POPULARITY
In this episode of Energy Evolution, host Eklavya Gupte speaks with Tim Gould, chief energy economist at the International Energy Agency (IEA). Gould shares his insights on how the expansion of renewables, coupled with geopolitics and evolving economic policies, is reshaping energy security. Gould explains the need to adapt energy supply security measures as the growth of clean energy leads to new risks, such as those arising from critical minerals and supply chain vulnerabilities. He also tells us how the IEA is beginning to see some shifts in broader energy investment trends due to a “climate of uncertainty" exacerbated by escalating trade tensions. This interview was recorded at the Summit on the Future of Energy Security in London, where representatives from over 60 governments and several energy companies convened to collaborate on the key issues facing energy markets. Energy Evolution has merged with Platts Future Energy, and episodes are now regularly published on Tuesdays.
In this episode of Energy Evolution, host Eklavya Gupte speaks with Tim Gould, chief energy economist at the International Energy Agency (IEA). Gould shares his insights on how the expansion of renewables, coupled with geopolitics and evolving economic policies, is reshaping energy security. Gould explains the need to adapt energy supply security measures as the growth of clean energy leads to new risks, such as those arising from critical minerals and supply chain vulnerabilities. He also tells us how the IEA is beginning to see some shifts in broader energy investment trends due to a “climate of uncertainty" exacerbated by escalating trade tensions. This interview was recorded at the Summit on the Future of Energy Security in London, where representatives from over 60 governments and several energy companies convened to collaborate on the key issues facing energy markets. Energy Evolution has merged with Platts Future Energy, and episodes are now regularly published on Tuesdays.
Greg Lindsay is an urban tech expert and a Senior Fellow at MIT. He's also a two-time Jeopardy champion and the only human to go undefeated against IBM's Watson. Greg joins thinkenergy to talk about how artificial intelligence (AI) is reshaping how we manage, consume, and produce energy—from personal devices to provincial grids. He also explores its rapid growth and the rising energy demand from AI itself. Listen in to learn how AI impacts our energy systems and what it means individually and industry-wide. Related links ● Greg Lindsay website: https://greglindsay.org/ ● Greg Lindsay on LinkedIn: https://www.linkedin.com/in/greg-lindsay-8b16952/ ● International Energy Agency (IEA): https://www.iea.org/ ● Trevor Freeman on LinkedIn: https://www.linkedin.com/in/trevor-freeman-p-eng-cem-leed-ap-8b612114/ ● Hydro Ottawa: https://hydroottawa.com/en To subscribe using Apple Podcasts: https://podcasts.apple.com/us/podcast/thinkenergy/id1465129405 To subscribe using Spotify: https://open.spotify.com/show/7wFz7rdR8Gq3f2WOafjxpl To subscribe on Libsyn: http://thinkenergy.libsyn.com/ --- Subscribe so you don't miss a video: https://www.youtube.com/user/hydroottawalimited Follow along on Instagram: https://www.instagram.com/hydroottawa Stay in the know on Facebook: https://www.facebook.com/HydroOttawa Keep up with the posts on X: https://twitter.com/thinkenergypod
The EAH team unpacks multiple acronyms and endeavors with Nelson Monjarro, the lead coordinator of the Clean Energy Ministerial (CEM) a public-private initiative bringing together the energy and maritime sectors to enable the establishment of Clean Energy Marine Hubs (CEM-Hubs) at ports worldwide. The CEM-Hubs initiative has nine Energy and Transport Ministries working together with leaders of the energy maritime value chain and key partner organisations.About Nelson Mojarro:Nelson specializes in international energy and innovation, advising shipowners and m port leaders on alternative fuels and innovation. He has over 15 years of experience in high-level international energy policy and diplomacy, technology & innovation investments, as well as decarbonization. In addition to CEM-Hubs, his work focuses on green acceleration, connecting green finance, data, innovation and energy for a net-zero world. As Representative of the Energy Sustainability Fund (£300M), based in Europe, Nelson led multi-million Euro international cooperation programs on clean energy innovation with the European Commission and the UK. He was a country delegate at COP21 in Paris and has participated in multiple COPs. He co-organised the COP28 Presidency CEO-Ministers meeting on energy and maritime in Dubai.Nelson was an Advisory Board member of the Initiative Partnering to Accelerate Sustainable Energy Innovation of the World Economic Forum (WEF), and Vice-Chair of the Committee for Energy Research and Technology (CERT) of the International Energy Agency (IEA).Nelson developed and coordinated the first government partnership on innovation with the Breakthrough Energy Coalition (BEC), a group of international investors led by Bill Gates, and initiated and launched the partnership between Mission Innovation, a multi-billion government initiative and the World Economic Forum (WEF) to advance clean energy innovation as well as business and government engagement. Nelson is a former OIES Saudi Aramco Fellow at the Oxford Institute for Energy Studies. He also holds an MA in Industry and Innovation Analysis and did his doctorate studies at The Science Policy Research Unit in Sussex, United Kingdom (SPRU).His research interests are related to technological change/innovation and energy transitions, particularly on the relationship between 'infrastructure change' and new 'green fuels'. He has published in academic journals about the use of biofuels in oil firms, such as BP, Shell, Petrobras and Pemex and was selected in 2013 as a Future Energy Fellow by Shell to write about Clean Energy for the Energy Collective.About CEM:The Clean Energy Ministerial (CEM) is a high-level global forum to promote policies and programmes that advance clean energy technology, to share lessons learned and best practices, and to encourage the transition to a global clean energy economy. Initiatives are based on areas of common interest among participating governments and other stakeholders. The Framework for the Clean Energy Ministerial, reaffirmed at the twelfth Clean Energy Ministerial in 2021, defines the CEM governance structure and outlines the mission statement, objectives, membership, and guiding principles. The CEM brings together a community of the world's largest and leading countries, companies and international experts to achieve one mission –accelerate clean energy transitions.The CEM is an international clean energy leadership platform, a convening platform, an action platform, and an acceleration platform. It serves as a platform, where its members help shape the global clean energy agenda, and advance the deployment of specific clean energy technologies and solutions. It is also a bottom-up, government-led community for exchanging knowledge and insights, building networks and partnerships, and facilitating coordinated actions on clean energy and an implementation vehicle that helps its members
Group Head of Research, Harry Tchilinguirian, is joined by Chief Economist at Argus Media, David Fyfe for a special episode of Oil Insights. David brings over 30 years of experience in energy market analysis, from the International Energy Agency (IEA) to Gunvor and now Argus Media, where he delivers deep insights into oil market dynamics, geopolitical risk, and macroeconomic fundamentals.With the election of Donald J. Trump as the 47th President of the United States, Harry and David explore the potential impacts on the oil market through both economic and geopolitical lenses. From sanctions on Iran and Venezuela to shifting alliances in the Middle East and implications for OPEC+, they delve into what a Trump administration could mean for global oil supplies and prices.David and Harry discuss the complex web of relationships involving sanctioned nations, including the evolving US-Russia dynamic and how Trump's rapport with Saudi Arabia and Israel might influence geopolitical stability. They also explore the ramifications of Trump's trade policies, especially with China, and the possible effects on global economic growth and oil demand.On the domestic front, they analyse the prospects for US oil and gas production under Trump's energy policies and whether we could see a revival of the "drill baby drill" mantra. Finally, Harry and Davis assess the current state of oil market fundamentals as 2024 nears its close, the ongoing debate around oil demand forecasts, and OPEC+'s options in managing supply amid an uncertain market outlook.#oott #oil #oilandgas #energy #derivatives #economics #Trump #Election #Harris #2024Election
The long term demand outlook for natural gas continues to improve. India is likely to double its consumption by 2040, and much of that will rely on imports of Liquefied Natural Gas (LNG). This will offset coal consumption, lowering local pollution as well as CO2 emissions. The International Energy Agency (IEA), normally a tireless promoter […]
A listener review sparks a discussion on the environmental benefits of Chinese-made electric vehicles (EVs) versus the human rights concerns, particularly regarding the Uyghur population. Uber plans to transition to an all-electric fleet by 2030 in Canada. The International Energy Agency (IEA) predicts oil demand will peak before 2030. What does this mean for clean energy's future? Join The Clean Energy Show's CLEAN CLUB on Patreon or YouTube for exciting perks! Get a monthly bonus podcast, early access to our content, behind the scenes content, access to our members-only Discord community and thank-yous in the credits of videos and shoutouts on our podcast! Starting at just a couple dollars per month! Google Goes Big on Solar: Google is expanding its investment in solar energy to power data centers. We explore the potential impact on Texas. Human Rights & EV Supply Chains: Amnesty International's latest report calls out major automakers like BYD and Mitsubishi for failing to protect human rights in their EV supply chains. Additional Topics: Barry's tracking solar panels. Ford CEO Jim Farley's candid insights on EV development. Amnesty International's ranking of EV companies based on their human rights practices. Lightning Round: Tesla's Blade Runner lawsuit. Russia's use of electric motorcycles in its military. New $35,000 Chevy Equinox EV available for order. Major discovery of lithium deposits in Arkansas that could supply the world's EV batteries demand. Support Us: Contact us via email at CleanEnergyShow@gmail.com or leave a voicemail at SpeakPipe.com/CleanEnergyShow. Join our Patreon community for exclusive perks like ad-free episodes, bonus content, and access to our Discord server. Visit our Clean Energy Store for exciting new items. Don't forget to subscribe on your podcast app to get new episodes every week, and check out the video version of the podcast on YouTube, TikTok, and Instagram! See you next week on The Clean Energy Show! Contact Us cleanenergyshow@gmail.com or leave us an online voicemail: http://speakpipe.com/clean Follow/Subscribe Apple https://podcasts.apple.com/ca/podcast/the-clean-energy-show/id1498854987 Spotify https://open.spotify.com/show/5wOOCKdJ7Rtq72YxzcTqFm?si=515f6bec86654ed8 WATCH our hour-long weekly video podcasts and other videos on: TikTok | YouTube | Instagram Support The Clean Energy Show Join the Clean Club on our Patreon or with YouTube Memberships to receive perks for supporting the podcast and our planet! Benefits include: Ad-free podcasts Days early access Exclusive Discord server access High Quality Audio Bonus Episodes! Bonus Content Verbal Shout-outs on the audio and video podcasts Thank you credit on all our long-form weekly video podcasts Merch discounts and more! Free to join for special public posts and discussion. PayPal Donate offers one-time or regular donations. Apple Podcasts Subcription option coming soon! Store Visit The Clean Energy Show Store for T-shirts, hats, and more!. Socials X: Clean Energy Pod Bluesky: Clean Energy Pod James Whittingham: Twitter Brian Stockton: Twitter Leave us an online voicemail at SpeakPipe James Whittingham's comedy podcast Sneeze! with James Whittingham Copyright 2024.
The International Energy Agency (IEA) released their 2024 World Energy Outlook last week. The IEA has become a renewables cheerleader in recent years, issuing projections of energy consumption that are frequently implausible. However, they still produce a Stated Policies Scenario (“STEPS”) which omits their more fanciful projections. Electricity demand from data centers has been a […]
For the world to meet its growing need for low-cost clean energy and achieve ambitious decarbonization targets, land-based onshore wind energy must be an increasingly large part of the electricity generation mix—potentially as much as 20-41% by 2050, according to BloombergNEF and the International Energy Agency (IEA). But there is a challenge: the most efficient and cost-effective wind turbines, currently applied only in offshore wind farms, have enormous blades—some longer than a football field. That makes them extremely difficult, if not impossible, to deliver and deploy, as bridges, tunnels, and road curves literally get in the way.To explore how the onshore wind industry can overcome these obstacles and drive further growth for the sector, Gil Jenkins spoke with Mark Lundstrom, Founder and CEO of Radia. Mark is a serial cross-industry entrepreneur and MIT aerospace engineer who has co-founded companies over the course of his career that seek to bring aerospace solutions to new sectors, including biotech, telecommunications, and materials science. With Radia, Mark is focused on applying these technologies to the low-carbon energy transition. Radia is in the process of building the world's largest aircraft, which will enable the deployment of the industry's biggest and best wind turbines to locations they could never reach before—creating more clean power at a lower cost.Links:Radia WebsiteMark Lundstrom on LinkedInRadia on LinkedInPress Release:Radia to Provide Low-Cost Clean Energy with the World's Biggest Wind Turbines Enabled by the World's Largest Aircraft (March 17, 2024)Press Release: Aerospace Leaders Aernnova, Leonardo and AFuzion Will Partner With Radia to Build WindRunner™, World's Largest Aircraft (July 16, 2024)Whitepaper: DeSolve Study: GigaWind has enormous economic and environmental impact (Princeton University researchers Dr. Jesse Jenkins and Dr. Nestor Sepulveda - September 1, 2023)Episode recorded August 22, 2024 Email your feedback to Chad, Gil, and Hilary at climatepositive@hasi.com or tweet them to @ClimatePosiPod.
A net-zero world would require 306 million tonnes of green hydrogen to be produced annually by 2050, according to the International Energy Agency (IEA). That would require something in the region of 3,000GW of electrolysers and 6,000GW of renewable energy, based on current technology. Considering the world had only installed 3,371GW of renewables by the end of last year (according to the International Renewable Energy Agency [Irena]) — and that the planet will need about 30,000GW of renewable energy to decarbonise the global electricity supply, that's a fairly tall order. Based on the notion that economies of scale would reduce the cost of green hydrogen production, several developers have announced massive and extremely ambitious projects that aim to meet much of the world's future demand for clean H2. But what is the current situation? Is the strong expansion of green hydrogen projects succeeding worldwide? Do we even need them for a sustainable, future-proof energy industry? We talk about this with Dr. Thomas Hillig, Founder of THEnergy. Timeline 02:13 Hydrogen seems to be all about Gigawatt projects – if we read the latest news. Is this true or fiction? 04:00 Less than one percent of the hydrogen produced worldwide still comes from renewable sources and can therefore claim to be "green". Can green hydrogen even be economically viable in the long term? 06:09 Why are so few projects being realized? A few years ago, we read in the media about numerous major projects in the hydrogen sector; it seemed to be the next big thing? 10:13 Is hydrogen comparable to solar 15 years ago (when it was still more of a niche product)? 15:18 Which are the most promising applications for green hydrogen? 19:13 Where will green hydrogen be produced? And what about electrolyzers? Questions or suggestions? Then send us an email to podcast@thesmartere.com
Angela Wilkinson, Secretary General of the World Energy Council, emphasized the importance of a systems thinking approach, noting that these transitions are multifaceted and involve significant societal changes. She highlighted the necessity of collaboration and practical action, pointing out the differing approaches between the U.S. and Europe in addressing energy challenges. Dr. Wilkinson stressed that energy transitions are not merely about replacing technologies but require a deep understanding of socio-economic contexts and overcoming social opposition to achieve progress.Concerns were raised about the feasibility of energy transitions within democratic societies, with critiques of certain energy policies as authoritarian and calls for nuclear energy as a sustainable solution. Dr. Wilkinson responded by advocating for an inclusive approach considering diverse regional needs and the importance of managing energy transitions across generations. Using the metaphor of the "Energy Olympics," she illustrated the need for sustained, intergenerational effort and diverse capabilities to achieve successful energy transitions.Highlights of the Podcast00:47 - Purpose of the World Energy Council04:01 - Challenges in Energy Transition08:06 - Role of the International Energy Agency (IEA)13:01 - System Costs and Social Challenges in Energy Transition16:17 - Realism of Energy Transition18:15 - Future Projections and Practical Action19:04 - Oil and Gas Decarbonization20:20 - Energy Transition Challenges in Democratic Societies22:42 - Comparing US and European Approaches24:20 - Licensing Delays and Property Rights25:12 - Adapting to Climate Change Realities28:03 - Energy Transition as an Olympic Pentathlon Relay29:34 - Closing Remarks
The International Energy Agency (IEA), which polishes its progressive credentials every time Executive director Fatih Birol speaks from his ivory tower, is forecasting fossil fuel use to peak within a decade. Down at ground level, evidence continues to mount that fossil fuel consumption will continue to grow, led by natural gas. Williams Companies CEO Alan […]
WATCH the video on YouTube by clicking the RED button above.LISTEN to audio only via the Substack player by clicking the BLUE button above.STREAM audio only on Apple Podcasts, Spotify, or your favorite podcast player app.DOWNLOAD a pdf of the slide deck by clicking the blue Download button below.This week we focus on the question “Can you trust the United Nations on energy and climate?” The question is sparked by a “climate change” warning label that YouTube placed on Super-Spiked Episode 37 “Goodbye Europe, Hello Rest of World” (here) that discussed an updated climate change statement from Barclays, German de-industrialization, and our thoughts on the role of US and Canadian traditional energy. The warning label linked to a United Nations website that highlighted what it described as “Facts” and “Myth Busters” on climate energy (here). In reviewing the 16 “facts,” we find that 2 we would agree are definitively facts, another 2-3 are factually true but start the U.N. down the road of advocacy and weaponizing the topic of climate, and the other 10-11 are a mix of opinion, advocacy, and in some cases outright falsehoods. Our concern with what the U.N. presents as “facts” is that it is the organization that oversees the Intergovernmental Panel on Climate Change (IPCC), which is widely (universally?) considered the authority on so-called climate science.We have spent considerable time in prior posts and videos discussing our concerns with institutional advocacy under the pretense of sober analysis from groups like the International Energy Agency (IEA), Glasgow Financial Alliance For Net Zero (GFANZ), and within bank and asset manager ESG/Sustainability groups. Frankly, we have been late to taking a closer look at the U.N. itself, most likely because we have not relied on its data directly and it has otherwise not been within the purview of our “Wall Street” approach to discussing energy and climate. The U.N. and IPCC clearly deserve greater scrutiny given their massive influence on how the world understands climate.
In this special episode, hear from Tony Rooke, Executive Director at Howden Group Holdings and Beth Gould Creller, GARP's Sustainability & Climate Risk Program Lead, as they discuss the recent improvements to the SCR's syllabus and learning experience. Long-time listeners of the podcast will have noticed that we often mention GARP's Sustainability & Climate Risk (SCR) Certificate. It's a program that GARP launched in 2020, providing all the foundational knowledge you need to become a climate risk leader within your own firm. This episode is a special one, as we bring you a conversation between Beth Gould Creller, who heads up GARP's SCR team, and Tony Rooke, who alongside his role at Howden, is a member of the SCR Advisory Committee and long-time supporter of the program. You'll learn about: The latest update to the SCR Curriculum, including new topics like nature risk and transition plans; The enhanced e-learning platform, including practical, hands-on modules; And testimonials from candidates on how the certificate has advanced their skills and careers. The SCR certificate is not only an excellent opportunity to boost your knowledge, but it also connects you with a global community of climate risk experts, fostering collaboration and innovation. Register before 31st July to save USD $100. Follow this link to find out more: https://www.garp.org/scr For more information on climate risk, visit GARP's Global Sustainability and Climate Risk Resource Center: https://www.garp.org/sustainability-climate If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com Speaker's Bio(s) Tony Rooke, Executive Director and Head of Transition Advisory, Howden Group Holdings Tony is Executive Director in the Climate Risk and Resilience team at Howden, and head of climate transition advisory. He helps organisations plan and achieve their climate goals, to identify and manage climate risks, and then optimise returns from their transition investments. Tony has over 25 years global experience in strategy advisory, risk management, disclosure and programme delivery, with over 18 years as a leader and expert in climate change, environment and sustainability issues affecting businesses and financial institutions. Prior to Howden, Tony was Head of Transition Finance and Transition Planning at the Glasgow Financial Alliance for Net Zero (GFANZ), Senior Director for Transition Risk at WTW, and Global Technical Director for the Carbon Disclosure Project (CDP), the world's largest environmental disclosure platform. He has contributed to regulatory, policy and industry work including transition planning and transition finance standards (the UK's Transition Planning Taskforce and GFANZ), the reporting standards (EU EFRAG, CDSB, CDP, TCFD), and strategic use of models, pathways and scenarios (International Energy Agency (IEA), NGFS, MPP, CFRF, GFANZ). Tony is a member of GARP and on Sustainability and Climate Risk (SCR) certification advisory committee. He is additionally a fellow of both the Institute of Environmental Management and Assessment (IEMA) and the Royal Society of Arts, Commerce and Manufacture (RSA). Beth Gould Creller, Sustainability & Climate Risk Program Lead, GARP Beth manages GARP's Sustainability and Climate Risk Program. Prior to joining GARP, she was a risk professional in the upstream oil and gas industry. Working across multiple continents, her energy career spanned enterprise risk management, internal audit, business controls, supply chain process improvement, and governance.
Hey Strangers, #ai #power #technology Late last week, both Bloomberg and The Washington Post published stories focused on the ostensibly disastrous impact artificial intelligence is having on the power grid and on efforts to collectively reduce our use of fossil fuels. The high-profile pieces lean heavily on recent projections from Goldman Sachs and the International Energy Agency (IEA) to cast AI's "insatiable" demand for energy as an almost apocalyptic threat to our power infrastructure. The Post piece even cites anonymous "some [people]" in reporting that "some worry whether there will be enough electricity to meet [the power demands] from any source." Digging into the best available numbers and projections available, though, it's hard to see AI's current and near-future environmental impact in such a dire light. While generative AI models and tools can and will use a significant amount of energy, we shouldn't conflate AI energy usage with the larger and largely pre-existing energy usage of "data centers" as a whole. And just like any technology, whether that AI energy use is worthwhile depends largely on your wider opinion of the value of generative AI in the first place. ======================================= My other podcast https://www.youtube.com/channel/UCKpvBEElSl1dD72Y5gtepkw ************************************************** Something Strange https://www.youtube.com/watch?v=GRjVc2TZqN4&t=4s ************************************************** article links: https://arstechnica.com/ai/2024/06/is-generative-ai-really-going-to-wreak-havoc-on-the-power-grid/ ====================================== Today is for push-ups and Programming and I am all done doing push-ups Discord https://discord.gg/MYvNgYYFxq TikTok https://www.tiktok.com/@strangestcoder Youtube https://www.youtube.com/@codingwithstrangers Twitch https://www.twitch.tv/CodingWithStrangers Twitter https://twitter.com/strangestcoder merch Support CodingWithStrangers IRL by purchasing some merch. All merch purchases include an alert: https://streamlabs.com/codingwithstrangers/merch Github Follow my works of chaos https://github.com/codingwithstrangers Tips https://streamlabs.com/codingwithstrangers/tip Patreon patreon.com/TheStrangers Timeline 00:00 intro 00:22 what are we talking about 04:13 article 24:00 My thoughts 26:56 outro anything else? Take Care --- Send in a voice message: https://podcasters.spotify.com/pod/show/coding-with-strangers/message --- Send in a voice message: https://podcasters.spotify.com/pod/show/coding-with-strangers/message
The International Energy Agency (IEA) issued a report forecasting an oil glut by 2030, with 113.8 Million Barrels per Day (MMB/D) of supply capacity versus demand of only 105.4 MMB/D. They expect oil demand to plateau over the next few years. By contrast, OPEC sees continued demand growth, albeit slowing to around 1 MMB/D by […]
The International Energy Agency (IEA) released its 2024 iteration of its flagship World Energy Investment (WEI) report this week, with a wealth of insights into the latest investment trends across the global energy landscape that aims to support corporates and investors in assessing risks and opportunities across the energy ecosystem. In this week's podcast, Ehsan Khoman, Head of Research – Commodities, ESG and Emerging Markets (EMEA), evaluates the key findings of the WEI 2024 report with specific reference to transition finance tools that are emerging as a promising means to drive more capital into hard-to-abate sectors. Disclaimer: www.mufgresearch.com (PDF)
In this episode of Energy Transition Talk, we talk about the future of the energy workforce and how we can recruit and prepare the next generation energy workforce for the energy transition. The International Energy Agency (IEA) anticipates that adopting clean energy technologies will create 14 million jobs by 2030. However, many students, concerned about the fossil fuel industry's role in climate change and its job security risks, are turning away from careers traditionally associated with the fossil fuel industry, like petroleum engineering and mining. This can create a shortage of positions needed for the energy transition. The energy transition will depend on engineers, electricians, plumbers, and mechanics—just to name a few—to build the infrastructure needed for the energy transition (think power lines, heat pumps, and wind turbines). So if you're thinking about pursuing a career in STEM or energy more broadly – we need you! How can we manage this critical transition in the energy workforce? To talk about this challenge, Justine chats with Dr. Barbara Ransom, an internationally known geoscientist at the National Science Foundation. They discuss current trends in the energy workforce, the broad range of skills we'll need for the energy transition, the implications of artificial intelligence (AI), and the challenges and potential solutions to increasing interest in STEM and green jobs. Jim then speaks with Abhinav Vishal, a petroleum engineering student at the Rajiv Gandhi Institute of Petroleum Technology in India, about the role that petroleum engineering can play in the energy transition. 02:33 Interview with Dr. Ransom 37:51 Interview with Abhinav Vishal 53:57 Concluding Remarks Don't forget to subscribe to our podcast so you can automatically get access to our new episodes – you can find us on Apple, Spotify, YouTube, or wherever you get your podcasts. And we would appreciate it so much if you could leave a rating and review, and let us know what you thought about this episode! Special thanks to our guests for today and Abhi, our technical guru, for his behind-the-scenes contributions to our podcast. This podcast is sponsored by the USC Ershaghi Center for Energy Transition. Referenced in the podcast and additional resources: Wall Street Journal, Big Oil's Talent Crisis: High Salaries Are No Longer Enough, August 6, 2023 New Yorker, The Great Electrician Shortage, Apr. 24, 2023 IEA, The reskilling challenge: How can we leave no one behind in the energy transition?, Apr. 26, 2023 McKinsey, Toward a more orderly US energy transition: Six key action areas, Jan. 12, 2023 Disclaimer: The views, information, or opinions expressed during the Energy Transition Talk series are solely those of the individuals involved and do not necessarily represent those of the Ershaghi Center for Energy Transition (E-CET) or the producers of this podcast.
According to the International Energy Agency (IEA), the market size of key energy transition minerals has doubled over the past five years. The IEA predicts another doubling of demand for those same minerals by 2030. What are the environmental, social, and governance impacts of a ramped up critical minerals sector? Join Maria Knapp, Yadaira Orsini, and Rob Bailes as they dissect how companies can best approach a sector that is evolving at a rapid pace, but which comes with significant risks, including pollution, poor working conditions, and increased regulation. Explore our take the critical minerals sector here.
In recent years the International Energy Agency (IEA) has moved from providing objective forecasts to championing the world's shift away from fossil fuels. In embracing a liberal political stance they've lost relevance to companies and governments making investment decisions to meet future demand. For example, the IEA projects peak oil demand within the next few […]
This year will see a significant milestone: renewable sources are poised to constitute over a third of global electricity generation, according to the International Energy Agency (IEA). With the ambitious pledge set out at COP28 - to triple renewable capacity by 2030 - still high on the agenda of global energy policy, much focus is on the capability of electricity grids to deliver on increased demand. What infrastructural and regulatory frameworks need updating as we move toward 50% renewable generation, and towards the ultimate goal of 100%? As electrification increases, a modern grid is essential to handle the load.So how can countries continue the significant progress that's already been made in increasing renewable generation, and evolve our grids for the future?In this episode, Laura and Carolyn are joined by National Grid's Reihaneh Irani-Famili (VP capital delivery, project management and construction) and Sara Habib (Head of future price controls) to discuss the tripling of renewable energy generation. How will it happen and how do make sure the grids can cope? China's huge solar deployment has created competition globally in manufacturing as well as research and development, so the discussion naturally revolves around policy planning in the UK and US, grid modernisation and the balance between energy security, affordability and decarbonisation. What are the plans to modernise the grid to keep up with forecasted clean energy demand? Find out on The Clean Energy Revolution.Discover more about National Grid at www.nationalgrid.com
Hear from Dr. Jakob Thomae, Project Director for the Inevitable Policy Response, as we discuss their latest forecast and what it means for the transition to net-zero. Scenario analysis is the natural tool for anyone wanting to understand how climate-related risks might evolve over coming decades. The vast majority of climate scenarios, regardless of who produced them or what level of warming they predict, tend to report similar levels of physical risk over the next couple of decades or so. However, predictions about transition risk tend to be quite different between scenarios. This episode focuses in on the transition, and in particular the extraordinary work being done by the Inevitable Policy Response (IPR) to figure out the most likely course of the transition to net zero. We'll explore: · The IPR's surprisingly optimistic forecast, and they believe the world might look like by the end of the century; · The methodology behind their forecast, and how it differs from the scenarios produced by other groups; and · What this forecast means for risk and finance professionals. To find out more about the Sustainability and Climate Risk (SCR®) Certificate, follow this link: https://www.garp.org/scr For more information on climate risk, visit GARP's Global Sustainability and Climate Risk Resource Center: https://www.garp.org/sustainability-climate If you have any questions, thoughts, or feedback regarding this podcast series, we would love to hear from you at: climateriskpodcast@garp.com Links from today's discussion: The Inevitable Policy Response: https://ipr.transitionmonitor.com/ Theia Finance Labs (formerly known as the 2° Investing Initiative): https://theiafinance.org/ Jakob's first book, ‘The Kill Score: On the Trail of Our Ecological and Social Footprint': https://rb.gy/ydnxvu Paris Agreement Capital Transition Assessment (PACTA): https://pacta.rmi.org/ The International Energy Agency (IEA): https://www.iea.org/ How Bad are Bananas? by Mike Berners-Lee: https://howbadarebananas.com/ Jakob's second book, ‘The Little Book of Big Risks: From Atomic Bombs to a Zombie Apocalypse': https://rb.gy/8lk1no Speaker's Bio Dr. Jakob Thomae, Project Director, Inevitable Policy Response Jakob Thomae is one of the leading global experts on sustainable finance and long-term risks. In June 2023, Jakob was appointed Project Director for the Inevitable Policy Response (IPR), a climate transition forecasting consortium commissioned by the Principles for Responsible Investment. The IPR helps investors navigate the risks and opportunities arising from climate policy acceleration, volatility and transition. Jakob is the co-founder of Theia Finance Labs (formerly known as the 2° Investing Initiative) where he currently serves as Research Director. Jakob is also Professor in Practice at SOAS, University of London, where he teaches a Green Finance course. His recent book "The Kill Score” explores the impact of sustainability on human lives. Jakob has served as advisor to central banks around the world including the Japanese Financial Services Agency, the Brazilian Central Bank, the Bank of Thailand, the Bank of England, the Bundesbank, the Dutch Central Bank, and EIOPA. He holds a PhD in Finance from the Conservatoire National des Arts et Metiers.
In this episode of the Energy News Beat Daily Standup, hosts Michael Tanner and Stuart Turley discuss top headlines. They start with the Biden administration's consideration of banning natural gas exports to China, aiming for a climate win but potentially harming the U.S. energy industry. Indonesia plans to abandon its 23% renewable energy target by 2025 due to financial constraints. Progressive lawmakers face the consequences of a costly error in the renewable energy plan, with uncontrolled tax credits causing a $1.2 trillion estimate. Occidental CEO at Davos predicts a short market for oil from 2025 onwards, challenging conventional forecasts. The hosts highlight the increasing importance of energy information and discuss a proposal to reform the International Energy Agency (IEA) and the U.S. Energy Information Administration (EIA). The finance segment covers market updates, crude oil inventory projections, and potential M&A activity. Upcoming podcast guests include Barbara Denton, Shane Stall, Ron Miller, and John Cash, covering topics such as uranium, nuclear energy, and grid security.Highlights of the Podcast00:00 - Intro01:26 - Biden Weighs Banning Natural Gas Exports to Save the Climate03:26 - Indonesia to abandon 23% renewable energy target by 202505:26 - Progressive Lawmakers Line Up Behind Costly Fix For Error They Made In Renewable Energy Plan07:46 - Market to be short oil from 2025 onwards, Occidental CEO at Davos10:18 - Energy Information Has Never Mattered More—So It's Time to Reform the IEA and the EIA14:26 - Markets Update16:03 - OutroPlease see the links below for articles that we discuss in the podcast.Biden Weighs Banning Natural Gas Exports to Save the ClimateJanuary 17, 2024 Climate Test for Natural Gas Exports Politco notes Biden's Aides Weigh Climate Test for Natural Gas Exports. The Biden administration is launching a review that could tap the brakes on the booming U.S. natural gas export […]Indonesia to abandon 23% renewable energy target by 2025January 17, 2024JAKARTA – Indonesia is planning to slash the targeted share of renewables in the national energy mix, a move seen by experts as a step back in the country's ambition toward clean energy, while signaling its light-hearted […]Progressive Lawmakers Line Up Behind Costly Fix For Error They Made In Renewable Energy PlanJanuary 17, 2024 When Congress voted to spend hundreds of billions to switch electricity production to solar and wind, it forgot something: transmission lines. New ones will be needed going to the locations of the new power sources, […]Market to be short oil from 2025 onwards, Occidental CEO at DavosJanuary 17, 2024“In the near term, the markets are not balanced; supply, demand is not balanced,” Hollub said, adding that: “2025 and beyond is when the world is going to be short of oil”. Hollub said that […]Energy Information Has Never Mattered More—So It's Time to Reform the IEA and the EIAJanuary 17, 2024 The International Energy Agency (IEA) turns 50 this year. Doubtless there will be champagne-infused celebrations at its Paris headquarters. But on this side of the Atlantic, it's past time for the United States, the biggest […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
The International Energy Agency (IEA) is 50 years old this year, created because of the 1973/4 “oil shock” that triggered a global recession. Today's energy markets and geopolitics are just as vulnerable to similar disruptions, but the IEA has since shifted its mission to advocate for abandoning hydrocarbons, erasing its ability to serve as a […]
The International Energy Agency (IEA) is 50 years old this year, created because of the 1973/4 “oil shock” that triggered a global recession. Today's energy markets and geopolitics are just as vulnerable to similar disruptions, but the IEA has since shifted its mission to advocate for abandoning hydrocarbons, erasing its ability to serve as a credible, unbiased source of the kind of energy information vital for risk analysis and planning. It's time to reform the IEA.
The International Energy Agency (IEA) is 50 years old this year, created because of the 1973/4 “oil shock” that triggered a global recession. Today’s energy markets and geopolitics are just as vulnerable to similar disruptions, but the IEA has since shifted its mission to advocate for abandoning hydrocarbons, erasing its ability to serve as a credible, unbiased source of the kind of energy... Source
Bridging the gap and overcoming barriers in CCS expansionIt's no secret that achieving net-zero emissions requires a significant reduction in the use of fossil fuels. As the world looks to alternative energy sources to combat climate change, carbon capture and storage (CCS) emerges as a key technology enabling industries to decarbonize. By capturing carbon dioxide (CO2) emissions at their source and storing them underground, CCS can significantly mitigate the environmental impact of industries that are otherwise hard to green, such as cement production and power generation.The International Energy Agency (IEA) has set an ambitious goal for CCS, expecting it to capture around 6 billion tons of CO2 by 2051 with notable advancements within the coming years. Innovations in CCS technology aim to address concerns of scalability and cost, making it more accessible and financially feasible for industries to adopt. Aker Carbon Capture is a provider with some major projects underway, and they've signed an MoU with Microsoft to pursue joint innovation in the space. David Banmiller sits down with Microsoft's Ole Henrik Ree, and Aker Carbon Capture's Hanne Rolen, and David Phillips, to discuss the crucial role played by CCS in achieving a more sustainable future.We conclude with a discussion about the 'Carbon Capture as a Service' (CCaaS) model, a shift aimed at enhancing accessibility and practicality, and the journey towards achieving net-zero emissions.Subscribe to the Interchange Recharged so you don't miss an episode. Find us on X – we're @interchangeshowSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
In this episode of the Daily Energy News Beat, hosts Michael Tanner and Stuart Turley cover a range of energy-related topics. They discuss Duke Energy's decision to raise electric rates for ESG and zero-carbon mandates, expressing concerns about the financial burden on consumers. The hosts delve into a lawsuit against BlackRock over alleged deceptive climate policies and ponder the legal implications of conflicting investment goals. The episode also addresses challenges in California's power grid transition, the impact of extensive power grid upgrades on the energy transition, and a Red Sea merchant ship attack affecting oil prices and global trade. In the finance segment, they touch on market movements, highlighting sentiment-driven dynamics, and note the EIA's projection of declining U.S. shale oil production in 2024. The hosts conclude with a mention of potential concerns related to global supply chain challenges amid geopolitical events.Highlights of the Podcast00:00 – Intro02:39 - Woke Duke Energy Jacks Up Electric Rates to Pay for ESG, Zero Carbon Mandates05:29 - EXCLUSIVE: Conservative State Files First-in-the-Nation Lawsuit Against BlackRock Over Deceptive Climate Policies10:28 - He fixed California's power grid for Arnold Schwarzenegger. He's worried about the energy transition12:38 - Extensive power grid upgrades and expansion threaten the energy transition15:34 - Houthi Attacks Start Shutting Down Red Sea Merchant Shipping17:39 - Markets Update19:51 - OutroPlease see the links below for articles that we discuss in the podcast. Woke Duke Energy Jacks Up Electric Rates to Pay for ESG, Zero Carbon MandatesDuke Energy has thrown consumers under the proverbial (electric) bus to make their operations carbon neutral by 2050. As a result, electricity prices in North Carolina may increase by 19% over the next three years. The company's […EXCLUSIVE: Conservative State Files First-in-the-Nation Lawsuit Against BlackRock Over Deceptive Climate PoliciesFIRST ON THE DAILY SIGNAL—Tennessee Attorney General Jonathan Skrmetti on Monday sued the investment company BlackRock for deceptive practices. “BlackRock has said two things that can't both be true,” Skrmetti, a Republican, told The Daily Signal in an […]He fixed California's power grid for Arnold Schwarzenegger. He's worried about the energy transitionFormer Albertan Yakout Mansour moved to California two decades ago when he was recruited to run the state's power grid under then Gov. Arnold Schwarzenegger. The way he tells it, it sounds like the government […]Extensive power grid upgrades and expansion threaten the energy transitionPeople are becoming increasingly concerned about the mineral requirements for the energy transition and how these will be met. In October, the International Energy Agency (“IEA”) published a report entitled Electricity Grids and Secure Energy Transitions in […]Houthi Attacks Start Shutting Down Red Sea Merchant ShippingAttacks linked to war in Gaza are threatening global trade Oil and gas prices jump as big companies avoid Red Sea Shipping in the Red Sea is grinding to a halt with oil tankers idling and […] Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
En ny analyse fra Axcelfuture viser, at der ikke længere er økonomi i at opstille selvstændige parker med solceller og landvindmøller. Det kan sætte udviklingen i stå. Klimaminister Lars Aagaard afviser problemet. Hvad er op og ned? Det gør klimaredaktør Jakob Martini os klogere på.En række virksomheder har givet deres medarbejdere mundkurv på. Der er simpelthen blevet udstukket skærpede retningslinjer for, hvad man må ytre sig om i forbindelse med krigen mellem Hamas og Israel. Iben Schmidt fortæller om den sag.(01:20) Stigende omkostninger gør det umuligt at tjene penge på sol og landvind - eller hvad? Nye beregninger viser, at omkostningerne på en gennemsnitlig vindmøllepark er steget så meget, at de overstiger den forventede indtjening. For sol er de estimerede omkostninger og udgifter stort set lige. Men holder beregningerne fra Axcelfuture?(07:47) Virksomheder giver medarbejdere mundkurv påDen blodige krig mellem Hamas og Israel har fået følelserne frem mange steder i verden. Nu har en række virksomheder valgt at indskærpe retningslinjerne for medarbejdernes ytringer på sociale medier. Det er et problem, mener blandt andre Frederik Preisler.(13:06) Peaker efterspørgslen på olie og gas snart? The International Energy Agency (IEA) har varslet, at efterspørgslen på olie og gas peaker inden for få år. Men hvordan hænger det sammen med, at nogle af verdens største olie- og gasgiganter fortsat investerer massivt i at finde nye oliefelter? Det giver ESG Now et bud på.Hent alle afsnit af Finans podcasts i Apple Podcast, på Spotify eller lyt til alle afsnit direkte her.I studiet: Klimaredaktør Jakob Martini, journalist Iben Schmidt og ESG-redaktør Signe Ferslev.Teknik og lyddesign: Kasper Søegaard og Anders Thykier.
In this episode of the Energy News Beat Daily Standup, hosts Michael Tanner and Stuart Turley discuss various energy-related news topics. They start by addressing ExxonMobil CEO Darren Woods' statement about tight world oil supplies in the coming years, expressing skepticism about his positive view of the U.S. economy. They then cover a World Bank warning of oil prices potentially reaching $150 per barrel in the event of a conflict between Israel and Hamas, providing different scenarios based on supply disruptions. The hosts also touch on Cummins' prediction of significant growth in natural gas engines, emphasizing its potential impact on the trucking industry. Finally, they highlight Enterprise Products Partners' expansion of natural gas liquids processing capabilities through pipeline and plant developments, underlining the environmental benefits of reducing flaring in the Permian Basin. They briefly discuss financial results from natural gas-focused companies, Comstock and Chesapeake, and conclude with an event announcement for a Business Development Study Group workshop focused on energy deals and investments.Highlights of the Podcast00:00 - Intro03:30 - ExxonMobil CEO sees tight world oil supplies for next few years05:15 - World Bank warns oil price could soar to record $150 a barrel09:33 - Why fossil fuels are here to stay11:33 - Cummins predicts huge growth in natural gas engines14:01 - Enterprise Products Doubles Down on Gas Liquids With Pipelines, Processing Plants15:30 - Markets Update23:55 - OutroPlease see the links below for articles that we discuss in the podcast. ExxonMobil CEO sees tight world oil supplies for next few years(Bloomberg) – Exxon Mobil Corp. sees tight global oil supplies putting upward pressure on energy prices for at least the next few years as the world continues to suffer from a lack of investment in […]World Bank warns oil price could soar to record $150 a barrelEscalation of Israel-Hamas war into Middle East-wide conflict would disrupt oil supplies and stoke food prices, says Bank Oil prices could soar to a record high of more than $150 a barrel if the war between […]Why fossil fuels are here to stayA report from the International Energy Agency (IEA), published last week, claims that the world will reach peak demand for oil, coal and gas by 2030. This has been seized on by the likes of […]Cummins predicts huge growth in natural gas enginesCummins Inc. predicts its new 15-liter natural gas engine designed for heavy-duty and on-highway applications could lead to a five-fold growth in customers for the alternative powertrain. It overcomes complaints about low power and torque […]Enterprise Products Doubles Down on Gas Liquids With Pipelines, Processing PlantsHOUSTON (Reuters) – Energy pipeline operator Enterprise Products Partners will expand its natural gas liquids (NGLs) operations, adding a pipeline from Texas' Permian Basin, new plants to process natural gas, and converting an oil pipeline […]Follow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack– Get in Contact With The Show –
As the G20 host, India deftly managed geopolitics, especially Russia-Ukraine, while driving energy and climate discussions. Topics like renewable energy, critical minerals, and sustainable finance took center stage, likely impacting the upcoming COP summit. India's challenge is finding unity among diverse priorities, addressing resource nationalism, and aligning nations in various green energy stages. The G20 Leaders' Summit underscores the quest for consensus on issues like fossil fuel abatement amidst complex political landscapes. To understand what the key themes of energy and climate are in the G20, what the sticking points are, and how they will shape the global dialogue on energy transition, we interviewed Swati D'Souza, India Lead Analyst and Coordinator at International Energy Agency (IEA), who provides insights into India's efforts and the key points of discussion during the G20 summit. Full transcript of the episode is available in English and Hindi Presented by 101Reporters Follow TIEH podcast on Twitter, Linkedin & YouTube Swati D'Souza is on Twitter & Linkedin Our hosts, Shreya Jai on Twitter, Linkedin & Dr. Sandeep Pai on Twitter, Linkedin Podcast Producer, Tejas Dayananda Sagar on Twitter & Linkedin
Frank is out of the office, so I (Daniel) am taking the reins on today's show. The latest Consumer Price Index (CPI) data is in—and the sharp rise in energy prices is dominating the report. I break down what's behind the surge… and why the situation creates a big problem for the Fed. Speaking of energy, the International Energy Agency (IEA) expects oil demand to peak before 2030 as clean energy replaces fossil fuels. I explain why I don't believe this will happen… and why you'd be wise to have exposure to oil & gas right now. And I highlight a report from over 1,600 scientists on why climate change isn't as dire as the media makes it sound. The Wall Street Journal recently ran a story about how amateur investors are piling into risky option bets. I recap the article… and explain why this strategy has worse odds than the casinos in Vegas. But that doesn't mean you can't use it to your advantage. I share a few tips on how to turn the odds in your favor… and a brokerage firm benefiting from the trend. In this episode Energy prices are dominating the CPI [2:05] Why I don't think we'll see peak oil demand by 2030 [8:25] Over 1,600 scientists say not to worry about climate change [15:00] Amateur investors are making risky option trades [19:45] A brokerage to add to your watchlist [25:50] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: www.curzioresearch.com/wall-street-unplugged/ Wall Street Unplugged podcast is available at: --iTunes: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --Stitcher: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --Website: www.curzioresearch.com/category/podcast/wall-street-unplugged/ Twitter: twitter.com/frankcurzio Facebook:. www.facebook.com/CurzioResearch/ Linkedin: www.linkedin.com/in/frank-curzio-690561a7/ Website: www.curzioresearch.com
Last month we learned from the International Energy Agency (IEA) that investment in clean energy is now significantly outpacing investment in fossil fuels. But as the IEA's top man told us, the scales need to tip much farther toward renewables, and around 90% of spending is currently being done by richer nations and China. What's needed is some kind of global financing pact perhaps to ramp up investment in poorer parts of the world which need support to mitigate and adapt to the climate crisis, while ensuring they also have access to cleaner energy in the future. Right now, more than 100 heads of state and government leaders, policy makers, and institutions -- including the UN, the IMF and the World Bank -- are meeting in Paris to talk about just that. Immersed in these critical discussions is former Secretary of State John Kerry, the US Special Presidential Envoy for Climate. He joins Julia to discuss. To learn more about how CNN protects listener privacy, visit cnn.com/privacy
Narendra Taneja serves as chairman of the Independent Energy Policy Institute, a think tank based in New Delhi, and is a Distinguished Research Fellow at the Oxford Institute for Energy Studies. He presides over the World Energy Policy Summit and was president of the World Oil and Gas Assembly from 2001 to 2011. With expertise in energy policy, transition, geopolitics, governance, and energy security, Taneja is recognized as a powerful voice on energy and climate, especially in the context of the Global North and the Global South. Currently surpassing China as the world's most populous country, India is the world's fifth-largest economy and the third-largest electricity producer. Despite the country's vulnerability to climate change impacts, its historical cumulative emissions account for a relatively small portion, standing at 3.4%. This places India as the seventh highest emitter among nation states, according to Carbon Brief, with the United States and China leading at 20.3% and 11.4% of emissions, respectively. Taneja sheds light on India's energy landscape, leading our discussion from statistical insights to a dynamic exploration of global collaboration for the energy transition and climate change. His compelling arguments are highly engaging and thought-provoking, and will likely cause almost every listener of this podcast to stop and think.In this episode, we cover: [03:13]: Recent developments in India's energy economy[04:49]: How India views climate and energy as two sides of the same coin[07:02]: Overview of India's energy grid infrastructure[08:29]: India's energy mix and new government incentives[10:05]: The current grassroots solar revolution[12:52]: India's history with coal and energy security challenges[18:46]: The Global North bias in climate narratives[25:15]: Risks of excluding developing nations from global climate conversations[31:13]: The need for a new democratic climate governance order[33:45]: The risks and reasons for a lack of global energy governance[36:16]: The International Energy Agency (IEA)'s exclusion of India and China[39:59]: The need for a new global bank for climate finance[46:32]: What it takes to create a new global organization[48:01]: India and China's history and return to the global center of gravity[52:15]: The Global North's resistance to change and how global power dynamics will shift in the next 30 years[54:42]: Narendra's thoughts on the European Union as a project[57:56]: India's investments in Russian oil[01:04:00]: Decentering the US and the "us or them" worldviewGet connected: Narendra TanejaCody SimmsMCJ Podcast / Collective*You can also reach us via email at info@mcjcollective.com, where we encourage you to share your feedback on episodes and suggestions for future topics or guests.Episode recorded on May 12, 2023
According to a new report by the International Energy Agency (IEA), global investment in clean energy is on course to rise to $1.7 trillion this year. In fact, investment in solar power is set to exceed oil for the first time ever. But there's still major concern about the unevenness of that growth. The IEA points out that more than 90% of that increase comes from advanced economies and China. Joining Julia to discuss is IEA Executive Director Fatih Birol. Also on today's show: World Bank President David Malpass, who's stepping down on June 30 after serving more than four years. To learn more about how CNN protects listener privacy, visit cnn.com/privacy
Welcome to the Clean Power Hour! According to the International Energy Agency (IEA), buildings account for almost 40% of global energy consumption and approximately one-third of carbon dioxide (CO2) emissions. Passive House, also known as Passivhaus, is a building standard that prioritizes energy efficiency and sustainability by creating airtight, well-insulated structures with controlled ventilation and minimal energy consumption.Today on the Clean Power Hour, Tim Montague is joined by Zach Semke, Director of Passive House Accelerator. Passive House Accelerator is a multi-channel media company and event producer dedicated to Passive House design and construction. Zach Semke is also the co-founder of Shift Zero, an alliance of green building, energy efficiency, and climate action organizations and businesses that have come together around common ground. In today's episode, Tim and Zach explore the topic of Passive House and their role in decarbonizing the environment. Zach shares his personal journey and how he became interested in Passive House and the Built environment. He talks about the challenges of building energy-efficient homes and how the Passive House standard addresses those challenges.In addition, Zach shares his insights on Passive House and how the Passive House Accelerator connects builders, architects, and developers with the necessary resources and information. Key TakeawaysHow Zach got interested in Passive House and the Built Environment.What is Passive House?How a Passive House is BuiltWho needs a Passive House?LEED vs. Passive HouseThe story behind Passive House AcceleratorFollow Passive House Accelerator on LinkedInPassive House AcceleratorConnect with Zach Semke Connect with Tim Clean Power Hour Clean Power Hour on YouTubeTim on TwitterTim on LinkedIn Email tim@cleanpowerhour.com Review Clean Power Hour on Apple PodcastsThe Clean Power Hour is produced by the Clean Power Consulting Group and created by Tim Montague. Contact us by email: CleanPowerHour@gmail.com Corporate sponsors who share our mission to speed the energy transition are invited to check out https://www.cleanpowerhour.com/support/The Clean Power Hour is brought to you by CPS America, maker of North America's number one 3-phase string inverter, with over 6GW shipped in the US. With a focus on commercial and utility-scale solar and energy storage, the company partners with customers to provide unparalleled performance and service. The CPS America product lineup includes 3-phase string inverters from 25kW to 275kW, exceptional data communication and controls, and energy storage solutions designed for seamless integration with CPS America systems. Learn more at www.chintpowersystems.com
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Welcome to Wednesday as we bid a joint farewell to the Chevy Bolt. We also discuss a new report about global EV adoption, as well as check in on our old friend…inflation. After the better part of a decade, GM is saying goodbye to the Bolt as the last units roll off the Orion assembly line later this year. The move marks the end of the Bolt as the most affordable EV in the US market, making way for the upcoming Equinox EV, according to CEO Mary Barra.The Bolt experienced record sales in its final year, with GM expecting to produce over 70,000 Bolt EV and EUV models this year.GM plans to replace the Bolt with a new slightly larger Equinox and Blazer SS, based on GM's Ultium platform later this yearGM is tripling the size of the staff at the factory following a planned $4B overhaul so that it can produce electric versions of the Chevy Silverado and GMC Sierra. They are calling it “Factory Zero”One writer for EV news outlet Electrek says his family owns a Bolt and 2 Teslas and he and his wife fight over who gets to drive the Bolt due to its comfort, handling, and ironically, it's great Apple CarPlay integrationA new release from The International Energy Agency (IEA) reports that electric cars are expected to account for one-fifth of the global market in 2023, with sales growing 35% to reach 14 million units. This marks a significant increase from just 4% in 2020.Currently, China leads the world in electric car adoption, with over half of all electric cars on the road and 60% of electric car sales in 2022.The transition from combustion engines to electric vehicles is projected to reduce global oil demand by at least five million barrels per day.In emerging and developing economies, two- or three-wheel electric vehicles are more common than cars, with over half of India's three-wheeler registrations in 2022 being electric. India is about to surpass China as the most populous country within monthsConsumers have continued to pay higher prices for everyday items, benefiting companies like McDonald's, PepsiCo, and Kimberly-Clark, even as some executives warn that shoppers may become more resistant to price increases.Despite price hikes, McDonald's saw a 12% increase in same-store sales, while PepsiCo reported strong demand and raised its revenue growth forecast.Some execs are cautious about consumers' tolerance for price increases as the labor market softens and recession risks loom.Companies like Conagra Brands and Constellation Brands are slowing price increases, acknowledging that customers may be reaching their limits.Conagra Brands, the maker of Hunt's ketchup and Slim Jim meat sticks, has said that it is done boosting prices for now, as prices have caught up with inflationGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
The Western Leaders Have Devastated The Financial Future For The Citizens Of The WestDaily Standup Top StoriesIEA: Russia's March oil exports hit highest level since pandemic startApril 18, 2023 Mariel AlumitRussia's oil exports surged in March to their highest level since April 2020 as product flows returned to levels last seen before Russia invaded Ukraine, according to the International Energy Agency (IEA). Total oil shipments […]Oil & gas work ‘key revenue driver' for DeepOcean, with offshore wind outlook positiveApril 18, 2023 Mariel AlumitOslo-headquartered ocean services provider DeepOcean has reported a revenue increase of 13.4 per cent in 2022 said to be mainly driven by inspection, maintenance and repair (IMR) work in the oil and gas sector. For 2022, […]Russia's RiseApril 18, 2023 Mariel AlumitThe West's sweeping sanctions on Russia following its invasion of Ukraine are shaping up to be the West's most monumental miscalculation in modern history. The sanctions have not brought the Russian economy to its knees, […]Rise of the Petroyuan: The End of the Petrodollar's Reign and the Impact on Global MarketsApril 18, 2023 Mariel AlumitDid you know that central banks bought more gold last year than any year in the past 55 years—since 1967? Though most don't realize it, 1967 was a significant year in financial history, mainly due […]Highlights of the Podcast00:00 - Intro02:23 - Oil and gas were key revenue driver for deep of ocean with offshore wind outlook positive03:38 - IEA: Russia's March oil exports hit highest level since pandemic start05:04 - Russia's Rise06:51 - The Rise of the Petroyuan, the end of the petrodollars rein in the impact of global markets.12:42 - Market Updates14:25 - OutroFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsENBEnergy DashboardENB PodcastENB Substack
On this episode of Everything About Hydrogen, we have Daria Nochevnik, the Director of Policy and Partnerships for Hydrogen Council. About Hydrogen Council:The Hydrogen Council is a global coalition representing over 140 industrial leaders in hydrogen around the world committed to accelerating the transition to net-zero in line with the climate targets set by the Paris Agreement. The Hydrogen Council membership comprises leading companies that provide hydrogen technologies across the entire hydrogen value chain, as well as some of the largest international investors. The Council has unique industry data on hydrogen projects across geographies. They deliver in-depth analysis and insights on the state of the global hydrogen industry and facilitate the development of international sustainability and safety standards for hydrogen technologies. They cooperate closely with their International Partners, in particular the International Energy Agency and the International Renewable Energy Agency.Daria NochevnikDaria has spent the last decade working in energy and climate policy and regulatory affairs presently as the Director for Policy and Partnerships with the Hydrogen Council. Daria covers hydrogen policy and sustainability, as well as partnerships with global intergovernmental organisations, including the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA) and International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE), and international initiatives such as COP and G7.Prior to joining the Council, Daria held strategic advisory roles in the sector working with policymakers and industry on the enabling regulatory frameworks for hydrogen, energy market regulation, as well as carbon pricing mechanisms and certification systems. In the past decade she worked with the European Federation of Energy Traders where she led Carbon Neutrality Strategy working on the evolution of wholesale energy and carbon market design in the EU.Sustainability is a key priority and focus area for Daria and the Council. Hydrogen Council has a dedicated Sustainability Program supporting the development of global standards for hydrogen, certification schemes, Sustainable Development Goals (“SDGs”) dimensions of hydrogen & ESG reporting and disclosure frameworks. The Sustainability Program is currently developing an SDG roadmap for the hydrogen economy to identify best practices and pathways for unlocking the SDG benefits that hydrogen can create for both developing and developed countries. ----Links:Website: www.hydrogencouncil.Com
It's EV News Briefly for Friday 3rd March. I'll be back as usual at 5pm UK time, that's Midday Eastern, for the full podcast. Patreon supporters get the episodes as soon as they're ready AND ad free. You can be like them by clicking here. Former Ford CEO Mark Fields believes that Tesla is one generation ahead of its competitors in the EV race, despite its stock dropping around 7% after its investor day presentation failed to confirm any new car models. Tesla's keys to winning the EV race come down to product appeal, software or user interface, controlling cost, and consistent execution. Tesla has started installing its fourth-generation Supercharger posts in Europe with longer cables to reach charging ports of different EV models, according to Tesla's Head of Global Charging Infrastructure, Rebecca Tinucci. The company's charging network is now the world's largest global fast-charging network with over 40,000 Superchargers in 46 countries. Tesla has opened up its Supercharger network in North America to non-Tesla EVs at 8 Supercharger locations in New York and 2 in California, fitted with the new "magic dock" interface. Ccharging costs vary by location but Tesla offers a membership for reduced charging rates. Tesla has been granted over $330 million in tax incentives by the Nevada Governor's Office of Economic Development board for the company's new electric semi truck and battery manufacturing facility, as part of an expansion of Tesla's Nevada Gigafactory. In return, Tesla has committed to investing $3.6 billion over 10 years and hiring 3,000 new employees with an average wage of $33.49 per hour. Ford has announced plans to resume production of its electric F-150 Lightning pickup truck on March 13 after a battery issue caused one of the vehicles to catch fire. The resumption of production will be watched closely as Ford seeks to compete in the growing electric vehicle market. Polestar, the EV brand owned by Volvo Cars and Geely, announced an 84% increase in revenue for 2022 and halved its net loss to $466m. The company aims to launch two new EV models this year and increase its deliveries by nearly 60% to around 80,000 cars. Vietnamese automaker VinFast has delivered the first batch of 45 vehicles to US customers amid doubts about the company's corporate health. CleanTechnica confirms VinFast's assembly process is on track and the company has delivered over 4,278 EVs to local customers in Vietnam. Buick China has revealed the interior of its upcoming battery-electric crossover, the Electra E5, which boasts advanced technology such as a 30-inch EyeMax curved OLED screen and wireless charging. The vehicle is expected to launch in China before mid-year and in the U.S. for the 2024 model year. LG Energy Solutions and Honda have broken ground on a new joint venture battery plant in Ohio, representing a $4.4 billion investment and the creation of 2,200 new jobs. The plant will produce lithium-ion batteries to power Honda vehicles for North American consumers, with the goal of shifting to 100% EV sales by 2040. Aston Martin is set to reveal a future model lineup that includes a new full-electric car at a capital markets day for investors this summer, according to Chairman Lawrence Stroll. The luxury carmaker is currently overhauling its three core front-engine sports cars, the DB11, the Vantage, and the DBS, with the first to be delivered to customers this autumn. First Bus has ordered an additional 117 electric buses from Wrightbus to operate in four UK cities, with additional funding from the British government. This order, along with the previous one, will enable First Bus to operate over 600 electric buses by March 2024 and supports the company's goal of being CO2 neutral by 2035 Redwood Materials has completed its first year of recycling electric vehicle (EV) batteries and has recovered over 95% of lithium, cobalt, nickel, copper, and other metals from 1,268 battery packs weighing over 500,000 lbs. The company says the cost driver is logistics, which will reduce over time as end-of-life pack volumes increase. Daimler Buses is transforming its Mannheim plant into a center for electric city buses, and it will invest around €150m in both its German plants by the end of the decade. The company plans to offer CO2-neutral vehicles in all segments in Europe and Latin America by 2030, and it aims to sell only fully electric vehicles for city buses in Europe. Renewable energy sources in the UK generated more electricity than gas during the winter season, producing enough energy to power every home in the UK. The progress was made through the use of wind, hydro, and solar energy, and is in line with the UK government's goal of reaching net-zero emissions by 2050. A new report from the International Energy Agency (IEA) shows that while global carbon dioxide emissions have increased, the growth has been tempered by a surge in renewable energy. The growth in renewable energy is driven by an increase in wind and solar installations and more supportive government policies, and the IEA emphasizes the need to accelerate the transition to renewable energy to achieve a sustainable future. A new study from the European Heat Pump Association and the European Heat Pump Network shows that heat pumps are significantly cheaper than green hydrogen for producing heat in Europe. Decarbonizing heating is a critical part of the EU's goal to reach net-zero by 2050, and the study highlights the role of heat pumps in achieving it.
Today I wanted to expand on a theme I have been writing about for a while: that the green energy revolution is anything but green. In fact, the amount of metal required and the amount of fossil fuel needed to be burnt to make it happen means it will be extraordinarily damaging to the environment, while unprecedented amounts of CO2 will be released into the atmosphere.Moreover, unlike the inflation that resulted from Covid and the Ukraine war, which might yet prove temporary, Net Zero will produce inflation that will be prolonged and entrenched. In other words, Net Zero is not only deluded, but it will also be extremely damaging, both to the planet and to people's lives.Here we explain why - and what to do to protect your wealth.How much more metal do we need to achieve Net Zero?I stumbled across a super talk this week by Mark Mills, author and senior fellow at the Manhattan Institute, called "The Energy Transition Delusion: Inescapable Mineral Realities". He argues that the current energy transition to renewable is based on a flawed understanding of the resources required to make it happen. Most of the evidence cited here is cited from that talk.Today the world gets a little under 4% of its total energy supply from wind and solar. That's one-third as much energy as it gets from burning wood. I couldn't believe that stat when I read it - are we still burning that much wood? - but that's what the International Energy Agency (IEA) says. Wood still provides 350% more energy to the world than all the world's wind turbines and solar power combined.To get to this 4% level the world has directly spent something like $5 trillion (more than double UK GDP) in the last 15 years, and probably the same amount again in indirect spending, says Mills. An electric vehicle requires 400% more metal than a conventional car. To build a machine to replace a gas turbine, you need 1,000% to 2,000% more mineral to deliver the same unit of power. To deliver the same mile of driving, the same hour of heat, the same hour of lighting or the same hour of computer time the extra minerals required amount to anything from 2,000% to 7,000%Overall this amounts to an increase in mineral demand in the order of 700% to 4,000%. “Not to put too fine a hyperbolic a point on this,” says Mills, “this would be the largest single increase in demand or supply of metals in all of human history. It's never happened.”Where is all this metal going to come from?Mining cannot increase output whether by 700% or 4,000%, not in the next decade, nor in time for the Net Zero deadlines.We are thinking in terms of kilowatt hours instead of in terms of tonnage - and tonnage is what's required to get those kilowatt hours. Mills says, “It requires both the extraction and movement of a quantity of materials equal to or greater than the quantities of materials that humanity extracts and moves and grows for all other purposes combined. The world's not capable of doing that with the technologies that exist.”Where is all this new metal going to come from? To take a mine from exploration and discovery to production takes 16 years. Even if you relax regulation (unlikely) and accelerate investment (not so easy) you are only at best going to shave a few years off that. To go out and explore for mines and develop them requires investment, which the industry has been starved of since 2011. What's more, there's no guarantee you will ever get a payback: exploration has a success rate of about one in a thousand. Let's say you do discover something and start building a mine, what if commodity prices come down? You lose a lot more than your shirt.Then there's the political risk, whether from activists campaigning to get your mine closed (many mine plans in Chile, for example, which is supposed to be a mining hub, have lately been ditched because of such objection) or from governments seizing the produce. Burkina Faso's energy & mines ministry issued a statement on Tuesday saying it had "commandeered" 200kg of gold from Endeavour Mining's operations for "public necessity". The company will be compensated for its value, the statement added without providing further detail. Mining is starved of finance yet “the mining industry needs to deliver new projects at a frequency and consistent level of financing never previously accomplished,” says energy research company Wood McKenzie. Currently, the world is not even investing 10% of what's required. Then there is the issue of refining. This is a major geopolitical and strategic issue. China dominates refining. 40% of the global copper supply is refined there, 35% nickel, 65% cobalt, 87% rare earth, 58% lithium. Never mind the strategic questions of handing China that much power, how environmentally friendly do you think Chinese refining is going to be? Chinese coal production for power generation hit a record last year. What will happen to energy and metal prices in all of this? Currently metals prices are a whisper in the broader inflation clamour. A sustained increase in the price of metals and energy of 300% or 400% will push up overall inflation. There is only so much you can hide with subsidies. Now let's look at another cost, the environmental cost.As humans have extracted natural resources from the earth, they have become increasingly difficult to find and extract. A hundred years ago average copper grades were 4%. That is to say for every hundred tonnes of ore you process you might get four tonnes of copper. Today average grades have fallen to 1%. Other rarer metals require much more ore to be processed.“A half tonne battery,” says Mills, “requires 250 tonnes of ore to be processed somewhere”. How the energy transition leads to pollution and climate changeTo produce the materials needed to realise Net Zero “will see the world consume fuels and emit carbon dioxide at levels that are unprecedented in mining history”, says Mills. Just nuts.Every time someone buys an electric vehicle (EV), they are essentially purchasing the previous consumption of 25 barrels of oil equivalent - half oil, half coal and natural gas. These hydrocarbons will have been burnt before even the first electron moves into its batteries on the road. By the time the electric vehicle first makes it to the parking space outside your home, it has already emitted 14 tons of CO2, compared to the 5 tonnes for the conventional vehicle. It's not until the vehicle passes 60,000 miles that you end up with a net reduction. Humans require more and more energy as we grow more sophisticated. The Industrial Revolution increased energy demand. The automobile increased energy demand. The aeroplane increased energy demand. Computing increased energy demand. Drones and robots and AI are all going to increase energy demand. Surely, the answer is not to turn our backs on fossil fuels. The focus should be on developing cleaner and more efficient fossil fuel technologies, as well as improving renewable technologies.Unfortunately, the focus on renewable energy technologies has diverted attention and investment from the development of the cleaner and more efficient fossil fuel technologies we need.How to invest in the Net Zero transition So how to play all this? Do you think Net Zero diktats are going to change? I don't. Governments are too scared of the environmental lobby to change tack. The way to protect yourself, I'd say, is to be long energy and long commodities. The likes of BHP or Glencore at the safer end of the market to juniors at the riskier end.However, what I have described above is not currently being displayed in energy and metals prices. Either the market has already digested and discounted the story, or it feels it is too far away to matter, or it thinks that governments will pivot, or it is not yet priced in. What do you think?The case for a secular bull market in commodities remains strong.If you are interested in natural resource companies, I cover them extensively. Please consider becoming a paid subscriber.Interested in protecting your wealth in these extraordinary times? Then be sure to own some gold bullion. My current recommended bullion dealer is The Pure Gold Company, whether you are taking delivery or storing online. Premiums are low, quality of service is high. You can deal with a human being. I have an affiliation deals with them.This article first appeared at Moneyweek. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.theflyingfrisby.com/subscribe
FOLLOW UP: DFT WITHDRAWS APPEAL AGAINST FOI REQUESTDr Greg Marsden has confirmed that the Department for Transport has withdrawn their appeal over the Freedom of Information requirement for the justification of the Government's plans for decarbonisation of transport. He has even been supplied with the answers to his three questions. Click here to see his Tweet about this. Now we wait on the analysis of said information. FOLLOW UP: BRITISHVOLT RESCUE PACKAGE SLASHES VALUATIONBritishvolts has entered administration, you can find out more by clicking this link to Peter Campbell's Twitter thread. Just last year Britishvolt was valued in excess of $775 million, now there are rescue packages which state the company is worth $39 million. There are, reportedly, two consortiums bidding. To read more, click this Automotive News Europe article here. For more context around battery factories and how the UK appears to be sinking behind others, click this article from The Guardian. ENVIRONMENT AUDIT COMMITTEE RECOMMEND IEA PLAN TO UKThe Environment Audit Committee, from Parliament, has recommended the UK Government implement the ideas from the International Energy Agency (IEA)'s ten-point plan to reduce oil usage. Some of the suggestions are reducing the speed limits by at least 10km/h, allowing cars to enter cities on alternate days of the week, encouraging working from home and more. Click here to read the article on Autocar. For the IEA plan, click this link here. FUEL STILL TOO EXPENSIVEWhilst the wholesale price of oil has dropped, particularly in December, the retail price has not matched the same pace. This comes as no surprise to anyone, mind you. There has been seemingly constant calls on the big retailers, including supermarkets, to drop their prices more than they have, but to no avail. Click here to learn more, from a Motoring Research article. POTHOLE DAMAGE UP 34% SINCE 2016In another piece of news that is not surprising in any shape or form, we find out that damage to cars from potholes has risen 34% since 2016. The suggestion is that due to the cold and the wet, which this winter has treated the UK to, the quality of roads will deteriorate further, meaning even more claims. Sunday was ‘National Pothole Day', as promoted by Admiral insurance. Click here for more, from Motoring Research. UNMARKED SPEED CAMERA VANS TRIALEDNorthamptonshire Police are trialling the use of unmarked speed camera vans, in an effort to see if they deter excessive speeding and phone use behind the wheel. The force are at pains to explain they do not financially gain anything, bar an admin fee, for any tickets issues. They also explain that drivers do change behaviour when they see marked...
Another year of explosive growth for the Solar Industry: production above 300GW, +45% yoy. What's behind this staggering growth? How are the supply chain evolving? What are the “Fab four” and what new technology are they pursuing? Why are the prices not going down? How can the development of ESG in supply chain be assessed? How will the industry look in 5 years?So many questions for this booming industry and it is just starting: Solar PV capacity is expected to almost treble over the 2022-2027 period, growing by 1.5TW and surpassing coal as the largest source of power capacity worldwide, according to a report from the International Energy Agency (IEA). In its “Renewables 2022” report, the IEA expects renewables to grow by 2.4TW over the next five-year period, with an acceleration of installations in the residential and commercial rooftop market globally to help reduce energy bills. We needed answers; that's why we brought Finlay Colville on the show. Finlay is Head of Research PV-Tech and Solar Media and the most widely admired expert around the world for his insights. (Especially now that we are wondering about the fate of our Queen of Solar, Jenny Chase, who gave up the Head of Solar at BNEF. Jenny told me she is still active. We send her our love and respect).Finlay strongly believes that the Solar industry will reach a 1TW capacity in this very decade, which is a total gamechanger than the incumbents are totally oblivious to.Gerard and Laurent agree 100%. “The incumbent energy industry has literally no idea what's coming for them”-------Find more of Finlay Colville analysis herehttps://www.pv-tech.org/https://www.solarmedia.co.uk/--------A warm salute to our friends of Solar Power Europe.https://www.solarpowereurope.org/-------We thank the Green Recruitment Company for supporting the show. The Green Recruitment Company is the leading renewable energy and sustainability staffing company in the world. With recruiters in Europe, America, China, Australia & Africa, The Green Recruitment Company offers bespoke staffing solutions across solar, wind, green hydrogen, carbon capture, storage, investment & finance, and much more. https://www.greenrecruitmentcompany.com/--------------------Don't forget our excellent weekly sister show: Redefining Energy MINUTESApplepodcast: https://podcasts.apple.com/gb/podcast/redefining-energy-minutes/id1605111087Spotify: https://open.spotify.com/show/0mx29RlfrabGS6QErA8UD8-------------------------------------------------------Merry Christmas to all our listeners. See you on the 2nd January 2023 for our traditional previsions. (Gerard thinks he has won)
War. Inflation. Supply shortfalls. The global energy system looks much different than a year ago, thanks to a confluence of disruptive forces for oil and natural gas. Ever-cheaper renewables, electric cars, and stronger climate policies are putting peak fossil fuel consumption in sight. How will these competing factors play out in the coming decade and beyond? This fall, the International Energy Agency (IEA) published the latest version of its flagship report, the World Energy Outlook (WEO). It examines the state of the global energy system and maps out a variety of decarbonization scenarios for the future. This week host Jason Bordoff talks with Laura Cozzi. Laura is the chief energy modeler at the IEA . She also serves as the head of the demand outlook division, and is responsible for producing the annual World Energy Outlook. Laura has been with the IEA for more than 20 years and has co-authored multiple editions of the WEO. Jason talks with Laura about this year's analysis – and the various scenarios outlined in the report. They discuss the prospect for a peak in fossil fuel consumption, the impact of increased investments in clean energy, and the long-term impacts of today's supply crisis.
One of the highest consumers of electric power are data centers. According to the International Energy Agency (IEA), the data center industry, accounts for approximately 4% of global electricity consumption and 1% of global greenhouse gas emissions. To top it off, the carbon dioxide emissions of data centers are comparable to that of the aviation industry.The data center industry is responsible for more greenhouse gases than commercial flights
This week on Babel, Jon speaks with Ali al-Saffar, the Middle East and North Africa program manager at the International Energy Agency (IEA). They talk about the state of electric grids in the Middle East; renewable electricity and the energy transition; and why some Middle Eastern countries have too little electricity, why some have too much, and why that matters. Then, Jon continues the conversation with Will Todman and Lubna Yousef about subsidies and reform in the region. Jon Alterman, "The Middle East's Coming Centrality," CSIS, September 20, 2022. Ali al-Saffar and Brent Wanner, "How producers in the Middle East and North Africa can free up more natural gas for exports," IEA, May 25, 2022. Ali al-Saffar and Matthew Van der Beeuren, "The case for energy transitions in major oil- and gas-producing countries," IEA, November 18, 2020. Transcript, "COP 27 Preview: Electrifying the Middle East," CSIS, November 1, 2022.
We start off this edition of the World Business Report podcast with a look at the European Central Bank's third interest rate hike of the year. At 1.5% interest rates are at their highest level since the global financial downturn of 2009. Maria Demertzis, Deputy Director of the Bruegel, an economic think tank in Brussels, joined us to discuss the immediate and long term effects of this strategy. Next, we hear from Chin Le-Chewin, the boss of China's development bank about why they keep lending to countries with already crippling debt. In its annual report, the International Energy Agency (IEA) has warned that the first truly global energy crisis may be on the horizon as a result of Russia's invasion of Ukraine. Our presenter Sam Fenwick speaks with the Chief Energy Economist at the IEA, one of the co-lead authors of the report. Emma Wall is the Head of Investment Analysis at the UK brokers Hargreaves Lansdown and joined us for the latest on the markets. And finally, we end the programme with some good news. India's men's and women's national cricket teams will be paid the same appearance fee to represent their country. The announcement came from the India's top Indian cricket official, Jay Shah: who said, 'Pay equity was my commitment to our women cricketers". Diana Edulji, Indian's first woman cricket captain spoke joined the programme to discuss the significance of this milestone. This edition of World Business Report was presented by Sam Fenwick. Senior Producer: Izzy Greenfield | Producers: Devina Gupta and Gabriele Shaw
Former Hillary Clinton campaign lawyer, Michael Sussman was found not guilty in the Trump-Russia collusion case after a DC jury ignored direct evidence. It's been a month since Justice Alito's draft on Roe v. Wade was leaked. While few questions have been answered, officials are now requesting personal cell phone information from clerks in an effort to narrow down the culprit. Days after DHS' failed Disinformation Governance Board dissolves, their leader Nina Jankowicz implied that the board could have stopped the Uvalde, Texas school shooting. Finally, chief economist to the International Energy Agency (IEA), Fatih Birol announced that the U.S. summer fuel shortage has the potential to be worse than the 1970s oil crisis with some gas stations prepping for $10 per gallon.Here's your Daily dose of Human Events with @JackPosobiec Save up to 65% on MyPillow products by going to MyPillow.com/POSO and use code POSO To get $500 of free silver on a qualifying purchase go to https://allegiancegold.com/POSO/ with code POSO
The globalist International Energy Agency (IEA) is calling for energy lockdowns as the price of gas and oil skyrockets. The multinational agency introduced a 10-Point Plan to cut oil use, including banning cars on Sunday and only allowing certain license registered vehicles on the road on certain days. This could be the beginning outline for the seemingly inevitable "climate lockdowns." Transgender swimmer Lia Thomas has won the women's 500-yard NCAA title. This has sparked controversy as observers have questioned the fairness of biological males competing against biological women. Any opposition to transgender athletes has been instantly labeled as "transphobic," but discussions are needed to identify the potential long-term implications of competition between transgender women and biological women. Volodymyr Zelenskyy has suspended activities of 11 political parties who have ties to Russia. The largest of them is the Opposition Platform for Life, which has 44 out of 450 seats in the country's parliament. Zelenskyy's announcement follows the introduction of martial law which places a ban on parties associated with Russia. Pardon My American podcast (PMA) is an opinion-based podcast that explores local and global politics, entertainment, paranormal, and culture all while having a good laugh. They keep things lighthearted as they dive into subjects that inspire you to think and ask questions. Support Our Sponsors ► Aura ► GhostBed Support Our Show ► Website ► Buy Merch ► Patreon Follow Our Show ► YouTube ► Rokfin ► Instagram ► Telegram ► Rumble