Research reveals that the revenue source for state and local tax bases represents a little-known challenge to clean energy adoption in the United States. Communities that have long relied mostly on fossil fuel-related revenues don’t know how to replace that money with new streams from clean energy projects, and investors have limited incentives to direct projects to these “energy communities.”
Research reveals that the revenue source for state and local tax bases represents a little-known challenge to clean energy adoption in the United States. Communities that have long relied mostly on fossil fuel-related revenues don’t know how to replace that money with new streams from clean energy projects, and investors have limited incentives to direct projects to these “energy communities.”
The Salata Institute and MIT CEEPR workshop on the Economics and Policy of Electric Transportation Charging Infrastructure will be held on October 24 and 25, 2024 in Cambridge, MA.
CEOs and other business leaders must monitor the implementation of federal legislation aimed at boosting domestic manufacturing, decarbonizing the economy, and increasing U.S. competitiveness with China. Companies ranging from General Motors to privately held grid vendors are leveraging federal investments in areas ranging from electric vehicle infrastructure to semiconductor production. At the same time, they must anticipate risks, such as policy shifts with new administrations, workforce shortages, and geopolitical tensions.
CEOs and other business leaders must monitor the implementation of federal legislation aimed at boosting domestic manufacturing, decarbonizing the economy, and increasing U.S. competitiveness with China. Companies ranging from General Motors to privately held grid vendors are leveraging federal investments in areas ranging from electric vehicle infrastructure to semiconductor production. At the same time, they must anticipate risks, such as policy shifts with new administrations, workforce shortages, and geopolitical tensions.
Active ownership is essential for investors aiming to drive long-term returns and mitigate risks by engaging with companies on material issues such as climate change and human rights. By collaborating with portfolio companies on sustainable initiatives, investors can respond to shifting risks and capitalize on market opportunities, enhancing both financial performance and social impact. CEOs should prioritize transparent reporting and proactive engagement with stakeholders to stay competitive and attract investment.
With global spending on climate infrastructure poised to rise, startup climate companies should focus on deployment to attract investors, experts said during a recent Harvard panel. It’s not enough to have innovative technology. The ability to get that technology to market at scale is what matters.
"Last year, Harvard Medical School voted to approve a climate curriculum theme, becoming one of the first universities in which this topic will be embedded into all four years of
its regular clinical curriculum.." Read more about Harvard Medical School's breakthrough climate curriculum efforts and the broader trend of climate in medical education in this recent Nature Medicine article.
It is with profound sadness that the Salata Institute shares the news of the passing of esteemed adviser and supporter to the Institute and Harvard University alumna Susan Wojcicki, AB’90.
To effectively finance critical climate projects that can decarbonize the world and meet global net zero goals, CEOs, investors, and lenders should focus on multi-sector financing solutions that explicitly re-engineer risks and returns, according to a recent panel at Harvard University. This “system-wide” finance approach—blending public and private financing—can fill market gaps to achieve sustainable outcomes, while helping firms stay receptive to both challenges and opportunities.