Zero: The Climate Race

General Electric Co was officially founded in 1892, when several of inventor Thomas Edison's ventures were consolidated into one company. From then on, it was a behemoth. But now that’s changed: A break-up that began last year has concluded with GE splitting off into three separate companies. Scott Strazik is the CEO of GE Vernova, which focuses on wind turbines, nuclear power, and carbon capture,...

It went well past the official deadline, late into the night – but finally, COP29 ended with a deal. Hardly anyone felt victorious. Back from Baku, reporter Akshat Rathi tells producer Mythili Rao why the agreed on New Climate Quantified Goal of $300 billion made both developed and developing countries unhappy, and he shares what heads of state and ministers from Denmark to Mauritania and Indonesi...

Plans are already underway for COP30 to pick up the baton-- and tackle COP29's unfinished business. Next year’s climate conference is set to take place in Belem, Brazil, a gateway to the Amazon rainforest. André Corrêa do Lago, Brazil’s Secretary for Climate, Energy and the Environment tells Akshat Rathi that although holding a global summit in Belem poses logistical challenges, the symbolism of t...

At COP29 in Baku, Akshat Rathi is joined on stage at Bloomberg Green’s live event by Ali Zaidi, President Biden’s National Climate Advisor. Zaidi argues that it would be “economic malpractice” for the Trump administration to abandon the energy transition. Plus, veteran climate diplomat Jonathan Pershing explains why he believes global competition will result in an “acceleration of action” on green...

Climate leaders from around the world have convened in Baku, Azerbaijan for the UN’s biggest annual climate conference, COP29. And this year, it’s all about money.  Member nations are negotiating over how much responsibility rich countries have to finance the energy transitions of smaller economies. But larger global tensions loom over the proceedings — including the reelection of Donald Trump. In...

Reporter Akshat Rathi sits down with ExxonMobil CEO Darren Woods, who made his second-ever appearance at the United Nations climate conference. Woods made the case for why incoming US president Donald Trump shouldn’t exit the Paris Agreement, and should uphold the country’s monumental climate legislation passed under the Biden administration. It’s quite the tone shift for a company that has a well...

Zero is in Baku, Azerbaijan, where delegates and heads of state from around the world have gathered for COP29.  Can a petrostate make a summit on decarbonization a success? And how much will the election of President Trump damage the US’s credibility on climate– and set negotiations back? Akshat Rathi tells producer Mythili Rao what’s in store in the two weeks ahead, and COP29 President Mukhtar Ba...

Donald Trump’s re-election as the US president drastically changes the climate and energy equation—in the US and around the world. This week, Akshat Rathi speaks with California Democratic Congressman Ro Khanna about what Americans can do to sustain action on climate and clean energy. He also talks to Columbia University’s Jason Bordoff about how much Trump could boost fossil fuels. Explore furthe...

Be in the know this election with Bloomberg Podcasts. Follow Bloomberg News Now for up-to-the minute election results, all night long. And go deeper with The Big Take podcast, featuring in-depth global analysis of the US election every day this week.  See omnystudio.com/listener for privacy information.

In fractured times, what does it take to reach agreement? That’s the question writers Joe Murphy and Joe Robertson set out to explore in a play about the drama of climate negotiations. Kyoto , which ran at the Royal Shakespeare Company’s Swan Theater in Stratford-upon-Avon this summer, tells the story of the 1997 Kyoto Summit as seen through the eyes of Don Pearlman, a notorious fossil fuel lobbyi...

Started as a battery company in the 1990s in Shenzhen, BYD is now one of the best-selling EV brands in the world. Once mocked by Elon Musk, the company’s startling growth made it a global player and has sparked tariffs in the US and EU. In this episode of the Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg’s Gabrielle Copolla and Danny Lee about the company’s aggressive expansion and wha...

As Republican and Democratic canvassers make their final push to get out the US vote, the famed tech investor Vinod Khosla has been making the case for Vice President Kamala Harris with a very specific audience in mind: Elon Musk. On the social media platform owned by his fellow billionaire, Khosla has pressed the case in a series of X posts that former President Donald Trump is the wrong candidat...

Electric vehicle sales have hit the brakes in Europe and the US in recent months, as cost-conscious drivers have opted for cars with exhaust pipes instead. Bucking the trend is ride-sharing giant Uber, which is not only adding zero emission models to its fleet, but also lobbying regulators to demand more EVs on the road. On Zero, Dara Khosrowshahi discusses the company’s short and long-term green...

As Florida reels from the impact of Hurricane Milton, some Wall Street investors appear to be on track to profit from catastrophe bonds tied to the storm’s outcome. Cat bonds are a specialized insurance tool that can help people who've lost their homes find money to rebuild– or deliver big profits to investors who are willing to gamble on big natural disasters. As Bloomberg’s Gautam Naik has repor...

Next month, when delegates from around the world meet in Baku, Azerbaijan at COP29, the biggest questions on the table will have to do with money. Can rich nations find a way to meet developing countries’ demand for up to $1 trillion each year in climate finance? Avinash Persaud, special adviser on climate change for the Inter-American Development Bank, has spent his career looking for ways to mak...

What if major economies all just agreed to quit fossil fuels  — together? To date, 13 countries have signed a fossil fuel nonproliferation treaty. The biggest is Colombia, which has a $40 billion economic transition plan to build up green sectors and replace oil and gas revenue. Now Colombia is hoping to recruit other large economies to follow suit.  During a conversation at Climate Week in New Yo...

Scientists have been trying to understand — and mimic — the way the sun produces energy for centuries. But recreating the energy-generating process of nuclear fusion here on Earth presents an array of technical challenges. Bob Mumgaard, CEO of Commonwealth Fusion Systems, began working on some of those challenges as a doctoral student at MIT. Now backed by more than $2 billion, CFS is well on its...

In a little more than six weeks, Americans will cast their votes in a presidential election that has enormous stakes for the future of the planet. This week on Zero , Akshat Rathi sits down with energy and environment reporter Jen Dlouhy to talk about how Kamala Harris could advance US climate policy — and how Donald Trump could chip away at it.  “Starting on day one, he's already said he intends...

Weather patterns have always had an impact on people and civilizations. Historians argue that El Niño may have contributed to the French Revolution, and climate variability could have led to weakening the Ottoman Empire. But as anthropogenic emissions make the planet hotter, faster, Berghof Foundation Executive Director Andrew Gilmour says the risk of conflict is growing. In the 30 years he spent...

After years of research and development and billions in investment, autonomous flying taxis are finally poised to take off. Companies working on these pilotless vehicles have been quietly working on prototypes. In this bonus from The Big Take, Bloomberg reporter Colum Murphy takes a test flight in one of the first models operating in China, and his colleague Angus Whitley explains why it’s a make...

Achieving net-zero carbon emissions is a massive challenge for every industry, but some have it harder than others.  This week, Bloomberg Green senior reporter Akshat Rathi spoke with two Australian startups that are tackling carbon emissions in sectors whose carbon footprints are particularly intractable. Inspired by shark skin, MicroTau is creating a plastic film that makes airplanes more aerody...

Before he founded the geothermal startup Fervo in 2017, Tim Latimer was a drilling engineer for the oil and gas industry — a job he loved. “Honestly, if it wasn't for climate change, I probably wouldn’t have ever changed my career,” he says this week on Zero . Now Latimer is applying his drilling know-how to Fervo’s wells, supercharging their energy production in the process. The company opened it...

The “cold chain” that delivers our food is inconspicuous but vast. The US alone boasts around 5.5 billion cubic feet of refrigerated space; that’s 150 Empire State Buildings’ worth of freezers. Now, the developing world is catching up. On Zero , Nicola Twilley, author of Frostbite: How Refrigeration Changed Our Food, Our Planet, and Ourselves , discusses how refrigeration became so ubiquitous and...

This week on Zero, reporter Akshat Rathi sits down with Renee Salas, an emergency medicine physician at Massachusetts General Hospital and Harvard Medical School and a leading expert on the health impacts of global warming. The intersection of health and climate change is a growing area of research, and an increasingly urgent one: Heat deaths among seniors, for example, are projected to increase 3...

Upgrading the grid for a net-zero world isn’t just a matter of building new infrastructure. Yes, miles of additional cables will be needed, as will more transformers, more substations and more engineers and technicians. But plenty of existing technology will also need to be updated. On the third episode of Zero ’s grid series, TS Conductor founder Jason Huang discusses the material science breakth...