How Is Fossil Fuel Infrastructure Still Getting Financed In Developing Nations?
Details
- Publish Date:
- December 15, 2021
- Author(s):
-
- Benefiel, Ty ,
- Benefiel, Brock
- Source:
- The Climate Pod
- Related Person(s):
- Related Organization(s):
Summary
This week, we talk to Jeffrey Ball, who lead the recent study “Hot money: Illuminating the financing of high-carbon infrastructure in the developing world.” In this conversation, we ask: if renewables are so cheap, why is fossil fuel infrastructure still being built in the developing world? Ball helps us understand what is happening and, more importantly, where the money is coming from to power the nation’s most in need of more energy resources. He also explains the possible solutions and what to watch for as the politics and economics of decarbonization evolve.
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