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Zero: The Climate Race

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

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All Episodes

29:28

The biggest opportunity in the history of the world

Zero: The Climate Race ·

2023/05/25

Dipender Saluja is the Managing Director of Capricorn Investment Group, a venture capital firm with $9B under management. He was an early investor in Tesla. Today Dipender leads Capricorn’s clean tech investments effort and is betting on nuclear fusion, next gen batteries and electric aviation as the next moneymakers in decarbonizing the economy. Dipender has worked in Silicon Valley for 35 years. This week, Akshat talks with him about why he got interested in venture capital, climate tech, and how

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9:19

Does it matter if the world breaches 1.5C for a...

Zero: The Climate Race ·

2023/05/18

This week a new report was released by the World Meteorological Organization (WMO) that says we are likely to exceed 1.5C of warming for a single year at some point in the next five years. It’s a big deal for many reasons, especially because limiting global warming to within 1.5C of pre-industrial temperatures is a key goal of the Paris Agreement. In this bonus episode of Zero, Akshat Rathi and Oscar Boyd talk about what the WMO report says and why it matters. Read more about the WMO

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34:18

Redesigning cities for a future of extreme heat

Zero: The Climate Race ·

2023/05/18

At their best, cities can be a climate solution: densely packed places with good public transport, effective health care, and plenty for everyone to do. Combined with clean energy, they become carbon-efficient centers. But cities can also be a climate disaster: Low levels of vegetation, big concrete buildings, high traffic and poor airflow create the perfect conditions for extreme heat waves. As cities grow and an ever greater percentage of the population become urban dwellers, the impacts of these

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29:22

Biden’s climate bill is changing climate tech, and...

Zero: The Climate Race ·

2023/05/11

It’s been eight months since President Biden signed the Inflation Reduction Act. Already the hundreds of billions of dollars it contains for clean energy and slowing climate change —alongside private venture capital investments — are funding a wide array of climate technology projects, from decarbonizing infrastructure to rust-based battery storage. This week we are sharing an episode of the Bloomberg podcast The Big Take that looks at where all the money in U.S. President Biden's signature climate

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31:33

How the Bezos Earth Fund spends its billions

Zero: The Climate Race ·

2023/05/04

Amazon made Jeff Bezos very rich. In 2020, he decided to pledge a portion of that wealth — $10 billion — to launch the Bezos Earth Fund. It is the largest commitment to climate philanthropy ever made and, by most measures, a vast amount of money. But it is also a small fraction of the $3.5 trillion that is needed annually to hit net zero by 2050. To make an impact, it has to be spent strategically and attract a lot more money from governments and corporations. This week on Zero, Akshat Rathi asks

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34:16

High hopes for biodiversity, but who will pay?

Zero: The Climate Race ·

2023/04/27

The world is in the middle of the sixth mass extinction and this time it's being driven by human activity. Slowing it down will provide benefits for tackling climate change, and solutions to reign in global warming will help stem biodiversity loss. But this win-win scenario isn't straightforward to put into action. In December, world leaders gathered at COP15 in Montreal and agreed upon a new global biodiversity framework, with 23 targets including a goal of protecting 30% of all land, waters and

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31:14

Best of: Inside the stealth startup making...

Zero: The Climate Race ·

2023/04/20

Steel is the backbone of modern society, and it’s also responsible for 7% of global greenhouse-gas emissions. Last summer, Bloomberg Green reporter Akshat Rathi visited a US startup that says they can clean it all up. Operating in a suburban office park in Colorado, Electra claims to have developed a way to get through the most energy-intensive part of steelmaking at temperatures lower than fresh coffee. Akshat dives into the science and story of Electra with CEO Sandeep Nijhawan. This episode first

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32:32

The climate case for flying cars

Zero: The Climate Race ·

2023/04/13

Electric aviation fulfills two futuristic promises – flying cars and emissions-free air travel. This week, meet the professor who is working to make it happen. Venkat Viswanathan, a professor at Carnegie Mellon University, is working to create a battery that can power an aircraft on a trip over 200 miles. Venkat talks to Akshat about the network of people involved in electric aviation, how long it will take to develop such a light and powerful battery, and why aviation is the most important problem

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24:07

A kingdom built on oil now controls the world’s...

Zero: The Climate Race ·

2023/04/05

When Sultan Al Jaber was made president of COP28, the year’s biggest climate summit, there was outrage. How can the head of a giant oil company Abu Dhabi National Oil Co. – think Exxon and BP combined – convince the world to cut emissions faster? But Al Jaber isn’t an oil boss cut from the same mold. He spent a decade as a renewables executive. This week on Zero, Bloomberg Green Executive Editor Aaron Rutkoff talks to Senior Reporter Akshat Rathi about his new in-depth profile of Al Jaber exploring

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25:22

How to build a battery that replaces a coal plant

Zero: The Climate Race ·

2023/03/30

This week, a visit to the energy startup trying to replace coal with a very cheap battery. Form Energy has attracted nearly $900 million in investments and is building its first manufacturing facility in the US. Its big innovation relies on rust. Really. The materials scientists at Form have taken the same process that’s a symbol of time slowly passing and turned it into electricity. It’s one of the first big bets that batteries could help push the grid closer to running without fossil fuels

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36:47

How the ‘rich man’s energy club’ became a climate...

Zero: The Climate Race ·

2023/03/23

How do you rebuild an international organization for the climate era? That’s what the Paris-based International Energy Agency has done over the past decade. Founded in 1974 to secure oil supplies for its members, the IEA has become a leading voice on the need to cut emissions. This week on Zero, Akshat Rathi asks Fatih Birol, executive director of the IEA, when global emissions will peak, if it’s possible to get there sooner, and why India’s solar revolution is keeping him optimistic. Want to know

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10:16

Why the new IPCC report is so important

Zero: The Climate Race ·

2023/03/21

The Intergovernmental Panel on Climate Change’s latest report is out and it makes for sober reading. Published roughly every seven years, IPCC reports are the most established body of knowledge on climate change and unique in that their summary gets a signoff from every country on the planet. The report’s findings feature in everything from government policy to investment decisions. In this bonus episode, Akshat Rathi and Oscar Boyd talk about what the latest IPCC report says, and why it matters so

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30:01

What the Silicon Valley Bank collapse means for...

Zero: The Climate Race ·

2023/03/16

What happens when a "climate bank" goes under? This week, Bloomberg Green reporter Akshat Rathi interviews the CEO of an AI battery startup that had just received $3 million in funding about the stresses of recovering money from Silicon Valley Bank as it collapsed. Then, Bloomberg reporter Mark Bergen explains what made SVB so important to climate tech funding and which institutions might be poised to take its place. Read more about the collapse and its impact on climate tech, here. Read a

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28:34

What it takes to become a climate tech CEO, with...

Zero: The Climate Race ·

2023/03/09

If you’ve got the technology that can change the world, are you the best person to implement it? Investors pay careful attention to the CEO of any company, but in climate tech, they deserve special scrutiny – much of the science has never been brought to scale and they are competing against the status quo, massive trillion-dollar industries. It takes business acumen to launch a profitable business and the stakes are high, so some investors prefer a seasoned entrepreneur to a scientist. Bloomberg

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41:21

Building a future where humanity will thrive, with...

Zero: The Climate Race ·

2023/03/02

Since the Human Development Index was established in 1990, it has trended gradually upward, as people’s health, wealth and opportunities have improved. But in 2019, it went into a decline then made worse by the COVID-19 pandemic and the fallout from the war in Ukraine. The impacts of these events on reversing human progress could be dwarfed by climate change, says Achim Steiner, head of the United Nations Development Programme. However, the solutions to the climate problem also offer the potential

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31:41

How Europe ditched Russian fossil fuels with...

Zero: The Climate Race ·

2023/02/23

When Russia attacked Ukraine last year, it expected to win in a three-day blitz. Instead, it’s become a protracted war with impacts felt far and wide — disrupting food systems, supply chains, geopolitics and the global economy. Europe’s most remarkable response to the war isn’t to do with sending in tanks or billions of dollars in aid to Ukraine. Instead, it’s been the surprising speed with which it has ditched Russian fossil fuels and strangled the source of funding for Russia’s war machine. In

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26:09

The new climate race between EU and US, with Jennifer...

Zero: The Climate Race ·

2023/02/16

As Germany’s climate envoy, Jennifer Morgan stands alongside John Kerry and Xie Zhenhua of China as one of the world’s top climate negotiators. But she is no typical bureaucrat. Jennifer considers herself an “activist diplomat,” and before taking up the position of envoy, she headed up Greenpeace, known for its political activism and climate stunts. Bloomberg Green’s Akshat Rathi sat down with Jennifer at the World Economic Forum in Davos to ask her whether the EU needs to compete more aggressively

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24:12

Everybody wants a better battery, Christine Ho is...

Zero: The Climate Race ·

2023/02/09

This summer, Bloomberg Green reporter Akshat Rathi visited Imprint Energy, a Silicon Valley startup that prints batteries. Using the same tools as screenprinters, Imprint Energy prints thousands of batteries to power shipping labels that can report the movement, temperature, and even humidity that packages are exposed to. Imprint’s batteries are being tested by companies that ship food, crop seeds and even vaccines. Akshat speaks with founder and inventor Christine Ho about how she bootstrapped the

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34:09

Can Sweden’s 27-year-old climate minister match up to...

Zero: The Climate Race ·

2023/02/02

Sweden is known for its climate ambition, and was the first country to set a goal to reach net zero by 2045. Yet a new government aligned with the far-right Sweden Democrats has thrown that commitment into question. Enter Romina Pourmokhtari who, at 26 years old, became the country's youngest-ever cabinet member when she was chosen as climate minister in October. This week on Zero, Akshat Rathi asks Romina whether Sweden will still meet its climate commitments, how her first 100 days in office have

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39:17

High-octane capitalism meets climate change, with...

Zero: The Climate Race ·

2023/01/26

In 2020, Silicon Valley investor Chamath Palihapitiya said he wanted to create a holding company for climate tech and asked for people to submit their frameworks for making it happen. Whoever was chosen as a finalist would help implement it. He got over 1,500 submissions, but he never ended up making that holding company. Why? Will this ever be possible? Bloomberg Green reporter Akshat Rathi talks to Chamath about the difficulty of learning to invest in climate tech, the future of his investing

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204 results

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