Bill Holland of S&P Global writes on the influx of private cash for the energy transition.
- Last year American and Canadian venture capital and private equity firms invested a record $6.8 billion into new businesses that are looking to accelerate the energy transition.
- Globally, private spending reached almost $1 trillion in 2021, with a majority investments targeting EVs, green hydrogen, and sustainable aviation fuel.
- Private sector leadership is essential to reaching climate goals.
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