Hsieh: Reaching net-zero by 2050 requires $10T in private clean energy capital
Elaine Hsieh · Investors riff on the new era for climate investing · Oct 16, 2023 · at 11:27
Elaine Hsieh, Senior Advisor to the DOE Undersecretary for Infrastructure, outlines the private capital deployment required to achieve US federal climate goals.
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“Right, so the president, yes, so the president's goals are to be carbon free electricity by 2035 and net zero economy by 20 50 in order to achieve the net zero economy by 20 50 goal. You need roughly 10 trillion dollars by twenty-fifty in terms of clean energy capital formation, so that's private sector investment, which is roughly over three hundred billion per year of private sector investment that we need.”
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