The Rise of Venture Capital in the Climate Tech Space

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China is making, as Eric said, all these green technologies. What Europe and America need to do is really catch up and make sure that the jobs of the future aren't lost all to China. And we've entered this period of competition among the large powers on green stuff,. which hadn't happened so far.

It’s been eight months since President Biden signed the Inflation Reduction Act into law. And already the hundreds of billions of dollars it contains for clean energy and slowing climate change—alongside private venture capital investments—are funding a wide array of climate technology projects, from decarbonization infrastructure to rust-based battery storage.

Bloomberg climate reporter Eric Roston joins this episode with Akshat Rathi, a senior reporter and host of our sister podcast Zero. It’s a weekly show that explores the tactics and technologies taking us to a world of zero emissions. They talk with Wes about how climate tech is no longer a corner of the economy–it’s fast becoming the economy.

And reporter Zahra Hirji joins to talk about some of the ways the IRA’s spending is starting to show up in our everyday lives.

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