By Haley Zaremba
“By the end of the coming decade we will be on one of two paths. One is the path of surrender, where we have sleep walked past the point of no return, jeopardizing the health and safety of everyone on this planet,” the Secretary General of the United Nations’ Climate Change Conference COP25 told his audience last December. “Do we really want to be remembered as the generation that buried its head in the sand, that fiddled while the planet burned? The other option is the path of hope.”
While the United Nations and expert organizations such as the Intergovernmental Panel on Climate Change (IPCC) have done the professional and diplomatic version of begging, pleading, and crying for more serious and urgent development of renewable energy, the private sector has been slow to respond. As Oilprice reported in November, the “number one bottleneck for clean energy tech” is funding.