Mark Carney Sees ‘Wall of Opportunity’ for Energy Investors
- Brookfield has beefed up renewables pipeline over past year
- Legislation is supporting capital flows into clean energy
This article is for subscribers only.
Renewable-energy assets are primed for an era of growth as they emerge as the answer to both energy security risks and efforts to fight climate change, according to Mark Carney, the former Bank of England governor.
“The smart money” is following “an absolute wall of opportunity in just rolling out clean energy at scale,” Carney, who is vice chair at Brookfield Asset Management Inc. as well as co-chair of the Glasgow Financial Alliance for Net Zero, said in an interview with Bloomberg Television’s Francine Lacqua at the COP27 climate summit in Egypt on Tuesday.