In a StrictlyVC download this week, TechCrunch Eic Connie Loizos will sit with former Vice President Al Gore and Lila Preston, a sustainability-focused investment company, Generation Investment Management, to explore the 9th Annual Sustainability Trends Report and how the global climate transition is accelerating despite political reversals.
While traditional media focuses on the Trump administration's rollback, the three discussed why renewable energy economics has fundamentally changed, with 65% of energy investment currently flowing to renewables, but only 35% on fossil fuels, a complete reversal from a decade ago. They delve into how China became the world's first “electrostate,” with EVs accounting for 60% of new car sales. How AI's massive energy demand will derail or accelerate climate advancement with the build-out of $500 billion data centers. And Gore's theory is that political capture of the fossil fuel industry is weakening as communities fight environmental injustice.
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