Tag: climatechange

Page from a handwritten ledger
Climate Confident

Unlocking the Power of Accurate ESG Data Measurement and Reporting: SAP’s Green Ledger
Page from a handwritten ledger

In the latest episode of the Climate Confident podcast, I had an incredible conversation with Bhushan Nigale, the Lead for SAP’s Sustainability Development Program. We delved deep into the significance of accurate Environmental, Social, and Governance (ESG) data measurement and reporting, and how SAP’s Green Ledger plays a pivotal role in this process.

Ever wondered why accurate ESG data measurement is so crucial? Well, imagine trying to navigate a stormy sea without a reliable compass. In much the same way, corporations without precise ESG metrics can quickly lose their way in the turbulence of today’s rapidly evolving business environment. Precise ESG data provides valuable insights that help organizations in making informed decisions, effectively managing risks, and identifying new opportunities for sustainable growth.

Bhushan, in our enlightening discussion, brilliantly highlighted how SAP’s Green Ledger is transforming the way companies handle ESG data. It is not just a tool; it’s an intelligent solution that provides an unprecedented level of transparency and trustworthiness to ESG data. By harnessing advanced technologies like AI, the Green Ledger ensures the veracity of ESG data, helping companies prove their genuine commitment to sustainability.

Another important aspect we touched on in the episode was the necessity of reliable ESG reporting. While ESG data measurement is a crucial step towards a more sustainable future, it’s the accurate and consistent reporting of this data that allows for global accountability. In the absence of proper reporting, even the most robust ESG strategies can lose their impact. SAP’s Green Ledger excels in this area too, assisting businesses in meeting the highest ESG reporting standards while driving them towards their sustainability goals.

SAP’s Green Ledger demonstrates an inspiring commitment to responsible business practices, providing a blueprint for others to follow. As we collectively strive towards a more sustainable future, platforms like this will continue to play an instrumental role. They aren’t merely tracking ESG metrics; they are powering our journey towards a greener, more resilient world.

I know I’ve just scratched the surface here. There’s so much more to learn about SAP’s Green Ledger and the broader importance of accurate ESG data measurement and reporting. So, why not delve a little deeper?

Listen to the episode here and join us as we navigate these critical conversations on the path to climate confidence. Remember, every step we take, no matter how small, brings us closer to a sustainable future. So let’s embark on this enlightening journey together.

Finally, if you value receiving weekly actionable insights on sustainability and climate, you can always sign up to be a Supporter of the podcast for less than the cost of a cup of coffee.

And remember, stay climate confident!

Photo credit davesandofrd on Flickr

Series of sticky notes as the result of a brainstorming session
Climate Change, Climate Confident

Unleashing Startups: Our Secret Weapon Against Climate Change

Climate change is arguably the most pressing issue of our time. It calls for immediate, transformative action that transcends borders, industries, and disciplines. Within this vast and urgent landscape, there is a crucial role for entrepreneurship. Startups and innovative entrepreneurs can bring fresh perspectives and agile approaches that contribute significantly to climate change solutions. In this week’s episode of the Climate Confident podcast, we delve into this very intersection of entrepreneurship and climate change.

My guests, Micol Chiesa and Chris de Koning, are at the forefront of this movement. As two of the Directors behind Planet Positive Lab, they are nurturing the next generation of climate-positive entrepreneurs, enabling them to transform their innovative ideas into ventures that can create systemic change.

Planet Positive Lab’s vision is both ambitious and inspiring. They believe in the power of entrepreneurs to create solutions that not only help mitigate climate change but also build a more sustainable and equitable future. Their mission extends beyond business profits, aiming to make a positive impact on the planet and its people.

Their summer accelerator program is a testament to this mission. The program provides entrepreneurs across the globe with the resources and support they need to turn their climate-positive ideas into reality. From mentoring and guidance to investor connections, the Lab is committed to fostering a supportive ecosystem for these change-makers.

What stands out about their approach is their focus on quality over quantity. Rather than betting on big numbers, they are dedicated to meticulously selecting and closely nurturing a smaller cohort of high-potential ventures. This approach, they believe, enables more targeted support and, ultimately, more meaningful impact.

This episode is a goldmine of insights for anyone interested in the role of entrepreneurship in combating climate change. Micol and Chris bring a unique blend of passion, knowledge, and experience to the table, making it an enlightening and inspiring listen.

At the heart of the conversation is an important reminder: Climate change is everyone’s fight. We all have a role to play, whether we’re entrepreneurs, investors, educators, or consumers. Initiatives like Planet Positive Lab demonstrate the power of collective action and the potential of entrepreneurship as a driving force in this battle.

Are you ready to dive deeper into the world of climate-positive entrepreneurship? Don’t wait! Listen to the full episode here (or search for Climate Confident wherever you get your podcasts) and join the conversation. Let’s all be a part of this crucial journey towards a climate-confident future.

Finally, if you value receiving weekly actionable insights on sustainability and climate, you can always sign up to be a Supporter of the podcast for less than the cost of a cup of coffee.

Stay climate confident, and let’s make a change together!

Photo credit gunarsg of Flickr

ChatGPT chat screen
AI

Harnessing AI in the Climate Crisis: Opportunities, Challenges, and the Future

As an advocate of emerging technologies, I’m often at the forefront of witnessing the transformative power of innovations like Artificial Intelligence (AI). Today, I want to talk about how AI and particularly Generative AI systems, such as OpenAI’s ChatGPT, Google’s Bard, and the increasing number of open source Generative AI systems that are emerging, can play a pivotal role in our fight against climate change, the defining crisis of our time.

But, as always, we will also discuss the potential risks and downsides. So let’s start this balanced exploration of the intersection of AI and climate science.

Opportunities in the Climate Crisis

  1. Climate Education and Awareness: Generative AI systems have a powerful ability to disseminate information and educate the public about climate change, its causes, effects, and the urgency of the situation. They can personalise advice on how individuals can reduce their carbon footprints and adopt sustainable living practices.
  2. Climate Modeling and Predictions: AI’s strength lies in its ability to analyze vast amounts of data, identifying patterns, and making predictions about future climate conditions. This could help us develop effective climate policies and disaster management strategies.
  3. Research and Policy Assistance: Generative AI systems can assist researchers by summarising relevant studies, finding correlations between disparate research fields, and even generating hypotheses. They can also analyse the effectiveness of different climate policies, propose improvements, and predict potential outcomes.
  4. Energy Consumption and Carbon Capture: AI algorithms can optimise energy use across sectors, reducing greenhouse gas emissions. They can also optimise and innovate in the field of carbon capture and storage technologies, potentially designing new methods for capturing carbon more efficiently.
  5. Agriculture, Land Use, and Public Health: AI can help optimise agricultural practices, improve land use planning for maximum carbon sequestration, and predict potential impacts of climate change on public health.

Challenges and Downsides

However, as with any technology, there are potential risks and downsides associated with AI and Generative AI systems.

  1. Hallucination: AI and Generative AI systems can sometimes “hallucinate” or generate information that isn’t based on their training data. This could lead to the propagation of false or misleading information about climate change, which could be harmful.
  2. Energy Consumption: Training AI models can consume a significant amount of energy, contributing to the very problem we’re trying to solve. It’s crucial to strive for more energy-efficient AI models and use renewable energy sources for training and deployment.
  3. Data Quality and Bias: AI and Generative AI systems are only as good as the data they’re trained on. If the underlying data is flawed or biased, the results can be misleading or even harmful. It’s vital to ensure high-quality, diverse, and representative data for training these models.
  4. Over-reliance on AI: While AI is a powerful tool, it’s not a panacea. There’s a risk that over-reliance on AI could sideline human expertise and decision-making, which are essential in addressing complex issues like climate change.

Conclusion

The intersection of AI and climate change presents an exciting frontier with massive potential. AI’s ability to process vast amounts of data and generate meaningful insights can significantly contribute to our understanding of climate change and our ability to combat it.

However, as we charge forward with these technological advancements, we must do so with a keen eye on the potential pitfalls. It’s our responsibility as tech evangelists to balance our enthusiasm with caution, ensuring that we leverage AI ethically, responsibly, and sustainably.

Remember, AI is a tool, not a solution in itself. It’s our collective human decision-making, guided by ethics and values, that will ultimately determine our success in combating climate change. The future of our planet depends on us using all the tools at our disposal – AI included – wisely and effectively.

AI and Generative AI systems are revolutionising how we approach complex global problems. But they are not silver bullets. They should be used to augment human capabilities, not replace them. We must continue to rely on the expertise and insights of climate scientists, policymakers, and communities affected by climate change.

As technology continues to evolve, so too must our approach to using it. We need to continually evaluate the impact of AI on our environment and society, refining our strategies to ensure that we’re achieving positive outcomes without exacerbating the problems we’re trying to solve.

Embracing the opportunities that AI offers doesn’t mean ignoring its challenges. By recognizing and mitigating potential downsides, such as hallucination, high energy consumption, and data bias, we can ensure that the benefits of AI are maximised while the risks are minimised.

So let’s continue to push the boundaries of what AI can do, while also keeping our feet firmly grounded in the realities of its limitations. Together, we can harness the power of AI to create a more sustainable, resilient, and equitable world.

The path to a greener future is a shared journey, one that requires the collective effort of technologists, scientists, policymakers, and every individual. With a balanced, thoughtful approach to AI, we can all play a part in shaping a better future for our planet.

Windfarm at sunset
Climate Change, Climate Confident

Decarbonising Energy and Driving Resilience with Gareth Evans, CEO of Veckta

Have you ever wondered how businesses and communities can become more resilient while decarbonising their energy systems? Look no further! In the latest episode of the Climate Confident podcast, I had the pleasure of speaking with Gareth Evans, CEO of Veckta, an innovative company that focuses on helping organizations design, build, and operate clean, secure, and resilient energy systems.

During our conversation, Gareth shared some fascinating insights on the current state of energy transition and decarbonisation efforts. As we discussed the various challenges and opportunities presented by the global shift towards renewable energy, it became apparent that organizations like Veckta play a critical role in accelerating the transition to cleaner, more sustainable energy systems.

One of the key points Gareth highlighted is the importance of microgrids in enhancing energy resilience. These localized energy systems can help businesses and communities maintain a stable and secure energy supply, even in the face of power outages or other disruptions. By investing in their own energy systems, organizations can not only protect themselves from outages but also save money by avoiding the costs and losses associated with such disruptions.

Gareth also explained how Veckta is revolutionizing the way organizations approach their energy systems. Through its cutting-edge platform, Veckta provides comprehensive solutions for designing, sourcing, and operating microgrids, ensuring that businesses can benefit from reliable, clean energy. By harnessing the power of renewable energy sources and advanced technologies, Veckta is helping its clients to significantly reduce their carbon footprint, while also increasing their energy resilience.

But the conversation didn’t stop there! We delved into the broader implications of the energy transition and its impact on businesses, communities, and the planet. Gareth emphasized the importance of embracing this transition as an opportunity to build customer loyalty, employee loyalty, and to do right by our communities. He also shared his thoughts on the vital role that collaboration plays in overcoming the challenges of decarbonisation and driving the energy transition forward.

To learn more about Veckta’s pioneering work in the field of energy transition and decarbonisation, and to hear Gareth’s fascinating insights on the future of energy, be sure to listen to the full episode of the Climate Confident podcast. You won’t want to miss this engaging and informative discussion that will leave you inspired to take action in the fight against climate change.

Don’t miss out on this enlightening conversation with Gareth Evans. To listen to the full episode, follow this link or search “Climate Confident” wherever you get your podcasts. Let’s come together and drive the energy transition towards a cleaner, more resilient future for all!

Finally, if you value receiving weekly actionable insights on sustainability and climate, you can always sign up to be a Supporter of the podcast for less than the cost of a cup of coffee.

Stay climate confident, and let’s make a change together!

Photo credit John Morton on Flickr

Sugar close-up
Climate Change, Climate Confident

Sweet Proteins: A Tasty Solution to Climate Change and Health Crises

In the latest episode of my Climate Confident podcast, I had an enthralling conversation with Ali Wing, CEO of Oobli, who introduced us to the fascinating world of sweet proteins. These zero-calorie proteins not only offer a healthier alternative to traditional sugars but also hold the potential to address the growing concerns around climate change and the global health crisis caused by obesity and diabetes.

A Sweet Revolution

Oobli’s innovation lies in harnessing the power of precision fermentation to produce sweet proteins. This process is not only sustainable but also significantly reduces greenhouse gas emissions and resource usage compared to conventional sugar production methods. Ali explained that sweet proteins have been part of nature for millions of years, and Oobli aims to make them accessible to the masses, offering a sweet solution for people with dietary restrictions, such as diabetics.

Global Impact

One of the most striking takeaways from our conversation is the potential for sweet proteins to revolutionize the food industry and contribute to a more sustainable future. As Ali mentions, “The biggest challenge that our cousins in meat and dairy have, and I’m a huge advocate of all of them, particularly from a climate point of view, is you still don’t have consumers adopting at a fast enough rate. Whereas in sugar and sugar alternatives, you have consumers looking every which way.”

This indicates a unique opportunity for sweet proteins to gain rapid adoption among consumers, leading to a massive shift in the way we consume and produce sweeteners, ultimately benefiting the environment.

Sweet Applications

Oobli is just beginning to explore the potential applications of sweet proteins. Currently, they’re focusing on chocolates and fruity sweet teas. However, Ali believes that sweet proteins have a particularly significant role to play in the beverage industry. She notes that 40% of our daily added sugar comes from liquids, which has been the primary change in our diets over the last 20 to 40 years.

“Taking [sugar] out and just filling the rest with water is a very quick fit. But it’s also a good reminder for everybody when they think about where they are with their overall health equation is really paying attention to the sugar load in drinks.”

Call to Action

I encourage you to listen to the full episode of the Climate Confident podcast to hear more about Oobli’s journey, the incredible potential of sweet proteins, and how they can play a pivotal role in addressing climate change and global health crises.

Listen to the full episode here or look for Climate Confident in your podcast app of choice, and it will be the most recent episode.

Sweet proteins are an exciting innovation that can help us combat climate change while improving our health. It’s time to embrace this sweet revolution and create a more sustainable, healthier future for all.

Finally, if you value receiving weekly actionable insights on sustainability and climate, you can always sign up to be a Supporter of the podcast for less than the cost of a cup of coffee.

Stay climate confident, and let’s make a change together!

Photo credit Tom Coates on Flickr

Mind the Gap
Climate Change, Climate Confident

Bridging the Gap: Richard Delevan on Climate Tech, IPCC Reports, and Empowering Change

Climate change is a complex and often overwhelming issue. That’s why it’s crucial to have experts who can not only help us understand the latest scientific reports but also guide us in finding innovative solutions. In a recent episode of my Climate Confident podcast, I had the pleasure of speaking with Richard Delevan (@rdelevan), a communications consultant who works with energy and climate tech companies. We discussed the latest IPCC synthesis report, the importance of climate tech solutions, and the power of effective communication in driving change.

Richard shared his insights on the IPCC report, emphasizing that while it paints a dire picture, there is still hope. He highlighted the significance of climate tech in mitigating the impacts of climate change, stating that “technology and innovation are essential, especially in the energy sector.” Richard also noted that while the IPCC report is grounded in science, it is still subject to a political process, and this can sometimes dilute the urgency of its message.

We also discussed the role of effective communication in the climate change conversation. Richard emphasized the importance of crafting a compelling narrative that moves beyond simply identifying villains and victims. Instead, he argued for a more inclusive approach that helps people understand their role in addressing climate change and encourages collective action.

One of the most inspiring aspects of our conversation was Richard’s perspective on the impact of young activists like Greta Thunberg. He believes that political leaders can learn valuable lessons from her ability to ask difficult questions and cut through the noise. The key, Richard explained, is to focus on creating a vision of a desirable future where everyone has a stake and can participate.

When asked what people should be paying more attention to, I pointed out the scarcity of climate news in mainstream media, especially when it comes to positive stories. That’s one of the reasons I started the Climate Confident podcast – to highlight the good news and inspire people to take action. As I mentioned in the episode, “hearing these good news stories every week, it stops me collapsing into a ball, sobbing on the floor, throwing my hands up in despair.”

I encourage you to listen to the full episode with Richard Delevan for a deeper understanding of the latest IPCC synthesis report, the power of climate tech, and the importance of effective communication in driving climate action. Let’s face the future with a bit of humor, humility, and the knowledge that together, we can make a difference.

Click here to listen to the full episode and subscribe to the Climate Confident podcast. Don’t forget to check out Richard’s LinkedIn profile and sign up for his Week in Climate Tech newsletter for more insights.

Finally, if you value receiving weekly actionable insights on sustainability and climate, you can always sign up to be a Supporter of the podcast for less than the cost of a cup of coffee.

Stay climate confident, and let’s make a change together!

Photo credit Ryan Orr on Flickr

Airbus Zeroe Fuel Cell demonstrator aircraft
Climate Confident

Title: Debunking the Hydrogen Hype: Michael Barnard on the Future of Energy

In the latest episode of the Climate Confident podcast, I dive deep into the world of hydrogen and its role in our sustainable future. My guest, Michael Barnard (@mbarnardca on Twitter), Chief Strategist of The Future Is Electric (@tfie1 on Twitter), shares his expert insights on the viability of hydrogen as an energy source and its potential to transform industries.

As we face the challenge of mitigating climate change and transitioning to a low-carbon economy, hydrogen has been hailed as a miraculous energy solution. However, Michael Barnard debunks some of the most common myths surrounding hydrogen’s potential, offering a reality check on its limitations and the role it may truly play in our future.

One key takeaway from the conversation is Michael’s assertion that “hydrogen is a terrible battery.” He explains that hydrogen has low energy density and high conversion losses, making it a less efficient energy storage solution than widely believed. Michael also emphasizes that hydrogen’s role in aviation and marine transport is overhyped, with its chances in these sectors being slim.

Michael goes on to discuss the factors driving the hydrogen hype, particularly the influence of the fossil fuel industry. He suggests that governments and industries are promoting hydrogen to keep fossil fuel infrastructure relevant, even as the world moves towards a more sustainable energy mix. As Michael puts it, “There’s a moral case for fossil fuels, but it’s now over.”

Furthermore, Michael delves into the challenges faced by the fossil fuel industry and the role hydrogen may play in their future. He highlights the complexities and potential impacts of hydrogen production from fossil fuels, particularly in countries like Canada and Norway.

One of the most thought-provoking moments in the conversation is Michael’s exploration of hydrogen’s potential in decarbonizing industrial heat production. While some proponents of hydrogen argue that it could play a significant role in this sector, Michael remains cautious, emphasizing the need for more research and innovation to fully understand its capabilities.

Throughout the episode, Michael maintains a bold vision for a sustainable future, stating, “We don’t want the fossil fuel industry around anymore.” He believes that electrification and renewable energy sources will replace fossil fuels over time, and that hydrogen will only play a limited role in the broader energy transition.

In conclusion, this eye-opening conversation with Michael Barnard sheds light on the reality of hydrogen’s role in our sustainable future. It provides listeners with a much-needed reality check, urging them to look beyond the hype and focus on the facts. To learn more about Michael’s work and gain a deeper understanding of hydrogen’s potential and limitations, listen to the full episode of the Climate Confident podcast here.

Finally, don’t forget to follow the Climate Confident podcast for weekly inspiring stories and remember, if you value receiving weekly actionable insights on sustainability and climate, you can always sign up to be a Supporter of the podcast for less than the cost of a cup of coffee.

Photo copyright ©Airbus SAS 2021

Bridgette McAdoo profile pic
Climate Confident, sustainability

From Bronze to Gold: How Genesys is Driving Sustainability in Its Supply Chain with Bridgette McAdoo

I recently had the opportunity to host Bridgette McAdoo, the Chief Sustainability Officer of Genesys, on my Climate Confident podcast. Bridgette is a seasoned sustainability professional who has been in the field for over 15 years. During the episode, she shared her insights on the role of sustainability in business and the future of ESG (Environmental, Social, and Governance) reporting.

Bridgette explained how her role as CSO of Genesys came to be. It was a top-down approach from the CEO and Chief Strategy Officer, who wanted the company to be rooted in empathy and sustainability. This is a stark contrast to the typical scenario where a CSO role is created as a result of a crisis or a regulatory requirement. Bridgette shared that the CEO and Chief Strategy Officer’s commitment to sustainability makes her job much easier, and this, in turn, allows the company to focus on its core objective – reducing its carbon footprint.

One of the highlights of the episode was Bridgette’s discussion on the differences between sustainability, ESG, and CSR (Corporate Social Responsibility). She believes that ESG has gained momentum as it is tied to investor relations and how companies are financially reviewed. On the other hand, CSR is usually associated with community engagement and volunteerism. Bridgette argues that the term sustainability has been diluted and the idea is to have a holistic approach that integrates all the different elements rather than separating them into different teams.

Bridgette agrees that ESG leads to increased employee engagement, lower cost of attracting and retaining customers, and happy investors. Surveys have shown that 70% of employees and consumers are looking for sustainable and responsible companies. ESG has also had a significant impact on finance, as impact investing and ESG investing have tripled in the past few years, making it easier for companies to access capital.

McAdoo speaks about the reporting of sustainability and the difficulty in measuring it compared to traditional financial reporting. She believes that in the next 5-10 years, sustainability reporting will be similar to financial reporting. However, there is currently a lack of standards in ESG reporting which is causing some ambiguity. McAdoo shared that at Genesys, sustainability is supported from the top by CEO Tony Bates and Chief Strategy Officer Peter Graf, as well as from ground level employees through various initiatives, such as sustainability ambassadors and community volunteerism.

Bridgette mentions that Genesys actively benchmarks with other organizations and participates in various coalitions to stay informed about best practices. They also utilize platforms like Ecovadis and CDP and partner with peer companies to survey their supply chains. In the past year and a half, Genesys has moved from a bronze rating to a gold rating from Ecovadis, and improved their CDP score from a D to a B. Bridgette emphasizes that they are actively trying to be a leader in sustainability and to bring everyone within the company and their partners along this journey.

The Climate Confident podcast aims to bring you inspiring stories from sustainability leaders, and this episode was no exception. I highly recommend you listen to the full episode to learn more about Bridgette McAdoo’s journey, her insights on ESG and sustainability reporting, and Genesys’ sustainability initiatives.

Don’t forget to follow the Climate Confident podcast for more inspiring stories and remember, if you value receiving weekly actionable insights on sustainability in business, you can always sign up to be a Supporter of the podcast for less than the cost of a cup of coffee.

Wheat field
Climate Change

Climate Solutions on the Farm: How eAgronom’s platform is revolutionising sustainable agriculture

Agriculture is one of the most critical industries when it comes to climate change. Not only does it play a major role in producing the food we rely on, but it also impacts our environment and natural resources in countless ways. This is why it’s so important to have a conversation about sustainable and responsible agricultural practices, and that’s exactly what the latest episode of my Climate Confident podcast aims to do.

In this latest episode, I had the pleasure of speaking with Robin Saluoks, CEO of eAgronom. In this episode, we delve into the world of sustainable farming and how technology can play a vital role in reducing emissions in the agricultural industry.

Robin shared with us how his family’s organic grain farm in Estonia prompted him to develop eAgronom, a tool for farmers to manage their operations, including financial reporting and people management. But as time passed, the tool evolved to include carbon and greenhouse gas tracking, as it’s crucial for farmers to consider the environmental impact of their decisions.

One of the key takeaways from the episode is the importance of precision in farming. Robin explains how precision fertilization and precision farming can lead to more efficient use of resources, and ultimately lower emissions. He also touched on the benefits farmers can receive by implementing sustainable practices, such as carbon credit income and sustainable loans with lower interest rates.

Another interesting topic we discussed is the role of food companies and land owners in promoting sustainable farming. Robin mentioned how some food companies are starting to offer a premium for food grown with lower emissions, and how some land owners are offering reduced rental rates to farmers who adopt sustainable practices.

Overall, this episode provides valuable insights into how technology and sustainable practices can benefit both farmers and the environment. If you’re interested in learning more about sustainable farming and the role of technology in reducing emissions, be sure to listen to this episode and follow the Climate Confident podcast for more updates and discussions on this and all Climate topics.

As a reminder, I release a new episode every Wednesday, and you can find it on the Climate Confident website, and in all podcast apps.

Photo credit Beyond Coal & Gas Image Library

Nick Lund, National Parks Conservation Association, 2014. Photo courtesy of FracTracker Alliance
Climate Change

Climate Solutions in Action: An In-Depth Look at Tradewater’s Efforts to Combat Greenhouse Gases

The latest episode of my Climate Confident Podcast features a conversation with Tim Brown, the CEO of Tradewater. Tradewater is a company that is focused on collecting, controlling, and destroying greenhouse gases with the goal of making the biggest impact possible, as fast as possible.

During the podcast, Tim explains that as a mission-driven company, Tradewater is particularly interested in non-CO2 gases, which are short-lived climate pollutants that do their damage early on when they are released. The gases that Tradewater is currently focusing on include old refrigerants that are up to 10,900 times as potent as CO2, and methane from abandoned and orphaned oil and gas wells that are leaking methane into the atmosphere.

Tim also discussed the scale of the issue, with researchers at the Massachusetts Institute of Technology recently estimating that there are 9 billion metric tons of CO2 equivalent from these gases scattered around the world, most of them already in appliances, foams, building insulation, and other applications. On the HCFCs, which are lower in their global warming potential emissions factor, there are 5 billion metric tons of those gases deployed around the world.

Trade Water’s current goal is to reach a new baseline of 3 million metric tons per year, starting in 2023 and by 2028, they hope to have done 20 million tons of impact. Tim also shared that one of the most interesting aspects of their work has been the global dimension of it and how it has put them in contact with many interesting people around the world. They are always looking for partners and people who are knowledgeable about where these gases may exist, and they have done projects and are working in Honduras, Dominican Republic, Chile, Saudi Arabia, UAE, Bahrain, Zimbabwe, Egypt, Thailand and also have intentions to evaluate about 16 more countries this year.

One of the key takeaways from the podcast is that these gases are fungible in the atmosphere and collecting, controlling, and destroying them will benefit everyone. The global nature of this work highlights the magnitude of this problem, but it also presents an opportunity to work in a global context and bring this work up to scale.

The conversation with Tim was both informative and inspiring. It’s clear that Tradewater is making a significant impact in the fight against climate change, and I encourage listeners to check out the full episode to learn more about the work that they are doing. If you’re interested in learning more about the company or connecting with Tim, you can visit their website at tradewater.us or find him on LinkedIn.

And of course, be sure to follow the Climate Confident Podcast to stay up-to-date on the latest developments and solutions in the fight against climate change.

Photo credit FracTracker Alliance on Flickr