Olivia Raimonde

New York

Private Credit and Direct Lending Reporter at Bloomberg News

I write about credit markets and corporate finance @business. CUNY @newmarkjschool alum. Views are my own | Tips to: [email protected]

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Articles

Musk-Backed XPRIZE Awards $100 Million for Carbon Capture (1)

23 hours ago | news.bloomberglaw.com | Olivia Raimonde

After four years, the XPRIZE has winnowed down a list of 1,300 companies to choose the winners of its $100 million competition for startups that remove carbon from the atmosphere. The teams in the competition hailed from 88 countries, reflecting the geographic diversity of carbon cleanup efforts. Houston-based Mati Carbon took home the $50 million grand prize for its technological advancements in what’s known as enhanced rock weathering.
Fashion Is Next Frontier for Clean Tech as Textile Waste Mounts

1 day ago | news.bloombergtax.com | Olivia Raimonde

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Fashion Is Next Frontier for Clean Tech as Textile Waste Mounts

1 day ago | news.bloomberglaw.com | Olivia Raimonde

The $1.7 trillion fashion industry is a major polluter: By one estimate, it’s responsible for between 8% and 10% of annual greenhouse gas emissions, more than aviation and shipping combined. Clothes manufacturing relies on fossil-fuel-derived fibers like polyester and guzzles energy and water. And the churn of fast fashion means that many items are discarded soon after they’re purchased, which has contributed to eye-popping amounts of textile waste.
Fashion Is the Next Frontier for Clean Tech as Textile Waste Mounts

1 day ago | financialpost.com | Olivia Raimonde

(Bloomberg) — The $1.7 trillion fashion industry is a major polluter: By one estimate, it’s responsible for between 8% and 10% of annual greenhouse gas emissions, more than aviation and shipping combined. Clothes manufacturing relies on fossil-fuel-derived fibers like polyester and guzzles energy and water. And the churn of fast fashion means that many items are discarded soon after they’re purchased, which has contributed to eye-popping amounts of textile waste.
Fashion Is the Next Frontier for Clean Tech as Textile Waste Mounts

1 day ago | bloomberg.com | Olivia Raimonde

EverDye's R&D laboratory in Romainville, France. (Bloomberg) -- The $1.7 trillion fashion industry is a major polluter: By one estimate, it’s responsible for between 8% and 10% of annual greenhouse gas emissions, more than aviation and shipping combined. Clothes manufacturing relies on fossil-fuel-derived fibers like polyester and guzzles energy and water.
Elon Musk-Backed XPRIZE Awards $100 Million for Carbon Removal

1 day ago | financialpost.com | Olivia Raimonde

(Bloomberg) — After four years, the XPRIZE has winnowed down a list of 1,300 companies to choose the winners of its $100 million competition for startups that remove carbon from the atmosphere. The teams in the competition hailed from 88 countries, reflecting the geographic diversity of carbon cleanup efforts. Houston-based Mati Carbon took home the $50 million grand prize for its technological advancements in what’s known as enhanced rock weathering.
Musk Foundation-Backed XPRIZE Awards $100 Million for Carbon Removal

1 day ago | bloomberg.com | Olivia Raimonde

A farmer plucks shrubs in Uttar Pradesh, India. (Bloomberg) -- After four years, the XPRIZE has winnowed down a list of 1,300 companies to choose the winners of its $100 million competition for startups that remove carbon from the atmosphere. The teams in the competition hailed from 88 countries, reflecting the geographic diversity of carbon cleanup efforts.
REI Says It Made ‘Mistake’ Endorsing Burgum to Lead Interior

1 week ago | news.bloomberglaw.com | Olivia Raimonde

It’s rare for companies to make political endorsements. Perhaps even rarer is an endorsement retraction, but Recreational Equipment, Inc. made one last week when it said it had erred in supporting the nomination of Doug Burgum to lead the Interior Department. In January the retailer signed onto a letter from the Outdoor Recreation Roundtable supporting the nomination of Burgum, the former governor of North Dakota.
REI Says It Made a 'Mistake' by Endorsing Interior Secretary Doug Burgum

1 week ago | financialpost.com | Olivia Raimonde

(Bloomberg) — It’s rare for companies to make political endorsements. Perhaps even rarer is an endorsement retraction, but Recreational Equipment, Inc. made one last week when it said it had erred in supporting the nomination of Doug Burgum to lead the Interior Department. In January the retailer signed onto a letter from the Outdoor Recreation Roundtable supporting the nomination of Burgum, the former governor of North Dakota.
REI Says It Made a ‘Mistake’ by Endorsing Interior Secretary Doug Burgum

1 week ago | bloomberg.com | Olivia Raimonde

Along with the apology, the co-op said it was partnering with the non-profit Conservation Alliance to launch a new coalition, Brands for Public Lands. (Bloomberg) -- It’s rare for companies to make political endorsements. Perhaps even rarer is an endorsement retraction, but Recreational Equipment, Inc. made one last week when it said it had erred in supporting the nomination of Doug Burgum to lead the Interior Department.