Zero: The Climate Race

Before he founded the geothermal startup Fervo in 2017, Tim Latimer was a drilling engineer for the oil and gas industry — a job he loved. “Honestly, if it wasn't for climate change, I probably wouldn’t have ever changed my career,” he says this week on Zero. Now Latimer is applying his drilling know-how to Fervo’s wells, supercharging their energy production in the process. The company opened its first power plant in Nevada late in 2023, and is now in the process of opening another plant in Utah. Latimer and Akshat Rathi chat about opportunities in geothermal, the infernal permitting process, and why Fervo has its sights on expanding into Kenya, Indonesia, Turkey and the Philippines. Explore further: Past episode with the National Grid’s Sanjeet Sanghera about the need to update the grid on the path to net zero Past episode with Bill Gates about investing in nuclear power and other green energy plants Past episode with BNEF’s Claire Curry about how clean energy technology startups can succeed in a difficult investment climate  Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim and Monique Mulima. 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.

The “cold chain” that delivers our food is inconspicuous but vast. The US alone boasts around 5.5 billion cubic feet of refrigerated space; that’s 150 Empire State Buildings’ worth of freezers. Now, the developing world is catching up. On Zero, Nicola Twilley, author of Frostbite: How Refrigeration Changed Our Food, Our Planet, and Ourselves, discusses how refrigeration became so ubiquitous and what our reliance on it means for our palates and the planet.  Explore further: Past episode with Stacey Abrams on how kitchen-table decisions can cut emissions Past episode with journalist George Monbiot on how the world’s food system needs a radical rethink  Past episode with two vertical farming companies taking agriculture indoors Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Aaron Rutkoff and Monique Mulima. 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.

This week on Zero, reporter Akshat Rathi sits down with Renee Salas, an emergency medicine physician at Massachusetts General Hospital and Harvard Medical School and a leading expert on the health impacts of global warming. The intersection of health and climate change is a growing area of research, and an increasingly urgent one: Heat deaths among seniors, for example, are projected to increase 370% by mid-century.  But even the young and relatively healthy are at risk. “The take-home I want everyone to go away with is that we all are at risk for this,” Salas says, “especially as we get into more and more extreme conditions.” Explore further: Past episode with climate scientist Katharine Hayhoe about how higher temperatures results in “global weirding” Past episode with John Vaillant, author of Fire Weather: A True Story from A Hotter World Past episode with Eleni Myrivili, Global Chief Heat Officer at UN-Habitat about designing cities to face extreme heat Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Matthew Griffin, and Jessica Beck. 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.

Upgrading the grid for a net-zero world isn’t just a matter of building new infrastructure. Yes, miles of additional cables will be needed, as will more transformers, more substations and more engineers and technicians. But plenty of existing technology will also need to be updated. On the third episode of Zero’s grid series, TS Conductor founder Jason Huang discusses the material science breakthroughs that have enabled his company to create cables that have twice the conductivity of existing cables — and just as much strength.  Explore further: Past episode with grid expert Sanjeet Sanghera about the global challenge of updating the grid Past episode with Scottish Power CEO Keith Anderson about the kinds of government interventions that can speed the march to electrification  Past episode with Bill Gates about the tech startup investment landscape Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Matthew Griffin, and Jessica Beck. 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.

As the world moves away from fossil fuels, the electricity grid will need to be able to handle a greater and greater load. In the second installment of Zero’s grid series, Akshat Rathi sits down with Scottish Power CEO Keith Anderson to talk about what that looks like in the UK. They discussed the promise of GB Energy, the challenges of hiring qualified engineers, and what the new Labour government can do to speed up the UK’s energy transition.  Explore further: Past Grid Series episode with National Grid’s Sanjeet Sanghera about the challenges of updating the grid around the world Past episode about the role of the UK’s Climate Change Committee in shaping net zero policy Past episode with Vesta’s CEO Henrik Andersen about the wind industry’s hurdles Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Matthew Griffin, and Anna Mazarakis. 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.

Even before we turn on a light switch or plug an appliance into an electric outlet, the atoms that power our daily life have traveled a long journey across the grid to reach our homes. And to meet the demands of a net zero future, that grid will need an upgrade. BloombergNEF analysis estimates that the world will need to nearly double its grid network to 111 million kilometers– a distance almost three quarters the way to the sun– by 2050. How will we get there?  Former BNEF grid expert Sanjeet Sanghera, who is now working on strategic futures at the National Grid, tells Akshat Rathi about the challenges and opportunities presented by the enormous transformation of the world’s biggest machine. Explore further: Past episode with Stacey Abrams on how Americans can switch to electric heating and appliances in their homes Past episode with Jenny Chase of BNEF on how the world can triple renewables by 2030. Past episode with MIT’s Priya Donti on how AI’s climate change applications may include grid optimization Past episode with Vestas CEO Henrik Andersen on the recovery and growth of the wind industry  Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Siobhan Wagner and Matthew Griffin. 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.

Lucie Pinson is a climate activist focused on the banks that fund fossil fuel projects. But she doesn’t march, chant, picket corporate headquarters, or glue herself to the road. Instead, she and her team at the Paris-based nonprofit Reclaim Finance get to know Corporate Social Responsibility officers, trawl through company statements and portfolios, and join shareholder calls. Reclaim Finance’s strategy is all about finding ways to pressure big financial institutions from the inside– and it works. She tells Akshat Rathi about some of the successes her organization has had, and why even bank employees who don’t care about green issues might find reasons to work with her. Explore further: Past episode with Richard Curtis of Make My Money Matter about the push to make retirement plans greener Past episode on the collapse of Silicon Valley Bank and what happens when a “climate bank” goes under  Past episode with Brynn O’Brien of the Australasian Centre for Corporate Responsibility, a shareholder activist organization focused on publicly traded companies with net zero targets  Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Matthew Griffin, Natasha White, Alastair Marsh, and Mohsis Andam. 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.

At the Bloomberg Green Festival, Akshat Rathi sits down with voting rights advocate Stacey Abrams and Ari Matusiak, who leads the nonprofit Rewiring America. Together, Abrams and Matuisiak are trying help middle and low-income families access the tax breaks that can help them affordably electrify their homes. They discussed why household emissions are such a big deal, how to connect existential questions about the future of the planet to kitchen-table decisions, and whether Joe Biden is still the right Democratic candidate for 2024.  Explore further: Past episode with Bill Gates about what another Donald Trump presidency could mean for green investments Past episode with Bill Gates about the passage of the Inflation Reduction Act Past episode with political scientist Leah Stokes on whether the US could become a global climate policy leader Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim and Matthew Griffin. 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.

In fractured times, what does it take to reach agreement? That’s the question writers Joe Murphy and Joe Robertson set out to explore in a new play about the drama of climate negotiations. Kyoto, now running at the Royal Shakespeare Company’s Swan Theater in Stratford-upon-Avon, tells the story of the 1997 Kyoto Summit as seen through the eyes of Don Pearlman, a notorious fossil fuel lobbyist and chain-smoking lawyer dubbed “the high priest of the Carbon Club” by der Speigel. Actor Stephen Kunken, who plays Pearlman, tells Akshat Rathi why he was drawn to the character, and what Kyoto can teach us about how agreement is achieved.    Explore further: Past episode with Al Gore about breaking the petrostates stranglehold on climate progress Past episode about climate change storytelling with Kim Stanley Robinson, author of Ministry for the Future Past episode with Extrapolations writer and executive producer Dorothy Fortenberry about the growing demand for climate stories Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Alicia Clanton, Anna Mazarakis, and Jessica Beck. 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.

Tackling climate change now requires not just reducing planet-warming emissions to zero, but also finding a way to draw down existing carbon dioxide from the air. Over the past few years, tech companies have taken the lead to seed hundreds of startups that want to sell carbon removal credits and help companies meet climate goals. But the failure of a major startup, Running Tide, has raised questions about the long-term viability of the market. This week on Zero, we hear from Nan Ransohoff, head of climate at Stripe, and pioneer of the carbon-removal market. Explore further: Past episode with Jennifer Wilcox of the US Department of Energy’s two gigantic carbon removal hub projects  Past episode with Mark Trexler of The Climatographers about what’s wrong with carbon offsets and how to fix them Past episode with Notre Dame professor Emily Grubert about the state of carbon capture Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Alicia Clanton, Anna Mazarakis and Jessica Beck. 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.

Earlier this month, tech billionaire Bill Gates broke ground on a new nuclear plant in Kemmerer, Wyoming– a historic coal town. Gates tells Zero why he hopes the plant, which uses sodium for cooling, rather than water, will be the first of many in the country– no matter who wins this year’s election. “The idea of the US being more energy secure and US innovation allowing us to export, those things are still somewhat bipartisan in nature,” he says. Plus, he weighs in on AI as both a major generator of emissions and as a potential source of climate solutions. Explore further: Past episode with BNEF’s Claire Curry on how energy startups can dodge the valley of death Past episode with Brookfield Asset Management CCEO Connor Teskey on making renewables a profitable bet Past episode with Bill Gates on the significance of the Inflation Reduction Act Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Kate Evans, and Alicia Clanton. 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.

We are living through the hottest year on record. That’s not news, but growing climate impacts make bigger and bigger news. At 1.3C of warming beyond pre-industrial levels, people are reckoning with a planetary system that’s out of whack. It’s not like the scientists didn’t see worsening impacts coming, but many of them have been surprised by the ferocity with which some have played out. On this week’s episode of Zero, Bloomberg Green’s Akshat Rathi speaks with his colleague Eric Roston, and Texas Tech University professor Katharine Hayhoe explains why we’re all experiencing “global weirding.” Explore further: Past episode about the role fire will play in shaping the 21st century. Past episode with UN’s global chief heat officer about redesigning cities. Past episode about finding trillions of dollars needed for climate adaptation. Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Anna Mazarakis and Alicia Clanton. 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.

The 2016 fire that encircled the oil-producing town of Fort McMurray in Alberta, Canada, forced more than 80,000 people to evacuate and left billions of dollars in damage in its wake. It was a disaster of record-breaking proportions, but also an inevitable byproduct of mankind’s obsession with burning fossil fuels. In this episode, John Vaillant, author of Fire Weather: A True Story from A Hotter World, explains how Canada’s fossil fuel industry came into being, why its existence made the Fort McMurray disaster more likely, and what our collective obsession with fire means for the future of our species. Explore further: Past episode about the COP28 text and the significance of agreeing to transition off fossil fuels Past episode with Bloomberg Opinion columnist David Fickling about whether the world has reached peak crude oil demand Past episode about how wildfire smoke and air pollution affect your health Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Anna Mazarakis and Alicia Clanton. 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.

All of Japan's 54 nuclear reactors were shut down after the 2011 earthquake and tsunami. As the country's energy needs soar, debate is heating up over whether to bring the world’s largest nuclear plant back online. In this bonus from The Big Take Asia, host K. Oanh Ha speaks to reporter Shoko Oda about her visit to the Kashiwazaki Kariwa plant and the challenges to rebooting it.See omnystudio.com/listener for privacy information.

Over the past 18 months, Tesla has missed its sales goals, seen its share price fall and waded through a series of dramatic decisions from Chief Executive Officer Elon Musk, who cut car prices, fired much of the Supercharger team and announced nebulous plans to release a robotaxi. All of that looks like a pivot away from the original mission of making mass-market electric cars, but does Tesla going off course really matter to the EV transition? On this week’s Zero, Bloomberg Opinion columnist Liam Denning digs into Tesla’s strategy and what its evolution means for global adoption of electric cars.  Explore further: Past episode with Carnegie Mellon University professor Venkat Viswanathan on the futuristic promises of flying cars and emission-free aviation Past episode with Bloomberg NEF’s Colin McKerracher on why China has been successful in the EV transition where others haven’t been Past bonus episode with Bloomberg NEF’s Colin McKerracher on electrifying vans, trucks, and buses. Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Brendan Newnam, Anna Mazarakis and Alicia Clanton. 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.

Depending on who you ask, AI is either going to save the world or end it. The technology’s capacity for data-crunching and problem-saving can help predict weather events, making it easier to optimize power grids, prepare for natural disasters, and maximize crop output. But artificial intelligence is also energy intensive – and easy to apply to ethically questionable ends. For all of these reasons, Priya Donti, professor of electrical engineering and AI at MIT, decided to found Climate Change AI, a group dedicated to applying AI to tackle climate problems.   Donti tells Akshat Rathi about some of the projects the group is funding around the world, and what the democratization of AI would look like in practice.   Explore further: Past episode about Microsoft’s rising AI emissions, and President Brad Smith’s claim that the AI will do more good than harm Past episode with African Development Bank president Akinwumi Adesina about climate innovation projects across the African continent Past episode with climate scientist and  champion for developing countries Saleemul Huq Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Anna Mazarakis and Alicia Clanton. 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.

Microsoft’s recent push to capitalize on artificial intelligence has made it the world’s most valuable company. But according to new figures, that ambition is coming  at the expense of its climate goals. In 2020, the company pledged to be carbon-negative by the end of the decade. Instead, its emissions rose 30% between 2020 and 2023. Microsoft President Brad Smith says the company isn’t giving up on its green goals — and that the good AI can do for the world will outweigh its environmental impact.  Akshat tells Zero producer Mythili Rao about his conversation with Smith, and how other tech giants will be making similar calculations. Explore further: Past episode  with BNEF’s Jenny Chase on how to triple renewable energy by 2030 Past episode with Notre Dame professor Emily Grubert about the possibility of carbon capture Past episode with Electra CEO Sandeep Nijhawan on making zero emissions steel Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Dina Bass, and Alicia Clanton. 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.

After 14 years as a member of Parliament for the UK’s Conservative Party, Chris Skidmore quit the government in January — an act of protest over Prime Minister Rishi Sunak’s decision to allow new oil and gas licenses. Skidmore says the party has lost its way when it comes to climate issues, costing the UK lives, jobs and opportunities for economic growth. In this episode, Skidmore also discusses the Net Zero Review he published while in office, and talks through climate solutions emerging outside of Westminster.  Explore further: Past episode with Chris Stark of the UK’s Climate Change Committee about whether the era of climate consensus is over  Past episode with Bryony Worthington, one of the authors of the UK’s Climate Change Act  Past episode with three US governors– Republican and Democrat– about how they  navigate partisan politics and the need for climate action.  Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim and Alicia Clanton. 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.

Five years ago, the Green Party celebrated its best-ever results in European elections, ushering in a new era of legislative progress But Covid-19, inflation, supply chain woes and Russia’s war in Ukraine stalled its ambitions. Now, in the face of lagging poll numbers, Dutch Member of European Parliament Bas Eickhout is trying to convince voters that the party’s vision of an equal and ecological Europe is still relevant – and isn’t too costly.  Explore further: Past episode with Daniel Fiorino on the challenge of democratic consensus-building when it comes to prioritizing climate policy Past episode exploring the government interventions that allowed Danish fossil fuel giant Orsted to become the world's largest developer of wind power Past episode with Europe's top industrialist Jim Hagemann Snabe on helping industrial behemoths reach climate goals Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Kira Bindrim, Alicia Clanton and John Ainger. 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.

Africa currently loses between $7 billion and $15 billion a year because of climate change. If that trend continues, the sum could reach $50 billion by 2030. But African Development Bank President Akinwumi Adesina sees a way forward. He describes the financial instruments the bank is using to encourage investors to fund green development projects across the continent. Adesina talks about making climate investments more attractive globally, and unpacks the projects the bank is already funding – from solar panels in the Sahel to a hydroelectric dam in Mozambique.  Explore further: Past episode with Avinash Persaud on simplifying the complexities of climate finance Past episode exploring how Brookfield Asset Management is making renewables profitable all around the world Past episode discussing how to get big money to invest in projects that help people adapt to a world that's already hotter than ever before Zero is a production of Bloomberg Green. Our producers are Mythili Rao, Magnus Henriksen, and Oscar Boyd. Special thanks this week to Kira Bindrim. 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.