Stock markets are in decline. Inflation is on the rise. Interest rates are up. Private tech companies are laying off workers. 

Is this the long-awaited market correction that never quite materialized during the bull market of the last 13 years?

And what does it mean for climate tech? 

In this episode, Shayle talks to Saloni Multani, a partner at Galvanize Climate Solutions and former chief financial officer for Joe Biden’s 2020 campaign. 

Shayle and Saloni place the current moment in historical context. They cover the recent wave of low-cost capital that poured into climate tech and the low interest rates that gave renewables an advantage over fossil-fuel investments. 

And they dive into some pressing questions like:

• Are the broader market impacts on climate tech delayed? Or is climate tech somehow more insulated than general tech companies?
• The green premium question: Will a downturn in the market jeopardize investments in more expensive but lower-carbon alternatives to fossil fuels, such as airlines’ recent purchases of Sustainable Aviation Fuels, or SAFs?
• How should climate tech investors rethink their strategies? What should entrepreneurs expect in the coming years?

Catalyst is brought to you by Arcadia. Arcadia allows innovators, businesses and communities to break the fossil fuel monopoly through its technology platform, Arc. Join Arcadia’s mission and find out how you or your business can help turn a fully decarbonized grid into a reality at arcadia.com/catalyst.

Catalyst is supported by Advanced Energy Economy. AEE is on the front lines of transforming policy that accelerates the move to 100 percent clean energy and electrified transportation in America. To learn how your business can play a key role in transforming policy and expanding markets, visit aee.net/join.