Financing the Energy Transition Amid New Regulatory Uncertainty
Recent high court rulings and 2024 Presidential and Congressional elections in the US underscore the deep regulatory uncertainty that today’s investors face when they deploy capital in the energy space. As financial and capital markets review the capacity of “green” assets and projects to withstand a change in US energy policy, the context for the energy transition has changed. Access to capital for energy transition has been shaped by the way financial institutions leverage supportive policy, so a shift in policy has implications for the speed and scale of projected changes in the US energy mix. Which energy transition technologies, assets and projects have reached a financial “tipping point” that buffers them against policy uncertainty? Which investments — or disinvestments — will be the most “sticky”? We will hear from a range of investors focused on the energy transition about making investment decisions in the context of these questions.