Clearloop Co-Founder Phil Bredesen attended Climate Week virtually for a fireside chat at the Nest Summit to discuss how Clearloop can help companies tackle climate change. This conversation looks at where the US electrical grid is, what we can do to improve it, and where we can be in 50 years.
Highlights from the conversation:
Power Purchase Agreements (PPAs) are relatively successful for only a small number of big companies. Clearloop can be a one-time transaction for companies of all sizes. This means that companies don’t have to sign 15-20 year contracts, enabling commitments from companies without large risks.
The big story in the United States is the corporate sector stepping up to address this change. A lot of companies have commitments to try to reduce greenhouse gasses. Clearloop’s program provides access to all companies that are trying to tackle climate change.
A final key message that Phil Bredesen leaves us with is:
“It is not crazy to think that 50 years from now you could have an essentially carbon-free electrical generation process. It would take some technological improvements, with things like batteries. I don’t think there is another sector of the economy where you could say that with any clear path from getting from here to there.”
Together, we can build a brighter future for everyone.
Watch the video at the Nest Summit.