Hon. Jennifer M. Granholm - Luncheon & Keynote Address 1/3
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The transition to clean energy is driven by the private sector and supported in the U.S. by government policies like the Infrastructure Law, Inflation Reduction Act, and CHIPS and Science Act.
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The energy transition is a complex, ongoing process, not an immediate switch. Progress is significant, though not without challenges. Reflecting on the past three years, it's clear that climate change is as critical as any other global threat.
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In 8 years, the Agora has grown from a small space to a major hub with 2 studios, 5 pods, 3 carbon hubs, and 200+ start-ups. It now includes academia, national labs, and new sectors, focusing on emerging technologies and market challenges.
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As energy companies embrace AI and digital transformation, there are still many opportunities ahead related to the integration of AI in the energy sector and the energy transition.
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The COP-28 agreement is a key multinational environmental pact. Paragraph 28 ensures that 195 nations must transition away from fossil fuels fairly and equitably, with no single country able to block the consensus.
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Play video Hon. Jennifer M. Granholm - Luncheon & Keynote Address 3/3
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In the midst of this historic transition, it is crucial to manage and lead the change while keeping energy reliable and investing in clean technologies.
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A major focus at CERAWeek was Europe's crisis of confidence in its industry due to high energy prices. The challenge now is balancing decarbonization with affordability.
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