The Energy Gang

As policy changes course in the US, is energy efficiency the key that can unlock a sustainable future?In our latest episode from the COP29 climate talks in Baku, Azerbaijan, host Ed Crooks talks to our guests about the challenges facing the energy transition, including the far-reaching implications of a second Trump administration, as asks whether getting smarter about the ways we use energy can be part of the solution.In the first part of the show, Ed welcomes back Vijay Vaitheeswaran, Global Energy and Climate Innovation Editor at The Economist. He and his team have a couple of big pieces in the latest edition, giving their views on the outlook for the transition in the US and around the world. They are joined by Zach Friedman, Senior Director of Federal Policy at Ceres, which is a US-based group that works with investors and businesses in sustainability issues.The trio discuss how US energy policy is likely to change under the Trump administration and a Republican-controlled Congress. They debate whether innovative mechanisms such carbon tariff for the US that is like the European carbon border adjustment mechanism could help align the administration’s economic objectives with climate goals. They highlight some hopeful signs for clean energy development, including the prospect of permitting reform that could expedite infrastructure projects. And they also explore why energy efficiency—a critical yet often overlooked component of the energy transition—could unlock massive cost and emissions savings while paving the way for renewable energy growth. Later in the episode, Ed speaks with Jon Creyts, CEO of RMI, which describes itself as a “think-tank, a do-tank and a scale-tank”. He makes a compelling case for why energy efficiency is the "first fuel" of the transition: the best fuel of all is the fuel you don’t need. He argues for the central role of efficiency in reducing emissions, lowering costs, and supporting renewable energy targets. At COP28 in Dubai a year ago, the world agreed a goal of doubling of global energy efficiency improvement rates by 2030. So far it has not made any progress towards that goal. But with innovative approaches such as modular retrofits for housing, Jon illustrates how leadership and vision can dismantle structural barriers, making energy efficiency a linchpin of the low-carbon transition.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

How a deal at the climate talks could make a real difference to the energy transitionIn our latest episode from the COP29 climate talks in Baku, Azerbaijan, Ed Crooks explores the challenges and opportunities of mobilizing climate finance to support the energy transition in emerging markets.As the "Finance COP", COP29 is under pressure to deliver concrete outcomes on climate finance. The goal is an agreement that could mean $1 trillion a year or more flowing from rich countries to low and middle-income countries, to finance cuts in greenhouse gas emissions and investments to help communities adapt to the impacts of climate change.But what does climate finance really mean for countries tackling the climate challenge? And how can innovative funding solutions and systemic reforms ensure that financing reaches the countries and projects that need it most?On this episode, Ed is joined by Raquel Moses of the Caribbean Climate Smart Accelerator, which helps low-carbon energy projects in the region find commercial backers. She emphasizes the importance of disaggregating climate finance into grants, equity, concessionary loans, and other forms of lending, and explains why it is so important for everyone at COP29 and beyond to be clear about what they mean when they talk about it. Clarity on funding is critical for clearing obstacles to project development, particularly in the Caribbean and other emerging markets.Ben Attia of Allied Climate Partners also joins the discussion. He highlights the shortage of bankable projects in emerging markets, and explains how his organization deploys philanthropic capital to de-risk early-stage infrastructure developments. By preparing projects for commercial investment, ACP helps bridge the gap between available funding and viable projects.Raquel and Ben argue that addressing systemic issues, including the lack of early-stage equity investment, the complexity of aggregating small projects, and the risks associated with currency fluctuations in emerging markets, are essential to unlocking the $1 trillion-plus in annual climate finance needed to meet global goals.Finally, Ed talks to JP Thia, lead economist of the Asian Infrastructure Investment Bank (AIIB), to discuss the particular challenges for climate finance in Asia. It’s a region with large and often fast-growing economies, with a hunger for increased energy supply. JP discusses the importance of pairing climate goals with economic development, to align incentives and drive participation from the Global South.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

As many nations face challenges in meeting their Paris Agreement goals, some businesses are stepping up to fill the gap. Climate action is not just a responsibility but a lucrative opportunity In this latest episode of The Energy Gang from COP29 in Baku, Azerbaijan, Ed Crooks explores the critical role of businesses in addressing climate change. He talks to business leaders and experts about the challenges and opportunities facing companies at the forefront of climate action. Ed and his guests explore how industries such as steel, chemicals, and transportation are innovating to transition to low-carbon solutions. Nicolette Bartlett of the CDP, the disclosure platform for carbon and other environmental impacts, says the business opportunities in addressing climate change have soared in recent years. Companies with emissions reduction goals want to drive decarbonization of their supply chains, creating new markets for businesses that can shrink their carbon footprints. Mike Train, the Chief Sustainability Officer of Emerson, one of the world’s leading industrial automation groups, says his company is still committed to a roadmap for achieving 100% renewable electricity and net-zero emissions by 2030. Mike explains how transparency, innovation, and employee engagement are key to balancing investment costs with long-term growth. Finally, Ed is joined by the leaders of two groups that work with blue-chip companies including Amazon, Google, Ikea and Netflix. Maria Mendiluce, of the We Mean Business Coalition, and Johan Falk, of the Exponential Roadmap Initiative, discuss why businesses are pivotal in shaping global climate policies. From lobbying for ambitious targets to fostering collaboration across value chains, companies are driving progress even amid geopolitical and economic uncertainties. The episode also explores the connections between government policies and corporate strategies. Businesses need consistent regulations and financial frameworks to unlock investments and accelerate the transition to renewable energy and sustainable practices. As COP29 continues, the focus remains on achieving an ambitious deal on climate finance to support developing countries and emerging economies. The conversations from this episode underscore the need for public and private sector efforts to work together to deliver real change.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A special COP29 episode exploring the power of states, regions, and cities to advance the energy transition amid uncertain national policiesIn this special episode of The Energy Gang from COP29, Ed Crooks brings together a panel of expert guests in Baku, Azerbaijan, to discuss the global implications of the US election and the growing importance of state-level leadership in climate action. He is joined by Wade Crowfoot, California's Secretary for Natural Resources; Travis Kellerman, Senior Climate Policy Advisor to New Mexico's Governor, and Jessica Trancik, a professor at the Institute for Data, Systems and Society at MIT. Ed and his guests explore the evolving dynamics between US states and federal policy in the face of a second Trump administration’s likely withdrawal from the Paris climate agreement.The panel discuss the role of US states as climate pioneers, especially as federal support wanes. California and New Mexico, along with other climate-active states, are championing clean energy policies, pushing for renewables and other low-carbon infrastructure, and setting emissions standards that other states and countries will follow. Wade and Travis talk about the differences and similarities between the challenges they face, and their individual and collective responses. Some of their ideas, including permitting reform, may be aligned with the priorities of the Trump administration. Others such as stricter vehicle emissions standards, will not. One area that could offer scope for co-operation between the federal government and climate-forward states is the need to boost electricity supplies for artificial intelligence, which is a priority for national security as well as economic growth. Jessica Trancik explains the potential innovative approaches to power data centers from clean energy sources. Helen Clarkson, CEO of The Climate Group, also joins the show to share insights from her work, highlighting how states, cities, and regions around the world are forming coalitions that share knowledge and drive ambitious climate commitments. The gang also provide their thoughts on COP29 as a platform for international dialogue and collaboration, and discuss the importance of these gatherings for holding governments accountable and inspiring innovation in climate action.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.