Zero: The Climate Race

General Electric Co was officially founded in 1892, when several of inventor Thomas Edison's ventures were consolidated into one company. From then on, it was a behemoth. But now that’s changed: A break-up that began last year has concluded with GE splitting off into three separate companies. Scott Strazik is the CEO of GE Vernova, which focuses on wind turbines, nuclear power, and carbon capture, as well as grid solutions such as software and batteries. Strazik joins Zero to talk about how the company is in the "early innings of an investment super cycle," and how it intends to overcome difficulties in offshore wind.  Explore further: Past episode about the grid and the march toward electrification Past episode about how Microsoft is squaring its AI growth with its carbon negative ambitions  Past episode with BloombergNEF’s Jenny Chase about the goal of tripling renewables by 2030 Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Will Mathis, Siobhan Wagner, Monique Mulima, Ethan Steinberg, Blake Maples, and Jessica Beck. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

It went well past the official deadline, late into the night – but finally, COP29 ended with a deal. Hardly anyone felt victorious. Back from Baku, reporter Akshat Rathi tells producer Mythili Rao why the agreed on New Climate Quantified Goal of $300 billion made both developed and developing countries unhappy, and he shares what heads of state and ministers from Denmark to Mauritania and Indonesia to Israel had to tell Zero about this year’s conference. Explore further: Past episode about COP29 President Mukhtar Babayev’s challenges in Baku Past episode about why climate finance fights were expected to dominate COP29 Past episode with Brazil’s climate secretary about the country’s vision for COP30 Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks to Siobhan Wagner, Sharon Chen, Jen Dlouhy, Alfred Cang, John Ainger, Natasha White, Will Kennedy, Rakteem Katakey, and Aaron Rutkoff. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

Plans are already underway for COP30 to pick up the baton-- and tackle COP29's unfinished business. Next year’s climate conference is set to take place in Belem, Brazil, a gateway to the Amazon rainforest. André Corrêa do Lago, Brazil’s Secretary for Climate, Energy and the Environment tells Akshat Rathi that although holding a global summit in Belem poses logistical challenges, the symbolism of the location holds “fantastic political power.”  Explore further: Past episode about Azerbaijan’s challenges with hosting COP29 in Baku Past episode with Brazil's chief climate negotiator, Liliam Chagas, about the viability of a fossil fuel nonproliferation treaty Past episode with ExxonMobil CEO Darren Woods, about his decision to attend COP29 Zero is a production of Bloomberg Green. Our producer is Mythili Rao.  Special thanks to Simone Iglesias, Siobhan Wagner, Ethan Steinberg, Blake Maples, and Jessica Beck. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

At COP29 in Baku, Akshat Rathi is joined on stage at Bloomberg Green’s live event by Ali Zaidi, President Biden’s National Climate Advisor. Zaidi argues that it would be “economic malpractice” for the Trump administration to abandon the energy transition. Plus, veteran climate diplomat Jonathan Pershing explains why he believes global competition will result in an “acceleration of action” on green policy. Explore further: Past episode with Ali Zaidi on the momentum generated by passing the IRA Past episode with California Democratic Congressman Ro Khanna on what Trump’s election means for US climate policy Past episode with COP29 President Mukhtar Babayev on what would make this conference a success Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Jen Dlouhy, Sharon Chen, Siobhan Wagner, Ethan Steinberg, Blake Maples, and Jessica Beck. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.