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Zero is about the tactics and technologies taking us to a world of zero emissions. Each week Bloomberg’s award-winning reporter Akshat Rathi talks to the people tackling climate change – a venture capitalist hunting for the best cleantech investment, scientists starting companies, politicians who have successfully created climate laws, and CEOs who have completely transformed their businesses. The road to zero emissions has many paths and everyone’s got an opinion about the best route. Listen in.
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COP28 comes to a close. 200 countries came together, 100,000 people flew in, and what did they produce? A piece of text. But sometimes that piece of text can have real world consequences. In this week’s episode Akshat speaks with producer Oscar Boyd about what is in the final COP28 text and the significance of agreeing to transition off of fossil fuels. Read More: COP28 Nations Reach First-Ever Deal to Move Away From Fossil Fuels Climate Fight Takes Aim at Food in First Ever Net-Zero Plan Sign up to the Green newsletter Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.
Four billion people live in countries where climate change-related disasters are becoming more severe and frequent. Spending money to adapt, known as “climate adaptation finance” is a fraught topic. Who will pay for those adaptations and how, as well as a global goal on adaptation are all being discussed at COP28. To find out more, Akshat speaks with Patrick Verkooijen, head of the Global Center on Adaptation about the history of climate adaptation finance, what negotiations are taking place, and why the money promised still hasn’t arrived. Read More: A quick Q&A with Patrick Verkooijen at COP28 A UN report shows that the climate adaptation gap is growing Sign up to the Green newsletter Fill out Bloomberg Green's climate anxiety survey Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.
Former US Vice President Al Gore has been going to COP summits since the beginning. But he’s much more than a COP-goer. Many of today’s climate activists say that Gore’s climate documentary An Inconvenient Truth was the reason they became activists. The movie won an Academy Award in 2007 and also bagged him that year’s Nobel Peace Prize alongside the Intergovernmental Panel on Climate Change. Gore has become the de facto spokesman for climate change. In recent years and especially before COP28, he’s become much more vocal in calling out the villains. He has castigated the role of petrostates and oil companies who shape the COP agenda, saying they’ve “taken the disguise off” and are not good faith partners. Bloomberg Green senior reporter Akshat Rathi spoke with Al Gore at the Bloomberg Green Summit at COP28 in Dubai to ask him how to break the stranglehold petrostates have over COP, why tackling climate change solves many other major problems, and why big emitters can no longer hide. Read more: Al Gore Wants to Weaken Petrostates’ Power Over Global Climate Decisions — Bloomberg Akshat Rathi's book of essays about climate activists inspired by Al Gore Sign up to the Green newsletter Fill out Bloomberg Green's climate anxiety survey Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.
Tripling renewables is one of the goals the COP28 discussions are circling around. It sounds good, but what will meeting it actually entail? Jenny Chase of BloombergNEF joins Akshat to break down where more investments are needed and why decarbonizing energy is the easy part. Listen to our previous episode with Jenny Chase on solar's explosive growth Sign up to the Green newsletter Fill out Bloomberg Green's climate anxiety survey Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.
Today is the start of COP28. And for the next two weeks, Zero will be in the United Arab Emirates, along with more than 70,000 people who will come for the year’s biggest climate conference. These are set to be difficult negotiations. Getting every single country to agree to one common text is a gargantuan task. So for this first episode from COP, we wanted to hear from someone who’s been on the inside; someone who has helped forge global climate agreements from the ashes of broken diplomacy. Christiana Figueres is the cohost of the podcast Outrage & Optimism, and was formerly the head of the UNFCCC, the body tasked with running COP meetings. She took over the role at a low point in global climate negotiations in 2010 and her efforts culminated in the signing of the Paris agreement in 2015. Now, the world is way off track to meet that goal. So we wanted to hear from Christiana about what can be expected from COP28, the role the fossil fuel industry plays in negotiations, and whether the climate summit is still fit for purpose. More: Listen to Christiana's podcast, Outrage and Optimism Sign up to the Green newsletter Fill out Bloomberg Green's climate anxiety survey Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kate Mackenzie and Kira Bindrim. Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.
Trillions of dollars are needed to shift the world to a low-carbon future, but where will all that money come from? While momentum is growing in rich countries, developing countries are still struggling for finance. Without significant increases in the amount of money spent, the world is unlikely to meet its climate goals, and yet international negotiations are at a deadlock. Avinash Persaud has a plan: the Bridgetown Agenda. He’s the special envoy on investment and financial services for Barbados and is working with his country’s prime minister, Mia Mottley, to transform the global financial system. Together they are putting pressure on the World Bank and International Monetary Fund to turbocharge the roll-out of clean technologies in developing countries. This week on Zero, Akshat Rathi sits down with Avinash to discuss his plan, and why he thinks now is the time these aging financial institutions can finally be reformed. Read more: A deep dive on the Bridgetown Agenda Mia Mottley’s full speech at COP27 Making polluters pay for loss and damage Cheaper currency risk hedging could unlock trillions Read a transcript of this episode Fill out Bloomberg Green's climate anxiety survey Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kate Mackenzie and Kira Bindrim. Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.
The UN Climate Conference COP28 starts next week. Before Akshat heads to the conference he’s joined by Aaron Rutkoff, the editor of Bloomberg Green, to talk about what COP’s current controversial president Sultan Al Jaber has accomplished so far and what he must achieve. They also decode COP jargon like “orderly decline,” discuss the stakes for the UAE’s biggest diplomatic exercise and expectations for the final communiqué. Listen to related episodes: Carbon removal's magic number Big promise, little success: The state of carbon capture We need trillions to fix the climate. Finally there's a serious plan. A kingdom built on oil now controls the world’s climate progress Read articles mentioned in this episode: UAE's Oil Boss Sultan Al Jaber Has a Plan to Fix COP28 John Kerry’s Promise of ‘Millions’ for Climate Damages Criticized by Activists COP28: How to Tell If a Climate Deal Will Succeed or Fail Fill out Bloomberg Green's climate anxiety survey Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Stacey Wong and Kira Bindrim. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.
By 2025, China’s battery production capacity will be three times as much as the rest of the world combined. Why was it able to take such a commanding lead? Listen to an extract from Akshat Rathi’s new book Climate Capitalism to find out. Read more: How China Left the World Far Behind in the Battery Race - Bloomberg Read Climate Capitalism Fill out Bloomberg Green's climate anxiety survey Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.
If reducing emissions from industry is the first step for carbon capture, then drawing down excess CO2 to reverse climate change is the next. This week Akshat speaks to Dr. Jennifer Wilcox, head of the US Department of Energy’s office that is funding two gigantic carbon removal hubs and many small demonstration projects. They talk about why carbon removal is so complicated, crucial, and hitting the magic number $100. This is the second in a two part series about carbon management. Listen to the previous episode in this series: Big promise, little success: The state of carbon capture Read More: Bill Gates-Backed Startup Uses Old Wood to Remove Carbon From Air Climeworks Battles Big Oil For $1 Trillion Carbon Capture Market Send us your questions about COP via zeropod@bloomberg.net and we’ll try to answer them from the conference Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim, Brian Kahn, and Michelle Ma. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.
You may not know Jim Hagemann Snabe by name, but he has been called Europe’s top industrialist. Snabe has held leadership positions at some of the world’s biggest companies like Maersk and Siemens. He is now a chairperson of Northvolt, Europe’s largest battery manufacturer with 4,000 employees, $55B worth of orders and the competitive edge of greener batteries. Akshat spoke with Jim Snabe at the Bloomberg Tech Summit in London about how industrial behemoths like Maersk and Siemens can meet climate goals, whether zero-emission shipping will ever be a reality, and whether Northvolt can ever outcompete the Chinese battery industry. Send your questions about COP to zeropod@bloomberg.net and we’ll try to answer them from the conference. Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.
At Bloomberg, we’re always talking about the biggest business stories, and no one is bigger than Elon Musk. In this new chat weekly show, host David Papadopoulos and a panel of guests including Businessweek’s Max Chafkin, Tesla reporter Dana Hull, Big Tech editor Sarah Frier, and more, will break down the most important stories on Musk and his empire. Listen wherever you get your podcasts. See omnystudio.com/listener for privacy information.
The U.S. is spending billions on carbon capture as a climate solution, but is it realistic? The method has been around for 50 years and used primarily as a way to extract more oil. To find out how and if carbon capture can work as a climate solution, Akshat speaks with Emily Grubert, a professor at Notre Dame about what tech demonstrations have actually demonstrated and where this precious resource should be deployed. This is the first in a two part series about carbon management. Read More Occidental Quietly Ditched World's Biggest Carbon Capture Plant What Carbon Capture Failures Say About Its Future Fill out Bloomberg Green's climate anxiety survey Listen More A kingdom built on oil now controls the world’s climate progress Peak oil is here. Well, maybe. Vicki Hollub is selling net zero oil, do you buy it? Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.
Saleemul Huq was a pre-eminent climate scientist and champion for developing countries. For many years, he was a lone warrior trying to bring the issues of adaptation and loss and damage to the UN negotiating table. His death last weekend caused an outpouring of emotion across the climate world. Ahead of COP28, Zero hears from some of Saleemul’s colleagues about his life, legacy and the hole he leaves behind in climate diplomacy. Read more: Saleemul Huq's obituary Saleemul Huq and Farhana Sultana's Guardian op-ed Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.
This week, the International Energy Agency published its flagship report: The World Energy Outlook. It's hundreds of pages long and makes some bold claims. It says in the year 2030, there will be 10 times as many electric cars on the road as today, 80% of all new power generation will be solar or wind, and demand for fossil fuels – coal, oil and gas – will have peaked. The report is dominating climate news because what the IEA says makes a big difference to how governments tweak their energy policies. But how did an organization formed by a handful of countries in response to the 1973 oil crisis come to hold so much influence over our response to the climate crisis? For the answer, this week we’re revisiting one of our favorite episodes: an interview with Fatih Birol, the head of the IEA. As we approach COP28, hosted by an oil power and led by the CEO of an oil company, it’s good to understand how international organizations can be successfully transformed in the face of climate change. Read more: Read the World Energy Outlook Global Oil Demand to Reach Its Peak This Decade, IEA Says— Bloomberg Want to know more about the IEA story? Order Akshat’s book, Climate Capitalism, here. Read a transcript of this episode here Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks this week to Eric Roston, Kira Bindrim and Will Mathis. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.
Cars are only half the electric vehicle story. There are also billions of two and three wheelers that need to be electrified, as well as bigger vehicles like vans, trucks and buses. In this bonus episode of Zero, we’re joined again by Colin McKerracher, BloombergNEF’s head of advanced transport, to look beyond electric cars and hear how electrification is going for other forms of road transport. Are batteries still the answer? Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.
Peak oil is here, or is it? Depends on how you measure, but at least one person is sure crude isn’t coming back. This week Akshat speaks with Bloomberg Opinion columnist David Fickling about why he thinks the world has reached peak crude oil demand, what comes next, and what it all has to do with the American soap opera Dallas. Read more David’s original article: Peak Oil Has Finally Arrived. No, Really Not everyone agrees: The Harsh Truth: We're Using More Oil Than Ever Latest IEA forecasts: Global Oil Demand to Reach Its Peak This Decade, IEA Says Read or pre-order Akshat’s book Climate Capitalism Listen Listen to the interview with IEA head Fatih Birol Listen to the interview about EVs and oil demand with Colin McKraccher Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.
It is now cheaper to save the world than destroy it. But is capitalism up to the challenge of preventing the climate crisis? In his new book Climate Capitalism, Zero host Akshat Rathi introduces a dozen people who are already steering capitalism to solve the climate crisis: from the engineer who shaped China's electric car policies and the politician who helped make net-zero a UK law to the CEO who fought off a takeover attempt so he could stick with a sustainability strategy. Akshat argues that not only is capitalism capable of taking on the climate crisis, but harnessing it is the only way to solve the climate crisis in the time we have available. And yet while some improvements have been made over the past few years, the world is off track to meet its 2050 climate targets. So today on Zero, Bloomberg’s Greener Living editor Kira Bindrim sits down with Akshat to discuss his new book, and asks him: If climate capitalism is so doable, why does it seem so difficult? Read more: Order Akshat’s new book, Climate Capitalism Listen to the interview with Fatih Birol that Akshat mentions Hear Akshat and Kira talk about the reality of carbon footprints Read a transcript of this episode Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Anna Mazarakis, Gilda di Carli and Kira Bindrim. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.
The rise of electric cars is staggering. In 2016, just 700,000 electric cars were sold worldwide, this year it’ll be over 14 million. However, we are still off-track to meet climate goals. Colin McKerracher, head of Advanced Transport at BloombergNEF, joins Zero to discuss how electric cars can get on track to meet net-zero targets, why China has succeeded where others haven’t, and when we’ll finally see more electric cars on the roads than those burning fossil fuels. Read more: China Reaches Peak Gasoline in Milestone for Electric Vehicles Electric Vehicle Sales Top $1 Trillion in Wake-Up Call for Carmakers Electric Cars Are Winning Out Because of Consumers, Not Politicians Pre-order Akshat’s new book, Climate Capitalism Read a transcript of this episode. Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Kira Bindrim. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.
Brynn O’Brien not only reads corporate climate plans, she crunches the numbers. When they don’t add up, she calls her friends who manage trillions of dollars in assets and they all ask to speak to the manager. Brynn is the Executive Director of the Australasian Centre for Corporate Responsibility, a shareholder activist organization that works to ensure that publicly traded companies with net zero goals are conducting their coal mining, electricity generation, and other activities in a way that ensures we hit the 1.5C Paris target. Recently, ACCR has replaced part of a board, brought forward coal plant closures, and filed a lawsuit that’s taking on greenwashing. Listen to other episodes: Listen to an episode about divestment with the writer behind Love Actually Listen to our episode about Australia’s “Climate Election.” Read More: AGL Plans Massive Expansion of Renewables as it Abandons Coal - Bloomberg Order Akshat’s book Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to David Stringer and Kira Bindrim. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit bloomberg.com/green. See omnystudio.com/listener for privacy information.