Climate Positive

In this episode, Hilary Langer met with Dr. Antonius Gagern, the Executive Director of the Carbon to Sea Initiative, for a lively conservation about a hot topic: the promises and sensitivities of tinkering with the ocean’s chemistry to enable it to store more carbon dioxide. Initial research on ocean alkalinity enhancement supports its potential as a significant means of capturing carbon. Carbon to Sea is a $50M non-profit effort that brings together leading funders and researchers to explore ocean alkalinity enhancement.  The area is gaining increasing attention and traction, as evidenced by the White House’s launch of a “Fast-Track Action Committee” on Marine Carbon Dioxide Removal. Within the past year, the U.S. federal government has put out about $100 million in grants to accelerate research in the area, including $23.4M from the National Oceanic and Atmospheric Administration. Researchers and funders are balancing the urgency of action with the need to ensure that any intervention is a clear win for the oceans they seek to protect.Links: Home - Carbon to Sea InitiativeMeta's former CTO has a new $50 million project: ocean-based carbon removal | MIT Technology ReviewClimate crisis sparks effort to coax oceans to suck up carbon dioxide | Science | AAASSupercharging Nature to Suck Carbon From the Air - WSJEpisode recorded May 15, 2024 Email your feedback to Chad, Gil, Hilary, and Guy at climatepositive@hasi.com.

CNN's Chief Climate Correspondent Bill Weir shares stories of hope amidst climate change, highlighting innovations in clean energy and resilience. The podcast delves into community leadership post-disaster, proactive climate solutions, economic benefits of sustainable energy, and the importance of positive communication in addressing climate denial.

Steel is the world’s most used metal, and enables the construction of everything from buildings to wind turbines. Unfortunately, steel manufacturing is incredibly carbon intensive, contributing to approximately 8% of global green house gas emissions. As CEO of InventWood, Josh Cable envisions a future where the demand for steel can be satisfied with a renewable resouce: fast growing woods like Poplar. By densifying wood, Josh Cable’s team produces a fire-resistant product that is stronger, lighter and cheaper than steel. The final product, MettleWood is actually carbon negative. In this episode, Hilary Langer and Josh Cable discuss InventWood’s foundational technology, its early partnership with the University of Maryland, and its new 89,000 square foot manufacturing facility in Frederick, Maryland. Links:Josh Cable on LinkedInDOE Award to InventWoodLiangbing Hu makes wood stronger than steel (acs.org)Fast Company profile of InventWood innovations Episode recorded April 10, 2024 Email your feedback to Chad, Gil, Hilary, and Guy at climatepositive@hasi.com.

Disclosure. Disclosure. Disclosure. In early March, the SEC issued final climate-related disclosure rules for U.S. public companies. Designed to enhance standardization and in response to increasing investor demand, the new rules mandate companies disclose material climate risks they face and greenhouse gas emissions they generate as well as other material climate-related information. While not as comprehensive as existing mandatory climate disclosure regimes in the European Union or California, the rules represent a groundbreaking step forward in climate disclosure across the United States. In this episode, Chad Reed discusses the new rules, their implications and their detractors with Steven Rothstein, managing director at the Ceres Accelerator for Sustainable Capital Markets. Steven and his colleagues at Ceres over two decades have been instrumental in building a large and powerful investor coalition in support of greater climate disclosure and provide crucial insights on this complex and significant public policy issue. Links:SEC Adopts Rules to Enhance and Standardize Climate-Related Disclosures for InvestorsLetter from Jeffrey W. Eckel (then CEO and now Executive Chair of HASI) to U.S. SEC (June 15, 2021)Ceres: Get ready for standardized climate disclosureEpisode recorded March 29, 2024 Email your feedback to Chad, Gil, Hilary, and Guy at climatepositive@hasi.com.

The podcast dives into success stories of capitalism combating climate change worldwide, showcasing regions adapting economies for zero emissions. Topics include the role of people, policy, and technology, India's progress in solar power, the International Energy Agency's evolution, and the UK's decarbonization commitments.

The Sustainable Energy in America Factbook serves as a key reference for the state of renewables in the United States. To mark the release of the 12th edition, Gil Jenkins and Hilary Langer talked to the people behind the annual report: Lisa Jacobson, President of the Business Council for Sustainable Energy and Tom Rowlands-Rees, Head of Research for North America at BloombergNEF. Despite significant headwinds in 2023, including high interest rates and supply chain challenges, the factbook is full of record-shattering figures that reveal momentum toward a more sustainable energy future. Lisa and Tom discuss the importance of stable federal policies, the optimism they find in reduced emissions, and how America will need to accelerate sustainable energy development to meet carbon reduction targets.Links: The 2024 Sustainable Energy in America Factbook | BloombergNEF (bnef.com)The Business Council for Sustainable Energy (bcse.org)Lisa Jacobson | LinkedInTom Rowlands-Rees | LinkedInBloombergNEF (bnef.com)Episode recorded February 26, 2024 Email your feedback to Chad, Gil, Hilary, and Guy at climatepositive@hasi.com.

Exploring how batteries can inadvertently increase emissions instead of reducing them, the podcast highlights the urgent need for economic incentives to support grid decarbonization. Insights on unlocking revenue streams, addressing battery deployment factors, and promoting grid decarbonization efforts through carbon avoidance offsets are also discussed. The episode concludes with a focus on personal productivity, influential books, and the importance of being climate positive.

In this week's episode, Gil Jenkins sits down with Steve Raeder, the founder and CEO of Summit Ridge Energy. As a leading player in the community solar market, Summit Ridge Energy (SRE) has made significant strides since its inception in 2017, deploying over $1.6 billion into clean energy assets. With a robust development pipeline of more than 2 GW, SRE will have more than 400 MW of solar PV online by the end of 2024, powering 50,000 homes and businesses. During the conversation, Steve opens up about his journey from SunEdison to founding Summit SRE. He breaks down the incredible value proposition for community solar, which offers guaranteed savings to both residential and small commercial customers while underscoring its pivotal role in the broader energy transition. Steve also discusses SRE’s growth strategy. Giving his outlook on the future of the community solar market, he details how the company is positioning itself to capitalize on this sector's continued growth. Additionally, Steve talks about the company’s solar panel supply partnership with Qcells, which was announced last year and is the largest domestic community solar purchase ever. He also shares insights into their innovative sustainability apprenticeship program in Chicago. Note: Summit Ridge Energy is a client of HASI. Links: Summit Ridge Energy WebsiteSummit Ridge Energy on LinkedInSummit Ridge Energy on XSteve Raeder on LinkedInPress Release: Summit Ridge Energy and Qcells Announce Largest Community Solar Partnership in the U.S (April 6, 2023)Article: Clean energy job training has started at Chicago’s Sustainability Hub (Solar Power World, May 2, 2023)Summit Ridge Energy’s “Bomber” Project - Nation's Largest Rooftop Community Solar ArrayPress Release: HASI and Summit Ridge Energy Expand Partnership with New 250 MW Community Solar Portfolio in Illinois and Maryland (August 29, 2023)Article: How to run your house on clean electricity, no solar panels required (Washington Post, February 8, 2023)Steve’s Book Recommendation: A Sense of Urgency, by Dr. John KotterEpisode recorded January 24, 2024 Email your feedback to Chad, Gil, Hilary, and Guy at climatepositive@hasi.com.

At the end of 2022, 200 countries signed the Kunming-Montreal Global Biodiversity Framework – what some have called the “Paris Agreement for Nature”. It calls on signatories to work together to enhance the resilience of natural ecosystems and to turn the tide on species extinction rates through the setting of national targets, the establishment of disclosure regimes and the creation of innovative financing mechanisms – such as biodiversity credits. While there has been some subsequent positive international progress on this front driven by the UK and others, most biodiversity credit markets remain in very nascent stages.In this episode, HASI’s investment team lead for nature-based solutions Tim Mooradd speaks with Tim Male and Ryan Sarsfield of the Environmental Policy Innovation Center (EPIC). They discuss the imperative of protecting and valuing biodiversity, the existing and potential buyers for biodiversity credits, lessons learned from other environmental markets and much more. Note also that the HASI Foundation recently provided a grant to EPIC for its work at the intersection of climate action and social justice. Links:Environmental Policy Innovation CenterBiodiversity Credits Gain Traction but Questions PersistNature’s Metropolis: Chicago and the Great West by William CrononEpisode recorded January 10, 2024Email your feedback to Chad, Gil, and Hilary at climatepositive@hasi.com or tweet them to @ClimatePosiPod. Email your feedback to Chad, Gil, Hilary, and Guy at climatepositive@hasi.com.

America’s dramatic shift towards renewable energy generation in remote areas will require a substantial transmission build-out in the years ahead, potentially doubling or tripling the current grid. In other words, there is no transition without transmission. While it's crucial that we expedite the construction of large power lines at a much faster clip, there's another technology solution that demands equal attention. This parallel approach involves the use of Grid-Enhancing Technologies (GETs). GETs offer a modular, cost-effective path to enhancing our existing infrastructure while also significantly amplifying the efficacy of new transmission investments. To gain deeper insights into how GETs can help us meet the needs of the 21st-century electric grid, accelerate the clean energy transition, and lower energy costs, Gil Jenkins and Manish Chaturvedi spoke with Julia Selker, Executive Director of WATT Coalition.Links:WATT Coalition WATT Coalition WebsiteWhat are Grid Enhancing Technologies?Whitepaper: Building a Better Grid: How Grid Enhancing Technologies Complement Transmission Buildouts (WATT Coalition & Brattle Group, April 20, 2023)WATT Coalition LinkedInWATT Coalition XMore on Julia: Julia Selker is Executive Director of the WATT Coalition and Director of Policy and Strategy and Chief Operating Officer for Grid Strategies. She previously worked for the Business Council on Sustainable Energy, the technology startup Faraday Grid, and interned with Congressman Peter DeFazio focused on energy and climate policy. Prior to coming to Washington, DC, Julia worked on the launch of Monterey Bay Community Power through the public relations agency Miller Maxfield, Inc., in Santa Cruz, California. Julia previously worked for the Bulleit Group, a San Francisco public relations agency. She has a bachelor’s degree in physics from Reed College. Julia Selker LinkedInJulia Selker XLinkedIn Post: The grid fairy godmothers of the energy transition (Julia Selker, August 3, 2023)Episode recorded December 8, 2023Email your feedback to Chad, Gil, and Hilary at climatepositive@hasi.com or tweet them to @ClimatePosiPod. Email your feedback to Chad, Gil, Hilary, and Guy at climatepositive@hasi.com.