Reversing Climate Change

347: This Entrepreneur Holds the Record for Two Exits in Carbon Removal. What Does He Think Is Next for CDR?—w/ Jim McDermott, Rusheen Capital Management LLC


Listen Later

Carbon removal only has a few exits. Today’s guest was involved in two of them, and he’s bringing his lessons.

Jim McDermott is the founder and CEO of Rusheen Capital Management, LLC, an investment firm that makes a few early-stage bets and works with companies much more closely than most investors do. He's had a long and storied career in energy and as the founder and CEO of Stamps.com.

Jim shares his lessons from exiting 1PointFive and Carbon Engineering to Occidental Petroleum (who also just bought Holocene, another direct air capture company). He lays out his case for alternatives to the classical venture approach, and proposes a new philanthropic model he believes has a chance of filling in carbon removal’s (in)famous demand gap.

Listen in to lessons for entrepreneurs during tough times and Jim's predictions for direct air capture and the carbon removal sector as a whole.

This Episode's Sponsor

⁠⁠Arbonics⁠⁠

⁠⁠Listen to the RCC episode with Lisett Luik from Arbonics⁠⁠

Resources

⁠⁠⁠⁠Become a paid subscriber of Reversing Climate Change⁠⁠

Rusheen Capital Management, LLC

1PointFive

Carbon Engineering

Occidental Petroleum

Holocene

"Why Oxy’s Acquisition Of Holocene Signals A Maturing Carbon Removal Industry" at Forbes, by Phil de Luna

...more
View all episodesView all episodes
Download on the App Store

Reversing Climate ChangeBy Carbon Removal Strategies LLC

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

271 ratings


More shows like Reversing Climate Change

View all
On the Media by WNYC Studios

On the Media

9,090 Listeners

Climate One by Climate One from The Commonwealth Club

Climate One

566 Listeners

Energy Gang by Wood Mackenzie

Energy Gang

1,252 Listeners

Columbia Energy Exchange by Columbia University

Columbia Energy Exchange

387 Listeners

Interchange Recharged by Wood Mackenzie

Interchange Recharged

498 Listeners

Throughline by NPR

Throughline

15,916 Listeners

Outrage + Optimism: The Climate Podcast by Persephonica and Global Optimism

Outrage + Optimism: The Climate Podcast

460 Listeners

Inevitable by an MCJ podcast

Inevitable

168 Listeners

All Things Sustainable (formerly ESG Insider) by S&P Global

All Things Sustainable (formerly ESG Insider)

55 Listeners

Climate Rising by Harvard Business School Business & Environment Initiative

Climate Rising

76 Listeners

Volts by David Roberts

Volts

585 Listeners

The Green Blueprint by Latitude Media

The Green Blueprint

207 Listeners

Catalyst with Shayle Kann by Latitude Media

Catalyst with Shayle Kann

260 Listeners

Zero: The Climate Race by Bloomberg

Zero: The Climate Race

195 Listeners

Open Circuit by Latitude Media

Open Circuit

122 Listeners