Cleaning Up: Leadership in an Age of Climate Change cover image

Cleaning Up: Leadership in an Age of Climate Change

Technology Investment and the US Inflation Reduction Act - Ep109: Ion Yadigaroglu and Dipender Saluja

Dec 7, 2022
Dipender Saluja and Ion Yadigaroglu, partners at Capricorn Investment Group, discuss the importance of capital in climate change investments, US subsidies and their implications for developing countries, the response to the US Inflation Reduction Act from portfolio companies, the role of young lobbyists in promoting clean technologies, and Europe's advantages in clean energy.
01:05:58

Podcast summary created with Snipd AI

Quick takeaways

  • The Inflation Reduction Act (IRA) in the US, by tying funding and subsidies to job creation and manufacturing, can drive significant investment in the clean tech sector and create millions of jobs.
  • Europe needs to adopt subsidy regimes similar to the IRA in the US to stimulate innovation, create jobs, and build competitive industries in the low-carbon economy.

Deep dives

Accelerating Action on Climate Change through Venture Capital

Ayanja Digaroglu and Dipender Saluja from Capricorn Investment Group join the podcast to discuss the role of venture capital in addressing climate change. They explain how their focus on technology-centric investments has enabled the merging of traditional industries with semiconductors and software, leading to innovations in energy, transportation, and more. The conversation highlights the need for rapid deployment of clean and green infrastructure and the importance of financing and subsidies in achieving this. The guests express optimism about the Inflation Reduction Act (IRA) in the US, which ties funding to job creation and manufacturing, potentially driving significant investment in the clean tech sector. While there are concerns about potential trade conflicts, the IRA offers a way to subsidize critical climate technologies and accelerate global deployment. The guests also emphasize the need for effective leadership and international cooperation to address the urgent challenge of climate change.

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