Investor Tom Steyer says energy transition is in full swing

""The energy transition is in full swing,""

""Profits scale. We want to change the world. We need to do scale.""

""What I see from young people is they are so accustomed to failure. They are so inured to government lack of success that if I say anything negative, they completely turn off. Like 'I know this, I'm already depressed,'""

""If I talk about solutions, the things I know will work, the way for us to change the future to actually give them a bright future and us a bright future, they turn on like an electric bulb.""

The energy transition is in full swing and private climate investment firms recorded exceptional performance as profits scaled alongside ambitions to change the world. Investment tax credits for solar and wind received a mixed evaluation and were described as overrated. The United States accounts for roughly 11% of global emissions, while China's fossil fuel use appears to have peaked, implying a potential global peak if China's peak holds. Political shifts pose risks to climate policy, particularly changes to the EPA endangerment finding. Direct air capture is viewed skeptically, while natural carbon removal methods are emphasized. Young people respond strongly to concrete solutions that offer a brighter future.

Read at Axios