Zero: The Climate Race

Since the US and Israel launched their attacks on Iran on Feb. 28, global energy markets have been frenetic, prices swinging up and down with each new headline. Even with the prospect of the Strait of Hormuz reopening, prices of oil and gas have risen around the world, and we’re starting to see impacts on local economies, particularly in Asia. This week on Zero, Bloomberg opinion columnist David Fickling explains what those impacts are, and how they may reshape Asia’s energy systems for decades to come.  Explore further: Iran War: The LNG Shock Isn’t Driving Asia Back to Coal - Bloomberg Iran War: Expensive Oil Is EV Makers' Best Sales Pitch - Bloomberg Iran War: A Country Fueled by Subsidized Diesel Is Running Dry - Bloomberg Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

Will the Iran War finally be the moment where countries move to renewables en masse, or will they rely more heavily on fossil fuels? This week on Zero, Akshat Rathi is joined by Aurore Belfrage, a tech investor, geopolitical risk advisor, and sustainability strategist, to look at how the energy investment landscape is changing with a fresh war in the Middle East, and how climate tech is making countries more resilient.  Explore further: EU Weighs Ukraine Crisis Strategy to Calm High Energy Prices European Consumers Seek Out Solar, EVs as Energy Prices Surge Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

Here's Why is Bloomberg’s short explainer podcast, where we take one big news story and break it down in just a few minutes with help from our experts across the newsroom.We're dropping into your feed with a special episode featuring Akshat Rathi, who joined us to discuss why the Iran war is making a new argument for renewable energy.The war in the Middle East has roiled oil and gas markets. The unrest and price spikes are making countries look again at renewable energy like solar and wind — produced at home and insulated from external tensions. But experts warn that the picture is more complicated. Like what you hear? Subscribe to the Here’s Why podcast for more quick, expert-driven explainers available via the links below every Friday.  Apple Podcasts Spotify TuneIn Wherever you get your podcasts See omnystudio.com/listener for privacy information.

Zack Polanski is challenging the notion that you can’t be Green and a popular politician. Since he became the leader of the UK’s Green Party in September 2025, he has run a campaign that’s pushed his party ahead of the incumbent Labour Party and opposition Conservative Party in some polls. It’s a remarkable rise in a short span of time – how did he pull it off and what will he do if the Green Party gets into power? Find more: Watch this interview on YouTube Zack Polanski Is Making the Once-Fringe Greens a Political Force — Bloomberg Zero is a production of Bloomberg Green. This episode was produced by Oscar Boyd and Jessica Beck. The video version was edited by Meaghan Olsen. Our theme music is composed by Wonderly. Special thanks to the Bloomberg TV team, Isobel Finkel, Olivia Rudgard, Lucy White, Ellen Miligan, Sommer Saadi, Laura Millan and Sharon Chen. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

As the war with Iran drags out and oil prices remain turbulent, it raises the question of whether — and how — prolonged conflict in the Middle East might impact global fossil fuel dependence and the future of renewable energy. This week on Big Take podcast, Bloomberg reporter Todd Woody and Zero podcast host Akshat Rathi join Sarah Holder to discuss early signs that the high cost of oil is reigniting consumer interest in electronic vehicles and other clean energy technologies, and how companies and countries are beginning to respond.  Explore more: Surging Gas Prices Reignite EV Interest What a $100-Per-Barrel Oil Spike Does to the Global Economy Zero Podcast: War with Iran is a nightmare for oil and gas. What does it mean for clean energy? Hosted by Sarah Holder; Produced by Julia Press; Reported by Todd Woody and Akshat Rathi; Edited by Tracey Samuelson. Fact-checking by Eleanor Harrison-Dengate; Engineering by Alex Sugiura.Senior Producer: Naomi Shavin; Deputy Executive Producer: Julia Weaver. Executive Producer: Nicole Beemsterboer.See omnystudio.com/listener for privacy information.

The United Nations Intergovernmental Panel on Climate Change is responsible for collating our shared scientific understanding of how global warming is impacting the planet. But the body now faces a challenge after the US withdrew funding for its scientists to participate. Professor Jim Skea, who chairs the IPCC, joins Akshat Rathi on Zero to talk about the body’s future, whether the organisation can survive the US pullback, and what questions the next set of reports are going to answer.  Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Olivia Rudgard, Eric Roston, Sommer Saadi, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

In the latest episode of Zero’s Imagine series, Akshat Rathi is joined by Abi Daré, winner of the inaugural Climate Fiction Prize. Abi is the bestselling author of And So I Roar, which tells the story of the teenager Adunni as she confronts superstition, lack of education and the impacts of climate change on the rural communities of Nigeria. Abi joins Zero to talk about the role climate change plays in her storytelling, and how she has seen Nigeria adopt climate solutions as it develops rapidly. Explore further: Abi Daré’s website: https://abidareauthor.com/ The Climate Fiction Prize: https://climatefictionprize.co.uk/ Past episodes in the Imagine series:  Julia Wolfe on How Music can Inspire Climate Action George Saunders on Climate Guilt, AI and Critical Thinking Kim Stanley Robison on Abundance, Adequacy and Better Climate Futures Artist Monira Al Qadiri on the End of Oil Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

Many consider a widespread war in the Middle East the worst-case scenario for the global oil and gas markets. That war is here, and it could have wide-ranging, long-lasting impacts on energy and climate policy. This week on Zero, Akshat Rathi speaks with Jason Bordoff, director of the Center on Global Energy Policy at Columbia University and former energy and climate advisor to President Barack Obama to try to understand what those impacts could look like. Will countries double down on fossil fuels or will they speed up the clean-energy transition? Links and more:  For all of Bloomberg's coverage of Iran, visit: https://www.bloomberg.com/uk What the War With Iran Means for Renewable Energy Deployment  Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Eleanor Harrison-Dengate, Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.

Societal collapses happen more often than you think, and there’s much we can learn from the past to avoid or, at least, delay another one. This week’s guest on Zero is Luke Kemp, author of Goliath's Curse, which draws lessons from the rise and fall of societies over 5,000 years of human history. Akshat Rathi asks Luke whether our current moment — with climate change and AI — makes us uniquely vulnerable to societal collapse or more resilient than we might think. Explore further: Luke’s book, Goliath’s Curse  The MOROS database  Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.

Crypto has become increasingly integrated into the financial system, from the use of stablecoins for payments, to the trading of tokenized equities on blockchains, to the adoption of crypto holdings by corporate treasuries. We explore how PNC Bank, one of the first movers in this space, has been expanding access to crypto and the challenges it has had to overcome. This episode is sponsored by Coinbase.See omnystudio.com/listener for privacy information.

In 2024, Ethiopia did something revolutionary. It banned the import of fossil fuel cars and cut tariffs on electric vehicles. This week on Zero, Akshat Rathi talks with producer Oscar Boyd and Ethiopia-based EV entrepreneur Yuma Sasaki about the EV boom that ensued and what that tells us about the growth of EVs in rapidly developing countries like Ethiopia. Read more: Electric Vehicle Sales Boom as Ethiopia Bans Fossil-Fuel Car Imports Dodai's website: https://dodai.co  Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Fasika Tadesse, Sommer Saadi, Laura Millan, and Sharon Chen. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.

How can music be used to communicate the climate crisis and its solutions? This week on Zero, Akshat Rathi talks with Pulitzer Prize winning composer Julia Wolfe about her recent work, unEarth, which explores climate change and habitat loss through orchestra, voice and poetry. Wolfe discusses how she did her research, captured the clash between humanity and nature, and what the piece means at a time when her home country of the US seems to be moving ever further from climate action.  Listen to unEarth: If you'd like to listen to the full performance of Julia Wolfe’s unEarth, it will be broadcast on BBC Radio 3 on Thursday, 12 February at 7.30pm UK time, and will be available on BBC Sounds, at least for those here in the UK, for the next month.  Explore further: Julia Wolfe’s website: https://juliawolfemusic.com/ Past episodes in the Imagine series:  George Saunders on Climate Guilt, AI and Critical Thinking Kim Stanley Robison on Abundance, Adequacy and Better Climate Futures Artist Monira Al Qadiri on the End of Oil Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

Major economies around the world are grappling with electricity grids under stress from equipment bottlenecks and workforce shortages. What can be done to solve it? This week on Zero, Akshat Rathi talks with Manoj Sinha, CEO of Husk Power Systems, about distributed energy resources and their potential to bring electricity to where it is needed most — from energy-poor regions in the Global South, to energy-hungry data centres in rich countries. Bottlenecks series: Electricity Is Now Holding Back Growth Across the Global Economy AI-Driven Demand for Gas Turbines Risks a New Energy Crunch The Fix for Solar Power Blackouts Is Already Here There Aren’t Enough Engineers to Meet World’s Growing Hunger for Power The One Device Throttling the World’s Electrified Future Other related stories Renewables Are Cheap. Why Aren’t People Seeing Their Bills Fall? Biggest Mini-Grid Firm Seeks $400 Million, Plans Revenue Surge Q&A: Got a question for Akshat and the Bloomberg Green team that you'd like to hear answered on Zero? Email us at [email protected]  Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Marilen Martin Somer Saadi, Mohsis Andam, Laura Millan and Sharon Chen. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.

What is the best way to tell a climate story? This week on Zero, Akshat Rathi speaks with Booker Prize-winning novelist George Saunders. His new novel Vigil is an exploration of guilt, told on the deathbed of an oil executive haunted by ghosts. Rathi asks Saunders what he learned about climate change, his thoughts on whether AI complements or compromises human creativity, and why literature still matters in the era of TikTok. Explore further: In ‘Vigil,’ George Saunders Asks: Can An Oil CEO Repent? — Bloomberg The Great Derangement: Climate Change and the Unthinkable — Amitav Ghosh Other episodes in the Imagine series: Building Monuments to the End of Oil — Kuwaiti artist Monira Al Qadiri Abundance or Adequacy? Search for Better Climate Solutions — Sci-fi bestseller Kim Stanley Robinson Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Gautam Naik, Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.

Decarbonizing energy is just one part of the climate story. The other half is electrifying as much as possible. That is why electrification, not decarbonization, is likely going to be the most important climate story of 2026. Kingsmill Bond is a strategist at thinktank Ember and the author of a paper called the Electrotech Revolution. This week on Zero, Bond tells Akshat Rathi why he believes electrification is inevitable, and what happens to those that are left behind. Explore further: India Is Electrifying Faster Than China Using Cheap Green Tech Read Ember's Electric Revolution report. Read Ember's analysis of India's electrification. Read Bloomberg's Bottlenecks series. Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

For the last decade, since the Paris Agreement was signed, governments have been trying to nudge big financial players to move more money into climate solutions. The idea was to drive action through data disclosure and net-zero goals, but that hasn’t yielded the results they hoped for. Have we got our approach to climate finance wrong? Lisa Sachs, director of Columbia University’s Center on Sustainable Investment, makes the case this week on the Zero podcast.  Explore further: Mark Carney’s full Tragedy of the Horizon speech - Bank of England There’s a $10 Trillion Antidote to Trump’s Climate Backlash - Bloomberg  Best Coffee Substitute? We Gave "Beanless" Brands a Try - Bloomberg  Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Alastair Marsh, Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

President Donald Trump wants US companies to rebuild Venezuela's oil fields after the capture of Nicolas Maduro. This week on Zero, US Senator Sheldon Whitehouse joins Akshat Rathi to discuss why the US is acting like a petro bully, how countries can resist an increasingly aggressive Trump administration and why Democrats are making a mistake by shying away from talking about climate action. Read more: Venezuela’s New Leader Is the Oil Industry’s Long-Time Ally  Venezuela’s Rule by Fear Endures After Maduro Capture: Photos - Bloomberg Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Jennifer Dlouhy, Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

Kim Stanley Robinson’s life project has been imagining utopias. He’s a science-fiction writer best known in climate circles for writing Ministry For The Future, which depicts a future in which the world gets to grips with climate change following an extreme heat event that kills millions. Robinson joins Akshat Rathi this week on Zero to discuss how to create better futures and whether it’s right to pursue abundance.   Explore more of Kim Stanley Robinson on Zero: Kim Stanley Robinson imagines utopia in 2025 How a utopian sci-fi author writes toward a low-carbon future Other episode in the Imagine series: George Saunders goes inside the mind of a climate denier Monira Al Qadiri on building monuments to the end of oil Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

This episode was originally recorded in July 2025, and updated in December 2025. Happy Holidays from the Zero team.  When exactly China’s emissions peak will make a big difference to the fate of the planet. That moment has come, according to Lauri Myllyvirta, co-founder of the Centre for Research on Energy and Clean Air. A combination of factors – including a huge deployment of renewables and electrification of transport – has put China’s emissions into a structural decline. This week on Zero, Akshat Rathi asks Myllyvirta how confident he is that this really is a peak? What’s behind the decline in emissions? And how will the trade war with the US affect China’s climate and energy policies in the years to come? Explore further: Lauri's latest analysis for Carbon Brief. Global Carbon Budget analysis.   Analysis: Clean energy just put China’s CO2 emissions into reverse for first time - Carbon Brief China Set to Reach Peak Emissions Before 2030, Ex-Official Says - Bloomberg China’s Solar Industry Gathers as Gloom Deepens Over Demand — Bloomberg Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to: Jess Beck, Eleanor Harrison-Dengate, Sommer Saadi, Mohsis Andam and Siobhan Wagner. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

Despite endless financial difficulties, Argentina has seen a remarkable increase in clean energy over the past decade. It has gone from practically zero to almost 18% of its electricity sourced from renewables. In doing so, Argentina has overcome a challenge faced by many countries that are considered uninvestable by major financial institutions. Sebastian Kind, former undersecretary at the ministry of energy in Argentina, joins Akshat Rathi on Zero to tell the story of Argentina’s renewables blitz. Explore further: Sebastian’s organisation, RELP: https://www.relp.ngo/ Sebastian’s TED Talk: https://www.youtube.com/watch?v=ACC5KCPRt_U Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

When Canada elected Mark Carney as prime minister, there was hope that the country would pursue climate policies. That hope was crushed after Carney signed a deal with the oil-producing province of Alberta that will roll back or dilute green regulations.  As a result, Steven Guilbeault, Carney’s culture minister has resigned from cabinet. He was the environment minister under Justin Trudeau and responsible for many of the policies at risk. This week on Zero, Guilbeault tells Akshat Rathi why the Alberta deal was the last straw. Explore further: Carney Defector Says ‘No Way’ Canada Can Meet Climate Goals Now - Bloomberg Canadian Prime Minister Mark Carney Stands by His Climate Agenda - Bloomberg Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Danielle Bochove, Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green. See omnystudio.com/listener for privacy information.

In his new book Breakneck, tech analyst Dan Wang argues China’s engineering mindset has given it an edge in all sorts of domains, including climate technologies, while America’s lawyerly mindset is holding it back. This week on Zero, Wang tells Akshat Rathi what the world can learn from China and how the US could start to compete on green tech in the future.  This episode was recorded as part of the SOSV Climate Tech Summit. Explore further: Dan Wang’s book, Breakneck - Penguin China's Winning the Energy Exports Race - Bloomberg China’s Green Tech Firms Pour Billions Into Overseas Factories - Bloomberg Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.

Australia has suffered a major climate setback, losing its bid to host next year’s COP summit in Adelaide. At the same time, the Coalition has reignited Australia’s climate wars by abandoning its commitment to net zero emissions by 2050 – a reversal that resets the political debate just as the world pushes for faster decarbonisation. In this episode, Rebecca Jones asks Bloomberg’s David Stringer to unpack what the failed COP bid means for Australia’s international standing, how the Coalition’s shift could shape the next election and what renewed climate volatility means for investment, energy transition plans and ultimately your power bill. Find more from the Bloomberg Australia Podcast here: https://www.bloomberg.com/podcasts/series/bloomberg-australiaSee omnystudio.com/listener for privacy information.