Political Climate

Banks don’t just hold on to your dollars and cents, they also play a role in addressing the climate crisis.  In the latest episode of Political Climate's DITCHED series, we take a closer look at the banking sector and what institutions like JP Morgan Chase, Bank of America, Wells Fargo and others can do to fight global warming. Patrick McCully, climate and energy director at the Rainforest Action...

Young Americans voted in record numbers during the 2020 election and played a key role in tipping the scales to Joe Biden. Early research shows that climate change was a major driver of that robust turnout. The Sunrise Movement and other environmental groups mounted extensive campaigns to register and mobilize voters to oppose President Trump and vote climate champions into office.  Biden’s climat...

Americans are waiting with bated breath for the results of a long and contentious election. At the time of publication, former Democratic Vice President Joe Biden looks poised to take the White House, while Republicans are likely to hold on to the Senate. But the final outcome of this unprecedented pandemic election remains uncertain, with ballots still being counted in several key states. In this...

What comes after November 3? As presidential candidates make their closing arguments, many stakeholders in the climate and energy community are already looking beyond Election Day.  In this episode, experts discuss the top action items they’re watching for in a potential Biden versus returning Trump administration. What are the most tactical policy moves? Who will be making decisions? How will the...

At least 40 million Americans have already cast a ballot in early voting, with still more than a week until Election Day.   In this episode of Political Climate, we examine if environmental issues are mobilizing voters the way that analysts anticipated. Who are those voters and do they hold sway? We discuss with Nathaniel Stinnett, founder of the Environmental Voter Project, a non-partisan organiz...

There is a lot of money in American politics. Campaign spending in 2020 is expected to reach $11 billion dollars — making it the most expensive election in U.S. history.  In light of these growing dollar figures, a group of billionaire donors from across the political spectrum say they’re laying down arms and joining forces to transform politics and tackle critical issues, such as climate change. ...

How do you elect political candidates who will make tackling climate change a priority? In this episode, we speak to two groups attempting to figure that out and put climate change at the center of races up and down the ballot.  In 2018, Caroline Spears launched the Climate Cabinet Action Fund to offer bespoke climate data, policy ideas and messaging suggestions to candidates and lawmakers. The or...

President Donald Trump and former Vice President Joe Biden faced off in their first debate this week. To the surprise of many, Fox News moderator Chris Wallace asked the presidential candidates a series of questions on climate change. Energy and environmental issues got more air time on Tuesday night than at all 2016 presidential debates combined. On this week's episode of Political Climate, our h...

Before the COVID-19 pandemic, more Americans worked in clean energy than there were school teachers in the country. The once booming sector is now experiencing hundreds of thousands of job losses as a result of the coronavirus recession.  What will it take to not only get these jobs back but to grow the clean energy sector beyond where it was at the start of the year, putting the industry at the c...

“Climate change poses a major risk to the stability of the U.S. financial system and to its ability to sustain the American economy.” That’s the top line takeaway from a landmark new report from the Commodity Futures Trading Commission. While the core finding isn’t entirely new, the CFTC report carries weight. “Managing Climate Risk in the U.S. Financial System,” commissioned by a panel of Preside...

The youth climate movement has gained enormous momentum over the past few years. While progressive groups tend to be the most well known, conservative youth activists are also expanding their presence in American politics.  The Republican Party stands to lose an entire generation of voters if it doesn’t embrace a more environmentally friendly agenda. We speak to Benji Backer, founder and president...

In the face of a mounting climate crisis, financial institutions are reevaluating their relationships with coal, gas and oil. But while the divestment movement is picking up speed, it isn’t on a one way street.  There is still lots of money flowing into fossil fuels through various public and private channels. At the same time, fossil fuel interests are spending heavily to influence policy that pr...

Financial regulators have a key role to play in addressing the systemic risks presented by climate change. Arguably, it’s part of their mandate to safeguard financial markets and the real economy from disruptive shocks. Like the COVID-19 pandemic, change change has the potential to wreak havoc on asset valuations and economic stability, as well as the lives and livelihoods of millions of people —...

Is a green recovery within the oil and gas industry a contradiction in terms? Can these fossil fuel firms meaningfully decarbonize their businesses, while creating new jobs in a struggling economy and volatile energy market? We discuss with a panel of experts, including oil and gas giant BP, in this episode of Political Climate. The oil and gas industry was hit hard by COVID-19, but business was a...

Fossil fuel divestment ain’t what it used to be. In a good way, if you ask advocates. In this episode — the second episode of Political Climate's special DITCHED miniseries — we get further into the weeds on what’s driving the Divest/Invest movement and where it’s going. We cover a lot and connect the dots in an interview with Justin Guay, director of global climate strategy at the Sunrise Project...

The Golden State is in a dark place. Power outages in the midst of a historic heatwave were followed by devastating wildfires. All of which comes on top of persistently high COVID-19 case numbers and a once roaring economy now faced with a $54 billion budget shortfall.  But despite these challenges, there’s reason to believe that California can build back in an economically and environmentally sus...

A decade ago, hopes that world leaders would rally around meaningful policies to combat climate change were at a low. The 2009 United Nations climate conference in Copenhagen had ended with little to show for it and the U.S. failed to pass a major climate bill the following year. Then in 2011, the first divestment campaigns struck up on college campuses. In the climate space, divestment is all abo...

You may have seen the headlines about universities ditching their fossil fuel investments. Or perhaps you saw the news that BlackRock, one of the world’s largest financial firms, is getting out of coal and putting climate change at the center of its investment strategy. Pension funds, insurers, family offices and others are also moving their assets out of the fossil fuel industry and re-assessing...

Texas, home of the U.S. oil and gas industry, has become a clean energy superpower. The state already leads the nation in wind-power generation and solar is booming. Last year, Texas generated more electricity from renewable energy sources than from coal. Now, as the coronavirus pandemic delivers a blow to the state’s struggling oil and gas industry, wind and solar production remain on a trajector...

Tony Seba gets a lot of things right. The world-renowned thought leader, entrepreneur, educator and author accurately predicted the rapid decline in solar photovoltaic costs and lithium ion batteries. He also predicted the collapse of the coal industry and oil prices. Now, he’s out with a new book, “Rethinking Humanity,” that predicts the 2020s will be “the most disruptive decade in history” — not...

There’s been a lot of talk recently about a “green recovery” and “building back better.” But what do these concepts really mean? What are the most compelling ideas being put forward by economists, policymakers, grassroots leaders and other experts? What kinds of actions will produce the best results in terms of economic growth, improved health, lower emissions and greater resilience? These are que...

Few people have more experience working in modern Democratic politics than John Podesta. From Senate staffer to White House chief of staff, progressive think tank founder to presidential environmental policy counselor, campaign manager to climate action advocate — Podesta has seen a lot. In this exclusive, in-depth interview, we get the veteran Democrat’s perspective on the state of climate politi...

There’s a lot of discussion these days about “building back better” and passing “green economic stimulus.” But what exactly does this entail? On this bonus episode, we share insights and resources from a group of energy leaders in California. They discuss new ways to think about environmental investments in COVID-19 recovery packages, how the public sector can advance sustainability goals at the l...

Joe Biden has just released the details of his $2 trillion plan to combat climate change, firming up a key pillar of his platform heading into the 2020 election. The proposal is being pitched as a way to boost the American economy, create millions of jobs and “build back better” coming out of today’s profound public health and economic emergencies. The Biden climate plan comes on the heels of the...

In a series of major wins for the environmental community, three multibillion-dollar pipeline projects — the Dakota Access Pipeline, the Keystone XL Pipeline and the Atlantic Coast Pipeline — were recently delivered devastating setbacks.  The business and legal decisions undermine President Trump’s multiyear effort to ease environmental regulations and expand oil and gas development in the U.S. Me...