US Energy Loans Deliver ‘Ridiculously Good’ Returns: BNEF Update

The global energy transition could bring $196 trillion in opportunities and its own series of challenges, attendees heard during the start of the two-day BNEF Summit in New York.

The transition is proving bumpy, even after the US passed landmark climate legislation that promises to supercharge the clean-energy boom. A backlash against renewable energy in Texas threatens to chill solar and wind development in its biggest market. Extreme weather is taking a toll on power grids that increasingly rely on renewables. And some technologies designed to slash emissions, including carbon capture and sequestration, haven’t quite taken off.