The Energy Gang

The world is facing a great financial strain - what does this mean for the investment in the energy transition?On this episode of the Energy Gang, host Ed Crooks is joined by Nneka Kibuule from Aligned Climate Capital, and Sam Scroggins from Lazard. The gang starts the discussion by looking at the state of the economy. There is a surge of inflation being felt around the world. In the US, the current rate of consumer inflation is at 8.2%. As a direct result, 30-year mortgage interest rates are at their highest levels in two decades. In Europe, they brace for a rise in energy costs as winter looms near. We explore what this means for investment in low carbon energy and the cost of renewables.  Back in August, the Biden Administration signed into law the Inflation Reduction Act, with tax credits that they hope will help stimulate more investment into wind, solar, storage, hydrogen and nuclear power. The bill is projected to have a huge positive impact over the ne