WASHINGTON, DC - APRIL 15: Hassane El-Khoury (President & CEO - onsemi) speaks 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: Hassane El-Khoury (President & CEO - onsemi) speaks 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: Tim McDonnell (Climate & Energy Editor - Semafor) speaks 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)