Updated Sep 17, 2020 - Axios Events

Watch: The economics of renewable energy

On Thursday, September 17, Axios' Amy Harder hosted a conversation on the growth of clean energy and sustainability, featuring Washington Gov. Jay Inslee and Amazon's Head of Worldwide Sustainability Kara Hurst.

Gov. Inslee discussed efforts within Washington to address climate change, its impact on fires in Washington state and the role of renewable energy in the state.

  • On the role of climate change in recent fires: "These fires are incredibly cataclysmic. The solution to this, of course...[is that] we need to reduce this climate change. It is the ultimately cataclysmic situation we face in Washington."
  • On President Trump's attitude to renewable energy: "He has tried to throw up a roadblock against any development of renewables industries. He's got an allergy to good ideas and infatuation with deception. He's downplayed climate change, just like he downplayed COVID."

Kara Hurst unpacked Amazon's aims to hit carbon neutrality in 2040 and its efforts to help companies develop climate-friendly technologies through a $2 billion venture fund.

  • On partnering with oil and gas producers to achieve climate change goals: "Amazon, like every other company you just mentioned — Google, Microsoft, many tech companies — works across a wide variety of industries. And I believe it's absolutely necessary to work with those types of industries to create transformation."
  • On recent research at Amazon on the sustainability of online shopping: "Online grocery deliveries can generate 43% lower carbon emissions per item as compared to shopping in stores."

Axios co-founder and CEO Jim VandeHei hosted a View from the Top segment with Vinson & Elkins Head of Renewables Practice Group Kaam Sahely, who discussed the surge in demand for renewable energy and the growth of the sector.

  • "The demand [for renewable energy] is almost insatiable. It's not that it's completely without regards to government regulation...The demand for renewable energy continues to rise."

Thank you Vinson & Elkins for sponsoring this event.

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