Big banks predict catastrophic warming, with profit potential
Morgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement's 2 degree
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Deputy Director for Energy and the Chief Strategist for the Energy Transition, White House Office of Science and Technology Policy
Clean energy technology deployment will play a major role in meeting the Biden administration’s “net zero by 2050” goal. To stay on target, America will need to shore up clean energy supply chains, reduce the cost of existing technologies, and fund innovation for up and coming solutions – like carbon capture and storage and fusion energy.
The Energy Team at the White House Office of Science and Technology Policy (OSTP) is a driving force behind these efforts. With its expertise in policy and science, the team helps develop innovation priorities that facilitate a swift, equitable energy transition.
So what is the strategy for deploying the clean energy technology needed to meet net zero goals? What is the timeline for emerging technologies? And how does the OSTP’s Energy Team plan to make the transition equitable?
This week host Bill Loveless talks with Sally Benson about the OSTP’s history as an innovation engine, and its current role in meeting net zero by 2050 goals.
Sally is the deputy director for energy and the chief strategist for the energy transition at OSTP. She helps oversee the Net Zero Game Changers Initiative, which funds innovation in clean energy technologies for building heating and cooling, aviation, nuclear fusion, and other areas. Sally joined the Biden administration as the Precourt Family Professor of Energy Resources Engineering at Stanford University. She has also held various positions at the Lawrence Berkeley National Laboratory.
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Energy abundance isn't a climate strategy—it delays clean energy progress, harms global cooperation, and repeats past policy mistakes.
President Donald Trump has made energy a clear focus for his second term in the White House. Having campaigned on an “America First” platform that highlighted domestic fossil-fuel growth, the reversal of climate policies and clean energy incentives advanced by the Biden administration, and substantial tariffs on key US trading partners, he declared an “energy emergency” on his first day in office.
While he hasn’t released an official plan, Trump’s playbook the last time he was in office and his frequent complaints about clean energy offer clues to what’s ahead.