We Spend Jeff Bezos’ Climate Money
Energy Gang
Wood Mackenzie
4.6 • 1.3K Ratings
🗓️ 5 March 2020
⏱️ 45 minutes
🧾️ Download transcript
Summary
What to do with all this climate money moving around?
The richest man in the world, Jeff Bezos, says he is going to channel $10 billion of his own dollars into climate solutions. Is this the biggest climate philanthropy ever? And where should he be devoting those dollars? We’ll help him spend it.
Then, the mushy middle. Our own Jigar Shah’s Generate Capital has raised another billion dollars to fund climate tech that is less attractive to some investors – fuel cells, microgrids and unconventional solar projects. We’ll talk about the underserved opportunities in finance.
And a new pot of money from ARPA-E to scale up existing technologies. It’s paltry compared to the money people like Gates and Bezos are throwing into the space. What role is the government playing to scale climate tech?
Recommended reading:
- EENews: He Wants to Own It. Will $10B Buy the Climate Movement?
- The Atlantic: $10 Billion? In This climate?
- GTM: Generate Capital’s $1B Raise Draws Global Infrastructure Funds to Cleantech
- Green Car Congress: ARPA-E Offers Up to $50 Million for Scaleups That Have a Path
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Transcript
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| 0:00.0 | This podcast is brought to you by Sea Power. |
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| 0:19.3 | that future, the distributed energy future, a bridge that spans the grid of the past, crosses the |
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| 0:47.0 | From Green Tech Media, this is the Energy Gang, weekly debates and discussions about the fast-changing world of energy. |
| 0:56.5 | I'm Stephen Lacey, a contributing editor at GTM. Welcome. |
| 1:00.0 | This week, what to do with all this money moving around. |
| 1:04.0 | The richest man in the world, Jeff Bezos, says he's going to channel $10 billion of his own money into climate solutions. |
| 1:11.0 | Is this the biggest climate philanthropy ever? It appears so. |
| 1:16.1 | And what made Bezo's finally pivot from his space travel obsession into focusing on our own planet. Then the mushy middle. |
| 1:24.0 | We talked earlier about Generate Capital, |
| 1:27.0 | Jigger's firm that he co-founded, |
| 1:29.0 | which raised another billion dollars to fund climate tech |
... |
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