Podcast appearances and mentions of Michael Liebreich

What does it take to future-proof Europe's electricity grid? How do you finance €65 billion in infrastructure without driving up consumer electricity costs? And can the permitting process be sped up to become fast enough for the energy transition?This week on Cleaning Up, Michael Liebreich sits down with Tim Meyerjürgens, CEO of TenneT Germany, the country's largest transmission system operator, to explore the physics and finance behind decarbonising Europe's power networks.From billion-euro transmission lines to the domestic and international politics of connecting the North Sea's vast offshore wind potential with Germany's industrial heartland, Meyerjürgens offers a rare inside view of one of Europe's most complex and capital-intensive transitions.The conversation dives into:• How TenneT split its Dutch and German operations to attract €9.5 billion in equity from investors like Norges Bank and GIC• The challenge of accelerating grid buildout from 20-year to 5-year timelines• The delicate balance between regulation, investment, and public acceptance• Why building our transmission across Europe is key to energy resilienceThis episode was supported by TenneT Germany.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Discover more:• TenneT Germany's website: https://www.tennet.eu/de-en/home • TenneT Germany successfully concludes syndication of €12 billion revolving credit facility: https://www.tennet.eu/de-en/news/tennet-germany-successfully-concludes-syndication-eu12-billion-revolving-credit-facility• The £60 Billion Plan To Rewire Britain | Ep227: John Pettigrew: https://www.youtube.com/watch?v=S7Lg1A958aA• Can Europe Survive the Renewables Transition? Ep201: Nikos Tsafos: https://www.youtube.com/watch?v=dUvKzs82Mi0

Tell us what you think of the show! This Week in Cleantech is a weekly podcast covering the most impactful stories in clean energy and climate in 15 minutes or less featuring Paul Gerke of Factor This and Tigercomm's Mike Casey. This week's episode features special guest David Roberts, host of the Volts podcast, who recently sat down with clean-energy analyst Michael Liebreich to discuss calls for a “climate reset” that emphasizes costly technologies over proven clean energy solutions. This week's "Cleantechers of the Week" are:Andrew Otazo who has hauled more than 17 tons of trash, mostly from the islands around Biscayne Bay. Otazo wants to clear as much trash as he can. Forrest Smith, former chief petroleum engineer for the National Park Service. Forrest was the only individual responsible for cleaning up dozens of abandoned oil and gas wells at national parks across the country. Last month, he was forced to step down and the NPS is not looking to replace him. Juan Naula. Juan struggled to find funding for his ride-sharing startup, so he quit his job to pick up trash on the streets of L.A. Juan started a social media account titled, “Clean L.A. With Me,” and started a nonprofit to raise money and recruit volunteers to help him.This Week in Cleantech — November 07, 2025How virtual power plants could meet data centre energy demand — The Financial TimesWhite House Fossil Fuel Bet Is Losing to Green Energy — BloombergSlow rollout throttled Biden's big clean energy ambitions, former staffers say — POLITICO$615,000 a Day: Order to Keep Coal Plant Open Ignites Debate in Michigan — The Wall Street JournalMichael Liebreich on a "pragmatic climate reset" – VoltsWant to make a suggestion for This Week in Cleantech? Nominate the stories that caught your eye each week by emailing Paul.Gerke@clarionevents.com

Is green hydrogen a ‘miracle fuel' or an expensive illusion? Can we decarbonize without it? And what happens when hydrogen hype meets hard economics?This week on Cleaning Up, Michael Liebreich debates Erik Rakhou, author of Touching Hydrogen Future, in a no-holds-barred discussion moderated by Andrew Critchlow of S&P Global Commodity Insights.Together, they contest one of the most contentious topics in energy today: hydrogen. Liebreich argues that hydrogen is plagued by physics-driven cost barriers and limited real-world applications, while Rakhou defends its potential as a critical tool for industrial decarbonization, energy resilience, and long-term security.From the potential of green vs. blue hydrogen, to global ammonia trade routes, Europe's pipeline ambitions, and China's hydrogen cost curve, this debate pulls no punches. Topics include:Whether there'll ever be a hydrogen-based economyWhy hydrogen economics remain so challengingThe role of carbon pricing vs. subsidiese-Fuels and hydrogen's place in transport, steel, and aviationWhy electrification trumps hydrogenThis episode was recorded at the S&P Global offices in London and originally broadcast as a S&P Global webinar on October 29, 2025. THanks to S&P Global and Andrew Critchlow for hosting the debate.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Read more:Erik's website: https://rakhou.comThe EU's hydrogen strategy: https://energy.ec.europa.eu/topics/eus-energy-system/hydrogen_en• Data on EU natural gas prices 2010-2025: https://drive.google.com/file/d/1buQTdpQOMShue-zXyZUYVgZ9dPe5rZ5Y/view?usp=share_linkMichael Liebreich's Keynote Speech at World Hydrogen Congress 2022: https://www.youtube.com/watch?v=Xj900aBPkiYErik's book ‘Touching Hydrogen Futures': https://europeangasmarket.euEuropean Court of Auditors call for a hydrogen reality check: https://www.eca.europa.eu/en/news/NEWS-SR-2024-11Michael's Pragmatic Climate Reset: https://about.bnef.com/insights/clean-energy/liebreich-the-pragmatic-climate-reset-part-i/

What if the energy transition isn't about sacrifice and belt-tightening, but abundance? Are electrified technologies ready to replace the polluting fossil fuel system we're so reliant on? And what will it mean for western nations if they can't keep up with China? In this special bonus episode of Cleaning Up, recorded live in Berlin, Michael Liebreich sits down with Kingsmill Bond, strategist at Ember, to unpack The Electrotech Revolution, a powerful new framing of the global shift from a fossil-fuel economy to an electrified, efficient, and inevitable clean energy system.Together, Kingsmill and Michael explore why the growth of solar and wind is now outpacing fossil fuels worldwide, how China's leadership is reshaping the global landscape, and what Europe and the US must do to compete. Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and more:Ember's Electrotech Revolution Report: https://ember-energy.org/latest-insights/the-electrotech-revolution/Ember's Funders: https://ember-energy.org/about/Lauri Myllyvirta on Cleaning Up: https://youtu.be/FqjvCeR9VLgMichael's Pragmatic Reset Part 1: https://www.youtube.com/watch?v=OHKGor2_BzQMichael's Pragmatic Reset Part 1: https://www.youtube.com/watch?v=OFF1imh1U2c

Lately, everyone from Tony Blair to Daniel Yergin is calling for a “climate reset,” so I brought on clean-energy analyst Michael Liebreich to discuss his own, very different version. While others push expensive distractions, Liebreich argues that the inexorable growth of cheap renewables is already on track to displace fossil fuels, a “tortoise” strategy that will win without the need for crisis politics. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.volts.wtf/subscribe

Was tun, wenn die politische Unterstützung für Klimaschutz bröckelt? In dieser Folge sprechen wir mit Michael Liebreich, ein weltweit renommierter Experte für Clean Energy, Klimafinanzierung und nachhaltige Infrastruktur. Liebreich ist Gründer von Bloomberg New Energy Finance, Chairman von Liebreich Associates und Co-Managing Partner bei EcoPragma Capital. Er berät Regierungen, Unternehmen und Organisationen weltweit zur Energiewende – und ist bekannt für seine pointierten Analysen und klaren Worte. Ausgangspunkt der Folge ist Liebreichs Essay The Pragmatic Climate Reset, in dem er die aktuelle Lage der globalen Energiewende analysiert – und eine provokante These aufstellt: Die Klimabewegung muss sich neu aufstellen, Narrative überdenken und die „vernünftige Mitte“ zurückgewinnen, wenn sie langfristig erfolgreich sein will. Liebreichs Botschaft: Die Energiewende ist nicht tot – aber sie braucht neue Strategien, neue Sprache und neue Allianzen. Seine Artikel findet ihr hier: Liebreich: The Pragmatic Climate Reset - Part I | BloombergNEF Liebreich: The Pragmatic Climate Reset – Part II: A Provocation | BloombergNEF Hörtipp: Wasserstoff vs. Realität: Teurer Hype? Michael Liebreich - Geladen - der Batteriepodcast zur Energiewende

This summer, Michael Liebreich wrote two essays under the title of the Pragmatic Climate Reset. The first challenged the idea that the clean energy transition has failed. And the second challenged the clean energy and climate community to a reset, exploring eight areas which he thinks the transition has gone astray.In this special episode, Bryony Worthington sits down with Michael Liebreich, to unpack Part 2 of “The Pragmatic Climate Reset.”Michael lays out a bold vision for cutting through the noise — replacing ideology with realism, and paralysis with progress. From net zero targets and critical minerals to global politics, energy security, and the economics of clean tech, this is a conversation about what it takes to deliver a just and workable climate transition.Bryony asks Michael,Why criticise Greta Thunberg rather than call out anti-climate commentators like Joe Rogan or President Trump?Did he go too easy on the fossil fuel industry?What does he think he got wrong?How has the essay been received, and did he get any good feedback, either positive or negative.Michael puts forward the idea that if the transition is to succeed in the long run and keep the public on board, we must proceed as a tortoise, not a hare, building on the considerable momentum of renewables to phase fossil fuels out of our energy mix while also keeping energy affordable, and everyone's lights on.Listen now, or watch the full episode on YouTube.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Links and more:Read Part I here: https://about.bnef.com/insights/clean-energy/liebreich-the-pragmatic-climate-reset-part-i/Read Part 2, here: https://about.bnef.com/insights/clean-energy/liebreich-the-pragmatic-climate-reset-part-ii-a-provocation/Watch the first part of the pragmatic climate reset: https://www.youtube.com/watch?v=OHKGor2_BzQExplore all of Michael's audioblogs and essays: https://www.youtube.com/playlist?list=PLe8ZTD7dMaaAGobfBqd5eRQfeb5l9vPLG

What does it take to rewire a nation's energy system? Can we make the grid cleaner, smarter, and more resilient — without driving up bills? And how will the explosion of AI data centres reshape the future of electricity demand?This week on Cleaning Up, host Michael Liebreich sits down with John Pettigrew, outgoing CEO of National Grid, for a candid conversation marking the end of his 35-year career. Together they explore the UK's £60 billion plan to deliver Clean Power by 2030, the race to build transmission for offshore wind, the growing strain from AI-driven electricity demand, and lessons from major outages in Spain and Heathrow.Pettigrew reflects on the evolving “energy trilemma” — balancing decarbonisation, reliability, and affordability — shares reflections from his 35-year career: what's changed, what went wrong, and what comes next for the grids powering our clean energy future.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Arup, Cygnum Capital, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Links and more:John's first appearance on Cleaning Up: https://youtu.be/1HVcJuO9dNIRoger Dennis on Cleaning Up 'The Price of Resilience': https://youtu.be/CELQT31riDENational Grid's £60 billion plan: https://www.nationalgrid.com/gridforgrowthNational Energy System Operator (NESO): https://www.neso.energy/Final report from what happened to the Heathrow substation: https://www.neso.energy/news/final-report-review-north-hyde-substation-outage

Is the future of clean energy and climate solutions brighter than we think? In this episode of Cleaning Up, Michael Liebreich welcomes back Hannah Ritchie — Deputy Editor at Our World in Data, researcher at the Oxford Martin School, and author of her new book, Clearing the Air.In Clearing the Air, Hannah tackles 50 of the most common myths and misconceptions about climate solutions, from “Isn't climate action too polarised and politically divisive to fix?” to “What happens when the wind doesn't blow?” and “Won't the world run out of minerals?” Hannah dives into the data behind renewables, electric cars, nuclear power, grids, and even lab-grown meat — cutting through the noise with clarity.Michael quizzes Hannah on why she wrote the book and what she hopes to achieve with it, and whether it has the potential to change the minds of climate skeptics. This conversation offers a grounded, accessible look at what really works, what doesn't, and why we should feel more hopeful than the doom-filled narratives suggest.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Arup, Cygnum Capital, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Links & more:Clearing The Air: https://www.penguin.co.uk/books/462676/clearing-the-air-by-ritchie-hannah/9781784745745Ep147: Dr Hannah Ritchie: https://youtu.be/fMLmeWc7NFoEp178: Dr Andy Palmer: https://www.youtube.com/watch?v=fzDWFFRDK8oDecarbonising the Last Few Percent: https://mliebreich.substack.com/p/decarbonizing-the-last-few-percent 

What happens when cheap solar flips the script on climate sceptics? Can pumped hydro really deliver the long-duration storage we need? And is “hope” a dangerous comforter in the race to net zero?In this season opener of Cleaning Up, Michael Liebreich sits down with Malcolm Turnbull — former Prime Minister of Australia, lawyer, statesman, energy investor, and climate champion. From leading Australia through fierce political battles over climate policy to now spearheading renewable projects through Turnbull Renewables, he offers a rare insider's perspective on the global clean energy transition.Turnbull and Liebreich explore the clash between optimism and realism in climate action: why cheap solar is reshaping politics, the promise and pitfalls of green hydrogen, and whether pumped hydro could be the long-duration storage solution the world needs. Along the way, they reflect on U.S. politics under Trump, trade negotiations without American leadership, and why “hope is not a strategy” when it comes to energy security.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Arup, Cygnum Capital, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Links and more:Snowy 2.0: https://www.snowyhydro.com.au/snowy-20/about/International Hydropower Association: https://www.hydropower.org/Green Trade or Green Trade-Off - Ep52: Tony AbbottHow Big Things (Should) Get Done - Ep128: Prof. Bent FlyvbjergIs The Tide Turning On Hydrogen? Ep210: Andrew ForrestYa Basta: https://liebreich.com/214-2/The Spycatcher Trial: https://www.theguardian.com/australia-news/2015/sep/14/malcolm-turnbull-spycatcher-lawyer-prime-minister

Energy Voice's Ryan Duff, Erikka Askeland, and Mat Perry discuss the number one question GB Energy boss, Dan McGrail, has been asked since taking over the state-backed body. Erikka tells us about the speech Dan delivered while at the Scottish Green Energy Supply Chain Awards in Aberdeen, in which he said the most popular question he's asked is "What is GB Energy?" There were some interesting insights given by Dan as our trio of journalists discussed the implications of a state-owned "activist investor". Next up, Energy Voice editor Mark Selby spoke with renowned energy analyst Michael Liebreich in a pre-recorded interview. While trying not to come across as a "Debbie Downer" on net zero, Liebreich said the UK needs to stop "chasing the Quixotic dream of Clean Power 2030" and embrace a more pragmatic approach. Finally, this episode wraps up on the University of Aberdeen's latest review, conducted by John Underhill. It is suggested by John that "bespoke" permits should be handed out to oil and gas developments located near existing infrastructure. This raises some interesting questions at a time when the UK offshore regulator, the North Sea Transition Authority, is unable to hand out any licences while operators await the results of government consultation.

What if the energy transition isn't a race, but a steady march toward the end of fossil fuel usage? Do we need to move more like the tortoise, and less like the hare? And in a world of competing narratives, who gets to define "pragmatism"?In this season finale of Cleaning Up, hosts Michael Liebreich and Bryony Worthington unpack these questions as they review Season 15's most compelling conversations about energy transformation, and celebrate five years of Cleaning Up. They dissect the current political landscape, particularly the challenges facing clean energy in the United States, and Bryony grills Michael on his recent Bloomberg essay on the "Pragmatic Climate Reset."This is the final episode of Season 15 of Cleaning Up, join us in September for the start of Season 16.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Links and more:Watch all the episodes in Season 15 of Cleaning Up: https://youtube.com/playlist?list=PLe8ZTD7dMaaB2B4gQpVBd34bjcF1w0BpP&feature=sharedSee our archive of over 200 episodes at https://www.cleaningup.live/

In February, veteran fossil industry advisor Dan Yergin and two co-authors published a piece called The Troubled Transition. In it they dismiss the idea that there is or can ever be an energy transition, anchored on the fact that fossil fuels contributed 85% to so-called primary energy in 1990 and still contribute 80% today. Needless to say, their argument has been widely amplified by the oil and gas industry. They conclude with a demand for a new approach – which they call a “pragmatic path”. Pragmatism is needed, but not the pragmatism of defeat. Not the ‘pragmatism' of believing fossil fuels hold the key to further human progress. Not the ‘pragmatism' of addressing climate change only if it suits the interests of fossil-fuel companies. What is needed is the pragmatism of robust but affordable climate action. This week on Cleaning Up, Michael Liebreich debunks narratives that trumpet the alleged failure of climate action, and explains why a pragmatic climate reset is needed.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and more: Read the full article on BNEF: https://about.bnef.com/insights/clean-energy/liebreich-the-pragmatic-climate-reset-part-i/Tony Blair Institute Climate Reset Report: https://institute.global/insights/climate-and-energy/the-climate-paradox-why-we-need-to-reset-action-on-climate-changeMichael Cembalest 15th annual Eye On The Market: https://am.jpmorgan.com/content/dam/jpm-am-aem/global/en/insights/eye-on-the-market/heliocentrism-amv.pdfDan Yergin et al, The Troubled Transition: https://www.foreignaffairs.com/united-states/troubled-energy-transition-yergin-orszag-aryaGenerative AI – The Power and the Glory: https://about.bnef.com/insights/clean-energy/liebreich-generative-ai-the-power-and-the-glory/Five Superheroes of the Transition: https://about.bnef.com/insights/clean-energy/liebreich-net-zero-will-be-harder-than-you-think-and-easier-part-ii-easier/Tony Blair on Cleaning Up: https://youtu.be/Ko90KbFKBnIDan Yergin on Cleaning Up: https://www.youtube.com/watch?v=8QIh4U3Vgjc  

Is the US about to enter a new era of energy inflation? Can technological progress outpace political regression? Are we witnessing the permanent end of America's climate ambitions?This week on Cleaning Up, Michael Liebreich sits down with Ethan Zindler, former climate counselor to Treasury Secretary Janet Yellen, now head of countries and policy at BloombergNEF, to dissect the dramatic shifts in US energy policy. Fresh from the passage of the "One Big Beautiful Bill," Zindler reveals how recent legislation in the US could set back clean energy development by years, potentially undermining investments in wind, solar and electric vehicles. There are a couple of brighter spots too, with costs in some technologies falling so rapidly that they might escape the drag of the current administration, and other technologies — like advanced geothermal and nuclear — seeing an uptick in support. Zindler brings the latest analysis from BloombergNEF to Cleaning Up to help unpack the One Big Beautiful Bill and what it means for the future of US energy policy.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Links and more: Could Trump 2.0 Roll Back The IRA? Ep181: Ethan Zindler – https://www.youtube.com/watch?v=Sf5_r3V3Vs8The Future of Clean Tech Under Trump — Ep198: Jigar Shah https://www.youtube.com/watch?v=PCOaF-qQ_TUElon Musk and Michael's 2007 testimony to Senate Committee on Energy & Natural Resources: https://www.energy.senate.gov/hearings/2007/3/hearing-ECF571D9-2A3E-444F-A0F0-1C18EE28FFF3

Oil and gas companies lie at the heart of the energy transition. To some, they are heroes, continuing to power human progress despite all the odds. To some, they are villains, responsible for the climate change that is devastating our planet. This week on Cleaning Up, Michael Liebreich interviews Ben van Beurden, former CEO of Shell from 2014 to 2023. The conversation explores the complexities of the energy transition, climate change, and the role of oil and gas companies in addressing global emissions.Van Beurden argues that there's no silver bullet solution to climate change, emphasizing the need for multiple approaches and a holistic view of energy transformation. He believes oil and gas companies will play a crucial role in developing clean energy solutions and driving systemic change, but ultimately we must move away from polluting fossil fuels in pursuit  of the prize of Clean Energy.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover more:Episode 204, the Sierra Leone special: https://www.youtube.com/watch?v=z-5QjSfy2SM Ep111: Daniel Yergin "The World's Most Influential Energy Analyst – https://youtu.be/8QIh4U3VgjcEp86: From Climate Law Maker to Superglued Law Breaker – https://www.youtube.com/watch?v=iDo7hkcsRFA

What will it take to finally wean Europe off Russian gas? Can renewables help with grid stability? And is the EU making a mistake subsidising hydrogen? This week on Cleaning Up, Michael Liebreich sits down with EU Energy and Housing Commissioner Dan Jørgensen to dissect the continent's energy transformation. In this wide ranging interview recorded at the Berlaymont building in Brussels — the home of the European Commission — Liebreich and Jørgensen delve into critical topics including reducing dependency on Russian energy, the economics of renewable technologies, the role of nuclear power, and the contentious economics of green hydrogen. Jørgensen defends the EU's ambitious climate goals while addressing concerns about cost, competitiveness, and political pushback against the green transition. Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover more:Sierra Leone special: https://www.youtube.com/watch?v=z-5QjSfy2SMDecarbonizing the last few percent: https://mliebreich.substack.com/p/decarbonizing-the-last-few-percentLessons from Spain: https://mliebreich.substack.com/p/lessons-from-spainEU Hydrogen Strategy: https://energy.ec.europa.eu/topics/eus-energy-system/hydrogen_en  

The Tony Blair Institute for Global Change (TBI) recently released a widely publicized report titled “The Climate Paradox”, which has garnered significant positive attention from outlets such as the Guardian, the BBC, the Financial Times, Bloomberg, and much of the European press.Beginning with the statement, “Climate action has reached an impasse,” the report, authored by Lindy Fursman (who holds a PhD in Sociology from UC Berkeley), outlines several key “facts” that have been effectively debunked by experts like Michael Liebreich in his Substack and Michael Barnard in Cleantechnica.The TBI concludes with a series of recommendations, the most prominent being the call to “accelerate and scale technologies that capture carbon, alongside significant investments in engineered carbon-dioxide removal technologies, including direct air capture (DAC) solutions”. To emphasize this message, the cover of TBI's report features an image of Climeworks' plant in Iceland. Climeworks, a Swiss engineering company with 500 employees, has received $800 million in equity and subsidies from major players such as Partners Group, the GIC (Singapore's sovereign wealth fund), Baillie Gifford (an early investor in Tesla), Swiss Re, and Microsoft.However, last week, Climeworks faced a major setback when it was revealed that despite receiving substantial funding, the company had only captured 105 tonnes of CO2—not 105,000, but just 105 tonnes (less than a single flight London – New York) —despite the strong backing of tech giants like Stripe, Microsoft and Shopify.This revelation has sparked widespread concern and warranted a prompt discussion with Laurent Segalen, Gerard Reid and Michael Barnard to assess the implications. The conversation will explore the credibility of the TBI's stance on energy, the broader potential of DAC, and whether this technology is, in fact, a case of "Deception, Amateurism, and Con."Links:Michael Liebreich substack:https://mliebreich.substack.com/p/why-tony-blair-needs-to-reset-hisMichael Barnard Cleantechnicahttps://cleantechnica.com/2025/05/05/tony-blairs-new-climate-reset-report-promotes-delay-not-action/https://cleantechnica.com/2025/05/15/climeworks-dac-fiscal-collapse-the-brutal-reality-of-pulling-carbon-from-the-sky/

Can You Run A Grid Without Fossil Fuels? "Yes," says Anders Lindberg, President of Energy and Executive VP at Wärtsilä, on this week's episode of Cleaning Up. It'll just cost €65 trillion extra by 2050. Anders' team at Wärtsilä has recently published its Crossroads to Net Zero report, which argues that keeping a little bit of flexible generation on the grid will save huge amounts of money as the globe strives for net zero, while also speeding up the transition to renewables. The argument centres on what to do with the last few percent of power supply, and what forms of generation need to be built to ensure consistent electricity supply and prevent black or brown outs.Perhaps unsurprisingly for a gas engine manufacturer, Wärtsilä's report makes the case that gas should provide the last few percentage points of electricity generation. Michael Liebreich puts that claim to the test. Discover more:Wärtsilä's Crossroads to Net Zero report: https://www.wartsila.com/energy/towards-100-renewable-energy/choosing-the-optimal-pathway-for-energy-transitionCan Germany's Gas Giant Go Green? Ep206: Michael Lewis - https://www.youtube.com/watch?v=DOD-f6uSPgcQ&A: What we do – and do not – know about the blackout in Spain and Portugal — https://www.carbonbrief.org/qa-what-we-do-and-do-not-know-about-the-blackout-in-spain-and-portugal/ENTSO-E expert panel initiates the investigation into the causes of Iberian blackout: https://www.entsoe.eu/news/2025/05/09/entso-e-expert-panel-initiates-the-investigation-into-the-causes-of-iberian-blackoutLeadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.

In Episode 84, clean‑energy luminary Michael Liebreich joins the show to unpack why oil giants like Shell and BP appear to be throttling back on renewables just as the climate crisis intensifies. Drawing on decades in clean-tech finance and heavy-transport electrification, Liebreich argues that the pivot is less a U-turn than a short-term cash grab—and that the physics and economics of “not burning stuff” will ultimately win.Expect candid takes on capital markets, policy headwinds, and where the smartest money is flowing now, all delivered with Liebreich's trademark data-driven bluntness.

In this episode, Julius speaks with Michael Liebreich, founder of Bloomberg New Energy Finance and a leading global voice on the future of energy. Together, they explore why the story of the energy transition is far from over—and why there's real reason for optimism.

When Russia unleashed its illegal and unprovoked invasion of Ukraine in February 2022, gas prices in Europe spiked by a factor of 10, driving a wave of bankruptcies and restructurings of European energy companies. Uniper was one of those. Uniper is one of Germany's largest energy companies. It is active across more than 40 countries and has 19.5 GW of power generation capacity to its name. It was one of the funders of the built-but-never-used Nord Stream 2 gas pipeline that connects Russia to Germany and, for most of its history, was heavily reliant on Russian gas. So when the gas taps from Russia were turned off, Uniper reported losses of $40 billion — the highest losses in German corporate history — and was subsequently nationalised by the German government. The company has since returned to profitability under its new CEO, Michael Lewis, our guest this week on Cleaning Up. Michael Lewis joins Michael Liebreich to discuss the company's rise from the ashes, and how it plans to reach its climate targets and overcome the dunkelflaute.Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. More from Cleaning Up:Ep164 — Leonhard Birnbaum, CEO of EON: https://www.youtube.com/watch?v=pa-DHuPNEDgEpisode 175 — Greg Jackson, CEO of Octopus Energy: https://www.youtube.com/watch?v=Gl-cRh35Hm4Episode 190 — Lord Adair Turner: https://www.youtube.com/watch?v=xxTngGxpeW0 

Earlier this month, the International Maritime Organization agreed its net zero framework at the 83rd meeting of its Marine Environment Protection Committee. If you're not sure what was agreed or the impact it will have on shipping, make sure you listen to our MEPC post-mortem episode of the podcast, which is available here. A lot of shipping's decarbonisation chips have been placed on e-fuels. This is where an electrolyser is used to split hydrogen from water and combine that so-called green hydrogen with nitrogen to make ammonia, or CO2 to make synthetic methane or methanol. E-fuels are by far the most expensive option, but they're also seen as the best way to decarbonise the industry in the long term, but not by everyone. So are we placing far too much stock in e-fuels? Or can they live up to their salvatory status and deliver shipping to net zero in time? Joining Declan on the podcast this week are: Michael Liebreich, Bloomber New Energy Finance founder Dr Tristan Smith, University College London associate professor in energy and transport

In 100 short days, the world has transformed. Since the reelection of President Donald Trump, US federal climate policy has largely been abandoned, with the government seeking to reopen coal-fired power plants and lower environmental standards. An escalating trade war and global tariffs has sent the rest of the world reeling and threatened the global financial system with collapse. China has come under particular fire, but the US has also targeted its closest allies and neighbours — Canada, Mexico and the EU — with tariffs. Any sense of certainty has been thrown out of the window as a more inward looking US seeks to reshape the global order. So what does all this mean for the energy transition, and plans to reach net-zero? Michael Liebreich and Baroness Bryony Worthington join forces for the opening episode of Season 15 of Cleaning Up to discuss. Leadership Circle: Cleaning Up is supported by the Leadership Circle: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Discover more: Cleaning Up's Sierra Leone Documentary: https://www.youtube.com/watch?v=yMxJzLNc214 Cleaning Up's interview with Mark Carney: https://www.youtube.com/watch?v=HtA5ufMzKAU Ember's Global Electricity Review: https://ember-energy.org/latest-insights/global-electricity-review-2025/ Michael's AI Update on Deepseek: https://mliebreich.substack.com/p/ai-data-centre-power-and-glory-an Michael's retreat inside an old millhouse: https://lemoulindabondance.com/

Joining Iain Dale for this special edition of Cross Question to mark Earth Day are Green Party leader Adrian Ramsay, Reform UK deputy leader Richard Tice, climate change lawyer Tessa Khan and clean energy businessman Michael Liebreich.

Is the government trying to copy Nigel Farage?Joining Iain Dale for this special edition of Cross Question to mark Earth Day are Green Party leader Adrian Ramsay, Reform UK deputy leader Richard Tice, climate change lawyer Tessa Khan and clean energy businessman Michael Liebreich.

In Sierra Leone, a 20-minute power cut can be the difference between life and death for newborn babies. In 2013, an extraordinary doctor called Dr Niall Conroy set up a neonatal intensive care unit at the Bo Government Hospital, in Sierra Leone's second largest city, and set about training the staff to give the best possible care to the desperately vulnerable babies who were admitted. But there was one problem he couldn't solve: electricity. Babies need warmth, and that means electrically powered incubators, and they need oxygen, which means oxygen separators, and the nurses need light in order to work. However in Sierra Leone, there are power cuts almost daily. They can be a few minutes, they can be hours, or they can last days. In 2017, Michael Liebreich heard about this problem and put together a group of friends and supporters to create Project Bo. Since then, the neonatal intensive care unit has had a solar system and batteries installed, and hundreds of babies' lives have been saved due to a reliable electricity supply. Eight years on, Michael visits Project Bo for the first time to see how the system is performing, meet the medical professionals working there, and find out if there's anything else that we can do to improve it.Watch on YouTube:Find the full documentary on YouTube here: https://www.youtube.com/watch?v=yMxJzLNc214Help Support Project Bo:More About Project Bo: https://www.projectbo.org/Our Campaign to Raise $100,000: https://www.gofundme.com/f/projectboOther Organisations Electrifying Healthcare:Eki Foundation ⁠⁠https://fundacioneki.org/en/Don Bosco Solar School In Bo⁠: ⁠⁠⁠https://donboscosolar.org/Powering Healthcare Hub (Sustainable Energy for All): https://www.seforall.org/programmes/powering-healthcare-hubWe Care Solar: https://wecaresolar.org/Resilient Power | Power for Health: https://www.directrelief.org/issue/resilient-powerKids Operating Room: https://www.kidsor.org/Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Davidson Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Credits:Presented by Michael LiebreichWritten by Oscar Boyd & Michael LiebreichFilmed, Produced & Edited by Oscar BoydGraphics by Jamie OliverLogistics: Jo Jagger & Alexandra McInerneySpecial thanks to Dr Niall Conroy, Nurse Juliana Conteh, Nurse Columbia Samuella Bull, Mohammed Kargbo, as well as to the team at Bo Government Hospital, and the mothers who spoke with us for this documentary.

How much electric power will AI need in the years ahead? How can that demand be met cheaply and sustainably? What can we learn from projections of data center power demand over the past several decades? How can AI contribute to meeting clean energy goals? Join host David Sandalow in a lively conversation with Michael Liebreich, founder of New Energy Finance, on these topics and more. AI, Energy and Climate is a special series from the DSR Network sponsored by NEDO and hosted by David Sandalow, Inaugural Fellow at Columbia University's Center on Global Energy Policy. AI for Climate Change Mitigation Roadmap -- https://www.icef.go.jp/roadmap and transitiondigital.org/ai-climate-roadmap.  Learn more about your ad choices. Visit megaphone.fm/adchoices

How much electric power will AI need in the years ahead? How can that demand be met cheaply and sustainably? What can we learn from projections of data center power demand over the past several decades? How can AI contribute to meeting clean energy goals? Join host David Sandalow in a lively conversation with Michael Liebreich, founder of New Energy Finance, on these topics and more. AI, Energy and Climate is a special series from the DSR Network sponsored by NEDO and hosted by David Sandalow, Inaugural Fellow at Columbia University's Center on Global Energy Policy. AI for Climate Change Mitigation Roadmap -- https://www.icef.go.jp/roadmap and transitiondigital.org/ai-climate-roadmap.  Learn more about your ad choices. Visit megaphone.fm/adchoices

How can the U.S. government bridge the gap between clean energy innovation and large-scale deployment? Will the Trump administration accelerate progress or put up roadblocks for clean tech? And how can the U.S. stay competitive with China, which already holds a commanding lead in the sector? Jigar Shah joins Cleaning Up fresh from his four-year tenure as Director of the U.S. Department of Energy's Loan Programs Office (LPO). Appointed in 2021, Shah transformed the once-obscure office into a clean-tech commercialization powerhouse, committing more than $100 billion in loans to U.S.-based companies. But with a new administration implementing sweeping cuts to the federal workforce, is all his work at risk? Or will market forces and the very real risk of blackouts keep clean energy innovation moving forward?In this conversation with Michael Liebreich, Shah shares how he turned the LPO into a driving force for clean technology deployment, and what lessons can be learned by policymakers, investors and entrepreneurs. He also offers a candid assessment of the opportunities and challenges across key sectors—from advanced nuclear to sustainable aviation fuels. Leadership Circle Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, Division Kempner, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and more DoE Liftoff Reports: https://liftoff.energy.gov Episode 9 with Jigar Shah: https://www.youtube.com/watch?v=QJhhinSeh9IEpisode 193, Mike Headroom's AI Audioblog: https://www.youtube.com/watch?v=OwZ2iNh133A

Happy New Year and welcome to Season 14 of Cleaning Up. From the future of nuclear to growing tensions between China and the USA, we're off with a bang with a conversation between hosts Michael Liebreich and Bryony Worthington. They reflect on the key trends of 2024, and looking ahead to what might be on the cards in 2025, from China's rapid electrification to political upheaval in the US. Bryony and Michael get stuck into the challenges and opportunities around the build out of nuclear power, the potential of biofuels in aviation, and what we might expect from COP30 in Brazil later this year. Leadership CircleCleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and moreHow To Win The Climate Argument | Ep172: John MarshallCanada's Controversial Queen of Green - Ep131: Tzeporah Berman Is Trump's Victory A Win For China? Ep185: Professor Qi YeCan Nuclear Repower China's Coal Fleet? - Ep163: Staffan Qvist & Dr. Yaoli Zhang The Inconvenient Truth about Climate Science - Ep93: Prof. Roger Pielke Jr. Paper on Curtailment of Nuclear Power Output during Heatwaves 

Hello, I'm Michael Liebreich, and this is Cleaning Up.I hope you are having a good break over the holiday season, and getting to spend some quality time with your family. I'm in Switzerland, where it has just snowed about a meter in 24 hours.In case you're missing your regular dose of climate content, we're starting something new, which we're calling Cleaning Up Redux. During the break between seasons, we'll be republishing some gems from our back catalogue, which now covers nearly 200 episodes.To kick us off, today we'll be listening back to episode 68, from Season 4, released in December 2021. It's a conversation with Amory Lovins, whom I dubbed the Einstein of Energy Efficiency. Amory is the co-founder and former chairman and chief scientist of the Rocky Mountain Institute. He is also the author of more than 30 books and 700 papers, and now an Adjunct Lecturer in Atmosphere and Energy at Stanford University.I first became familiar with Amory's work even before I founded New Energy Finance journey, as a fierce promoter of the cause of energy efficiency by design, and equally fierce opponent of the idea of any role for nuclear power. Amory and I do not see eye to eye on everything, but we have become good friends and occasional sparring partners.Amory joined me on Cleaning from his passive house high up in the Rocky Mountains, which is so warm despite not having any active heating that, at the time of recording, he had produced 78 crops of indoor bananas – a fact of which he is rightly proud.The reason I chose this episode to kick off Cleaning Up Redux is that, in these very turbulent and politicised times, it has a refreshing back-to-basics feel. If you can save energy you save money, and that is always a good thing. If we all focused more on making clean energy cheaper for consumers and businesses, and a bit less on persuading politicians to do things that drive up energy costs, the transition might be moving a lot faster.I hope you enjoy my December 2021 conversation with Amory Lovins.Further reading: IEA Energy Efficiency 2021 report: https://www.iea.org/reports/energy-efficiency-2021 Official bio: https://rmi.org/people/amory-lovins/ How Big Is the Energy Efficiency Resource?  (a half-hour summary talk is at https://energy.stanford.edu/events/special-energy-seminar-amory-lovins-holmes-hummel) https://doi.org/10.1088/1748-9326/aad965 Recalibrating Climate Prospects https://doi.org/10.1088/1748-9326/ab55ab Can a Virus and Viral Ideas Speed the World's Journey Beyond Fossil Fuels? (with Kingsmill Bond) https://doi.org/10.1088/1748-9326/abc3f2 SAE: Reframing Automotive Fuel Efficiency https://doi.org/10.4271/13-01-01-0004

Are we losing the argument that climate change requires action and investment? Can we balance the need for affordable energy with the costs of decarbonizing hard-to-abate sectors like steel, cement and aviation? And how can we counter the spread of misinformation and populist narratives that undermine support for clean energy? This week on Cleaning Up, Michael Liebreich welcomes back Lord Adair Turner for a deep dive into the state of the energy transition at the end of 2024. They discuss the remarkable progress in technologies like solar, batteries and electrification, but also the political and economic challenges of driving rapid decarbonisation. Turner shares his optimism that we have the technologies to reach net zero by 2070-2080, but also his concern that the pace of change may not be fast enough to avoid significant warming. They explore issues like the role of nuclear power, the need for grid investment, and the complexities of climate finance and international cooperation. This episode grapples with the tension between technological progress and political realities - and how to navigate that divide to accelerate the transition to a sustainable, zero-carbon future as we move into the new year. Leadership Circle Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and moreAdair's book, Just CapitalThe Energy Transitions Commission: https://www.energy-transitions.orgHow China Became a Green Finance Superpower - Ep160: Dr. Ma Jun The Einstein of Energy Efficiency - Ep68: Amory LovinsThe Solar Revolution - Past, Present and Future - Ep173: Jenny Chase⁠Can Exponential Growth Save a Finite Planet? - Ep187: Azeem Azhar The UK Energy Company Creating the Utility of the Future - Ep175: Greg Jackson The Bridgetown Initiator - Ep145: Prof Avinash PersaudHow To Win The Climate Argument | Ep172: John Marshall Is It Ever OK to Promote Fossil Fuels?  TNO's Hydrogen Insights 

What was achieved at COP29 in Baku, Azerbaijan? Where will the promised $300 billion come from, and how will it be spent? And what reforms are needed to make the COP process more effective and impactful? This week, host Michael Liebreich sits down with James Cameron, an international climate lawyer who has been involved with the COP process since before COPs were COPs. James shares his insights into the challenges and dynamics of these high-stakes global talks, from the crucial role of small island states to the difficulties of bridging the divide between developed and developing nations. James and Michael explore the inner workings of the COP process - its successes, failures and the urgent need for reform. James provides a clear-eyed assessment of where the negotiations have fallen short, and outlines concrete ideas for how to make the COP a more effective forum for driving real-world climate action. Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links:Ya Basta: Stop the UN Climate Charade - https://www.liebreich.com/214-2/ James' previous appearance on Cleaning Up https://www.youtube.com/watch?v=qn7GKiW5E4k Christiana Figueres on CU: https://www.youtube.com/watch?v=4YSzUJ_nMV0 Catherine McKenna on CU: https://www.youtube.com/watch?v=kEP1SGL-DcA Amber Rudd on CU: https://www.youtube.com/watch?v=MZOokwqLaRc Laurence Tubiana on CU: https://www.youtube.com/watch?v=wpVmECce7R8

As we race towards a future powered by AI and data centres, how will the insatiable demand for energy impact the environment? With the richest companies ploughing billions into energy generation, might there be some unexpected upsides for the climate transition? And can exponential technologies address the climate crisis on a finite planet? Cleaning Up host Michael Liebreich sits down with Azeem Azhar, founder of Exponential View, to explore the complex relationship between exponential growth, climate change, and the societal implications of transformative technologies. Michael and Azeem delve into the promises and pitfalls of a future shaped by the rapid advancements in renewable energy, battery storage, and artificial intelligence. This podcast was originally published on Cleaning Up. 

As we race towards a future powered by AI and data centres, how will the insatiable demand for energy impact the environment? With the richest companies ploughing billions into energy generation, might there be some unexpected upsides for the climate transition? And can exponential technologies address the climate crisis on a finite planet? This week on Cleaning Up, host Michael Liebreich sits down with Azeem Azhar, founder of Exponential View, to explore the complex relationship between exponential growth, climate change, and the societal implications of transformative technologies. Michael and Azeem delve into the promises and pitfalls of a future shaped by the rapid advancements in renewable energy, battery storage, and artificial intelligence.Exponential View: Listeners of Cleaning Up can receive one year of complimentary access to Exponential View Premium, visit: https://www.exponentialview.co/cleaningup. Offer valid for 7 days starting November 27, 2024. Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, Alcazar Energy, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live.Links:Azeem's websiteThe Solar Revolution - Past, Present and Future | Ep173: Jenny Chase Battery Recycling Is Here - But Where Are The Batteries? - Ep165: Hans Eric Melin Separating Hype from Hydrogen – Part One: The Supply Side - Audioblog 3Separating Hype from Hydrogen – Part Two: The Demand Side - Audioblog 4Inside the World's Largest AI Supercluster xAI ColossusAI's $600bn problem

How will the Trump administration's policies impact the clean energy transition in the United States? What will be Elon Musk's role in shaping climate policy? And what are the geopolitical implications of the US withdrawing from the Paris Agreement? In this special episode of Cleaning Up, hosts Michael Liebreich and Bryony Worthington reflect on the implications of the recent US election results and the potential impact on energy and climate policy. They explore the likely policy changes under a Trump administration, including potential cuts to clean technologies like offshore wind and electric vehicles, as well as the potential for increased fossil fuel production and the relaxation of environmental regulations. Bryony shares her insights from her recent trip to China, where the expectation was that Trump would win and the general sentiment was that China could do business with him. Michael examines the perceived lack of a coherent strategy in Europe to compete with the US and China in the clean energy and technology sectors.Leadership CircleCleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit https://www.cleaningup.live. Links and moreHow To Win The Climate Argument | Ep172: John Marshall Could Trump 2.0 Roll Back The IRA? Ep181: Ethan Zindler 

Could we save billions by simply reducing energy waste? How can we power the vast, energy-hungry growth of AI without sacrificing climate goals? And is Europe doomed to high energy costs and deindustrialisation? This week on Cleaning Up, Michael Liebreich sits down with Jonathan Maxwell, CEO and founder of Sustainable Development Capital LLP (SDCL), for the third time on Cleaning Up. Jonathan shares his perspective on the urgent need to address energy efficiency and waste, drawing from the themes explored in his book "The Edge." Jonathan and Michael delve into SDCL's innovative approach to providing on-site energy solutions that deliver cheaper, cleaner, and more reliable power to businesses, industries, and public institutions. Jonathan explains how their focus on distributed generation and decentralised energy systems is transforming the way organisations think about and manage their energy needs. Finally, policy. Jonathan and Michael discuss the impact of the Inflation Reduction Act in the US (and the potential turmoil from recent election results), the European Union's Green Deal, how these initiatives can be further strengthened by a greater emphasis on energy efficiency and productivity, and what the West needs to catch China. Leadership Circle Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation, SDCL and Wärtsilä. For more information on the Leadership Circle, please visit cleaningup.live LinksCheaper, Cleaner, More Reliable - Ep14: Jonathan Maxwell Checkpoint 2023: Energy Efficiency Investment - Ep113 Jonathan Maxwell How China Became a Green Finance Superpower - Ep160: Dr. Ma JunMetals Refining - From Mining to Brining: Ep 142 - Alex Grant 

Is the shift to electric vehicles really slowing down? Are people losing interest in EVs, or is there more to the story? How will changes in the global automotive industry impact the net-zero transition? And If no one wants EVs, why do we need tariffs? This week on Cleaning Up, host Michael Liebreich sits down with Colin McKerracher, Head of Clean Transport at BloombergNEF, to unpack the latest trends and dynamics in the electric vehicle market from cars to trucks to two wheelers. They dive deep into the regional differences, the strategies of European automakers, the impact of tariffs, as well as the latest forecasts and predictions in BloombergNEF's Electric Vehicle Outlook.Leadership Circle:Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle, please visit cleaningup.liveLinks:BloombergNEF's Electric Vehicle Outlook: https://about.bnef.com/electric-vehicle-outlook/The Debunker-in-Chief - Ep15: Auke HoekstraThe Solar Revolution - Past, Present and Future - Ep 173: Jenny ChaseSlowdown, what Slowdown? The EV Revolution is Just Getting Started - Ep178: Dr Andy PalmerCould Trump 2.0 Roll Back The IRA? Ep181: Ethan Zindler

Ocean's absorb one third of the CO2 we are recklessly pumping into the atmosphere, as well as 90% of the heat. What would happen if that were to stop?The oceans define every aspect of our planet's physical systems, its ecosystems, human history and human culture. They also define the planet's future. Oceans represent an almost unexplored frontier in the fight against climate change, whether as a host for offshore wind farms, an enhanced carbon sink, a source for critical minerals or a route for high-voltage DC cables. But could there be unintended consequences? This week on Cleaning Up, Michael Liebreich welcomes Professor Helen Czerski, whose expertise is 25,000 miles wide and seven miles deep, to discuss the crucial role the oceans play in regulating our climate and keeping the planet habitable. Helen is a physicist and oceanographer, and associate professor in the Department of Mechanical Engineering at University College London. She is the author of two books: 'A Storm in a Teacup' and 'The Blue Machine', about the physics of the oceans. Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, EDP of Portugal, Eurelectric, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle and how to become a member, please visit https://www.cleaningup.live Links and more: Helen's website: https://www.helenczerski.netHelen's book, Blue Machine: https://www.penguin.co.uk/books/441190/blue-machine-by-czerski-helen/9781804991961Episode 107 of Cleaning Up with David Cebon: https://www.youtube.com/watch?v=K61ZXd_F6Qo

What will it take for electric vehicles to truly dominate the transportation landscape? Can traditional automakers adapt quickly enough to the EV revolution, or will new players seize the opportunity? And how close are we to the holy grail of fully autonomous driving? This week on Cleaning Up, Michael Liebreich sits down with Dr. Andy Palmer, a pioneer in the electric vehicle industry. With over 45 years of experience in the automotive sector, Andy has witnessed the industry's transformation firsthand - from his early days as an apprentice to senior leadership roles at companies like Nissan and Aston Martin. Andy shares the fascinating story behind the development of the Nissan Leaf, the world's first mass-market EV. He delves into the challenges of bringing this groundbreaking vehicle to market and how it kickstarted his journey from "piston head" to "battery head." We also explore Andy's time at Aston Martin, where he tried to steer the iconic British brand towards an electric future. Andy provides keen insights into the rapid evolution of battery technology, the role of government policy, and the future of autonomous driving. Leadership Circle: Cleaning Up is supported by the Leadership Circle, and its founding members: Actis, EcoPragma Capital, Eurelectic, the Gilardini Foundation, KKR, National Grid, Octopus Energy, Quadrature Climate Foundation and Wärtsilä. For more information on the Leadership Circle and how to become a member, please visit https://www.cleaningup.live Links and more: Andy's website: https://www.drandypalmer.com Michael's writeup on AstonGate - https://www.linkedin.com/pulse/astongate-fake-emission-figures-embattled-carmaker-sock-liebreich/ The need for plurality - Andy Palmer's response to Rowan Atkinson: https://www.drandypalmer.com/post/the-need-for-plurality-in-response-to-rowan-atkinson Episode 175 with Greg Jackson of Octopus Energy: https://www.youtube.com/watch?v=Gl-cRh35Hm4

Germany is one of the most bullish countries in the world on clean/green hydrogen. The home of the Energiewende is not just one of the most committed countries in the world to reaching net zero, it is of course a highly industrialised nation with a very energy-intensive economy. As if that were not enough, it had one third of its energy supply yanked out from under it as a result of Russia's illegal invasion of Ukraine. Green hydrogen has become one of the mainstays of efforts to keep the lights on as the country replaces nuclear and coal power with wind and solar, and also of efforts to replace cheap Russian gas in power generation and industry. But can green hydrogen possibly live up to expectations? This week on Cleaning Up, Michael Liebreich is joined by someone who works at the heart of Germany's hydrogen policy-making machine: Eva Schmid is Director of Hydrogen and Synthetic Energy Carriers at DENA, the German Energy Agency, a think tank that works with the German government to deliver its energy strategy. As you'll see she has a clear-eyed sense of what hydrogen can and can't be expected to do, and a focus on using it to protect the resilience of the German economy. Leadership CircleWe are delighted to announce the Cleaning Up Leadership Circle, and our founding members: Actis, EcoPragma Capital, Eurelectic, the Gilardini Foundation, KKR, National Grid, Octopus Energy and Wärtsilä. For more information on the Leadership Circle and how to become a member, please visit https://www.cleaningup.live Links & more: DENA, The German Energy Agency: https://www.dena.de/en/home/ Germany's National Hydrogen Strategy, 2023: https://www.bmwk.de/Redaktion/EN/Publikationen/Energie/national-hydrogen-strategy-update.pdf?__blob=publicationFile&v=2 Hydrogen Import Strategy: https://www.bmwk.de/Redaktion/EN/Hydrogen/Downloads/importstrategy-hydrogen.pdf?__blob=publicationFile&v=1 The EU Hydrogen Strategy: https://energy.ec.europa.eu/topics/energy-systems-integration/hydrogen/key-actions-eu-hydrogen-strategy_en European Court of Auditors hydrogen report: https://www.eca.europa.eu/ECAPublications/SR-2024-11/SR-2024-11_EN.pdf EU Commissions response to Auditors report: https://www.eca.europa.eu/Lists/ECAReplies/COM-Replies-SR-2024-11/COM-Replies-SR-2024-11_EN.pdf

How does a startup become the largest provider of electricity in the UK in less than a decade? What is locational pricing and how could it encourage more renewables? And is it possible to achieve a zero-carbon electricity system by 2030? Welcome to the first episode of Season 13 of Cleaning Up, in which Michael Liebreich sits down with Greg Jackson, the founder and CEO of Octopus Energy, to uncover the incredible story behind the company's rapid growth and its transformation into a global energy powerhouse. Greg and Michael explore how Octopus Energy has gone from a small startup to the largest energy supplier in the UK, directly serving over 7 million households, and with a presence in 8 of the top 10 competitive energy markets worldwide. Greg reveals the key drivers behind Octopus Energy's success, including the innovative Kraken platform that powers their operations, the strategic acquisitions that fuelled their expansion, and the company's unwavering focus on customer-centric solutions during the recent energy crisis. The story doesn't end there. Greg shares his ambitious vision for the future, whether or not its possible to reach 1 billion Kraken licenses by 2030 and the company's groundbreaking work in areas like locational pricing, electric vehicle integration, and the electrification of home heating. Leadership CircleWe are delighted to announce the Cleaning Up Leadership Circle, and our founding members: Actis, EcoPragma Capital, Eurelectic, the Gilardini Foundation, KKR, National Grid, Octopus Energy and Wärtsilä. For more information on the Leadership Circle and how to become a member, please visit https://www.cleaningup.live Links & MoreEpisode 32: Building the Billion-Customer Energy Company — https://www.youtube.com/watch?v=x9kHNMyH7bwEpisode 154: Green Heat (and Cooling) Under our Feet — https://www.youtube.com/watch?v=-TpHa-uU6lcMichael at the Imperial College Energy Futures Lab, and the subsequent panel discussion with Greg Jackson — https://www.youtube.com/watch?v=w0Q9cuF8zKgOctopus Energy customers provide 108MW of grid flexibility in first ‘Saving Session' — https://octopus.energy/press/believe-it-or-watt-octopus-energy-customers-provide-108mw-of-grid-flexibility-in-first-saving-session-equivalent-of-a-gas-power-station/

In this episode, Our guest speaker Michael Liebreich, CEO of Liebreich Associates and co-founder of Bloomberg New Energy Finance (BNEF), delves into his extensive background in the clean energy sector. He reflects on the challenges and growth of clean energy finance since he started BNEF in 2004, highlighting the shift from niche markets to mainstream adoption. Liebreich discusses the significant role of technological advancements such as big data and machine learning in transforming the industry and emphasizes the need for both traditional and green financing. Liebreich provides career advice for individuals interested in the clean tech revolution, stressing the importance of aligning skills with industry needs and the potential for growth and fulfilment in this sector. Tune in for an insightful conversation on the evolution of the clean energy market, the future of hydrogen, and strategic guidance for aspiring cleantech professionals.

In the final episode of Season 12, hosts Michael Liebreich and Bryony Worthington reflect on the key conversations and developments in the net-zero transition over the past three months, including: China's leadership in green finance and the role of air quality issues in driving climate actionThe rapid growth of the solar industry and its potential to meet global electricity demandThe progress and challenges around electric vehicles, battery recycling, and the need for a holistic approach to energy storageThe potential of thermal batteries for storing excess renewable energyThe debates around engineering solutions like direct air capture and synthetic proteinsThe politics of climate change, the UK election results, the EU's hydrogen plans, and what might happen in the USThe intersection of fashion, sustainability, and climate change We'll be back for Season 13 of Cleaning Up at the beginning of September. Thanks so much for listening, and see you then! In the meantime, please share this podcast with a friend, colleague, family, or whoever you think might enjoy it. Links and more: Listen to and watch every episode of season 12: https://www.youtube.com/playlist?list=PLe8ZTD7dMaaAHKRt7GpWNkrhhrXv2-KoR Jim Mellon of Agronomics: https://www.youtube.com/watch?v=jqFPic5iqds Jonathan Maxwell of Sustainable Development Capital: https://www.youtube.com/watch?v=1OTbyOxYUpgLauri Myllyvirta, co-founder and lead analyst at CREA: https://www.youtube.com/watch?v=FqjvCeR9VLg

This week on Cleaning Up, Michael Liebreich sits down with mechanical engineer and YouTube creator Dr Rosemary "Rosie" Barnes to discuss the critical role of engineering in addressing climate change. Rosie shares insights from her work developing clean energy technologies and her popular channel "Engineering with Rosie," where she tackles topics like wind turbine design, the hydrogen debate, and the nuclear power discussion in Australia through the lens of engineering. Rosie and Michael dive into the engineering challenges and solutions driving the energy transition, from optimising wind turbine size to navigating the politics around nuclear power. They also explore why engineers' voices are often overlooked in the climate conversation, and Rosie offers practical advice for the next generation of women in STEM fields. Read/watch more: Rosie's YouTube Channel  Michael on Engineering with RosieAre Vertical Axis Wind Turbines Better?How Big Things (Should) Get Done - Ep128: Prof. Bent Flyvbjerg GenCost by CSIROAustralia's Nuclear Future - Centre for Independent Studies

France's governance is at stake as it holds snap elections for its National Assembly, with the far-right National Rally looking to build on its success in the European Parliament elections; the United Kingdom (UK) has its own snap general elections with Keir Starmer and his Labour Party looking to end the fourteen-year rule of the Conservatives; Iran's snap presidential elections could signal unity of regime hard-liners or glimmers of change; the European Union (EU) plans to impose provisional tariffs on Chinese electric vehicles; and Ukraine strikes more than thirty Russian oil refineries.     Mentioned on the Podcast   Amanda Chu, Kenza Bryan, and Lukanyo Mnyanda, “Global Glut Turns Solar Panels into Garden Fencing Option,” Financial Times   Ian Johnston, “French Voters Juggle Democratic Duty and Summer Getaways,” Financial Times   David Lammy, “The Case for Progressive Realism,” Foreign Affairs   Matthias Matthijs, “Pivotal Elections for France—and Europe,” CFR.org   Ray Takeyh, “Does Iran's Presidential Election Matter?,” CFR.org   Sergey Vakulenko; Michael Liebreich, Lauri Myllyvirta, and Sam Winter-Levy, “Should Ukraine Keep Attacking Russian Oil Refineries?,” Foreign Affairs   For an episode transcript and show notes, visit The World Next Week at: https://www.cfr.org/podcasts/france-iran-and-uk-hold-snap-elections-eu-pushback-chinese-evs-and-more  

In this episode, longtime clean-energy analyst Michael Liebreich assesses five causes for pessimism about the net-zero transition, alongside five causes for optimism. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.volts.wtf/subscribe

Bryony and Michael round up the eleventh season of Cleaning Up this week. They explore the themes running through the episodes, from theories of change to innovation, and discuss the things that surprised them, the moments they liked (or didn't) and reasons for optimism for the transition.  Links: Ep149: Material World - Ed Conway: https://www.cleaningup.live/material-world-ep149-ed-conway/ Ep150: Selling Sustainability - Solitaire Townsend: https://www.cleaningup.live/selling-sustainability-ep150-solitaire-townsend/Ep151: Redesigning Mining - Mark Cutifani: https://www.cleaningup.live/redesigning-mining-ep151-mark-cutifani/ Ep152: Can We Have a Habitable Planet? - David Wallace-Wells: https://www.cleaningup.live/can-we-have-an-habitable-planet-ep152-david-wallace-wells/ Ep153: Shedding Light on Energy's Dirty Secrets - Lauri Myllyvirta: https://www.cleaningup.live/shedding-light-on-energys-dirty-secrets-ep153-lauri-myllyvirta/ Ep154: Green Heat (And Cooling) Under Our Feet - Tamsin Lishman: https://www.cleaningup.live/green-heat-and-cooling-under-our-feet-ep154-tamsin-lishman/ Ep155: Extreme Electrochemistry - Prof. Donald Sadoway: https://www.cleaningup.live/extreme-electrochemistry-for-a-sustainable-future-ep155-prof-donald-sadoway/ Ep156: A Magnificent Woman And Her Flying Machines - Bonny Simi: https://www.cleaningup.live/a-magnificent-woman-and-her-flying-machines-ep156-bonny-simi/ A11: The Five Horsemen of the Transition: https://www.cleaningup.live/audioblog-11-net-zero-will-be-harder-than-you-think-and-easier-part-i-harder-1/ A12: The Five Superheroes of the Transition: https://www.cleaningup.live/audioblog-12-net-zero-will-be-harder-than-you-think-and-easier-part-ii-easier/Ep157: The Methane Hunters - Sebastien Biraud & Sharon Wilson: https://www.cleaningup.live/the-methane-hunters-ep157-dr-sebastien-biraud-sharon-wilson/Ep 158: Absolutely Electrifying - Saul Griffith: https://www.cleaningup.live/absolutely-electrifying-ep158-saul-griffith/

It seems everywhere you go, both inside and outside of the power industry, people are talking about hydrogen. Last October, the U.S. Department of Energy (DOE) announced an investment of $7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the nation and accelerate the commercial-scale deployment of “low-cost, clean hydrogen.” Hydrogen is undoubtedly a valuable energy product that can be produced with zero or near-zero carbon emissions using renewable energy and electrolyzers. The Biden administration says it “is crucial to meeting the President's climate and energy security goals.” “Hydrogen is one of the hottest topics in the energy transition conversation right now, and that's because it really is a super versatile energy carrier. A lot of folks refer to it as ‘the Swiss Army knife of decarbonization,' including our founder, Mr. Gates,” Robin Millican, senior director of U.S. Policy and Advocacy at Breakthrough Energy, said as a guest on The POWER Podcast. Breakthrough Energy is a network of entities and initiatives founded by Bill Gates, which include investment funds, philanthropic programs, and policy efforts linked by a common commitment to scale the technologies needed to achieve a path to net-zero emissions by 2050. “If you think about the ways that you can use hydrogen, you can use it as a feedstock for industrial materials, you can combine it with CO2 to make electrofuels [also known as e-fuels], you can use it for grid balancing if you're storing it and then deploying that hydrogen when it's needed, so it can be used a lot of different ways, which is great,” Millican said. “But actually, to us, the more salient question that we should be asking ourselves is: you can use hydrogen in a lot of these different ways, but should you be using hydrogen in all of those different applications?” Millican said there's a simple framework that she uses to answer that question. “If there's a way that you can electrify a process, in almost all cases, that's going to be cheaper and more efficient from an energy conversion standpoint than using hydrogen,” she said. Millican suggested electrification is a better option than hydrogen for most building and light-duty transportation applications. While noting that hydrogen could be a suitable option for aviation e-fuels, she said biofuels might be an even better fit. However, when it comes to fertilizers and ammonia, clean hydrogen is very likely the best pathway to reducing emissions in that particular sector, she said. Breakthrough Energy isn't the first group to think about hydrogen in this way. Millican noted that Michael Liebreich's “Hydrogen Ladder” has been focusing on the best possible uses for hydrogen for years. According to Liebreich, hydrogen shouldn't routinely be used in power systems to generate power because the cycle losses—going from power to green hydrogen, storing it, moving it around, and then using it to generate electricity—are too large. However, he says, “The standout use for clean hydrogen here is for long-term storage.” Yet, Millican said there is a scenario where hydrogen could be extremely affordable at scale. She said “geologic hydrogen” is something Breakthrough Energy is very interested in. “There are companies out there that are working on identifying where hydrogen exists naturally in the subsurface, and then trying to extract that hydrogen, which could be super affordable, because again, it's abundant in some areas,” she explained. “If we're thinking about hydrogen in that scenario, we might want to use it a lot more ubiquitously.”

On Wednesday in Denver, we had the pleasure of joining Dr. Roger Pielke Jr. (UC Boulder) and Chris Wright, CEO and Chairman of Liberty Energy for a live discussion as part of Liberty Energy's “Liberty and Energy” Presentation Series. Roger is a Professor in the Environmental Studies department at the University of Colorado Boulder and the author of “The Honest Broker” substack (linked here). Roger's work focuses on the intersection of policy and governance issues related to science, technology, environment, innovation, and sports. It was exciting to bring the Denver area community together and have a live, studio audience to discuss the current state of climate, energy and the environment broadly. To kick off the discussion, Roger walked us through a presentation with key background on the current state of science around energy and climate (slides linked here). We then dove into how the broader population might get better data and discussion around energy and climate, issues with the IPCC's summary for policy makers, how priorities in the environmental world have shifted to focusing primarily on climate, the impact of climate alarmism on children and young adults, and how Roger approaches teaching his students to appreciate the scale and complexity of energy and electricity in the world. Roger shares examples of the “scenario wars” that are taking place, his experience being investigated by Congress, and the overwhelming need for solid data on climate from a trusted, authoritative organization that allows for open discussion. We also discuss the role of oil and gas companies in the energy world of tomorrow, the math of getting to net zero 2050, the desperate need for more energy in the developing world, the glaring opportunity for America to help power the world, and conclude with some inside scoop on Roger's chances of joining the team with Coach Prime. As you will hear, Roger is a great explainer and wonderful thinker. We can't thank the Liberty team enough for allowing us to be a part of it. The world needs more “Liberty and Energy” town hall gatherings! As you will hear, Roger very positively mentions a podcast with Michael Liebreich and Jim Skea (the new head) of the IPCC. The episode is linked here. As we head into the weekend, we wish you well and hope your team wins! If you do get out for a walk or otherwise have some time, we hope very much you can tune in to this Special Edition COBT. We learned a lot!