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SVB, the banking crisis and climatetech

Catalyst with Shayle Kann

CHAPTER

The Relationship Between Interest Rates and Climate Tech

The theory was basically this poll financial shock would cause the Fed to raise interest rates at least less than it otherwise would have if not stop raising interest rates. That would be good for tech in general probably, but be good for climate tech in particular because the infrastructure side of climate tech is capital intensive and really sensitive to interest rates. What we've seen since it happened is if I did continue to raise interest rate by 25 bits, they raised 25 bits. And so that's maybe not a scenario you want to wish for.

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