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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 US Policy and Regulatory Strategy for National Grid, joins Paul to discuss the construct of the program, who it's likely to impact, and what to expect as it navigates its way through this preliminary structuring phase.

For further reference:

Karsten Barde

New York Cap and Invest

Regional Greenhouse Gas Initiative

Preproposal Stakeholder Outreach - Preliminary Scenario Analyses

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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 catalyze this funding source.

For the Eight Minutes version, visit here

For further research:

Randall Kempner

The Aspen Institute's Energy & Environment Program

The Global Methane Hub

Much Alarm, Less Action: Foundations & Climate Change - The Center for Effective Philanthropy

Global Energy Alliance for People & Planet

Giving to Amplify Earth Action - World Economic Forum

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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 electrify existing vehicles today.

If you want to hear the Eight Minutes overview of Paul's interview with Mike, visit Eight Minutes

For further reference:

Mike Roeth

North American Council for Freight Efficiency

Calstart - Medium and Heavy Duty EV Deployment: Data Collection

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