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In Memory of Rajat Deb: Inspiring Man of Ideas and Remarkable Silicon Valley Archetype

By Anjuli Deb -- With deep sadness and profound appreciation, we share the passing of LCG's founder, Dr. Rajat K. Deb. He was our president and one of the first entrepreneurs in the computer revolution. He was also our friend, our teacher and mentor, and for a few of us, our father and grandfather.

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DOE Closes $1.9 Billion Loan to Restart Duane Arnold Nuclear Plant in Iowa

LCG, September 9, 2026--The U.S. Department of Energy’s (DOE) Office of Energy Dominance Financing (EDF) yesterday announced the financial close of a loan of up to $1.9 billion to NextEra Energy to support the finance of the restart of Iowa's only nuclear power plant, the Duane Arnold Energy Center. EDF has now financed three, carbon-free nuclear plant restarts and completed four concurrent conditional commitments and financial closings under the current Administration. This latest investment, along with the others, advance the Administration's energy dominance agenda and Executive Order, Reinvigorating the Nuclear Industrial Base.

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Industry News

Louisianas' Governor Targets Net Zero Greenhouse Gas Emissions by 2050

LCG, August 28, 2020--The Governor of Louisiana signed Executive Order Number JBE 2020-18 that targets net-zero greenhouse gas emissions (GHGs) originating in Louisiana by 2050. The Order, signed last week, includes interim GHG goals to reduce GHG emissions by 26-28% of 2005 levels by 2025, and by 40-50% of 2005 levels by 2030.

The aim of the Order is to reduce GHGs to limit the impacts of climate change that harm the state's natural and cultural heritage, while adapting to maintain its position as a world leader in energy, industry, agriculture, and transportation.

The Order directs the creation of a Climate Initiatives Task Force to investigate and make recommendations to reduce GHSs originating in Louisiana to the Governor. The Task Force, to be comprised of up to 23 members representing various government agencies and stakeholders, is to deliver an interim report recommending strategies, policies and incentives by February 1, 2021. The Task Force is to submit a subsequent report that includes a detailed plan to meet the goals by February 1, 2022.

The Task Force will include committees for power generation, distribution and use; land use, buildings and housing; transportation; agriculture, forestry, conservation and waste management; manufacturing and industry; and mining and oil and gas production.
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