WASHINGTON, DC - APRIL 15: (L-R) Larry Coben (Chair and CEO - “NRG Energy, Inc.“), John Kerry (Former Secretary of State and Co-Chair - Galvanize) and Tim McDonnell (Climate & Energy Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: (L-R) Larry Coben (Chair and CEO - “NRG Energy, Inc.“), John Kerry (Former Secretary of State and Co-Chair - Galvanize) and Tim McDonnell (Climate & Energy Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: (L-R) Larry Coben (Chair and CEO - “NRG Energy, Inc.“), John Kerry (Former Secretary of State and Co-Chair - Galvanize) and Tim McDonnell (Climate & Energy Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: (L-R) Larry Coben (Chair and CEO - “NRG Energy, Inc.“), John Kerry (Former Secretary of State and Co-Chair - Galvanize) and Tim McDonnell (Climate & Energy Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: (L-R) Larry Coben (Chair and CEO - “NRG Energy, Inc.“), John Kerry (Former Secretary of State and Co-Chair - Galvanize) and Tim McDonnell (Climate & Energy Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: (L-R) Larry Coben (Chair and CEO - “NRG Energy, Inc.“), John Kerry (Former Secretary of State and Co-Chair - Galvanize) and Tim McDonnell (Climate & Energy Editor - Semafor) speak on stage during Semafor World Economy 2026 on April 15, 2026 in Washington, DC. (Photo by Tasos Katopodis/Getty Images for Semafor World Economy)

WASHINGTON, DC - APRIL 15: Chairman and CEO of Cisco Chuck Robbins speaks at the Semafor World Economy 2026 summit on April 15, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Alex Wong/Getty Images)

WASHINGTON, DC - APRIL 15: Chairman and CEO of Cisco Chuck Robbins speaks at the Semafor World Economy 2026 summit on April 15, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Alex Wong/Getty Images)