Energy Efficiency: It's Not the Technology, It's Financing

Published: Nov. 4, 2013, 4 p.m.

b'We\'ve got much of the technology needed to solve the climate crisis. What we need now is financing innovation, says Jigar Shaw, author of "Creating Climate Wealth" in an interview with Lisa Cohn of EnergyEffficiencyMarkets.com. If we can break that barrier, we\'ll create what he calls climate wealth. The founder of SunEdison and the former CEO of the Carbon War Room quotes the EIA, saying we need $10 trillion by 2020 to fight climate change. We\'re on the path to invest $4.5 billion. "We have the technology to meet the 2020 goal," he says. "Many existing technologies are ready to be deployed." What\'s needed now is smart money, he says.\\n\\nListen to learn what smart money is, why many EE subsidies should be eliminated and why Shaw\'s plan would create wealth.'