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Zero: The Climate Race

How China left the world far behind in the battery race

Zero: The Climate Race

Bloomberg

Technology, Business, Science

4.7219 Ratings

🗓️ 20 November 2023

⏱️ 13 minutes

🧾️ Download transcript

Summary

By 2025, China’s battery production capacity will be three times as much as the rest of the world combined. Why was it able to take such a commanding lead? Listen to an extract from Akshat Rathi’s new book Climate Capitalism to find out. 

Read more:

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit bloomberg.com/green

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hi, I'm Olivia Rudgard, a reporter for Bloomberg Green. I'm currently working on a piece

0:05.7

about climate anxiety and I have a request for zero listeners. Climate change can cause stress, both

0:11.1

with people directly affected by it and for those concerned about its effects on others and

0:14.8

their future. If you're okay to share your experience of this, we would love to hear from you. Tell

0:20.3

us what makes you

0:21.0

worry, how your worries affect your life, and what helps you feel better. Take our short

0:25.3

survey. There's a link in the show notes. Thank you. Welcome to Zero. I'm Akshatrati. We now know

0:34.5

that this will be the hottest year ever recorded.

0:41.7

And we'll hit another high on greenhouse gas emissions.

0:47.8

The bad news is coming in thick and fast, which makes it easy to lose hope.

0:55.0

But that's why it's also important to recognize how much progress we have made despite many challenges.

0:59.0

That's the reason I wrote a book called Climate Capitalism. It tells the stories of solutions that are already working at scale around the world

1:05.0

and the challenges many people had to overcome to make them a reality.

1:10.0

My hope is that people will learn from those successes and deploy those solutions in other

1:15.3

places.

1:16.4

For this bonus episode of Zero, I'm going to read an extract from the book.

1:21.4

It's from chapter three titled The Winner.

1:24.7

It's also been published on Bloomberg.com.

1:27.7

The story charts the rise of the Chinese battery company C-A-T-L. It's a company you might never

1:33.5

have heard of, but over the last decade, it has grown to become the world's largest battery maker.

1:40.1

I hope you enjoy it, and if you'd like to read other stories of climate solutions in action,

1:45.0

you can order my book Climate Capitalism, which is out now. Thank you.

...

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