Chris Creed reflects on the biggest takeaway from Milken 2026: in a market defined by optimism, the real edge may come from execution, resilience, and scalable deployment.

As climate language evolves, the underlying investment case is strengthening. This piece offers a framework for distinguishing narrative shifts from structural change—and why precision in how we describe these systems now matters more than ever.

In his recurring Semafor column, Secretary Kerry describes the current energy shock as the start of a longer-term shift toward energy sovereignty, with resilience, domestic supply, and system control as key drivers.