Chapter
The Cost of Renewable Power Generation and Meeting Global Net Zero Targets
50:19 - 55:01 (04:41)
The high cost of solar installations in low-income districts makes it challenging to meet the global net-zero targets set by the International Energy Agency. While the cost of power generation in California has fallen by 90% with the use of renewables, there is a need for transitioning to emission-free lending and investment activities in line with the net-zero targets.
Clips
The Wall Street Journal editorial board wrote an op-ed criticizing California's green energy policies which have resulted in high gasoline prices for Californians amidst a nationwide decrease.
50:19 - 51:46 (01:26)
Summary
The Wall Street Journal editorial board wrote an op-ed criticizing California's green energy policies which have resulted in high gasoline prices for Californians amidst a nationwide decrease.
ChapterThe Cost of Renewable Power Generation and Meeting Global Net Zero Targets
EpisodeE97: SPAC updates, public/private market overview, Putin's end game & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Congresswoman Rashida Tlaib questioned CEOs of Citigroup, J.P. Morgan, Goldman Sachs, Wells Fargo, Morgan Stanley and Bank of America on their policies against funding new oil and gas projects, as the banks pledged to transition their emissions to net zero by 2050.
51:46 - 53:10 (01:24)
Summary
Congresswoman Rashida Tlaib questioned CEOs of Citigroup, J.P. Morgan, Goldman Sachs, Wells Fargo, Morgan Stanley and Bank of America on their policies against funding new oil and gas projects, as the banks pledged to transition their emissions to net zero by 2050. Jamie Dimon, CEO of J.P. Morgan, opposed the idea and Tlaib later accused the banks' CEOs of not doing enough for people struggling with student loan debt.
ChapterThe Cost of Renewable Power Generation and Meeting Global Net Zero Targets
EpisodeE97: SPAC updates, public/private market overview, Putin's end game & more
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
Some low-income districts do not have the money to spend on expensive solar installations, unlike wealthier areas where the cost of power generation through renewables has fallen by 90%.
53:12 - 55:01 (01:48)
Summary
Some low-income districts do not have the money to spend on expensive solar installations, unlike wealthier areas where the cost of power generation through renewables has fallen by 90%. This lack of understanding on the part of politicians highlights institutional decay and the need for cheap energy sources like coal or LNG to mitigate the impacts of inflation.