Climate change impacts "national security, it affects supply chains, it affects daily life," Chris Sacca, founder of Lowercase Capital, said at the Axios BFD event Wednesday.
What he said: "It's bad," Sacca said on the state of the climate. "What's worse is that it's exposed how climate just isn't hippy sh*t."
The big picture: Sacca said this will provide businesses an opportunity for the "biggest economic transformation in the history of the planet."
- "There is no line of business that will not be impacted by climate," he added.
Flashback: Sacca wrote a 12-page letter to potential investors in Lowercarbon Capital, the climate-focused firm he launched in 2021, that the "climate is f’d. Even worse than it seems."
Go deeper: Watch: Axios BFD