Unpacking government’s role in catalyzing low-carbon solutions

Sep 27, 2023

In this podcast, we sit down with Christopher Creed, Chief Investment Officer of the US Department of Energy's Loan Programs Office. He discusses how the office is deploying $350 billion worth of lending authority to catalyze energy projects in the US. They explore the impact of technologies like batteries, electric vehicles, and virtual power plants on transitioning to a low-carbon economy. They also discuss the importance of government initiatives in promoting renewable energy technologies and the impact of debt financing on attracting investors.

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Introduction

00:00 • 2min

Exploring Technologies for the Low-Carbon Transition

01:37 • 2min

The Role of Government in Catalyzing Low-Carbon Solutions and the Importance of Various Technologies

04:00 • 5min

Last week, the ESG Insider podcast was on the ground at Climate Week NYC for a special series of interviews. In this episode, we sit down on the sidelines of The Nest Climate Campus with Christopher Creed, Chief Investment Officer of the US Department of Energy's Loan Programs Office.

Christopher tells us that the loan programs office is working on deploying $350 billion worth of lending authority created under the US Inflation Reduction Act "to help catalyze energy projects" in the US.

"This transition is going to be private sector-led and government enabled," he says.

Find prior episodes for Climate Week NYC here:

At Climate Week NYC, seeking solutions at the nexus of climate, water and social issues https://www.spglobal.com/esg/podcasts/at-climate-week-nyc-seeking-solutions-at-the-nexus-of-climate-water-and-social-issues

At Climate Week NYC, using collaboration to tackle supply chain emissions https://www.spglobal.com/esg/podcasts/at-climate-week-nyc-using-collaboration-to-tackle-supply-chain-emissions

On the ground at Climate Week NYC: The challenge of Scope 3 emissions https://www.spglobal.com/esg/podcasts/on-the-ground-at-climate-week-nyc-the-challenge-of-scope-3-emissions

What to expect from Climate Week NYC: https://www.spglobal.com/esg/podcasts/what-to-expect-from-climate-week-nyc-2023

This piece was published by S&P Global Sustainable1, a part of S&P Global.

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