Climate Money

On today’s episode, we talk about climate change and the cost of food.  New work from researchers at the Potsdam Institute for Climate Impact Research and the European Central Bank is projecting that climate change will drive up food prices around the world by up to 3.2% [https://www.nature.com/articles/s43247-023-01173-x] per year by 2035.  Food will grow to take up a greater proportion of total household income because these price increases will outstrip overall climate-driven inflation. The impact will be disproportionately borne by people in sub-Saharan Africa, where many communities are already living with moderate to severe food insecurity. Today’s episode looks at exactly what these numbers mean for communities around the world, how it relates to markets, and how the actions of some larger players to mitigate food waste could contribute to a solution. Related links:  https://www.nature.com/articles/s43247-023-01173-x [https://www.nature.com/articles/s43247-023-01173-x] https://www.bloomberg.com/news/articles/2024-03-14/google-is-trying-to-reduce-its-food-waste-without-irritating-employees [https://www.bloomberg.com/news/articles/2024-03-14/google-is-trying-to-reduce-its-food-waste-without-irritating-employees] https://www.weforum.org/agenda/2021/03/global-food-waste-solutions/ [https://www.weforum.org/agenda/2021/03/global-food-waste-solutions/] https://www.bloomberg.com/news/articles/2024-02-29/rising-cocoa-prices-drive-mars-hersey-to-use-less-chocolate [https://www.bloomberg.com/news/articles/2024-02-29/rising-cocoa-prices-drive-mars-hersey-to-use-less-chocolate]  https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/?topicId=1afac93a-444e-4e05-99f3-53217721a8be#:~:text=Average%20annual%20food%2Dat%2Dhome,is%202.5%20percent%20per%20year [https://www.ers.usda.gov/data-products/ag-and-food-statistics-charting-the-essentials/food-prices-and-spending/?topicId=1afac93a-444e-4e05-99f3-53217721a8be#:~:text=Average%20annual%20food%2Dat%2Dhome,is%202.5%20percent%20per%20year]

Welcome to the Episode 9 of the Climate Money Podcast.  In this episode, we look at: * New research that shoes Direct Air Capture won’t be able to hit the magical $100/ton cost benchmark, and why this flies in the face of everything we’ve been told  * How a billion-dollar CO2 pipeline project is a secret force opposing EV adoption  * The blossoming frenemy-ship between Big Oil and Big Ag * And how all this underscores the wicked, systems problem of climate change As always I welcome your feedback and reflections.

Welcome to the Episode 8 of the Climate Money Podcast.  In this episode, we look at: * The EU’s newly revised Extended Producer Responsibility proposal, and how it’s taking on food waste and fast fashion.  * Why linear capitalism’s days could be numbered * The real numbers behind the climate wealth gap and what it means for builders and investors As always I welcome your feedback and reflections.

Welcome to the Episode 7 of the Climate Money Podcast.  In this episode, we look at: * Enel Energy’s $500M+ wind farm loss, and what it teaches us about energy history, tribal sovereignty, and knowing your audience  * Why culture, not money, is the tide that floats all boats — or sinks them, as we’ll see This is a particularly thorny issue so we’ve dedicated the entire episode to this topic. As always I welcome your feedback and reflections.    Links and resources related to this week’s episode: * Large Wind Turbine Facility in Oklahoma Ordered to be Dismantled https://www.instituteforenergyresearch.org/renewable/large-wind-turbine-facility-in-oklahoma-ordered-to-be-dismantled/ [https://www.instituteforenergyresearch.org/renewable/large-wind-turbine-facility-in-oklahoma-ordered-to-be-dismantled/]  * Enel faces huge bill to dismantle 84-turbine wind farm as US judge backs tribal nation https://www.rechargenews.com/wind/enel-faces-huge-bill-to-dismantle-84-turbine-wind-farm-as-us-judge-backs-tribal-nation/2-1-1577066 [https://www.rechargenews.com/wind/enel-faces-huge-bill-to-dismantle-84-turbine-wind-farm-as-us-judge-backs-tribal-nation/2-1-1577066]  * Federal Judge Sides With Osage Nation, Orders Removal Of 84 Wind Turbines https://robertbryce.substack.com/p/federal-judge-sides-with-osage-tribe [https://robertbryce.substack.com/p/federal-judge-sides-with-osage-tribe] (Warning: Robert Bryce’s work is controversial for its anti clean energy bias and funding from conservative think tanks, but this post presents details not available elsewhere.) * Osage Nation back in court in latest bid to rid mineral estate of wind farm https://www.kosu.org/energy-environment/2023-09-20/osage-nation-back-in-court-in-latest-bid-to-rid-mineral-estate-of-wind-farm [https://www.kosu.org/energy-environment/2023-09-20/osage-nation-back-in-court-in-latest-bid-to-rid-mineral-estate-of-wind-farm]  * The Real History Behind ‘Killers of the Flower Moon’ https://www.smithsonianmag.com/history/the-real-history-behind-killers-of-the-flower-moon-180983086/ [https://www.smithsonianmag.com/history/the-real-history-behind-killers-of-the-flower-moon-180983086/]  * OSAGE ARE RICHEST PEOPLE.; Greatest Per Capita Wealth in World Results From Oil Deal https://www.nytimes.com/1921/06/25/archives/osage-are-richest-people-greatest-per-capita-wealth-in-world.html [https://www.nytimes.com/1921/06/25/archives/osage-are-richest-people-greatest-per-capita-wealth-in-world.html]  * OSAGE LANDS & MINERALS - 1872 to TODAY https://osagenation.s3.amazonaws.com/B/B.5.a.Lands&Minerals1872-TodayFactSheet.pdf [https://osagenation.s3.amazonaws.com/B/B.5.a.Lands&Minerals1872-TodayFactSheet.pdf]  * There's a big climate cost to failing to recognize Indigenous sovereignty https://www.corporateknights.com/leadership/big-climate-cost-of-failing-to-recognize-indigenous-rights/ [https://www.corporateknights.com/leadership/big-climate-cost-of-failing-to-recognize-indigenous-rights/]  Norway to pay Sámi reindeer herders millions for violating their human rights https://grist.org/global-indigenous-affairs-desk/norway-to-pay-sami-reindeer-herders-millions-for-violating-their-human-rights/ [https://grist.org/global-indigenous-affairs-desk/norway-to-pay-sami-reindeer-herders-millions-for-violating-their-human-rights/]  * Osage Wind Farm, US — Power Technology market data https://www.power-technology.com/marketdata/osage-wind-farm-us/ [https://www.power-technology.com/marketdata/osage-wind-farm-us/]

Welcome to the Episode 6 of the Climate Money Podcast.  In this episode, we look at: * The European Commission’s new recommendation to cut emissions by 90% by 2040, and what Chinese labor has to do with it * The EU’s upcoming Parliamentary elections and how they could effect European Climate Money  * A revised look at Kenya’s carbon credits fee and how regulation can help markets, even if they impose costs  Links and resources related to this week’s episode: European Commission calls for 90% cut in EU emissions by 2040 https://www.carbonbrief.org/qa-european-commission-calls-for-90-cut-in-eu-emissions-by-2040/ [https://www.carbonbrief.org/qa-european-commission-calls-for-90-cut-in-eu-emissions-by-2040/]  EU rebuffs European solar industry’s plea for emergency help to fight cheap China imports https://www.scmp.com/news/china/article/3251047/eu-rebuffs-european-solar-industrys-plea-emergency-help-fight-cheap-china-imports [https://www.scmp.com/news/china/article/3251047/eu-rebuffs-european-solar-industrys-plea-emergency-help-fight-cheap-china-imports]  A sharp right turn: A forecast for the 2024 European Parliament elections https://ecfr.eu/publication/a-sharp-right-turn-a-forecast-for-the-2024-european-parliament-elections/ [https://ecfr.eu/publication/a-sharp-right-turn-a-forecast-for-the-2024-european-parliament-elections/]  European Union Greenhouse Gas Emissions 1990 - 2024 https://www.macrotrends.net/countries/EUU/european-union/ghg-greenhouse-gas-emissions [https://www.macrotrends.net/countries/EUU/european-union/ghg-greenhouse-gas-emissions]  A Dark Spot for the Solar Energy Industry: Forced Labor in Xinjiang https://www.csis.org/analysis/dark-spot-solar-energy-industry-forced-labor-xinjiang [https://www.csis.org/analysis/dark-spot-solar-energy-industry-forced-labor-xinjiang]  The Powering Past Coal Alliance https://poweringpastcoal.org/ [https://poweringpastcoal.org/]  ‘They’re drowning us in regulations’: how Europe’s furious farmers took on Brussels and won https://www.theguardian.com/environment/2024/feb/10/theyre-drowning-us-in-regulations-how-europes-furious-farmers-took-on-brussels-and-won [https://www.theguardian.com/environment/2024/feb/10/theyre-drowning-us-in-regulations-how-europes-furious-farmers-took-on-brussels-and-won]  China’s Carbon Emissions Are Set to Decline Years Earlier Than Expected https://kanebridgenews.com/chinas-carbon-emissions-are-set-to-decline-years-earlier-than-expected/ [https://kanebridgenews.com/chinas-carbon-emissions-are-set-to-decline-years-earlier-than-expected/]