Bill Loveless sat down with CEOs of two of the biggest utilities in the US: Tom Fanning of Southern Company (0:36) and Lynn Good of Duke Energy (21:24). The conversations touched on the changing landscape of the power sector from stagnant demand and technological innovation to new business models and environmental regulations.
It has now been just over a year since the US signed into law the Inflation Reduction Act and already, it has been followed by more than US $110 billion in clean energy investments.
Rising debt levels and the ravages wrought by climate change present acute threats to achieving sustainable development goals in emerging market and developing economies.
As the world races to transition to cleaner energy sources, there exists a substantial gap between the financing required for this transition and the actual investments being made.