JOG Capital, a private equity firm with decades of experience in managing oil and gas investments, today announced it is transitioning and rebranding to become Carbon Infrastructure Partners (CIP).
Firstly, the new firm establishes the expansion of carbon capture and storage as its main focus going forward. In fact, CIP would be the first investment firm entirely focused on rapidly reducing emissions.
Secondly, the firm focuses on the understanding of the entire lifecycle of carbon; from hydrocarbon-based energy production through to carbon capture, utilization, and storage back into the subsurface.
Thirdly, this approach would help the firm to make smarter investment decisions and tackle both economic advantages, while achieving economy-wide emission reductions. Indeed, CIP will leverage from the tailwind and bipartisan support that CCS is receiving from both Canada and U.S. governments.
Moreover, as the U.S. government subsidizes the capture and storage of carbon to incentivize and encourage net zero commitment; CIP will expand viable, actionable, and tax-advantaged climate solutions.
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CIP to advance sustainable and carbon removal business models
In addition, CIP pretends to activate business models for carbon removal assets, and further expand the rapidly growing demand for high-quality voluntary carbon offset credits, combined with significant additional policy incentives.
Furthermore, Craig Golinowski, President and Managing Partner of CIP, said. “As established oil and gas investment professionals, we understand the full lifecycle of carbon; we seek to be market leaders on climate-driven carbon management to meet global energy demands; while rapidly reducing carbon emissions.”
Golinowski also remarked. “We recognize the tremendous efforts and advancements being made by the wind, solar, and electric vehicle industries and are proud that CCS will further enable deep electrification of the economy.”
Finally, he concluded. “By combining our oil and gas technical skills with strong policy incentives for CCS; also, verified carbon accounting, and market demand for net-zero solutions, we seek investments that address the underweight energy; as well as real assets issue currently faced by institutional investors.”