Ian Wright
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- Milken Institute1h 0m
Peak Oil and Green Energy: Both Fossils?
Greg Dalton, Scott Jacobs, Ian Wright
Energy experts including Scott Jacobs, Kathy Zoy, and Ian Wright discuss a structural decoupling where U.S. economic growth no longer drives electricity demand while oil prices cease to influence marginal power costs. The panel highlights divergent views on the resource revolution, contrasting Ian Wright's skepticism regarding battery scalability with Scott Jacobs' argument that China dominates innovation and U.S. industrial competitiveness relies on efficiency gains rather than new hardware breakthroughs. Financial strategies are shifting from traditional venture capital to project finance and strategic investment to support distributed energy assets, even as policymakers debate the efficacy of carbon pricing and the need to phase out fossil fuel subsidies.