Eight Minute Climate Fix

Eight Minute Climate Fix

By: Paul Schuster

Language: en-us

Categories: Business, Management, Science, Earth

Quick and concise, Eight Minute Climate Fix covers everything that's happening in climate action and the energy transition. We tackle the complexity of the changes happening in our world and make it easy, and quick, for anyone to understand.Our sister podcast, More Than Eight Minutes, includes the extended versions with our guests for anyone who wants to go a level deeper into these issues.

Episodes

Reflections on New York Climate Week - Episode 117
Oct 13, 2025

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How has the conversation changed, now that we're a few months into a new federal administration that has not proven very receptive to climate action? Paul attended New York Climate Week in late September with anxiety around how corporations and organizations were approaching the changing tenor of climate direction. His takeaway? Maybe things aren't as bad as they appear.

In this episode, Paul dissects the key takeaways from NYCW and looks forward to COP 30 in Brazil. Climate advocacy is changing...

Duration: 00:07:14
Trump's One Big Beautiful Bill and Its Impact on Clean Energy - Episode 116
Jul 14, 2025

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As Trump's signature economic legislation made it's way over the finish line two weeks ago, experts lined up to warn us of the impact the bill would have on clean energy, utility bills and even our competitiveness in the emerging AI landscape.

In today's episode, Paul provides a high level analysis of the bill's primary components affecting these areas and what the impact may actually be.

For more research:

One Big Beautiful Bill - White House<...

Duration: 00:08:11
The Proposed GHG Scope 2 Rule Changes - Episode 115
Jun 30, 2025

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The Greenhouse Gas Protocol is now in the decision phase on how to revise their widely accepted Scope 2 emissions accounting measures. The current set of accounting rules were first established in 2015 - but a lot has changed in the interim. Revisiting these rules to modernize them and promote true, physical decarbonization is important.

But there are a couple of proposed changes that have generated a LOT of controversy. In this episode, Paul unpacks the impact of hourly matching and deliverability...

Duration: 00:06:51
How the Massachusetts Community Climate Bank is Supporting Climate Action While Also Addressing Housing Affordability (Maggie Super Church - Mass Community Climate Bank) - Episode 114
Jun 23, 2025

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States have shifted to the forefront of climate leadership here in the US. And one of the tools that many of these States are employing to make it easier and less risky for individuals and companies to invest behind energy savings has been the Green Bank, a financial institution designed to overcome some of the barriers to financing climate action.

Massachusetts set up their Green Bank in a novel way, though. They embedded the institution inside of MassHousing and gave...

Duration: 00:07:13
Double Materiality and Upcoming Reporting Requirements - Episode 113
Feb 18, 2025

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Pending regulations are reshaping the sustainability reporting world, with the Corporate Sustainability Reporting Directive (CSRD) starting to require European companies to report this year.

Underpinning these reporting disclosures is something called a Double Materiality Assessment (DBA). In this episode, Paul digs into what is included in a DBA, how it differs from a company's current non-financial disclosures, and what companies should be doing to prepare for these reporting requirements. Even US based companies who may have to start reporting as...

Duration: 00:07:34
The Effect of Trump's Tariff War on Clean Energy - Episode 112
Feb 04, 2025

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Over this past weekend, the Trump Administration followed through on a campaign promise to issue tariffs on key trade partners of the US. Canada, Mexico and China all found themselves in the new administration's crosshairs.

In this episode, Paul discusses some of the reasons why these tariffs are going to affect both the fossil AND clean energy industries. And why Canada and Mexico quickly reached a negotiated bargain with the US while China looks to be digging in for a...

Duration: 00:08:30
Smart Cities - Episode 111
Jan 27, 2025

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Many large municipalities are using a combination of sensors, data management and analytical tools to dynamically manage the flow of people and cars within their borders. These Smart Cities are helping to not only improve the quality of life of residents - but are cutting down on vehicle idle time, greenhouse gas emissions, and other environmental issues.

In this episode, Paul provides some examples of how cities around the world are utilizing smart, digital technology to improve their operations...

Duration: 00:07:28
Wholesale Power Pricing Basics - Episode 110
Jan 07, 2025

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As more corporations are using Power Purchase Agreements (PPAs) or Virtual Power Purchase Agreements (VPPAs) to procure renewable energy, these contracts are exposing companies to the risks and variabilities of the wholesale power market.

In this episode, Paul zeroes in on how the pricing of power in wholesale markets works so that we can start to understand, and manage, those risks.

Follow Paul on LinkedIn.

Duration: 00:09:13
Reflecting on the Climate Activities of 2024 - Episode 109
Dec 31, 2024

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Paul wraps up 2024 with an episode looking back on the major trends and news stories from this past year. From good news stories such as the retirement of the UK's last coal facility to hard news such as the realization that we may have already passed our global 1.5 degree temperature target.

In any regard, review with us the progress that we've made over these past 12 months and set an ambition for what 2025 is going to look like!

Follow...

Duration: 00:08:05
What Companies are Doing to Address the Sustainability of Their Product Packaging - Episode 108
Dec 17, 2024

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As the holiday season descends upon us, the importance of sustainable packaging is never more important. In this episode, Paul discusses not only some of the ways that prominent companies are addressing how their are packaging and shipping their products - but also some of the prominent instances where regulators have cracked down on companies falsely claiming environmental benefits.

Packaging is an important part of a sustainable, circular economy.

For more research:

"Sustainability Trends - Quarterly...

Duration: 00:08:49
How Electricity Load Growth May Complicate the Energy Transition - Episode 107
Dec 10, 2024

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Since the 1990's, electricity demand has remained relatively flat despite the economic growth of the country. But as increased electrification and demand for new data centers intensifies, that demand for new power is changing. Utilities are having to adapt to market conditions that demand faster, more flexible additions of power capacity to the grid.

But changing existing utility processes and models is tougher than it looks. In this episode, Paul discusses how utilities may be underestimating the load growth in...

Duration: 00:06:59
The Changing Chemistry of Lithium Ion Batteries - Episode 106
Dec 02, 2024

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Lithium Ion batteries are the backbone of the EV revolution. And car manufacturers are constantly seeking new ways to remove cost and improve the range of these battery packs. Part of their solution has been to tweak the chemistry of these batteries - but added value in one area sometimes necessitates a trade off in another.

In this episode, Paul discusses the changing chemistry of lithium ion batteries in the EV market, the impact that this has on the economics...

Duration: 00:07:38
What's Next for Gas Distribution Companies? (Jan Rosenow - Regulatory Assistance Project) - Episode 105
Nov 25, 2024

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With millions of miles of gas distribution pipelines under our feet, the transition away from gas and toward electrification needs to account for that existing infrastructure somehow. And that comes with risks, not only to gas distribution companies but to their customers as well.

Understanding, anticipating and managing these risks is a vital part of a safe, equitable transition. To discuss this topic, Paul is joined by Jan Rosenow of Regulatory Assistance Project (RAP). They really dig into what is...

Duration: 00:08:52
Systems Thinking for the Energy Transition - Episode 104
Nov 18, 2024

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In this episode, Paul steps back from the individual technologies and business processes that are driving the energy transition, and looks at the interconnected systems that need to be reimagined as well. For some systems, this may be intuitive, such as in the need to develop the ecosystem of supporting infrastructure for EVs. But other interconnected, dependent systems are more nuanced and reflect the challenges policy makers, utilities, and regulators have to manage a transition that is occurring at a different pace...

Duration: 00:07:55
Sustainable Development Goals (SDGs) - Episode 103
Nov 11, 2024

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As the world launches into COP29 in Azerbaijan, this week, it may be useful for us to review some of the sustainability metrics that the world has agreed to as a foundation for peace, prosperity - and a world devoid of climate change.

There are 17 Sustainable Development Goals (or SDGs) in total, though not all of them deal with climate. The ones that do, though, provide us a bit of a report card on how we're doing, as a globe...

Duration: 00:08:08
Why Food Waste is Such a Big Climate Issue - Episode 102
Nov 04, 2024

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The United Nations estimates that we lose about one third of our global food supply every year to waste and loss. And that organic matter contributes about 10% of our global emissions each year.

Getting a hold on our food waste is a big issue and a huge opportunity, not only for climate action but also in economic terms. In this episode, Paul breaks down the different points in the food value chain where spoilage and waste occurs - and discusses...

Duration: 00:07:27
Debating the DOE Report on Pathways to New Advanced Nuclear - Episode 101
Oct 28, 2024

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The DOE recently released a report outlining a pathway for the US to meet recent pledges of tripling of domestic nuclear capacity by 2050. Nuclear needs to play a role in a clean energy economy, but the industry may be fooling itself in thinking that learning curve cost decreases will help to make these advanced nuclear reactors more economically viable.

In this episode, Paul discusses the challenges facing the nuclear industry in reducing costs, including the need to customize between facilities...

Duration: 00:08:18
An Agile Strategy for Climate Action - Episode 100
Oct 21, 2024

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Paul reflects a bit on having just completed the second year of hosting Eight Minutes, and takes a moment to indulge in how the process of developing climate strategy needs to change if we are to keep up with the rapid advances in climate industries. Long term strategic planning may need to be replaced by "agile" strategic processes.

For more research:

"CCUS Market Outlook 2023: Announced Capacity Soars by 50%" - Bloomberg New Energy Finance

Follow...

Duration: 00:08:40
How Climate Change is Intensifying the Ferocity of Hurricanes - Episode 99
Oct 14, 2024

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After the devastating impacts of Hurricanes Helene and Milton over the past few weeks, it's a good time to review the science on why (and how) warming sea temperatures are affecting the intensity of these mega storms. Big, intense tropical cyclones are a part of our future and we should understand why today's storms are so much more powerful than those of just a few decades ago.

For further research:

"Are hurricanes getting worse? Here’s what you ne...

Duration: 00:08:02
Understanding Your Utility Bill - Episode 98
Oct 07, 2024

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For all of the economic advantages being created by the energy transition, some of that value isn't being fully captured by consumers who don't fully understand their utility bill. As energy prices are rising and these bills are becoming more complex and obtuse, maybe now is a good time to review how utilities are charging for not only the power that they provide, but also the policies that their state regulatory commissions are encouraging.

For further reference:

"The...

Duration: 00:10:03
Geothermal vs Geothermal - Episode 97
Sep 30, 2024

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We sometimes use certain terms in the energy transition interchangeably - chief among them is "geothermal". In this episode, Paul discusses some of the different types of emerging technologies that get tagged with this moniker - and why and how these different systems have different use cases and applications. No, no one is suggesting drilling a hole to the earth's core in order to heat your building ... yet!

For further research:

"Geothermal Energy vs. Ground Source Heat Pumps...

Duration: 00:07:23
Project 2025 (Part 2) - Episode 96
Sep 23, 2024

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In this follow-up episode to last week's overview of Project 2025's climate related suggestions, Paul digs deeper into some other recommendations of the conservative roadmap, including its emphasis of national security as well as its animosity toward renewable energy projects. But Paul also highlights areas where compromise may be had, outlining a few discrete areas where Project 2025 brings up interesting points.

For further reference:

"Mandate for Leadership: The Conservative Promise" - Project 2025

"What Project 2025 would do...

Duration: 00:10:59
Project 2025 (Part 1) - Episode 95
Sep 16, 2024

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In this first of two parts, Paul takes a deeper dive into the climate implications of the conservative policy playbook, Project 2025. Paul unpacks how the document lays out a vision for a smaller federal government, and how doing so may impact not only climate action but America's leadership across emerging economic industries.

For further reference:

"Mandate for Leadership: The Conservative Promise" - Project 2025

"What Project 2025 would do to climate policy in the US" - Yale Climate...

Duration: 00:09:55
VPPs and Commercial Buildings as Grid Assets (Courtney Blodgett - Edo) - Episode 94
Sep 09, 2024

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The demand for electricity continues to go up. But instead of relying upon utilities to build more dirtier gas and oil fired power plants, a more novel approach is emerging. These Virtual Power Plants (VPPs) aggregate together a number of residential or commercial buildings and adjust demand in order to keep the grid operating optimally.

Paul talks with Courtney Blodgett, Co-Founder and Director of Strategy at Edo on how VPPs work and how Edo is helping commercial buildings become powerful...

Duration: 00:08:09
Tax Credit Transferability - Episode 93
Sep 02, 2024

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In order for the IRA to realize all of the benefits from the subsidies it allocated to renewable energy and advanced manufacturing, the legislation needed to revise how tax credits were going to work. The traditional form of tax equity financing wasn't going to be enough, so the IRA introduced something called tax credit transferability. This new process has opened up the tax credit market to a whole new batch of investors, able to invest in even smaller projects, and at rates...

Duration: 00:07:50
Ocean Based Carbon Removal Solutions - Episode 92
Aug 26, 2024

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The ocean is already a huge carbon sink - and it could do even more. A burgeoning industry of carbon removal solutions, looking to leverage the enormous potential of our marine system, is starting to emerge.

Paul looks at how our oceans currently help us combat carbon emissions, while also dissecting some of the innovative solutions that are emerging within this space.

For more research:

"CO2 and Ocean Acidification: Causes, Impacts, Solutions" - Union of Concerned...

Duration: 00:07:14
The Nuclear ADVANCE Act - Episode 91
Aug 19, 2024

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The nuclear industry achieved something remarkable in July - full bipartisan support of new legislation aimed at supercharging growth of this clean energy technology.

Paul digs into the specifics of the ADVANCE act, why it makes sense for helping to license new reactors faster (and cheaper), and why it garnered rare bipartisan support.

For further reference:

"Congress votes to advance nuclear energy development in the US" - Verge

"The Senate just passed a critical...

Duration: 00:07:41
Market Based vs Location Based Emissions Accounting Rules - Episode 90
Aug 12, 2024

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Let's get into the wonky world of emissions accounting, where the corporate standard for reporting is in the process of being refined. The GHG Protocol Corporate Standard has solicited input into whether a market-based or location-based approach to accounting is appropriate. And the final determination could significantly impact not only tomorrow's decarbonization activities, but possibly how today's approaches are handled as well.

Paul digs into this topic in order to better understand the implications for companies of any size.
<...

Duration: 00:08:18
Where the Energy Transition is Succeeding - Episode 89
Aug 05, 2024

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While we talk a lot about the energy "transition", some countries have already fully pivoted to renewable power. In this episode, Paul takes a look at how these countries were able to successfully make the change, while outlining a few common lessons that the rest of the world can learn as we try to catch up.

For further research:

"California achieves 100 days of 100% electricity demand met by renewables" - Electrek

"Fostering Effective Energy Transition 2023" - World...

Duration: 00:07:07
The Interconnection Queue is Broken - Episode 88
Jul 29, 2024

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The US has enough renewable energy stuck in the permitting process to fully replace every single gas and coal facility on the current power grid. But the interconnection process, a convoluted analysis of impact, costs, siting and permitting requirements, has become a chokepoint for getting new renewable projects built. Only a percentage of those projects being developed are likely to ever come to completion.

In this episode, Paul discusses some of the reasons as to why the interconnection queue has...

Duration: 00:07:42
Embodied Carbon - Episode 87
Jul 22, 2024

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In this episode, Paul discusses why the up-front emissions of new products and new construction can be so important in climate activity. These locked-in, embedded emissions could account for up to a quarter of the globe's total carbon - and over 50% of the carbon for construction and buildings.

For further research:

"What is Embodied Carbon?" - Carbon Cure

"What Is Embodied Carbon And Why Does It Matter? - Carbon Herald

"Reducing embodied carbon in...

Duration: 00:07:33
Interpreting Media Coverage of Climate Action - Episode 86
Jul 15, 2024

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It seems that every day we see another media article about the growth (or demise) of climate action. So - what's really going on? In this episode, Paul provides some perspective and critical analysis of recent media headlines in order to fully understand both the good (and the bad) in today's climate action.

For further reference:

"How EVs became such a massive disappointment" - CNN

"AAA survey confirms the trend: More buyers worry about EVs, favor...

Duration: 00:09:01
California's Changing Net Metering Structures (Stephanie Doyle - SEIA) - Episode 85
Jul 08, 2024

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In this episode, Paul sits with Stephanie Doyle, the California State Affairs Director for the Solar Energy Industries Association (SEIA), to discuss the changes that California has implemented to their net metering tariff for rooftop solar.

NEM 3.0 (or also known as the Net Billing Tariff (NBT)) has reimagined the solar market in California, dramatically reducing the compensation that homeowners receive for generating excess power while incentivizing investment into battery storage and into disadvantaged communities. One year on from the launch...

Duration: 00:09:36
The Maturing Battery Recycling Market - Episode 84
Jul 01, 2024

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With all of the success of the global EV car market comes a looming question in a few years - what do we do with all of those batteries at a car's end-of-life?

While it may be a small industry today, the EV battery recycling market is poised to grow exponentially over the next few years. And the success of that market is likely to help define just how successful the overall EV market will be as well. Paul dives...

Duration: 00:07:49
What's Going On With ESG? - Episode 83
Jun 24, 2024

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ESG investing may be going through a bit of a rocky patch, these days, but the investment tool is hardly dead. Rather, the importance of ESG non-financial reporting is more important than ever as stakeholders are looking for the potentially critical externalities that a company's business practices may play.

In this episode, Paul discusses a bit of why ESG has seen an increasing outflow of investment funds recently - while unwrapping where the investment thesis may have gone wrong in...

Duration: 00:08:26
The Emerging Battery Belt of the US - Episode 82
Jun 17, 2024

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Spurred by investment incentives from the IRA, a manufacturing renaissance is emerging along the I-75 corridor between Michigan and Georgia. Huge investments into battery manufacturing facilities are tapping into existing automotive infrastructure and supply chains to diversify and domesticate the EV battery market.

Paul digs into the impact that these new investments are having and why the emerging Battery Belt of the United States seems primed to be one of the big success stories of the IRA.

For...

Duration: 00:07:52
China's Dominance in Clean Tech Supply - Episode 81
Jun 10, 2024

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China is not only the global leader in developing renewable energy, but they maintain a huge competitive advantage in clean tech manufacturing and supply. From solar panels to wind turbines to raw minerals and EVs, China supplies the globe with what's needed to convert to clean energy.

But with that dominance comes challenges, geopolitical risks not the least among them. Paul digs a bit deeper into how China became the behemoth in clean tech supply and discusses how Western policy...

Duration: 00:08:37
The Rise of the Lowly Electric Meter (AMI) - Episode 80
Jun 03, 2024

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The electric meter is one of the foundational backbones of the energy transition. And today's meters do so much more than simply measure and report on the amount of energy being consumed at a site. Advanced Metering Infrastructure (AMI) provides two way communication between a utility and a consumer, opening up not only a more decentralized, decarbonized grid, but a whole host of value added services as well.

For more research:

"What is advanced metering infrastructure (AMI)?"...

Duration: 00:07:39
Building Climate Resiliency into an Organization - Episode 79
May 27, 2024

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In this episode, Paul discusses some examples of how companies, cities, farms and other entities are adapting their strategies to cope with climate change. As the threat from extreme weather events increases, ensuring that an organization is resilient and strengthened against these situations is becoming increasingly important. And new regulations as set out by the ISSB and the SEC require companies to take a hard look at the physical and transitional risks to their organizations.

For more research:

"12...

Duration: 00:07:29
New York's Cap & Invest Program (Karsten Barde - National Grid) - Episode 78
May 20, 2024

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In order to meet the ambitious climate goals as enshrined in New York's Climate Leadership and Community Protection Act (CLCPA), the state is about to embark upon a far reaching program to ratchet down emissions from heavy emitters. The Cap and Invest program has a lot of similarities to RGGI and other Cap & Trade efforts, with some key nuances on how New York is planning on using this tool to transition to a clean energy economy.

Karsten Barde, Director of...

Duration: 00:09:22
Headwinds for the Offshore Wind Industry - Episode 77
May 13, 2024

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There's a lot going on in the offshore wind market in the US these days. Multiple projects have had to renegotiate or even outright cancel their power purchase agreements.

In today's episode, Paul takes a closer look at the reasons behind this turmoil and the impact on the nascent offshore wind market.

For further reference:

"Offshore wind in the U.S. hit headwinds in 2023. Here's what you need to know" - NPR

"A wind...

Duration: 00:07:18
How Climate Change is Affecting Renewable Generator Production - Episode 76
May 06, 2024

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The amount of renewable generation that is forecasted to come online over the next few years is staggering. But renewable assets face risks - risks associated with the changing climate in the first place. As weather patterns change, affecting cloud cover, snow melt, or wind speed - renewable assets are especially vulnerable to these changes.

In this episode, Paul unpacks how the changing climate may affect our increasing reliance upon renewable generation for our power supply.

For further...

Duration: 00:07:31
How Green Bank Financing Bridges the Risk Gap for Clean Energy Projects - Episode 75
Apr 29, 2024

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There are over 20 Green Banks spread across the US, designed to deploy clean energy technologies and ensure equitable access to the clean energy economy. These quasi-public institutions play an important role in bridging a risk gap between what is "theoretically financeable" and what is "actually financeable".

In this episode, Paul discusses how Green Banks function, the role that they play in handling risks that private institutions can not, and how the IRA and IIJA unlocked billions of dollars of federal...

Duration: 00:07:47
Science Based Targets - Episode 74
Apr 22, 2024

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If there is a gold standard for setting corporate climate goals, it's a science based target. These commitments are a rigorous, methodical approach toward ensuring that we stay below the 2 degree warming threshold.

In today's episode, Paul explains the methodology used to determine science based targets and their net zero counterpart. And Paul touches upon the recent controversy that arose around when and how it is appropriate to use offsets against these targets.

For further reference:

...

Duration: 00:09:07
The Role and Need for Philanthropy in Climate Action (Randall Kempner - The Aspen Institute) - Episode 73
Apr 15, 2024

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Philanthropic giving to climate related causes is woefully small. But charitable dollars have a really important role to play because of their flexibility and different motivations. They can catalyze investment in areas where private or governmental dollars can not.

In this episode, Paul sits with Randall Kempner, Senior Advisor to the Aspen Institute to discuss the role of philanthropic dollars in the capital stack, why foundations and donors have not contributed as much, yet, and what is needed to further...

Duration: 00:08:16
Decarbonizing Freight & Trucking (Mike Roeth - NACFE) - Episode 72
Apr 08, 2024

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Paul sits with Mike Roeth of the North American Council for Freight Efficiency (NACFE) to discuss the current state of trucking and how that industry is decarbonizing. Although trucks only account for 5-10% of the vehicles on the road, they contribute up to a quarter of the transportation sector's greenhouse gas emissions.

But whereas challenges remain to fully decarbonize long haul, heavy duty trucking, Mike and Paul dig into the different use cases and opportunities that the industry has to...

Duration: 00:09:19
Local Law 97 (Luke Surowiec - ICF & NYC Accelerator) - Episode 71
Apr 01, 2024

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2024 marks the first compliance period for the groundbreaking building performance standard in New York City known as Local Law 97. The law requires large buildings to go beyond simply reporting emissions and to begin to enact decarbonization standards. Or face fines.

Paul sits with Luke Surowiec of ICF and who is the program director of the New York City Accelerator to talk about the current state of Local Law 97, how buildings are complying with the requirements, what lies ahead, and what...

Duration: 00:08:15
Puerto Rico's Recovery (Javier Rua - SESA) - Episode 70
Mar 25, 2024

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It's been about 6 and a half years since Hurricane Maria laid waste to Puerto Rico's power grid. As the island continues its recovery, it is pioneering a more distributed, renewable and resilient power infrastructure that the rest of us can learn from.

In this episode, Paul sits down with Javier Rua of the Solar and Energy Storage Association of Puerto Rico to talk about the recovery process and what's next for the island.

For further reference:

...

Duration: 00:07:42
The SEC's Climate Disclosure Rules - Episode 69
Mar 18, 2024

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On March 6th, the Securities and Exchange Commission released their long awaited rules on climate disclosure. The final product attempts to standardize how companies report on the risks that they face from worsening climate events, while providing a way to indicate the strategies and steps being taken to reduce the impact and risk of climate change.

Paul tackles the rules, both in what they are now going to require public companies to report upon as well as in how effective...

Duration: 00:08:20
Thermal Energy Networks (Matt Rusteika - Building Decarbonization Coalition) - Episode 68
Mar 11, 2024

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Thermal Energy Networks are matriced assemblies of pipes and heat pumps where buildings can not only utilize the heat from the ground beneath us, but repurpose heat from the buildings around us to make certain we're not wasting anything. And, because of that, these systems may be a super efficient and cost effective means to decarbonize large swaths of cities and neighborhoods.

Paul sits with Matt Rusteika, Director of Market Transformation at the Building Decarbonization Coalition, to talk about these...

Duration: 00:08:55
24-7 Hourly Matching - Episode 67
Mar 04, 2024

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In this episode, Paul unpacks how 24/7 hourly matching is becoming something of a new standard for corporate renewable energy procurement. This temporal strategy is having an impact on not just how large companies are buying power, but also for federal organizations, hydrogen developers, and, frankly, just about anyone in the renewable procurement market.

Paul discusses the impact of 24/7 hourly matching, it's potential drawbacks ... and even courts a bit of controversy by suggesting that maybe this strategy isn't the best one...

Duration: 00:07:52
Walmart Met Their Project Gigaton Goal - Now What? - Episode 66
Feb 26, 2024

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When Walmart launched their Project Gigaton program in 2017, the idea that the retailer could get their suppliers to cumulatively reduce 1 BILLION tons for carbon emissions by 2030 was hailed as incredibly ambitious.

Last week, the company reported in their fourth quarter earnings call that they had not only surpassed that billion ton goal, but had done so 6 full years earlier than their target. In today's episode, Paul discusses how Walmart got here, what other companies can learn from Walmart's leadership, and...

Duration: 00:08:10
What Can the US Learn From European EV Adoption? - Episode 65
Feb 19, 2024

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While EV global sales continue to surge, the uptick in the US lags significantly behind that of our European counterparts. And while obstacles such as a lack of charging infrastructure, high up-front costs, and battery range are affecting market share - those same issues are also at play in Europe. So what are they doing right that is helping that continent achieve over 20% market share of EVs?

In this episode, Paul dissects four areas where Europe's approach to EVs has...

Duration: 00:08:34
The Good Climate News Episode - Episode 64
Feb 12, 2024

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Getting discouraged by all of the negativity in climate news recently? In this week's episode, Paul takes a different tack - focusing on the good news that came out of 2023 and all of the positive results that we've *already* achieved in climate action. Take a bit of hope from this episode as to the trajectory of change that is occurring!

For further research:

"World’s renewable energy capacity grew at record pace in 2023" - The Guardian

"Ch...

Duration: 00:07:59
Why is Heat Pump Deployment so Tough? (DR Richardson & Jan Keleher - Elephant Energy) - Episode 63
Feb 05, 2024

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In this episode, Paul is joined by DR Richardson and Jan Keleher of Elephant Energy to discuss the challenges of the residential heat pump market. With an array of federal, state and local incentives, a myriad of technology options, sizing requirements, electrical upgrade decisions and other factors that play into installing these units, Elephant Energy has found a niche as a "one-stop shop" in helping homeowners.

We explore why business model innovations such as Elephant's may be necessary to ensure...

Duration: 00:08:10
The Dual Threat of Wildfires for Utilities - Episode 62
Jan 29, 2024

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The intensity and impact of wildfires has dramatically increased over the past few decades due to climate change. And as those acres burn, those fires are releasing trapped carbon back into the atmosphere and only exasperating global warming.

Utilities have been at the center of the controversy around wildfires - taking the blame for devastating events in California and Maui, but also leading in developing solutions to mitigate the rise in and impact of wildfires.

For further research:<...

Duration: 00:07:37
How Renewable is Renewable Natural Gas? - Episode 61
Jan 22, 2024

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Is renewable natural gas the silver bullet for a greener future or a complex puzzle yet to be solved? While many industrial and natural gas companies have looked to RNG as a potential solution to decarbonize their operations, the fuel source is not without some issues.

Paul examines how RNG is made, used and contributes to decarbonization goals. But he also looks at how and why some of those claims may not fully stand up under scrutiny.

For...

Duration: 00:08:20
What's Worse than Carbon Dioxide? - Episode 60
Jan 15, 2024

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CO2 may be the main culprit of climate warming activities - but there are other greenhouse gases out there even more potent. Twenty thousand times more potent, in fact. And controlling these gases is just as important to meeting our climate ambitions as reducing carbon emissions is.

Paul unpacks the Kyoto protocol and the seven gases identified to have significant global warming implications on our planet. And Paul discusses where these gases are coming from and what we're doing to...

Duration: 00:08:47
45V Hydrogen Tax Credits - Episode 59
Jan 08, 2024

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Just before Christmas, the US Treasury and IRS issued rules on how certain tax credits in the Inflation Reduction Act should be considered. These 45V tax credits are critical to the growth and evolution of the hydrogen industry, but not everyone agrees on how these credits should be managed. Should they prioritize growth of a needed carbon-free fuel industry? Or should they ensure that dirty, fossil fired power stations aren't powering staying operational longer than needed?

In this episode, Paul...

Duration: 00:08:30
California's New Carbon Accounting Law (Catherine Atkin - Carbon Accountable) - Episode 58
Jan 01, 2024

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Back in October, California passed a remarkable law called Senate Bill 253, The Climate Corporate Data Accountability Act. Usually shortened to just SB 253, the new law is the first to require large companies to publicly report on their greenhouse gas emissions.

Paul sits down with one of the key architects of the legislation, Catherine Atkin of Carbon Accountable. They discuss the implications and opportunities of the new bill and what it means for companies doing business in California.

For t...

Duration: 00:07:52
A Tale of Two COPs - Episode 57
Dec 18, 2023

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COP28, the world's largest climate event, wrapped in Dubai last week. On the one hand, the COP is an event for politicians and dignitaries as they wrestle with the language around how forcefully the world will commit to the climate transition. But, the COP has another side to it as well, a public side where corporations, NGOs and other organizations gathered to share the very best of what global collaboration can mean when harnessed in the right direction.

In this...

Duration: 00:07:29
Electrifying Industrial Heat - Episode 56
Dec 12, 2023

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Industrial and manufacturing processes require intense heat - something that has been relatively difficult to achieve with electricity. But converting those processes away from fossil fuel sources and to renewable energy is critical if we're going to decarbonize this sector.

But a host of emerging technologies are helping to make that transition. From heat pumps to old fashioned firebricks to more advanced technologies, a number of startups are helping to apply electricity to even our highest temperature industrial processes.

<...

Duration: 00:07:35
The Role of AI in the Energy Transition - Episode 55
Dec 04, 2023

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Artificial Intelligence is having a moment. And while there are legitimate concerns as to how AI can influence our society and culture, this emerging technology is also having a profound impact on the pace and scale of the energy transition. In this episode, Paul dissects what AI can, and can not do, and illustrates a few examples of how this important technology is changing our power grid.

Paul references the following material in this podcast:

PWC Report on...

Duration: 00:07:52
Decoupling the Utility Business Model - Episode 54
Nov 20, 2023

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The utility business model is a bit unusual, given that power companies own a natural monopoly in the areas in which they operate. But just as the energy transition has upended a bunch of other industry models, it's doing something similar in the staid power industry. 

Paul digs into the existing Cost of Service model most utilities employ today, as well as discussing the evolving role that decoupling and Performance Based Ratemaking play in aligning utility incentives with those of s...

Duration: 00:07:58
Local Governments and the IRA - Episode 53
Nov 13, 2023

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The Inflation Reduction Act unlocked $379 billion toward cleaner and more renewable climate technologies. But it also funnels nearly $50B toward State and Local governments to help them develop and implement their own climate resiliency plans. In this episode, Paul discusses the federal funding sources as well as the challenges and opportunities that these dollars present for governmental entities.

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Duration: 00:07:35
Nuclear Fusion Hype vs Reality - Episode 52
Nov 06, 2023

The National Ignition Facility at Lawrence Livermore Labs sparked global excitement last year when they announced their first successful test of nuclear fusion ignition. That research could be paving the way toward an almost limitless, clean energy source to power our planet.

But let's not get ahead of ourselves. How much of this is hype and how much is reality? Paul digs into the technological barriers of fusion, and unpacks whether we are likely to see this renewable resource power our homes in our lifetimes.

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Duration: 00:08:16
The Corporate PPA Market - Episode 51
Oct 30, 2023

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Season 2 of Eight Minutes kicks off with an overview of the current state of the Corporate PPA market. Lots of tailwinds for the growth of new renewables projects - but also quite a few challenges that are keeping the industry back from reaching its full scale. Paul digs into these issues with a fly-over on how the corporate PPA market is doing in today's conditions.

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Duration: 00:08:29
Reflecting on the State of the Energy Transition - Episode 50
Oct 16, 2023

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Our fiftieth episode wraps up the first season of Eight Minutes. To celebrate, Paul gets reflective on the challenges and his unwavering optimism on the energy transition.  He delves into the hurdles we face in this momentous transition, from the considerable costs of renewable energy resources to the infrastructure changes needed to support this new era. But also expresses why this change is already happening and may have a momentum all of its own, at this point.

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Duration: 00:08:19
Sustainable Food Systems (Ashley Allen - Oatly) - Episode 49
Oct 09, 2023

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In this episode, we take a hard look at the challenges faced by the food industry in the context of climate change. Paul interviews Ashley Allen, Chief Sustainability Officer of Oatly, on how the oat-based company is striving to decarbonize their products while educating consumers on the environmental impact their food choices make.

For more information on Oatly, visit:

https://www.oatly.com

For more information on Ashley, please visit:

https://www.linkedin.com...

Duration: 00:07:32
The Clean Energy Workforce - Episode 48
Oct 02, 2023

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Why is the transition to a green economy about more than just swapping out old tech for new, more sustainable options? Paul explores this pressing question, laying bare the complexities and challenges of shifting an entire workforce into the clean energy landscape. 

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Duration: 00:07:47
The Impact of Missing Climate Targets - Episode 47
Sep 25, 2023

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The Wall Street Journal released an article last week discussing how many companies are likely to miss their net zero sustainability targets. And while lots has been discussed about the value and need for corporations to be aggressive on their climate commitments, very little has been discussed on what the impact is if a company misses on those targets.

In this episode, Paul digs into what little research has been conducted in this area and uncovers some of the challenges...

Duration: 00:07:41
The UAW Strike - Episode 46
Sep 18, 2023

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The United Auto Workers went on strike last week, hitting all of the Big Three automakers simultaneously for the first time in history. And while pay and benefits remain big negotiating items, the specter of the EV transition is hanging over these developments. Will the change over to electric cars cost unionized jobs? Or is there opportunity in the transition?

Paul takes this episode to look at the EV market through the eyes of the line worker, uncovering some of...

Duration: 00:07:11
The Grid Edge - Episode 45
Sep 11, 2023

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In this episode, Paul discusses some of the emerging value propositions that exist at the grid edge - that point of power consumption. As utilities and start-ups offer up new technologies and solutions, Paul digs into what makes these propositions work and the challenges we have in realizing all of the potential value.

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Duration: 00:08:25
Cryptocurrency & Renewable Energy - Episode 44
Aug 28, 2023

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In this episode, we navigate the heated controversies surrounding the environmental impact of cryptocurrencies. We dig deeper into the implications of crypto mining on our environment, thoroughly dissecting the challenges it brings and the potential solutions that can counteract them. Join Paul as we uncover whether crypto can truly transform into a green industry or if it’s just another case of environmental greenwashing.

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Duration: 00:08:05
The Moral Ambiguities of Rare Earth Minerals - Episode 43
Aug 21, 2023

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What if the solution to our environmental crisis is also the source of another potential catastrophe? In this thought-provoking episode, we shine a light on the often-overlooked dark side of our quest for sustainable energy. Paul explores the ecological and societal impact of mining for lithium and cobalt - essential minerals in modern battery production. We delve into the controversies surrounding these practices, including the ecological toll on local environments, and the undeniable societal issues that come with cobalt mining in Africa.<...

Duration: 00:07:52
The IRA at One - Episode 42
Aug 14, 2023

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The Inflation Reduction Act (IRA) turns one on August 16th. Widely lauded as the most comprehensive climate legislation ever - how has the law done during its first year? In this episode, Paul digs into how the IRA has affected domestic manufacturing, renewable energy projects and global aspirations for climate impact. And we even touch on some of what needs to happen next to maximize the opportunities unleashed by the IRA.

EDITOR'S NOTE: Paul inadvertently refers to an...

Duration: 00:07:51
The Alphabet Soup of Climate Reporting - Episode 41
Aug 07, 2023

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Last week, the International Sustainability Standards Board released two sets of standards to help harmonize and consolidate how companies should account for and report on their risks around climate. These new standards help to simplify the alphabet soup of existing standards while also setting the stage for regulated, mandatory reporting requirements on sustainability.

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Duration: 00:08:03
Hydrogen for Home Heating? - Episode 40
Jul 31, 2023

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Hydrogen is likely to play a big role in decarbonizing the economy, but that doesn't mean that it's a simple substitute for everything that currently burns natural gas. In this episode, Paul discusses whether hydrogen is a viable option to replace natural gas for the heating of residential homes.

References cited in this episode include:

"Is Heating Homes with Hydrogen all but a Pipe Dream? An Evidence Review" - Jan Rosenow

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Duration: 00:08:14
The Paris Agreement - Episode 39
Jul 24, 2023

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In this episode, Paul discusses the seminal global climate agreement that emerged from Paris in 2015. From it's history, its controversy, and its effectiveness, Paul unpacks how the Paris Agreement is mobilizing the globe toward climate action.

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Duration: 00:07:36
Beyond the Battery - Episode 38
Jul 17, 2023

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Energy storage is a big component of the energy transition. Whether for EVs or residential homes or grid enabled backup, energy storage is an important and evolving topic. But whereas the conversation may start with the familiar lithium-ion battery, there are both emerging and very mature technologies out there that provide energy storage at different cost points and durations - ideal for different situations.

Paul uses this episode to examine the different types of energy storage and how they each...

Duration: 00:08:59
Sustainable Supermarkets (Kathy Loftus - Retail Business Services/Ahold Delhaize USA) - Episode 37
Jul 10, 2023

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In this week's episode, Paul sits down with Kathy Loftus of Retail Business Services, the services company for Ahold Delhaize USA which includes supermarkets such as Food Lion, Stop & Shop, The GIANT Company, Hannaford and Giant Food. Kathy, RBS and the local retail brands of ADUSA are doing amazing work in helping to build sustainable supermarkets for the future. In addition to helping reduce operating emissions, ADUSA is also helping to drive down supply chain emissions.

For more information on...

Duration: 00:07:04
Offshore Wind - Episode 36
Jul 03, 2023

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In this latest episode, Paul dissects the growing offshore wind market in the US. The offshore wind industry may only have 42 MWs of capacity currently operating, but over 40,000 MWs of capacity are in some form of development. With that huge ramp up will come challenges and controversy. Paul digs into all of that in these eight minutes.

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Duration: 00:07:21
The Duck Curve - Episode 35
Jun 26, 2023

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The challenge in integrating large scale renewables onto the grid isn't just a matter of intermittency or of displacing fossil fuels. System operators trying to balance daytime generation with nighttime demand end up offsetting a lot of the value created by solar power in the first place.

In this episode, Paul discusses the Duck Curve, a useful tool that shows how increased solar penetration may actually lead to suboptimal outcomes.

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Duration: 00:08:09
MassCEC (Tom Chase - MassCEC) - Episode 34
Jun 19, 2023

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Not all of the energy challenges facing us are technical in nature. Equally important to scaling clean energy solutions are in lowering costs, investing in novel, newer technologies, and implementing processes that make it easy for consumers to transition.

In this episode, Paul sits with Tom Chase from the Massachusetts Clean Energy Center, MassCEC, to discuss how that organization is helping needed ideas come to market. And they take a bit of a deeper dive into what's needed to promote...

Duration: 00:07:08
Demand Response - Episode 33
Jun 12, 2023

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In this episode, Paul discusses Demand Response programs and their role in helping transition to a net zero economy. Instead of building new gas fired power units, demand response asks participants to reduce their power needs at times when the power grid is particularly stressed.

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Duration: 00:07:51
The Role of Big Oil - Episode 32
Jun 05, 2023

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As the world grapples with climate change and transitioning to cleaner, more renewable resources, what is the role that big oil can play in that pivot? It's a nuanced question that probably deserves more than eight minutes, but Paul does his best to dig into some recent wins (and losses) by climate activists in this space, the ways in which oil companies are already adapting, and some successful pivots that big companies have already made.

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Duration: 00:08:05
Greenhushing - and Other Ways Companies are Greenwashing Their Products - Episode 31
May 22, 2023

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Heard of the term "greenwashing". Some companies are riding the environmental and climate change wave by providing false or misleading information on their activities. But greenwashing is sometimes really difficult to uncover due to the many forms that it can take.

Here, Paul dives into the different ways that companies may be misleading their customers and investors, from greenhushing to greenshifting.

For those interested in the article that Paul mentions in the episode, you can find it here:<...

Duration: 00:08:22
PACE Financing - Episode 30
May 15, 2023

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Paul gets a bit wonky in this episode, discussing how Property Assessed Clean Energy Financing (or PACE financing) works. Coming up with the capital needed to install new solar panels, invest into upgraded energy efficient equipment, or electrify a building's thermal load can be difficult. PACE financing is a public option that has both pros and cons for property owners to consider.

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Duration: 00:08:00
The EPAs New Rulemaking - Episode 29
May 08, 2023

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Learning from the lessons of the Obama Administration's failed Clean Power Plan, the Biden EPA is set to launch a new set of rules governing carbon emissions from fossil fueled power plants this week. What's in these rules? What effect are they likely to have on greenhouse gas emissions? And, frankly, what likelihood do they have to stand up against a conservative Supreme Court?

Paul dives into the EPA's latest carbon regulations in this latest episode.

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Duration: 00:07:55
The Effect of the Ukraine War on Europe's Energy Transition - Episode 28
May 01, 2023

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Fourteen months into the conflict in Ukraine and the energy landscape in Europe has shifted dramatically. Whereas Russia supplies of gas used to dominate the market, today, the equation is far different and more nuanced. And the shift toward electrification and more renewable resources has only increased over the past year-plus.

In this episode, Paul dissects the impact that the war has had on Europe's energy transition, both the good and the bad, and discusses how the sanctions may be...

Duration: 00:08:09
Carbon Capture, Utilization and Sequestration - Episode 27
Apr 24, 2023

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There are a lot of industries where renewable energy or electrification just simply isn't possible. To meet our climate goals, technology such as Carbon Capture, Utilization and Sequestration (CCUS) has to mature and come down in cost. Paul discusses the current state of the CCUS market as well as some of the big investments that governments and private industry are making behind this technology.

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Duration: 00:09:31
Retail Choice & Green Tariffs - Episode 26
Apr 17, 2023

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Certain parts of the U.S. allow customers to buy their power from someone other than the utility - a mechanism called retail choice. And this has really created the opportunity for individuals, companies and other consumers to decide not only how much that they want to pay for electricity - but also the type of power that they want to use. Renewable energy programs are everywhere.

In this episode, Paul dives into how these renewable energy retail programs are...

Duration: 00:07:27
Community Solar - Episode 25
Apr 10, 2023

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Not everyone owns a roof and is able to install the latest solar panel - so how do we create the opportunity for renters, small businesses, non-profits, or urban condo dwellers to participate in the low cost and sustainability advantage of solar power?

The answer may be in community solar projects. In this episode, Paul dissects what these types of systems are and how they are leveling the playing field for everyone to participate in the energy transition.

...

Duration: 00:07:59
Energy Storage, VPPs and FERC 2222 (Mike Goldman - Generac Grid Services) - Episode 24
Apr 03, 2023

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The next decade could be that of battery storage. Boosted by new tax credits in the IRA, batteries are poised to become one of the most powerful tools in our tool belt for shifting to cleaner electricity. But storage isn’t just about storing solar power for use at night. They represent security, resiliency, flexibility and an opportunity for consumers to take advantage of utility programs designed to lessen the overall burden on the grid.

Paul interviews Mike Goldman of Ge...

Duration: 00:07:40
SMBs and Utilities (Greg Stevenson - Consumers Energy) - Episode 23
Mar 27, 2023

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In this episode, Paul sits down with Greg Stevenson of Consumers Energy to talk about the utility's challenges and opportunities when it comes to helping the small and medium sized business (SMB) market. SMBs are something of a forgotten middle in the energy transition - as so much focus has been on large companies or on residential homeowners, but Greg and his team are putting in the effort to segment and understand this market in order to better serve it.

...

Duration: 00:07:08
Nuclear Power - Episode 22
Mar 20, 2023

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The first nuclear plant in 30 years just fired up in Georgia. Is this the re-emergence of a technology capable of generating baseload, clean electricity - or are the economic and cultural forces too much for new nuclear to overcome? In this episode, Paul explores the promise of nuclear energy as a part of the clean energy transition as well as the challenges that construction of the new Vogtle reactors in Georgia has laid bare.

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Duration: 00:08:34
Microgrids - Episode 21
Mar 13, 2023

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Microgrids play an important role in advancing the energy transition, not only creating clean power, but enabling more resilient, secure systems that can be deployed easier and faster than multiple types of projects. In this episode, Paul digs into the types and technologies of microgrids and the impact that they have on the energy transition.

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Duration: 00:07:47
EV Charging Infrastructure - Episode 20
Mar 06, 2023

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For the most part, filling up a gas tank is the same experience no matter where you go. But EV charging can be pretty different. From being able to charge at your local retail store or even at home to understanding the differences between Level 1, 2 or 3 chargers - Paul takes a moment to decipher how EV charging works and the terminology and engineering behind the infrastructure.

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Duration: 00:08:17
How Valid are Corporate Climate Commitments? - Episode 19
Feb 28, 2023

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In this episode, Paul discusses recent research that suggests that all of those climate commitments that big corporations have been making may not be as strong as originally thought. Diving into some of the ways that corporations may be inadvertently misleading their stakeholders, Paul unpacks some of the reasons why corporate action has been so hit or miss so far.

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Duration: 00:09:13
The Inflation Reduction Act's Tax Incentives - Episode 18
Feb 20, 2023

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The IRA represents the largest ever commitment of federal dollars into climate technologies. In this episode, Paul dissects how the IRA is structured to support renewable energies, hydrogen, clean vehicles and other priorities of the Biden Administration. 

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Duration: 00:08:29