Bloomberg Businessweek
On Bloomberg’s “Businessweek” podcast (audio—10:40 mark), BCG’s Global Chair Rich Lesser explains that the technology needed for companies to decarbonize exists, but is still more expensive than the technology built around a basic fossil fuel economy. He notes that economic incentives, like the Inflation Reduction Act, may be key to encouraging governments and businesses to invest in more sustainable technologies. “In many cases, the economics aren’t as clear as they need to be on shifting to those new technologies,” Lesser says.