4.7 • 219 Ratings
🗓️ 26 October 2023
⏱️ 36 minutes
🧾️ Download transcript
This week, the International Energy Agency published its flagship report: The World Energy Outlook. It's hundreds of pages long and makes some bold claims. It says in the year 2030, there will be 10 times as many electric cars on the road as today, 80% of all new power generation will be solar or wind, and demand for fossil fuels – coal, oil and gas – will have peaked.
The report is dominating climate news because what the IEA says makes a big difference to how governments tweak their energy policies. But how did an organization formed by a handful of countries in response to the 1973 oil crisis come to hold so much influence over our response to the climate crisis?
For the answer, this week we’re revisiting one of our favorite episodes: an interview with Fatih Birol, the head of the IEA. As we approach COP28, hosted by an oil power and led by the CEO of an oil company, it’s good to understand how international organizations can be successfully transformed in the face of climate change.
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Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks this week to Eric Roston, Kira Bindrim and Will Mathis. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.
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0:00.0 | Hi, it's Akshad. |
0:04.0 | This week, the International Energy Agency published its flagship report, the World Energy Outlook. |
0:10.0 | It's hundreds of pages long and makes some bold claims. |
0:14.0 | It says that in the year 2030, there will be 10 times as many electric cars on the road as today. |
0:20.0 | 80% of all new power generation will be solar or wind. |
0:23.6 | And demand for fossil fuels, that is coal, oil and gas, will have peaked. |
0:29.6 | The report is dominating climate news, because what the IEA says makes a big difference |
0:34.6 | to how governments tweak their energy policies. |
0:38.3 | But how did an organization formed by a handful of countries in response to the 1973 oil |
0:44.0 | crisis come to hold so much influence over our response to the climate crisis? |
0:50.2 | For the answer, this week we are revisiting one of our favorite episodes, an interview with |
0:55.1 | Fatibirol, the head of the IEA. As we approach COP28, hosted by an oil power and led by the CEO |
1:02.4 | of an oil company, it's good to understand how international organizations can be successfully |
1:07.8 | transformed in the face of climate change. This story of the IEA's transformation is just one of many I explore in detail in my book |
1:16.2 | Climate Capitalism. |
1:17.8 | I spoke with Fati in Paris in March about the IEA's changing priorities |
1:22.1 | and how it has cemented its role in the energy transition. |
1:26.2 | I hope you enjoy the conversation and we'll be back with a regular episode next week. |
1:34.6 | Welcome to Zero. I'm Akshattrati. This week, Dirty Data, directorial debuts, and depolarized debate. |
1:58.7 | When you think about Paris, you think about the smell of butter rafting from patissaries, |
2:02.1 | accordions playing outside the Louvre. And if you time it right, the occasional mass protest against pension reform. |
2:07.2 | When I think about Paris, I think about the brutalist concrete building next to the Eiffel Tower. |
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