#152 Commercializing DeepTech, Policy Tailwinds, Carbon Capture, & More w/ Adam Goff (8 Rivers)

🌎 Welcome back to the CleanTechies PodLetter. Are you a regular listener? If you take 7 min to give us some feedback, it will drastically help us improve the content for you. Today, we are talking with Adam Goff from 8 RiversThis convo should be especially interesting to Policy nerds because of Adam’s background. We cover…* The policy landscape and how it affects the development of clean technologies 🏛️* How a technology development shop operates and makes money ⚙️* The tailwinds and headwinds to the deep tech space 🌬️Adam has a lot of knowledge and an interesting perspective on the landscape, so we are confident you’ll enjoy this (if you don’t, please let us know, and we will send Adam some stinky socks 🧦 in the mail 😉)Ask yourself this: is the content we put out valuable enough to you that you’d be willing to buy us a latte 🍵 once a month? 📺 Watch on YouTube🍎 Apple Podcasts 🎧 Spotify🗣️ Join the Slack ChannelThe Guest: Adam GoffAdam started his career in DC, working on policy with the ClearPath Foundation. He did this from 2015 to 2018. After the passage of the bill allowing the 45Q tax credit, knowing the landscape of climate tech innovators, he joined 8 Rivers. During his time there, they have gone from about 20 employees to now over 70. The Company: 8 RiversCarbon Capture, DeepTech, Hydrogen, IP Licensing, One-liner: Developing technologies that make a positive impact on the climate by combining various de-risked technology in new ways, and then commercializing it. Context: For many years, there have been companies working on developing new technologies in hardware realm to solve the climate issue. In particular, a lot of focus has gone into developing carbon capture technolgies that work at low costs to prevent or pull out of the air, the carbon emitted. This is requried because we are on track to blow right through our reduction targets. What: They identify a particular problem, finding as much existing, de-risked technology as possible, and then putting it all together to solve the problem. Then proving it works at scale. Once all of this is done, they license out the IP to others so the impact can be scaled. Traction: As of today, they have commercialized 3 technologies and successfully built several pilot projects. They continue to work on additional technologies. Future: Because they have proven their capacity to bring research to the operating scale, they have a bright future. The tech they are currently developing in their pipeline includes, Direct air Capture, Post-combustion Carbon Capture, Zero-carbon Fuels, and Clean Ethylene. Certainly there is a lot to expect out of these folks. Enjoying the CleanTechies PodLetter? Please show your support by subscribing! 📝 Show Notes:Topics* 2:10 Intro* 4:00 Climate x Policy* 10:00 How to Pass Legislation Faster* 12:40 History and Structure of Eight Rivers* 18:00 The Process of Proving New Tech* 22:15 Their Current Technologies* 28:30 Raising Money for a Tech Developer* 33:20 Commercialization and Revenue Generation* 36:45 Selecting your First Site* 39:40 How to Understanding Global Regulatory Markets* 42:30 Systematizing Building a Hardware Climate Startup* 44:00 Future Plans for Eight RiversLinks* Adam Goff | 8 Rivers* Connect with Somil | Connect with Silas* Check out our sponsor, NextWave Partners, for all your Climate, Renewables, and Sustainability recruitment needs.* This podcast is NOT investment advice. Do your homework and due diligence before investing in anything discussed on this podcast.Leave a comment with what you learned in today’s episode! 💭Asks 👋* We have recently launched a listener survey, and we would love to hear from you how we can improve the show and what you like most. Please take 7 minutes to help us with this. It’s 7 minutes for you, but it makes a huge impact on how we can serve you.* Have a specific guest or topic you’d like us to discuss? Leave a comment and let us know.Here’s the thing: Somil and I both have day jobs, so if you’re in the helping mood, we both have an ask for you today.Somil: I’m currently seeking to connect with founders in the built environment space for a project I’m working on. If you’re in that space, schedule a chat here!Silas: As many of you know, my day job is solving people’s hiring headaches in climate - do you have a hiring headache? Well, let me be your Advil. (booking here)🚨🚨🚨 Attention Hiring Managers!!! Are you struggling to find qualified candidates? Maybe getting candidates but can’t bring them across the line consistently? Or not getting sufficient applicants? — Reach out to our sponsors, NextWave Partners today to help solve that for you. is a leading Global Renewables, Climate, & Sustainability recruitment consultancy solely focused on these impact areas. They are also B-Corp Certified.Reach out to them today to help you solve your hiring challenges and get you one step closer to making an impact.🙏🏽 Thanks for tuning in, and see you all next episode! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit cleantechies.substack.com/subscribe