Byline
Michael is a professional leader in the fields of energy investments, complex commercial deals, and sustainability with extensive international experience. His personal interests span from socio-political issues, history, and culture.
From the Archives
De-risking climate investments in energy transition
By michael on April 13, 2022
The problem of attracting sufficient investment for energy transition is enormously complex. The global energy system comprises the largest and most expensive infrastructure built over centuries of investments across the chain, and we now only have a very short window to transform it. For this endeavor to succeed, investments in energy transition need to be significantly de-risked.
Category: Business & Society, Climate Change, Editorial, Energy
A climate change investment treaty amongst carbon-critical countries
The unprecedented investment gap in energy transition requires an additional US$2 trillion/year more investment in energy systems. This investment must be focused on carbon-critical countries if the world is to see change at the required scale and pace. A growing number of private and public investors are persuaded, but they lack the certainty necessary to justify taking the economic and political risks inherent in energy-transition investment. This paper proposes a novel approach to a proven concept of more than 3,000 investment treaties currently operational: a Climate Change Investment Treaty, focused on protecting carbon-critical investment in carbon-critical countries to help navigate the wicked problem that is energy transition.
Below is a link to a policy brief co-developed with Reg Fowler for the G20 Summit of 2022, as part of the T20 publication:
https://www.t20indonesia.org/wp-content/uploads/2022/09/PB-8-DE-RISKING-INVESTMENTS-IN-ENERGY-TRANSITION_A-CLIMATE-CHANGE-INVESTMENT-TREATY-AMONGST-CARBON-CRITICAL-COUNTRIES.pdf