BlackRock CEO: Renewables Must Get Cheaper to Enable Energy Transition

No energy transition unless tech can cut renewable costs BlackRock CEO
Renewables must be cost competitive with fossil fuels
57% of BlackRock investors plan more investment in decarbonization
High energy prices drive emerging nations to use more coal
Financial firms agree energy security trumps green ambitions in emerging world

oilprice.com

Relevant topic timeline:

9/29/2023

BlackRock CEO Larry Fink Says Lack of Hope and Optimism Poses Biggest Threat to Economy

BlackRock CEO Larry Fink expresses concern over the lack of hope and abundance of fear in the global economy, emphasizing the need for optimism to drive financial outlooks and business investments. Fink believes that businesses and leaders should provide certainty and hope in order to prevent economic downturns.

10/17/2023

BlackRock CEO Larry Fink Sees Pent-Up Interest in Crypto Amid Global Turmoil

BlackRock CEO Larry Fink discusses the growing demand for cryptocurrency and the recent rally in the market, while awaiting SEC approval for a bitcoin spot ETF.

10/23/2023

BlackRock CEO Larry Fink Evolves from Crypto Skeptic to Embracing Bitcoin as Mainstream Store of Value

BlackRock CEO Larry Fink has shifted his stance on Bitcoin, going from being a crypto skeptic to embracing it as a mainstream asset class.

10/27/2023

Taiwan Chip Industry Pushes for Faster Renewable Energy to Power AI Growth and Reach Net-Zero Emissions Goal

Taiwan's chip industry is seeking to accelerate the development of renewable energy sources in order to meet the growing demand for artificial intelligence and achieve its goal of net-zero emissions by 2050.