Why now is the best time to invest in climate tech | TechCrunch
News Source : TechCrunch
News Summary
- A new report from the International Energy Agency suggests there has never been a better time to go all-in on climate tech.
- A decade ago, without any major changes, the world was headed toward 46 metric gigatons of CO2 per year by 2040.
- Today, if countries continue with business as usual, the IEA expects emissions will level off at 38 metric gigats per year.
- It's still far off from what’s needed to hit net zero by 2050, but it's a significant shift in a short amount of time.
Conventional wisdom suggests that climate tech is entering a winter season, where political and investor interest and investment levels are cooling an ironic contrast with the climate itself, which k [+3470 chars]
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