Episode 246: Celebrating the sustainability profession, the ‘clean fight’

November 20, 2020 by  
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Episode 246: Celebrating the sustainability profession, the ‘clean fight’ Heather Clancy Fri, 11/20/2020 – 02:00 Week in Review Stories discussed this week (3:45). Joe Biden’s environmental priorities: The first 100 days How circular cities can put people first With these emerging leaders, building the future of the clean economy starts now Features The New York clean energy scene (14:40)   We chat with two executives representing The Clean Fight NYC, a building decarbonization initiative led by New Energy Nexus and the New York State Energy Research and Development Authority. Insights from Kate Frucher, managing director of The Clean Fight, and John Hoekstra, global vice president of sustainability and cleantech at Schneider Electric.  Optimizing tires for EVs (27:10)   Goodyear Chief Technology Officer Chris Helsel talks about how the giant tire manufacturer is prioritizing design for electric vehicles, which have different weight and acceleration requirements than counterparts for gas-powered cars, trucks and vans. Under pressure: What’s influencing corporate ESG strategy (30:45)   A trifecta of factors — the COVID-19 pandemic, racial inequity and hyper-partisan politics — are reshaping how companies think about environmental, social and governance issues. GreenBiz and EDF+Business at the Environment Defense Fund are teaming on research to track those pressures. GreenBiz Vice President and Senior Analyst John Davies and EDF+Business Vice President Tom Murray weigh in on the data. Celebrating climate professionals young and old-er (39:15)   Nov. 24 marks the inaugural Day of the Climate Professional, dedicated to recognizing those who have dedicated their careers to working on climate action . Joel Makower chats with Steven Carlson, U.S. lead for the organizing group Youth Climate Leaders.  *Music in this episode by Lee Rosevere: “Curiosity,” “Southside,” “More On That Later,” “Night Caves,” “New Day,” Sad Marimba Planet,” “I’m Going For A Coffee” and “As I Was Saying” *This episode was sponsored by Salesforce Resources galore Say ‘hy-drogen’ to a decarbonized future. Our latest energy transition webcast at 1 p.m. EST Dec. 8 explores the potential for green hydrogen technologies, with experts from Shell, the U.S. Department of Energy and the Green Hydrogen Coalition. Sign up here . Recycling’s makeover, courtesy of AI and robotics. New technologies are solving logistics logjams and making it simpler to sort more materials. Join the discussion at 1 p.m. EST Dec. 10.  Do we have a newsletter for you! We produce six weekly newsletters: GreenBuzz by Executive Editor Joel Makower (Monday); Transport Weekly by Senior Writer and Analyst Katie Fehrenbacher (Tuesday); VERGE Weekly by Executive Director Shana Rappaport and Editorial Director Heather Clancy (Wednesday); Energy Weekly by Senior Energy Analyst Sarah Golden (Thursday); Food Weekly by Carbon and Food Analyst Jim Giles (Thursday); and Circular Weekly by Director and Senior Analyst Lauren Phipps (Friday). You must subscribe to each newsletter in order to receive it. Please visit this page to choose which you want to receive. The GreenBiz Intelligence Panel is the survey body we poll regularly throughout the year on key trends and developments in sustainability. To become part of the panel, click here . Enrolling is free and should take two minutes. Stay connected To make sure you don’t miss the newest episodes of GreenBiz 350, subscribe on iTunes . Have a question or suggestion for a future segment? E-mail us at 350@greenbiz.com . Topics Podcast Jobs & Careers Buildings Transportation & Mobility Collective Insight GreenBiz 350 Podcast Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 46:01 Sponsored Article Off GreenBiz Close Authorship

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Episode 246: Celebrating the sustainability profession, the ‘clean fight’

Converging crises call for converging solutions

November 20, 2020 by  
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Converging crises call for converging solutions Sarah Golden Fri, 11/20/2020 – 01:45 In the words of President-elect Joe Biden, America is facing four historic colliding crises: the economy; a pandemic; systemic racism; and climate chaos.  These aren’t four separate asteroids all coincidentally headed our way at once. They’re intertwined and part of the same challenges; they’re the consequence of decades of actions and inactions that are boiling over and activating one another. It stands to reason that we couldn’t silo solutions.  Perversely, it is possible that economic crises will be the catalyst we need to address climate change. That’s because the problems have the same solution: the rapid deployment of clean technologies across the economy.  COVID, the economy and emissions As the world pressed pause this spring in an attempt to flatten the coronavirus curve, our emissions curve flattened, too. We conducted a science experiment on a historic scale: What happens to emissions when everyone (or a large majority of people) stands still?  As the year rounds to a close, the results are becoming clear: We’re on track to reduce carbon emissions from energy by 8 percent.  While significant, I am surprised that the emission reductions are so small. It reflects the limits of individual action; even if we all do everything we can, the built-in emissions to our economy still will bust our carbon budget. America is at its best — most collaborative, innovative and productive — when we have a shared enemy and objective. More distressing is the projection of emissions as our economy recovers. According to Bloomberg New Energy Finance’s New Energy Outlook , carbon emissions are set to rise through 2027, then decline 0.7 percent per year through 2050. That would put the world on track for 3.3 degrees Celsius of warming.  In order to have a chance at 2 C warming, emissions would need to decrease 10 times faster. If we’re striving for 1.5 C warming (and we are), emissions will need to drop fourteenfold faster.  We can rebuild the economy without ramping up emissions Historically, emissions and the economy are closely related. It makes sense; when people have more money, they tend to use more energy, travel more, buy more things. Likewise, the only three times emissions fell between 1975 and 2015 were during the recessions of the 1980s, 1992 and 2009. And when the economy rebounded, so did emissions .  Climate skeptics have weaponized this correlation to frame the economy and the environment as trade-offs.  But thanks to clean energy, this relationship is no longer true. In 2016, the International Energy Agency confirmed that emissions and economic growth have decoupled. For the first time in more than 40 years, global GDP grew in 2014 and 2015 — but emissions didn’t.  That’s great news for this moment; the work we need to do to decarbonize is the same work that can pull us out of a global recession. Building a new type of future  The concept of a Green New Deal predates the COVID crises. Yet the harkening to the New Deal, the massive federal effort to pull America out of the depths of the Great Depression, feels prescient as we reckon with the worst economy in a century.  And it may be the urgency to address the faltering economy that spurs the necessary policy alignment to reach true decarbonization.  The numbers are there. Columbia’s Center on Global Energy Policy released a report in September making the case for investment in clean energy R&D to create jobs and boost the economy, and Bill Gates’ Breakthrough Energy commissioned a report to analyze the spillover economic gains from such an investment. Saul Griffith’s new organization, Rewiring America , shows how decarbonizing the economy would require around 25 million jobs in the U.S.  While the New Deal did wonders for the economy, it arguably had elements that lacked a strategic lens. Case in point: The Bureau of Reclamation damming every river it could in the west, regardless whether it was justified. Imagine what would be possible with a New Deal that has a guiding principle: rapid decarbonization.  America is at its best — most collaborative, innovative and productive — when we have a shared enemy and objective. Climate change, for reasons I don’t understand, proves to be a difficult unifier. But the economy — now that’s something Americans can get behind.  This essay first appeared in GreenBiz’s newsletter Energy Weekly, running Thursdays. Subscribe here . Pull Quote America is at its best — most collaborative, innovative and productive — when we have a shared enemy and objective. Topics Energy & Climate Racial Issues COVID-19 Clean Economy Featured Column Power Points Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 0 Sponsored Article Off

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Converging crises call for converging solutions

Episode 245: How President-elect Joe Biden could help U.S. farmers

November 13, 2020 by  
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Episode 245: How President-elect Joe Biden could help U.S. farmers Heather Clancy Fri, 11/13/2020 – 02:00 Week in Review Stories discussed this week (6:25). Linking S with E in the renewable energy sector How tenants continue to press for greener commercial buildings, despite COVID-19 7 ways to bridge the blue finance gap to protect the oceans Features How companies can engage authentically with communities (18:20)   Highlights from our VERGE 20 mainstage conversation with environmental justice leaders Rahwa Ghirmatzion, executive director of People United for Sustainable Housing (PUSH), and Elizabeth Yeampierre, executive director of UPROSE. There’s no one formula, but it starts with being transparent and willing to listen. How President-elect Joe Biden could support regenerative agriculture, Black farmers (24:45)   What would those focused on sustainable food systems like the incoming administration to prioritize? For a start, the U.S. Department of Agriculture could use existing funding and programs to encourage soil health. Plus, let’s see better support for the Black farming community. GreenBiz Food Analyst Jim Giles weighs in with suggestions.   *Music in this episode by Lee Rosevere: “Curiosity,” “I’m Going for a Coffee,” “Here’s the Thing,” “Waiting for the Moment That Never Comes” and “Knowing the Truth” *This episode was sponsored by Shell Resources galore Behavior change and the circular economy. How innovation and new business models alter people’s relationship with waste. Join the discussion at 8 p.m. EST Nov. 12.  Missing pieces of decarbonization. Join us for a discussion on how 100 percent renewable power can practically, affordably and quickly become a reality. Register for this webcast at 1 p.m. EST Nov. 19. Do we have a newsletter for you! We produce six weekly newsletters: GreenBuzz by Executive Editor Joel Makower (Monday); Transport Weekly by Senior Writer and Analyst Katie Fehrenbacher (Tuesday); VERGE Weekly by Executive Director Shana Rappaport and Editorial Director Heather Clancy (Wednesday); Energy Weekly by Senior Energy Analyst Sarah Golden (Thursday); Food Weekly by Carbon and Food Analyst Jim Giles (Thursday); and Circular Weekly by Director and Senior Analyst Lauren Phipps (Friday). You must subscribe to each newsletter in order to receive it. Please visit this page to choose which you want to receive. The GreenBiz Intelligence Panel is the survey body we poll regularly throughout the year on key trends and developments in sustainability. To become part of the panel, click here . Enrolling is free and should take two minutes. Stay connected To make sure you don’t miss the newest episodes of GreenBiz 350, subscribe on iTunes . Have a question or suggestion for a future segment? E-mail us at 350@greenbiz.com . Contributors Joel Makower Jim Giles Topics Podcast Policy & Politics VERGE 20 Collective Insight GreenBiz 350 Podcast Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 35:11 Sponsored Article Off GreenBiz Close Authorship

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Episode 245: How President-elect Joe Biden could help U.S. farmers

BP, Shell, oil giants fund research into mobile carbon capture from ships at sea

October 26, 2020 by  
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BP, Shell, oil giants fund research into mobile carbon capture from ships at sea Michael Holder Mon, 10/26/2020 – 00:05 A coalition of oil and gas majors are eyeing up the potential to capture carbon dioxide emissions from ships out at sea, teaming up with global tanker owner and operator Stena Bulk to evaluate the feasibility of technology they claim could play a key role in decarbonizing the hard-to-abate sector. The Oil and Gas Climate Initiative (OGCI) — which represents 12 of the world’s largest oil and gas companies including BP, Shell, Exxon, Chevron, Aramco and Petrobras — revealed recently it is funding research alongside Stena Bulk into mobile carbon capture on board ships out at sea. The project aims to evaluate the technical and economic challenges involved in capturing CO2 from ships cruising the oceans, and is in part an extension to OGCI member Saudi Aramco’s research which it claims has successfully demonstrated carbon capture on board heavy-duty trucks on roads, it said. “Carbon capture will play an important role in reducing overall greenhouse gas emissions, but there’s no reason it needs to be limited to stationary applications,” said Michael Traver, head of OGCI’s transport workstream. “Expanding carbon capture to long-distance marine shipping could help accelerate its use, while addressing a difficult to abate sector of the transport industry.” Expanding carbon capture to long-distance marine shipping could help accelerate its use. OGCI claims mobile carbon capture technologies aboard ships could help the global shipping sector reach its current climate target to cut emissions by 50 percent by 2050, from a 2008 baseline — a goal that has faced criticism from green groups for lacking ambition. The research itself is also likely to provoke renewed criticism of the OCGI’s priorities, given it focuses on CCS technologies that would in effect prolong the use of fossil fuels to power ships, rather than on alternative, low or zero carbon shipping fuels that could transition the sector away from fossil fuels altogether. But Stena Bulk President and CEO Erik Hånell argued it was “increasingly evident that we need to evaluate as many potential solutions as possible that might help decarbonize the industry.” “Carbon capture might be such a solution with the potential to play a key role in this transition, and this feasibility study presents a unique opportunity for us to work with some of our key customers to understand and assess the technical and economic challenges involved in making carbon capture work onboard vessels,” he said. The global shipping sector is responsible for around 2.5 percent of global greenhouse gas emissions, and has received flak over its failure to come up with a detailed, ambitious plan to decarbonize in line with the goals of the Paris Agreement. The global shipping sector is responsible for around 2.5 percent of global greenhouse gas emissions. In 2018 the International Maritime Organization (IMO) — the UN-affiliated body which oversees the global shipping sector — agreed on a draft target to cut global emissions by at least 50 percent by 2050 compared to 2008, alongside targets to cut the average carbon intensity by at least 40 percent by 2030. However, details of the strategy have yet to be fully thrashed out, and crunch negotiations over how the industry should go about meeting its near-term 2030 climate goals are set to kick off today at the IMO, amid concerns from green groups that current proposals amount to an “empty shell. ” Meanwhile, the OGCI today announced that its members collectively have reduced the cut their absolute upstream methane emissions by 22 percent since 2017, shrinking the methane intensity of members’ upstream oil and gas to operations to 0.23 percent. It surpasses its target to cut methane intensity to 0.25 percent by 2020, and as such the OGCI has set a stricter goal of 0.2 percent by 2025. Moreover, the group claims to have cut its carbon intensity by 7 percent collectively since 2017, as it pushes towards its target for a 13 percent cut.  However, carbon intensity targets have faced increasing criticism from green groups, as organizations potentially can still increase their overall emissions by expanding their business while reducing the CO2 intensity of their operations.  Pull Quote Expanding carbon capture to long-distance marine shipping could help accelerate its use. The global shipping sector is responsible for around 2.5 percent of global greenhouse gas emissions. Topics Oil & Gas Carbon Removal Shipping & Logistics BusinessGreen Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 0 Sponsored Article Off Stena Conqueror is a Oil and Chemical Tanker, built by Swedish tanker giant Stena Bulk. The company is participating in a novel carbon capture project for shipping. Flickr royvanwijk Close Authorship

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Episode 241: Thinking long-term with three sustainability think tanks

October 16, 2020 by  
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Episode 241: Thinking long-term with three sustainability think tanks Heather Clancy Fri, 10/16/2020 – 02:00 Week in Review Stories discussed this week (4:08). A plan for “Lithium Valley” begins to take shape Grocery retailers will feel the sting of pollinator declines Are lawyers and accountants doing enough on climate change? Features Building the B Corp movement (16:40)   While some large multinationals including Danone and Natura have embraced the B Corp certification, others have been slower to move. That was a catalyst for the new B Movement Builders initiative, launched in September. Marcelo Behar, vice president for sustainability and group affairs for Natura & Co., chats about why his organization became a mentor. ERM wants to help institutionalize sustainability (26:44) This week, global consultancy ERM launched the SustainAbility Insitute, created to define, institutionalize and scale sustainability performance. Keryn James, ERM’s group chief executive, and Mark Lee, head of the new organization, drop by to chat about the mission.  Can we use disruption to create true transformation? (35:20) The past month has seen the publication of dozens of reports highlighting paths to action for corporate sustainability as the world looks forward to life after the COVID-19 pandemic. This week, the Forum for the Future added to that body of work with its map of the multiple pathways ahead of us, “From System Shock to System Change — Time to Transform.” We spoke with the forum’s CEO, Sally Uren, about what’s ahead, and why decisions of the next six to 18 months are critical. A collaborative approach to “Drawdown” (44:45) This week also marks the launch of Drawdown Labs, formed to help companies test how to use their resources, partners, employees and customers to reduce carbon emissions, not just avoid it. Some early participants: Allbirds; Google; Grove Collaborative; IDEO; Impossible Foods; Intuit; Lime; and Trane Technologies. Jaime Alexander, director of Drawdown Labs, weighs in on how they’re leading.  *Music in this episode by Lee Rosevere: “Curiosity,” “Keeping Stuff Together,” “Night Caves,” “How I Used to See the Stars,” “Southside,” “As I Was Saying” and “Sad Marimba Planet”  *This episode was sponsored by IHG Resources galore Lessons in resilience from the produce industry. Subject matter experts from Kwik Lok, Walmart and Second Harvest Food Bank join us at 1 p.m. EST Nov. 10 to discuss responding to disruption and how to balance food safety and security to minimize food waste. Do we have a newsletter for you! We produce six weekly newsletters: GreenBuzz by Executive Editor Joel Makower (Monday); Transport Weekly by Senior Writer and Analyst Katie Fehrenbacher (Tuesday); VERGE Weekly by Executive Director Shana Rappaport and Editorial Director Heather Clancy (Wednesday); Energy Weekly by Senior Energy Analyst Sarah Golden (Thursday); Food Weekly by Carbon and Food Analyst Jim Giles (Thursday); and Circular Weekly by Director and Senior Analyst Lauren Phipps (Friday). You must subscribe to each newsletter in order to receive it. Please visit this page to choose which you want to receive. The GreenBiz Intelligence Panel is the survey body we poll regularly throughout the year on key trends and developments in sustainability. To become part of the panel, click here . Enrolling is free and should take two minutes. Stay connected To make sure you don’t miss the newest episodes of GreenBiz 350, subscribe on iTunes . Have a question or suggestion for a future segment? E-mail us at 350@greenbiz.com . Contributors Joel Makower Topics Podcast Corporate Strategy Collective Insight GreenBiz 350 Podcast Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 54:12 Sponsored Article Off GreenBiz Close Authorship

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Episode 241: Thinking long-term with three sustainability think tanks

Episode 240: Ceres points the way, Beautycounter’s mica makeover

October 9, 2020 by  
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Episode 240: Ceres points the way, Beautycounter’s mica makeover Heather Clancy Fri, 10/09/2020 – 02:00 Week in Review Stories discussed this week (4:20). SEC rule change stifles key risk signal, disenfranchises retail investors Why Kroger and Publix are bringing the farm to the grocery store Demand for voluntary carbon offsets holds strong Features All the glitters: Beautycounter and the mica supply chain (17:30)   Outakes from the reporting behind Joel Makower’s two-part series about the mica supply chain and retailer Beautycounter’s work to address the sector’s big child labor problem. You can read both stories here and here . A corporate climate action plan, Ceres style (30:55) We chat with Kristen Lang, senior director of the Ceres Corporate Networks about the new Corporate Roadmap 2030 , a blueprint for strategy, policy action and systems change. *Music in this episode by Lee Rosevere: “Curiosity,” “Waiting for the Moment That Never Comes,” “Knowing the Truth,” “As I Was Saying” and “Southside” *This episode was sponsored by Amazon and WestRock Resources galore Innovation in textiles. The global fashion industry is looking toward innovative materials and strategies. Learn more about what’s possible in this interactive discussion at 1 p.m. EDT Oct. 13. The social side of energy procurement. How to add considerations for equity and biodiversity into renewables procurement? Join the discussion at 1 p.m. EDT Oct. 15. Do we have a newsletter for you! We produce six weekly newsletters: GreenBuzz by Executive Editor Joel Makower (Monday); Transport Weekly by Senior Writer and Analyst Katie Fehrenbacher (Tuesday); VERGE Weekly by Executive Director Shana Rappaport and Editorial Director Heather Clancy (Wednesday); Energy Weekly by Senior Energy Analyst Sarah Golden (Thursday); Food Weekly by Carbon and Food Analyst Jim Giles (Thursday); and Circular Weekly by Director and Senior Analyst Lauren Phipps (Friday). You must subscribe to each newsletter in order to receive it. Please visit this page to choose which you want to receive. The GreenBiz Intelligence Panel is the survey body we poll regularly throughout the year on key trends and developments in sustainability. To become part of the panel, click here . Enrolling is free and should take two minutes. Stay connected To make sure you don’t miss the newest episodes of GreenBiz 350, subscribe on iTunes . Have a question or suggestion for a future segment? E-mail us at 350@greenbiz.com . Contributors Joel Makower Topics Supply Chain Podcast Corporate Strategy Mining Collective Insight GreenBiz 350 Podcast Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 44:41 Sponsored Article Off GreenBiz Close Authorship

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Episode 240: Ceres points the way, Beautycounter’s mica makeover

Episode 239: Wildfires and resilience, California’s car ban

October 2, 2020 by  
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Episode 239: Wildfires and resilience, California’s car ban Heather Clancy Fri, 10/02/2020 – 02:00 Week in Review Stories discussed this week (5:15). 5 things to know about California’s gas car sales ban Cities should track emissions from the goods they import Missing ingredients: How to accelerate the meat alternatives revolution Features Riffing on transportation trends (11:30)   What’s the buzz in the work of fleet management? HIghlights from last week’s transportation and mobility track at Climate Week, selected by GreenBiz analyst Katie Fehrenbacher, with insights from IKEA CSO Pia Heidenmark Cook and BT Group Chief Digital Impact and Sustainability Officer Andy Wales.  The new world of wildfire management (17:15) In September, the Almeda Fire ripped through the Rogue Valley in Oregon, decimating two towns: Talent and Phoenix. This was not an ordinary wildfire, nor could it have been prevented by traditional forestry management. GreenBiz analyst Sarah Golden speaks with state senator Jeff Golden (her father) about the climate change influence and what’s next for improving resilience.  *Music in this episode by Lee Rosevere: “Curiosity,” “More on That Later,” “Night Caves,” “I’m Going for a Coffee” and “Here’s the Thing” *This episode was sponsored by Amazon and MCE Resources galore Partnerships for packaging . How working together advances low-cost, circular solutions. Register for the webcast at 1 p.m. Oct. 6.  Innovation in textiles. The global fashion industry is looking toward innovative materials and strategies. Learn more about what’s possible in this interactive discussion at 1 p.m. EDT Oct. 13. Do we have a newsletter for you! We produce six weekly newsletters: GreenBuzz by Executive Editor Joel Makower (Monday); Transport Weekly by Senior Writer and Analyst Katie Fehrenbacher (Tuesday); VERGE Weekly by Executive Director Shana Rappaport and Editorial Director Heather Clancy (Wednesday); Energy Weekly by Senior Energy Analyst Sarah Golden (Thursday); Food Weekly by Carbon and Food Analyst Jim Giles (Thursday); and Circular Weekly by Director and Senior Analyst Lauren Phipps (Friday). You must subscribe to each newsletter in order to receive it. Please visit this page to choose which you want to receive. The GreenBiz Intelligence Panel is the survey body we poll regularly throughout the year on key trends and developments in sustainability. To become part of the panel, click here . Enrolling is free and should take two minutes. Stay connected To make sure you don’t miss the newest episodes of GreenBiz 350, subscribe on iTunes . Have a question or suggestion for a future segment? E-mail us at 350@greenbiz.com . Contributors Katie Fehrenbacher Sarah Golden Topics Energy & Climate Podcast Transportation & Mobility Electric Vehicles Zero Emissions Resilience Collective Insight GreenBiz 350 Podcast Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 31:23 Sponsored Article Off GreenBiz Close Authorship

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Episode 239: Wildfires and resilience, California’s car ban

Episode 235: The value of informal waste collectors, reusable packaging prevails

September 4, 2020 by  
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Episode 235: The value of informal waste collectors, reusable packaging prevails Heather Clancy Fri, 09/04/2020 – 02:00 Week in Review Stories discussed this week (4:08). It’s time to value waste collectors for their pivotal role in the plastic supply chain What does “climate risk” actually mean ? 7 tips for companies developing reusable packaging Features Mainstage highlights from Circularity 20 (15:30) Last week, GreenBiz hosted Circularity 20, the largest North American conference focused on circular economy issues. We’ll be posting videos for many sessions in mid-September. Meanwhile, here are highlights from five mainstage speakers.  Circularity and equity in cities:  Mark Chambers, director of the mayor’s office of sustainability for New York, and Jose Manuel Moller Dominguez, founder and CEO of Algramo, comment on how brands can participate in motivating systemic change. The human dimension of waste collection: Bharati Chaturvedi, founder and director of the Chintan Environmental Research and Action Group in India, and Kieran Smith, co-founder and CEO of Mr. Green Africa, discuss why informal collectors of plastics and recyclables should embrace within formal supply chains — and how to do it. Creative disruption:  Design thinker TIm Brown, chair of IDEA, discusses the two major models that catalyze systems change. Thoughts on leadership (25:37) Trista Bridges and Donald Eubank, co-founders and principals of consultancy Read the Air, chat about their new book, “Leading Sustainably: The Path to Sustainable Business and how the SDGs Change Everything.” You can read an excerpt here .  The state of composting (37:38) What is so much food still sent to landfills when it could be used for energy or to fertilize crops? Nora Goldstein, editor of Biocycle, chats about the U.S. composting infrastructure.  *Music in this episode by Lee Rosevere: “As I Was Saying,” “Southside,” “And So Then,” “Here’s the Thing,” “Curiosity” and “More On That Later” *This episode was sponsored by Amazon Resources galore Greentech on the red sea. How do we innovate our way out of the climate crisis? Three professors from Saudi Arabia’s King Abdullah University of Science and Technology discussing promising solutions in energy and water. Join the webcast at 1 p.m. EDT Sept. 8. Today’s carbon-negative fuel. Exploring the potential for fleet emissions reductions through renewable natural gas. Register here for the discussion at 1 p.m. EDT Sept. 10. ESG values and a sustainable future.  Why placing environment, social and governance principles at the center of COVID-19 recovery places makes sense for resilience and the bottom line. Sign up for the interactive session at 1 p.m. EDT Sept. 15. Action plus ambition. How leading companies, including Microsoft, approach audacious sustainability goals. Register for the discussion at 1 p.m. EDT Sept. 17.  Safety and performance in recycled plastics. UL and HP Inc. share strategies and insights in this conversation at 1 p.m. EDT Sept. 22. Inside The Climate Pledge. Senior executives from Amazon, Global Optimism and Verizon share insights on why collaborative corporate action on the climate crisis is more critical than ever. Join us during Climate Week at noon EDT Sept. 24. Clean air in California?  It’s easier than you think. Hear from the California Air Resources Board, the city of Oakland and Neste in this session at 1 p.m. EDT Oct. 1. State of the Profession. Our sixth report examining the evolving role of corporate sustainability leaders. Download it here . The State of Green Business 2020. Our 13th annual analysis of key metrics and trends published here . Do we have a newsletter for you! We produce six weekly newsletters: GreenBuzz by Executive Editor Joel Makower (Monday); Transport Weekly by Senior Writer and Analyst Katie Fehrenbacher (Tuesday); VERGE Weekly by Executive Director Shana Rappaport and Editorial Director Heather Clancy (Wednesday); Energy Weekly by Senior Energy Analyst Sarah Golden (Thursday); Food Weekly by Carbon and Food Analyst Jim Giles (Thursday); and Circular Weekly by Director and Senior Analyst Lauren Phipps (Friday). You must subscribe to each newsletter in order to receive it. Please visit this page to choose which you want to receive. The GreenBiz Intelligence Panel is the survey body we poll regularly throughout the year on key trends and developments in sustainability. To become part of the panel, click here . Enrolling is free and should take two minutes. Stay connected To make sure you don’t miss the newest episodes of GreenBiz 350, subscribe on iTunes . Have a question or suggestion for a future segment? E-mail us at 350@greenbiz.com . Contributors Joel Makower Jim Giles Deonna Anderson Topics Podcast Circular Economy Corporate Strategy Circularity 20 Risk Finance Collective Insight GreenBiz 350 Podcast Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 46:31 Sponsored Article Off GreenBiz Close Authorship

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Episode 235: The value of informal waste collectors, reusable packaging prevails

Financial models that will get you that on-site microgrid

September 4, 2020 by  
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Financial models that will get you that on-site microgrid Sarah Golden Fri, 09/04/2020 – 01:30 I’ve written about my high hopes for microgrids and my disappointment at the speed of deployment (due in part to COVID-related slowdowns that stalled construction).  But don’t be confused. Like a swimming duck, a lot has been happening with microgrids under the surface. New third-party financing options for microgrids in which the energy offtaker does not own or maintain the asset — known as energy-as-a-service (EaaS) or microgrids-as-a-service (MaaS) — are making microgrids accessible to small businesses with small energy loads, according to a new report from Wood Mackenzie . While not a new structure (EaaS has been around for the better part of a decade), the research shows the market is maturing. Increasingly, financers are investing in small-scale microgrids that are less than 5 megawatts, a size better suited for on-site power generation for, say, medium to large commercial buildings or a mid-sized industrial facility.  This is kind of a big deal, as financial innovations are as important as technological innovations for clean energy technologies to proliferate. Solar is the classic example; it took off once people could get it without upfront costs.  Here are three forces that, together, finally could get you that microgrid you’ve been eyeing.  1. Microgrid portfolios are opening up new financing models Once upon a time, microgrids were bespoke and built on a project-by-project basis. That required legwork by financers to assess the technology risk and business models, which only made sense if the projects were bigger — say, 10-20 MW minimum.  Increasingly, microgrid service providers are selling a portfolio of microgrids — that is, deploying multiple microgrids with similar (if not identical) components at different locations. The homogenization of the microgrid technologies allows investors to streamline due diligence and finance the portfolio in aggregate. Examples include projects at Stop & Shop , which recently announced it will install microgrids at 40 of its grocery stores in Massachusetts using Bloom Energy fuel cells, and H-E-B , which plans to install microgrids at 45 locations in Texas through Enchanted Rock . We’re seeing customers learning what microgrids can do for them fundamentally. “The financer is basically betting that that set of controls and that technology is the same or similar across the portfolio, so they’re able to quantify and manage technology risk,” said Isaac Maze-Rothstein, microgrid analyst at Wood Mackenzie and author of the report, in a phone conversation. Just as beneficial to financers, providers can replicate their microgrid-as-a-service business model for different customers, as Enchanted Rock has done in Texas.  “For the financer, they’re evaluating a single business model across a portfolio of diverse customers,” Maze Rothstein said.  2. Standardization is driving down costs — and increasing investors’ appetite The predictability of the microgrid technologies in a portfolio makes them cheaper to site and install. While bespoke microgrids required on-site construction, the modular microgrids are essentially prefab, ready to be installed when they arrive on site.  As a result, the distributed energy resources (be they renewable, energy storage or fossil-based) are becoming the lion’s share of the capital costs for microgrids. The cost of renewable technologies has fallen precipitously in the last decade and is expected to get cheaper.  The aggregated portfolio of microgrids and lower costs are piquing investors’ interest — and not just the usual suspects, such as utilities.  “You also have infrastructure investors who have historically focused on oil and gas and midstream investments who are looking for above-market returns with the reliability of an infrastructure investment,” Maze-Rothstein said. Because the mass potential size of the new market (companies that want energy reliability, need less than 5 MW and don’t want to pay upfront costs), microgrid supermajors are partnering with investors to roll out projects. Earlier this month, for example, Schneider Electric announced a partnership with Huck Capital to serve commercial buildings. 3. Energy resilience is driving more customers to microgrid as a service model  No PR campaign could have better educated companies on the need for energy resilience than recent extreme weather events. From floods to hurricanes and wildfires, businesses are starting to understand the cost of inaction.  Enter MaaS, which promises resilience without upfront or ongoing costs, a much cheaper option than buying or renting backup generators or interrupting operations. In addition, on-site microgrids can save customers money on electric bills.  “We’re seeing customers learning what microgrids can do for them fundamentally,” Maze-Rothstein said. “Many people, if you’ve lived in California in particular and you’ve had regular power outages of various types, you start looking at resilience options.”  A study from Rocky Mountain Institute shows that businesses affected by last year’s planned power shutoffs in California would have saved money if they had bought solar plus storage outright. With microgrid-as-a-service, customers can get the resilience benefits and not even fork over the cash.  And as more companies hear about these financing options through press releases and news articles (hi!), the more common they will become.  This is in contrast to microgrids owned by the offtaker (such as utilities), which are more often driven by economics and renewable integration.  Pull Quote We’re seeing customers learning what microgrids can do for them fundamentally. Topics Energy & Climate Microgrids Featured Column Power Points Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 0 Sponsored Article Off An aerial view of an Enchanted Rock microgrid site. Courtesy of Enchanted Rock Close Authorship

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Clean energy and markets are the solution (not scapegoat) for California’s blackouts

September 4, 2020 by  
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Clean energy and markets are the solution (not scapegoat) for California’s blackouts Bryn Baker Fri, 09/04/2020 – 01:00 On Aug. 14 and 15, the California electric grid operator made the incredibly rare decision to proactively shut off parts of the electricity grid, resulting in limited rolling blackouts affecting businesses and homes throughout the state. Forced outages are a tool of last resort, employed in circumstances of incredible stress to the grid and done to protect against more widespread outages. Record heat for several days across parts of the state strained the power grid so much that it started rationing electricity, for the first time in almost 20 years. Notably, temperatures reached 130 degrees Fahrenheit in Death Valley — the hottest recorded temperature on the planet in more than a century.  While the immediate cause is still being investigated, we do know that California’s grid was experiencing multiple, coincident stressors — high demand, generators not performing when called upon and energy imports not showing up. Rather than thinking of these events as a one-off stroke of bad luck, consider that this soon might be the new normal. And not just in California. Climate change is driving more extreme weather events, including heat waves, everywhere, all while the grid faces increasing demand from electrification of cars, buses, businesses and homes. How should businesses and other large customers be thinking about the increasing strains from climate change with an evolving energy resource mix? Some have suggested clean energy is the scapegoat for the recent blackouts. However, not only was clean energy not the source of the problem , it’s the solution. Clean and renewable energy is core to charting a path forward.  Time to ditch fossil fuels-centric planning In the last 30 years, about one-third of coastal Southern California homes added air conditioners. Higher temperatures put more stress on traditional fossil-fired electric generators, reducing plant efficiency and output, and even caused them to temporarily shut down. In fact, the heat wave last month shuttered a 500 megawatt natural gas unit and a 750 MW gas unit was unexpectedly out of service Aug. 14. Outages of dispatchable fossil generation paired with reduced output from renewables, such as the 1,000 MW reduction in available wind power Aug. 15, resulted in an electric grid unable to meet customer demand. The grid of the future should prioritize flexibility and nimbleness, and greater deployment of resources such as batteries and larger demand response programs. California is actively shifting from a fossil-generation-dependent grid to a system that seeks to eliminate carbon emissions by 2045 — an essential step to combat climate change. Corporate customers, cities and governments are lining up behind ambitious clean energy and climate goals. Technological innovation and rapidly declining costs in renewables, storage and other clean energy resources are enabling California’s evolution to a 21st-century reliable , clean energy grid. The state is a leader in solar power, meeting much of the demand during the sunny hours of the day. However, the grid of the future should prioritize flexibility and nimbleness, and greater deployment of resources such as batteries and larger demand response programs.  Despite the finger-pointing and calls to move back toward natural gas, including from business groups , the recent experience in California shows that the energy transition shouldn’t be abandoned in the name of reliability Rather smart policy, planning and market designs are critical so that utilities and customers can improve reliability through accelerated deployment of these advanced clean resources as fossil generators retire.  Markets and regional cooperation: Bigger is better California’s electric system is operated by an independent nonprofit organization — the California Independent System Operator ( CAISO ) — that uses competition among power producers to identify the lowest-cost generators that can be used to reliably meet demand. While recent events have been compared to events we saw 20 years ago in California, flaws and fraud responsible then in California’s market design have since been corrected. This time around, the experience suggests that fully expanding wholesale electricity markets throughout the West will be a critical tool to reliably and cost-effectively meet demand in the face of climate change and the energy transition. California may be tempted to go faster alone, but it could get there more reliably and affordably with other Western states.  California’s grid imports electricity from out of state generators, and California’s utilities plan in advance for energy imports that are complemented by in-state generators to meet demand on the hottest days. CAISO does not control the number of imports, which were affected by the recent heat wave that extended beyond California. A wider, better coordinated western electricity system could have more nimbly responded to large generators tripping offline and would have cost consumers less by reducing spikes in power costs and the need for backup generators. A wider, better coordinated western electricity system could have more nimbly responded to large generators tripping offline and would have cost consumers less by reducing spikes in power costs and the need for backup generators. Efforts are underway to expand the CAISO market through the Western Energy Imbalance Market (EIM), which allows coordinated real-time operation amongst a number of utilities and already has brought $1 billion in customer benefits, although this is a fraction of the benefits of a full competitive wholesale market. The type of grid event that occurred in August would be best solved by a western regional transmission organization that optimizes electricity generation and demand throughout the West, rationally manages shared operating reserves and plans/promotes interconnected transmission infrastructure. This type of system will be critical to lowering costs to all customers and keeping the lights on, while meeting the clean energy commitments by customers and states. Even CAISO and the California Public Utilities Commission agree that market improvements may well be needed. California’s approach to ensuring enough generation on the system to meet demand on the hottest days is fractured, complex and undergoing revision. As we chart a path forward, we need to embrace creative solutions and use the tools that we know can work. Businesses require reliable, affordable electricity. A growing number of businesses also know that transitioning the grid to clean energy can save money while continuing to provide expected reliability. Embracing innovation and new technology is in California’s DNA; it also could get by with a little help from its friends. By stitching together the West’s electricity system, reliability and a clean energy transition can work in tandem, most affordably for all customers. REBA is organizing related sessions on clean energy markets during VERGE 20. View more information here .  Pull Quote The grid of the future should prioritize flexibility and nimbleness, and greater deployment of resources such as batteries and larger demand response programs. A wider, better coordinated western electricity system could have more nimbly responded to large generators tripping offline and would have cost consumers less by reducing spikes in power costs and the need for backup generators. Topics Energy & Climate Renewable Energy Utilities California Electricity Grid Featured in featured block (1 article with image touted on the front page or elsewhere) Off Duration 0 Sponsored Article Off

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Clean energy and markets are the solution (not scapegoat) for California’s blackouts

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