"Harnessing Billionaire Power to Drive Green Energy in Wyoming"
The Biden administration's climate law aims to attract private capital to clean energy, and one man in Wyoming is looking to leverage the state's wealthy residents and natural resources to spur green energy investment. Nathan Wendt, president of the Jackson Hole Center for Global Affairs, sees an opportunity for Jackson, a town with high-income residents, to become a magnet for clean energy projects. Wyoming's geology and existing infrastructure make it well-suited for carbon capture technologies and hydrogen development, both of which are incentivized by the law. Investors and companies across the country have shown interest in the law, with estimates suggesting that Wyoming could see the largest per capita investment related to the legislation.