Switched On

Mohith Velamala, a senior associate on BloombergNEF's oil team, discusses the challenges of decarbonizing the maritime sector, EU policies, and the outlook for clean shipping fuels. They explore the potential of ammonia, methane, and LNG as viable options and the long-term impact on fleet growth and carbon footprint.

Kwasi Ampofo from BNEF's team discusses Canada surpassing China in battery supply chain potential. Topics include ranking methodology, lithium market volatility, and Indonesian policy impact on nickel prices.

The aviation industry’s pathway to net zero is far from certain. Operational improvements and technologies such as sustainable aviation fuel and zero-emission aircraft could offer substantial emissions reductions, but questions remain around timing, scalability and customers’ willingness to pay. So what strategies can airlines apply to reduce their carbon footprint and meet their net-zero commitments? On today’s show, Jade Patterson, a BloombergNEF senior associate in sustainable fuels, interviews United Airlines’ Chief Sustainability Officer, Lauren Riley. Together they discuss United’s strategy for achieving its climate goals, the governmental policies that could encourage carriers to adopt greener practices, and the venture fund that United has founded to help clean up aviation writ large. Complementary BNEF research on the trends driving the transition to a lower-carbon economy can be found at BNEF<GO> on the Bloomberg Terminal or on bnef.com Links to BNEF Forums and Summits: Link to BNEF's Regional Forums page - https://bbgevent.app/bloombergnef-forum-2024/#/ Link to BNEF's Flagship Summits page - https://about.bnef.com/summit/See omnystudio.com/listener for privacy information.

Exploring the potential of chemical recycling to tackle plastic waste pollution and inefficiencies, with a focus on different forms of chemical recycling, investment drivers, and the destinations for recycled plastics. Discussing the challenges of mechanical recycling, the growth of chemical recycling plants, economic dynamics, and the optimistic future of chemical recycling in addressing hard-to-recycle waste.

Exploring the importance of recycling EV batteries for key metals, discussing production scrap as a feedstock, EV ownership's impact on metal availability, and policies incentivizing battery recycling. Also, delving into emissions reduction, second life market, global trends, and advancements in battery recycling technologies.

China is implementing an ambitious clean energy plan, aiming for 1,200 gigawatts of renewable capacity by 2030. The focus is on building megabases to generate a significant portion of this target. Analysts discuss policies driving megabase rollout, impact of demand on equipment prices, and new ultra-high voltage grids for power transmission. China's objective is to achieve 455 gigawatts of wind and solar projects by 2030, presenting significant challenges and opportunities.

BNEF experts discuss global investment trends in clean energy transition, highlighting record-breaking $1.5 trillion investments. Topics include clean energy supply chains, net-zero targets, and climate tech equity financing. Insightful analysis on sectors like electrified transport, renewables, hydrogen, and battery metals. Predictions indicate a rise in clean energy supply chain investments from $135 billion to $250 billion by 2025.

California State Senator Scott Wiener discusses the need for better public transportation alongside the shift to cleaner cars, the new law on corporate emissions disclosure, and the potential impact of a Trump second term on the Golden State.

Kathy Gao, Senior Associate from BloombergNEF’s Hydrogen team, discusses the potential for shipping and aviation to be customers in the hydrogen sector, the viability of nuclear hydrogen production, and the policies driving supply and demand in 2024.

Exploring the importance of bank financing in the energy transition towards decarbonization and the concept of energy supply banking ratios. The role of banks in financing the energy sector and the need for more low carbon investment. The relationship between bank financing volumes and real economy capital investment in the energy sector and the impact of interest rate rises on energy financing. The net zero banking alliance and the Glasgow Financial Alliance for net zero and their goals to reduce finance emissions to zero by 2050.