Welcome back to Climate+! This is Episode 3, with another great guest - McGee Young, founder and CEO of WattCarbon.
In this episode, McGee and I discuss the challenges of measuring, verifying, and valuing actual climate impacts of renewable energy production.
This is vital: climate change is driven by greenhouse gas emissions, greenhouse gas emissions reductions are driven by an electrified economy running on renewable power, and renewable power is driven by an eye-watering amount of investment: $1.8 trillion (with a “T”) dollars in renewable energy in 2023 alone, with projections of over $3 trillion per year by 2033.
Here's the rub: studies are beginning to show that the way we purchase renewable energy and measure its climate benefits might in fact do little or nothing to cut actual emissions.
So whether you worry about money or climate or (like me) both, this is big big deal: both to understand and to solve. The profit side has been easy to measure but ...
How have we measured climate benefit?
Where is that method falling short?
Most importantly, how can we do it better?
Check it out -- and please comment, share, repost to anyone who might enjoy this or other Climate+ discussions!
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