"Davos 2024: Rethinking Climate Action in the Business World"

At the World Economic Forum in Davos, discussions about climate change have been overshadowed by topics like artificial intelligence and the possibility of another Trump presidency. Despite 2023 being the hottest year in history, climate change has been relegated to the back burner at the event. The ultimate long-term challenge of climate change requires patient capital and consistent regulatory frameworks, which are often in short supply. Meanwhile, in Texas, during a recent cold snap, natural gas played a key role in keeping the lights on, highlighting the ongoing reliance on fossil fuels despite investments in renewable energy.