Battery efficiency needs a breakthrough and may be an interim technology. Fuel Cells with 60% well-to-wheel CO2 reduction and all that natural gas as a feedstock, may be the answer across many products.

The Energy Loft

2012 was an exceptionally busy year, however, with the New Year already underway, we wanted to look ahead and to share with you (with the help of our friends at Fuel Cell Today), some developments to look forward to in 2013.


 A number of automotive companies will continue their plans for commercialisation:

  • The GreenGT H2 will become the first fuel cell vehicle to enter the Le Mans 24 hour race, taking place on 22nd  and 23rd  June 2013
  • Hyundai will increase the number of its ix35 FCEV available for projects and demonstrations; the Korean automaker has said it will make up to 1,000 of the vehicles available before a full commercial launch in 2015             
  • The UKH2Mobility programme will announce its ‘end of phase 1’ achievements in the form of an external report – more details to follow


With a focus on meeting the global…

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About Jack Rivkin

Jack Rivkin retired in 2008 as EVP, CIO, Head of Private Asset Management of Neuberger Berman(NB) and from NB's Executive Management Committee. He was also on the Lehman(LB) Council on Climate Change(CC) and the NB CC Fund Advisory Board. He has been engaged with the United Nations and other entities on policy issues related to Private Capital and CC. He is an Associate Fellow of the Asia Society. He has continued on the NB Mutual Fund Board and with his CC responsibilities. He began his investment career in 68 as an analyst at Mitchell Hutchins(MH), and became Director of Research(DOR) there. After Paine Webber(PW) acquired MH, he served as DOR; CFO of PW; CEO of PWMH-the equity trading and investment arm of PW; Chmn of MH Asset Management and President of PW Capital. 87-92 he was DOR and, subsequently, Head of the Worldwide Equities Division of LB. 93-95, he served as a Vice Chairman and DOR at Smith Barney (now Citigroup). He was an EVP with Citigroup Investments 94-01, responsible for private equity investments. He was also an adjunct professor at Columbia University teaching a course in Security Analysis. He joined NB in 2002. He is the co-author of “Risk & Reward—Venture Capital and the Making of America’s Great Industries,” Random House, 1987. He is a regular guest on various media. He is the principal subject in a series of Harvard Business School cases describing his experience as DOR and Equity Head at LB. He has served as a director of a number of private companies and the NYSSA. He is currently a director of Idealab, Dale Carnegie, Operative, World Policy Institute and other private companies. He is a member of the Economic Club of NY, the Anglers Club, Theodore Gordon Fly Fishers, and a lifetime member of Trout Unlimited. He continues to be an active private equity investor when he isn’t fly fishing. Mr. Rivkin earned his Professional Engineering degree from the Colorado School of Mines and his MBA from the Harvard Business School

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