3rdtimeluckystudio/Shutterstock Save for later Print Download Share LinkedIn Twitter Financing the energy transition is more difficult than two years ago, but this is opening doors for private capital and policymakers to step up to the plate, speakers at the recent Columbia University Global Energy Summit agreed. The most obvious, underlying reason for the difficulties is high interest rates, said Karen Karniol-Tambour, co-chief investment officer at hedge fund Bridgewater Associates. "That's the most extreme force that affects everything." All sectors are impacted, but higher interest rates "disproportionately" impact the most capital-intensive energy technologies, renewables and nuclear power, consultancy Wood Mackenzie concurs in a recent report.
