your home.
But it’s the price that’s the real wow factor. Bolt will launch with an RS version that gets the fancier visual accents and starts at $32,000. The Bolt LT that will be available a little later will eventually start as low as $28,995, a figure that includes the destination charge that’s typically slapped on top of a car’s price, to the tune of an extra $1,000 to $2,000 on delivery. Perhaps it’s no surprise that GM revealed this car just a week after the end of the $7,500 federal tax credit for EV purchases (and just a day after Tesla announced its budget versions of the Model Y and Model 3). Bringing in a pretty decent EV at under $30,000 without the help of a big tax break is a pretty big deal.
The car is not without compromises. Plenty of Bolt fans are aghast that Chevy abandoned the Apple CarPlay and Android Auto integrations that worked with the first Bolt in favor of GM’s own built-in infotainment system as the only option. Although the new Bolt was based on the longer, “EUV” version of the original, this is still a pretty compact car without a ton of storage space behind the back seats. Still, for those who truly need a bigger vehicle, there’s the Chevy Equinox EV.
For as much time as I’ve spent clamoring for truly affordable EVs that could compete with entry-level gas cars on prices, the Bolt’s faults are minor. At $29,000 for an electric vehicle in the U.S., there is practically zero competition until the new Nissan Leaf arrives. The biggest threats to the Bolt are America’s aversion to small cars and the rapid rates of depreciation that could allow someone to buy a much larger, gently used EV for the price of the new Chevy. But the original Bolt found a steady footing among drivers who wanted that somewhat counter-cultural car — and this one is a lot better.
“Old economy” companies like Caterpillar and Williams are cashing in by selling smaller, less-efficient turbines to impatient developers.
From the perspective of the stock market, you’re either in the AI business or you’re not. If you build the large language models pushing out the frontiers of artificial intelligence, investors love it. If you rent out the chips the large language models train on, investors love it. If you supply the servers that go in the data centers that power the large language models, investors love it. And, of course, if you design the chips themselves, investors love it.
But companies far from the software and semiconductor industry are profiting from this boom as well. One example that’s caught the market’s fancy is Caterpillar, better known for its scale-defying mining and construction equipment, which has become a “secular winner” in the AI boom, writes Bloomberg’s Joe Weisenthal.
Typically construction businesses do well when the overall economy is doing well — that is, they don’t typically take off with a major technological shift like AI. Now, however, Caterpillar has joined the ranks of the “picks and shovels” businesses capitalizing on the AI boom thanks to its gas turbine business, which is helping power OpenAI’s Stargate data center project in Abilene, Texas.
Just one link up the chain is another classic “old economy” business: Williams Companies, the natural gas infrastructure company that controls or has an interest in over 33,000 miles of pipeline and has been around in some form or another since the early 20th century.
Gas pipeline companies are not supposed to be particularly exciting, either. They build large-scale infrastructure. Their ratemaking is overseen by federal regulators. They pay dividends. The last gas pipeline company that got really into digital technology, well, uh, it was Enron.
But Williams’ shares are up around 28% in the past year — more than Caterpillar. That’s in part, due to its investing billions in powering data centers with behind the meter natural gas.
Last week, Williams announced that it would funnel over $3 billion into two data center projects, bringing its total investments in powering AI to $5 billion. This latest bet, the company said, is “to continue to deliver speed-to-market solutions in grid-constrained markets.”
If we stipulate that the turbines made by Caterpillar are powering the AI boom in a way analogous to the chips designed by Nvidia or AMD and fabricated by TSMC, then Williams, by developing behind the meter gas-fired power plants, is something more like a cloud computing provider or data center developer like CoreWeave, except that its facilities house gas turbines, not semiconductors.
The company has “seen the rapid emergence of the need for speed with respect to energy,” Williams Chief Executive Chad Zamarin said on an August earnings call.
And while Williams is not a traditional power plant developer or utility, it knows its way around natural gas. “We understand pipeline capacity,” Zamarin said on a May earnings call. “We obviously build a lot of pipeline and turbine facilities. And so, bringing all the different pieces together into a solution that is ready-made for a customer, I think, has been truly a differentiator.”
Williams is already behind the Socrates project for Meta in Ohio, described in a securities filing as a $1.6 billion project that will provide 400 megawatts of gas-fired power. That project has been “upsized” to $2 billion and 750 megawatts, according to Morgan Stanley analysts.
Meta CEO Mark Zuckerberg has said that “energy constraints” are a more pressing issue for artificial intelligence development than whether the marginal dollar invested is worth it. In other words, Zuckerberg expects to run out of energy before he runs out of projects that are worth pursuing.
That’s great news for anyone in the business of providing power to data centers quickly. The fact that developers seem to have found their answer in the Williamses and Caterpillars of the world, however, calls into question a key pillar of the renewable industry’s case for itself in a time of energy scarcity — that the fastest and cheapest way to get power for data centers is a mix of solar and batteries.
Just about every renewable developer or clean energy expert I’ve spoken to in the past year has pointed to renewables’ fast timeline and low cost to deploy compared to building new gas-fired, grid-scale generation as a reason why utilities and data centers should prefer them, even absent any concerns around greenhouse gas emissions.
“Renewables and battery storage are the lowest-cost form of power generation and capacity,” Next Era chief executive John Ketchum said on an April earnings call. “We can build these projects and get new electrons on the grid in 12 to 18 months.” Ketchum also said that the price of a gas-fired power plant had tripled, meanwhile lead times for turbines are stretching to the early 2030s.
The gas turbine shortage, however, is most severe for large turbines that are built into combined cycle systems for new power plants that serve the grid.
GE Vernova is discussing delivering turbines in 2029 and 2030. While one manufacturer of gas turbines, Mitsubishi Heavy Industries, has announced that it plans to expand its capacity, the industry overall remains capacity constrained.
But according to Morgan Stanley, Williams can set up behind the meter power plants in 18 months. xAI’s Colossus data center in Memphis, which was initially powered by on-site gas turbines, went from signing a lease to training a large language model in about six months.
These behind the meter plants often rely on cheaper, smaller, simple cycle turbines, which generate electricity just from the burning of natural gas, compared to combined cycle systems, which use the waste heat from the gas turbines to run steam turbines and generate more energy. The GE Vernova 7HA combined cycle turbines that utility Duke Energy buys, for instance, range in output from 290 to 430 megawatts. The simple cycle turbines being placed in Ohio for the Meta data center range in output from about 14 megawatts to 23 megawatts.
Simple cycle turbines also tend to be less efficient than the large combined cycle system used for grid-scale natural gas, according to energy analysts at BloombergNEF. The BNEF analysts put the emissions difference at almost 1,400 pounds of carbon per megawatt-hour for the single turbines, compared to just over 800 pounds for combined cycle.
Overall, Williams is under contract to install 6 gigawatts of behind-the-meter power, to be completed by the first half of 2027, Morgan Stanley analysts write. By comparison, a joint venture between GE Vernova, the independent power producer NRG, and the construction company Kiewit to develop combined cycle gas-fired power plants has a timeline that could stretch into 2032.
The Williams projects will pencil out on their own, the company says, but they have an obvious auxiliary benefit: more demand for natural gas.
Williams’ former chief executive, Alan Armstrong, told investors in a May earnings call that he was “encouraged” by the “indirect business we are seeing on our gas transmission systems,” i.e. how increased natural gas consumption benefits the company’s traditional pipeline business.
Wall Street has duly rewarded Williams for its aggressive moves.
Morgan Stanley analysts boosted their price target for the stock from $70 to $83 after last week’s $3 billion announcement, saying in a note to clients that the company has “shifted from an underappreciated value (impaired terminal value of existing assets) to underappreciated growth (accelerating project pipeline) story.” Mizuho Securities also boosted its price target from $67 to $72, with analyst Gabriel Moreen telling clients that Williams “continues to raise the bar on the scope and potential benefits.”
But at the same time, Moreen notes, “the announcement also likely enhances some investor skepticism around WMB pushing further into direct power generation and, to a lesser extent, prioritizing growth (and growth capex) at the expense of near-term free cash flow and balance sheet.”
In other words, the pipeline business is just like everyone else — torn between prudence in a time of vertiginous economic shifts and wanting to go all-in on the AI boom.
Williams seems to have decided on the latter. “We will be a big beneficiary of the fast rising data center power load,” Armstrong said.
On billions for clean energy, Orsted layoffs, and public housing heat pumps
Current conditions: A tropical rainstorm is forming in the Atlantic that’s forecast to barrel along the East Coast through early next week, threatening major coastal flooding and power outages • Hurricane Priscilla is weakening as it tracks northward toward California • The Caucasus region is sweltering in summer-like heat, with the nation of Georgia enduring temperatures of up to 93 degrees Fahrenheit in October.
Base Power, the Texas power company that leases batteries to homeowners and taps the energy for the grid, on Tuesday announced a $1 billion financing round. The Series C funding is set to supercharge the Austin-based company’s meteoric growth. Since starting just two years ago, Base has deployed more than 100 megawatts of residential battery capacity, making it one of the fastest growing distributed energy companies in the nation. The company now plans to build a factory in the old headquarters of the Austin American-Statesman, the leading daily newspaper in the Texan capital. The funding round included major investors who are increasing their stakes, including Valor Equity Partners, Thrive Capital, and Andreessen Horowitz, and at least nine new venture capital investors, including Lowercarbon, Avenir, and Positive Sum. “The chance to reinvent our power system comes once in a generation,” Zach Dell, chief executive and co-founder of Base Power, said in a statement. “The challenge ahead requires the best engineers and operators to solve it and we’re scaling the team to make our abundant energy future a reality.”
The deal came a day after Brookfield Asset Management, the Canadian-American private equity giant, raised a record $23.5 billion for its clean energy fund. At least $5 billion has already been spent on investments such as the renewable power operator Neoen, the energy developer Geronimo Power, and the Indian wind and solar giant Evren. “Energy demand is growing fast, driven by the growth of artificial intelligence as well as electrification in industry and transportation,” Connor Teskey, Brookfield’s president and renewable power chief, said in a press release. “Against this backdrop we need an ‘any and all’ approach to energy investment that will continue to favor low carbon resources.”
Orsted has been facing down headwinds for months. The Danish offshore wind giant has absorbed the Trump administration’s wrath as the White House deployed multiple federal agencies to thwart progress on building seaward turbines in the Northeastern U.S. Then lower-than-forecast winds this year dinged Orsted’s projected earnings for 2025. When the company issued new stock to fund its efforts to fight back against Trump, the energy giant was forced to sell the shares at a steep discount, as I wrote in this newsletter last month. Despite all that, the company has managed to raise the money it needed. On Wednesday, The Wall Street Journal reported that Orsted had raised $9.4 billion. Existing shareholders subscribed for 99.3% of the new shares on offer, but demand for the remaining shares was “extraordinarily high,” the company said.
That wasn’t enough to stave off job cuts. Early Thursday morning, the company announced plans to lay off 2,000 employees between now and 2027. The cuts represented roughly one-quarter of the company’s 8,000-person global workforce. “This is a necessary consequence of our decision to focus our business and the fact that we'll be finalizing our large construction portfolio in the coming years — which is why we'll need fewer employees,” Rasmus Errboe, Orsted’s chief executive, said in a statement published on CNBC. "At the same time, we want to create a more efficient and flexible organization and a more competitive Orsted, ready to bid on new value-accretive offshore wind projects.”
California Governor Gavin Newsom. Mario Tama/Getty Images
California operates the world’s largest geothermal power station, The Geysers, and generates up to 5% of its power from the Earth’s heat. But the state is far behind its neighbors on developing new plants based on next-generation technology. Most of the startups racing to commercialize novel methods are headquartered or building pilot plants in states such as Utah, Nevada, and Texas. A pair of bills to make doing business in California easier for geothermal companies was supposed to change that. Yet while Governor Gavin Newsom signed one statute into law that makes it easier for state regulators to certify geothermal plants, he vetoed a permitting reform bill to which the industry had pegged its hopes. “Every geothermal developer and energy org I talked to was excited about this bill,” Thomas Hochman, who heads the energy program at the right-leaning Foundation for American Innovation, wrote in a post on X. “The legislature did everything right, passing it unanimously. They even reworked it to accommodate certain classic California concerns, such as prevailing wage requirements.”
In a letter announcing his veto, the governor claimed that the law would have added new fees for geothermal projects. But an executive at Zanskar — the startup that, as Heatmap’s Katie Brigham reported last month, is using new technology to locate and tap into conventional geothermal resources — called the governor’s argument “weak sauce.” Far from burdening the industry, Zanskar co-founder Joel Edwards said on X, “this was a clean shot to accelerate geothermal today, and he whiffed it.”
Last month, Generate Capital trumpeted the appointment of its first new chief executive in its 11-year history as the leading infrastructure investment firm sought to realign its approach to survive a tumultuous time in clean-energy financing. Less publicly, as Katie wrote in a scoop last night, it also kicked off company-wide job cuts. In an interview with Katie, Jonah Goldman, the firm’s head of external affairs, said the company “grew quickly and made some mistakes,” and now planned to lay off 50 people.
Generate once invested in “leading-edge technologies,” according to co-founder Jigar Shah, who left the firm to serve as the head of the Biden-era DOE Loan Programs Office. That included investments in projects involving fuel cells, anaerobic digesters, and battery storage. But from the outside, he said on the Open Circuits podcast he now co-hosts, the firm appears to have moved away from taking these riskier but potentially more lucrative bets. “They ended up with 38 people in their capital markets team, and their capital markets team went out to the marketplace and said, Hey, we have all this stuff to sell. And the people that they went to said, Well, that’s interesting, but what we really would love is boring community solar.”
Three of New England’s largest public housing agencies signed deals with the heat pump manufacturer Gradient to replace aging electric heaters and air conditioners with the company’s 120-volt, two-way units that provide both heating and cooling. The Boston Housing Authority, New England’s largest public housing agency, will kick off the deal by installing 100 all-weather, two-way units that both heat and cool at the Hassan Apartments, a complex for seniors and adults with disabilities in Boston’s Mattapan neighborhood. The housing authorities in neighboring Chelsea and Lynn — two formerly industrial, working-class cities just outside Boston — will follow the same approach.
Public housing agencies have long served a vital role in helping to popularize new, more efficient appliances. The New York City Housing Authority, for example, is credited with creating the market for efficient mini fridges in the 1990s. Last year, NYCHA — the nation’s largest public housing system — signed a similar deal with Gradient for heat pumps. Months later, as Heatmap’s Emily Pontecorvo exclusively reported at the time, NYCHA picked a winner in its $32 million contest for an efficient new induction stove for its apartments.
Three chemists — Susumu Kitagawa, Richard Robson, and Omar Yaghi — won the Nobel Prize for “groundbreaking discoveries” that "may contribute to solving some of humankind’s greatest challenges, from pollution to water scarcity.” Just a few grams of the so-called molecular organic frameworks the scientists pioneered could have as much surface area as a soccer field, which can be used to lock gas molecules in place in carbon capture or harvest freshwater from the atmosphere.