At a dinner Sunday night, Alberta Environment Minister Shannon Phillips said United States Secretary of Energy Ernest Moniz spoke about the estimated $23 trillion in private investment potential around energy efficiency in the developing world.
Phillips called the mood in that room "optimistic," as the global business community moves further toward a consensus on renewables, energy efficiency and action on man-made climate change.
"As soon as you price carbon, you open up investment opportunities that were not there previously," she said.
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