4min chapter

Investing in Impact | Impact Investing cover image

Michael W. Sonnenfeldt /// Entrepreneur, Investor, and Philanthropist - Founder of TIger 21 and MUUS Climate Partners

Investing in Impact | Impact Investing

CHAPTER

The Complexity of Climate Change

A carbon tax would be the single most effective way to harness creative entrepreneurial power. But even a carbon tax, under most scenarios, would only address maybe 30% of the problem. The toughest is industrial heat because they are you need temperatures over 1000 degrees centigrade. And it's very hard to get those temperatures using renewables.

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