111a. Special Episode - Live from COP28 in Dubai. With Bruce Douglas, CEO Global Renewable Alliance, on 3xRenewables
Dec 10, 2023
auto_awesome
Bruce Douglas, CEO Global Renewable Alliance, discusses the key message of tripling renewables by the end of the decade at COP28. The podcast covers the endorsement of the pledge by 125 countries, the role of business in climate change discussions, the need for updated studies and reports, and encounters with world leaders emphasizing the need for action and accountability for renewable energy.
The COP28 conference is focused on tripling renewables and doubling energy efficiency to decarbonize the power sector by the end of the decade.
Collaboration with long-duration energy storage and green hydrogen is crucial for stability and flexibility in scaling up renewables.
Deep dives
COP: The Global Stage for Climate Negotiations
The COP, or Conference of the Parties, is the center of the world for climate negotiations. It consists of the green zone, which focuses on business, and the blue zone, where country pavilions are located. COP 28 is being hailed as the Renewables COP, marking a significant shift in recognizing the importance of renewable energy. The private sector and renewables industry are now more involved in the negotiations, with 125 countries endorsing the pledge to triple renewables and double energy efficiency. The aim is to decarbonize the power sector by increasing renewable capacity and energy efficiency globally.
The Significance of the Global Stock Take
The COP is a global stock take that evaluates progress towards climate goals. So far, the national contributions fall far short of the 1.5-degree pathway needed to combat climate change. The energy text in the negotiations includes targets for tripling renewables, doubling energy efficiency, and phasing out fossil fuels. The outcome is crucial as it sets the stage for future actions and holds countries accountable. It is essential to have strong, unambiguous language with legally binding targets and a review process. The business presence in the blue zone brings positivity and dynamism to finding solutions.
Renewables as the Key to a Clean Energy Future
Renewables are gaining momentum globally, supported by mature technology, record-breaking installations, and decreasing costs. Scaling up renewables is vital for zero-carbon power generation by 2030. The collaboration of the renewables industry with long-duration energy storage and green hydrogen is crucial for stability and flexibility in the energy system. Transmission and storage are essential for the successful transition to a renewable energy future. While nuclear power plays a role as a low-carbon option, its timeframe for expansion does not align with the urgency of decarbonizing the power sector. Renewables are seen as a once-in-a-generation opportunity to make a significant impact.
This Sunday, a Special Episode. We are going live to COP28 in Dubai.
Our special guest is Bruce Douglas, CEO Global Renewable Alliance, who is spearheading the effort around the key message “Double down, Triple Up” or how we will decarbonise by tripling renewables by the end of the decade.
Bruce tells us how it is on the ground, how he is having the busiest week of his life, and how the positive message is now being relayed by hundreds of Heads of State and key business decision makers.
"COP28 text finally agreed - this is HUGE! Massive gratitude to everyone who made this possible 🙏 - proudest moment of my career so far... 😍 “The inclusion of tripling renewables in the final COP28 text is unprecedented and signals the start of a massive clean energy revolution. It is the first time all nations have recognised renewable energy as the main solution to the climate crisis, representing a paradigm shift in the energy transition."
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode