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Why work in climate tech?
In the past 15 years, wind power doubled its capacity 4 times, solar production has doubled 7 times, and fossil fuel investments have stagnated. Global investment in the low-carbon energy transition totaled $1.1 trillion in 2022.
The investors preferring to continue investing in oil & gas are making huge losses: Pension funds lost $757b globally over 3 years on fossil fuels.
Investors have shifted to clean energy & climate mitigation. In 2022 alone, $71b USD has been invested in climate technologies startups, making wind and solar energy cheaper than ever.
EV Battery price fell 35% last year alone, making electric car sales rise by 60% and could reach 50% of all car sales by 2040.
For the first time in history, during the past few years, there has been more than 2X more renewable energy production added than new coal, oil, and gas combined.
This is the time you can catch the bus and write history to tell your kids.
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