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    Business

    Climate Positive

    Candid conversations with the leaders shaping a more sustainable future. Hosted by Gil Jenkins, Guy Van Syckle, Hilary Langer, and Kenny Gayles. Produced by HASI, a U.S.-based sustainable infrastructure investor.

    Advertise

    Copyright: © HASI

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    • Google Play
    • Spotify

    Latest Episodes:
    Ravi Mikkelsen | Changing your bank to fight climate change Jan 20, 2022
    Show notes

    In this episode, hosts Gil Jenkins and Chad Reed speak with Ravi Mikkelsen, co-founder of ATMOS Financial -- an exciting new climate fintech startup that offers ethical banking and savings accounts for a fee-free and climate positive future.

    Ravi and the ATMOS team are on a mission to develop the best technology solutions and banking experience available so that you never again have to give up convenience or yield for doing the right thing.

    Links:

    ATMOS Financial

    Ravi on LinkedIn

    Ravi on Twitter

    ATMOS on Twitter

    ATMOS on LinkedIn

    ATMOS Nonprofit Partners

    How ATMOS Calculates Carbon Impact

    Bros for Decarbonization

    Report: Banking on Climate Chaos 2021, Rainforest Action Network

    Episode recorded: January 12, 2022
    Email your feedback to Chad, Gil and Hilary at climatepositive@hannonarmstrong.comor tweet them to @ClimatePosiPod.

    Email your feedback to Gil, Guy, Hilary, and Kenny at climatepositive@hasi.com.


    Andrew Winston | Inspiring companies to become net positive Jan 06, 2022
    Show notes

    Profits should come not from creating the world’s problems but from solving them. Companies must ask themselves: Is the world better off because your business is in it? These are just a few of the urgent and inspiring lessons offered by the globally renowned sustainable business author and advisor Andrew Winston in his recent book, “Net Positive: Courageous Companies Thrive by Giving More Than They Take,” co-authored with Paul Polman, the visionary former CEO of Unilever.

    In this episode, host Gil Jenkins speaks with Andrew about the principles and practices of net positive companies that are outlined elegantly and colorfully in his seminal new book. Gil and Andrew talked at length about the growth of clean energy and sustainable businesses, what ultimately convinced Andrew to write his fourth book on the subject, and what makes his co-author’s journey so compelling and instructive for others. They also discussed the Golden Rule, why corporate climate advocacy is so important, the failure of shareholder primacy, and a whole lot more. We hope you enjoy this spirited conversation on how businesses can prosper while also helping to confront the massive dual challenges of climate change and rampant inequality.

    Links:

    Andrew’s Website

    Book: Net Positive

    Andrew on Twitter

    Andrew on LinkedIn

    Article: Sustainable Business Went Mainstream in 2021 (Andrew Winston, December 27, 2021)

    Article: Companies Must Find the Courage to Back Up Statements on Climate Action (Andrew Winston and Paul Polman, September 7, 2021)

    Episode recorded: December 15, 2021

    Email your feedback to Gil, Guy, Hilary, and Kenny at climatepositive@hasi.com.


    Lee Taylor | Measuring and maximizing the carbon impact of clean energy projects Dec 15, 2021
    Show notes

    U.S. power markets are evolving. Three factors—(1) the increasing penetration of generation from more intermittent renewable resources; (2) an increasing number of extreme weather events; (3) and the influx of new, especially corporate, buyers and sellers into the market—together are driving the development and adoption of new contracted revenue structures, risk management strategies, and products to measure emissions at a granular level.

    Born and bred to be an environmentalist, Lee Taylor founded REsurety nine years ago to develop new critical data analytics and risk management products to address the challenges faced by buyers and sellers in these evolving power markets.

    In this episode, host Chad Reed dives deep with Lee into the shift of focus from commodity price risk faced by fossil generation to volumetric risk faced by renewable generation. Chad also speaks with Lee about REsurety’s innovative Locational Marginal Emissions (LME) Product, which, by measuring emissions at a localized level, seeks to drive investment to clean energy projects with the highest impact on reducing carbon.

    Links:

    • REsurety
    • Locational Marginal Emissions (LME)
    • Proxy Revenue Swap
    • Lee Taylor on LinkedIn

    Note: Hannon Armstrong is a both client of and investor in Resurety.

    Episode recorded November 30, 2021

    Email your feedback to Gil, Guy, Hilary, and Kenny at climatepositive@hasi.com.


    Making buildings greener, healthier, and smarter for all | Donnel Baird, BlocPower Dec 01, 2021
    Show notes

    Leading analysts estimate that more than 7% of U.S. greenhouse gas emissions are generated by small-to-medium buildings. Too often, these buildings are terribly inefficient—wasting as much as 50% of the energy they consume, which significantly drives up energy bills—and unhealthy—with deadly viruses and other toxins circulating freely. What’s more, many of these buildings primarily serve low-to-moderate income Americans, who often lack the upfront capital needed for proven upgrades.

    In part driven by his childhood experience with energy poverty and the related localized pollution, Donnel Baird founded BlocPower seven years ago to ensure that everyone, especially those with lower incomes and/or from other disadvantaged backgrounds, has access to greener, healthier, smarter, and more cost-effective homes and buildings. To date, BlocPower has helped to identify, finance, and upgrade more than 1,200 buildings—many in communities that had previously been left behind in our transition to a greener economy.

    In this episode, host Chad Reed dives deep with Donnel into how his professional experiences in community organizing and with the Obama Administration led him to his entrepreneurial efforts to decarbonize buildings in disadvantaged communities. Chad also speaks with Donnel about how best to ensure all communities—whether in neglected urban areas or deindustrialized rural areas—share in the economic benefits of a cleaner, greener economy. We hope you find this discussion as inspiring and entertaining as we did.

    Links:

    BlocPower

    Washington Post: This US city just voted to decarbonize every single building

    Donnel Baird on LinkedIn

    Episode recorded: October 6, 2021

    Email your feedback to Gil, Guy, Hilary, and Kenny at climatepositive@hasi.com.


    ESG investing and its discontents | Tariq Fancy Nov 17, 2021
    Show notes

    The recent meteoric rise of ESG or sustainable investing is both compelling and undeniable. Today, more than 3,500 asset managers and related organizations representing more than $120 trillion in assets under management subscribe to the United Nations Principles for Responsible Investment (PRI), which are a set of voluntary and aspirational principles that encourage the incorporation of ESG factors into investment decisions.

    But as more and more professional investors publicly proclaim their ESG and sustainability bona fides, real questions persist as to both their sincerity and their actual impact on the pressing social and environmental challenges of our day—most notably, climate change.

    Tariq Fancy served as the first Chief Investment Officer for Sustainable Investing at BlackRock, the world’s largest asset manager. But since leaving the firm, he has become a prominent critic of the efficacy of ESG investing and the greenwashing efforts of many investment firms and a strong proponent of policy solutions to address climate change.

    In this episode, Chad Reed and Jeff Eckel dive deep with Tariq into the heart of ESG investing and the sustainable capitalism movement. We also speak with Tariq about the mission and initiatives of the education technology nonprofit he now leads—Rumie.

    Links

    The Secret Diary of a Sustainable Investor

    SEC Chair Gary Gensler: Prepared Remarks Before the Principles for Responsible Investment “Climate and Global Financial Markets” Webinar (07.28.21)

    United Nations Principles for Responsible Investment (PRI)

    Rumie

    Tariq Fancy on LinkedIn

    Email your feedback to Gil, Guy, Hilary, and Kenny at climatepositive@hasi.com.


    Bren Smith | Farming the ocean to fight climate change Nov 03, 2021
    Show notes

    In this episode, we talk with Bren Smith, a former commercial fisherman who is now the co-founder and co-executive director of Greenwave, a nonprofit dedicated to creating jobs and protecting the oceans through regenerative ocean farming.

    The oceans are taking a beating from climate change. It’s estimated that they have absorbed nearly a third of the carbon released by humans. This creates a whole host of problems as the carbon dissolves in saltwater, making it more acidic while making it harder for calcifying organisms like oysters and coral to grow.

    Fishermen like Bren are on the front lines of the changing climate, but Bren shares how the oceans can be a source of renewal. Bren discusses how his inexpensive system for regenerative ocean farming avoids the vices of land-based agriculture: it requires no inputs of pesticides, fresh water, or even land. But, it produces nutrient dense foods while absorbing carbon and nitrogen, creating habitat, reducing local ocean acidification, and mitigating the impact of storm surges. Bren shares what motivated him to provide open access to his farming designs, why he started a nonprofit, and how he evaluates new market opportunities that can support ocean farmers. Talking with Bren left us more optimistic about the future of the planet and we hope his story will inspire you as well.

    Links:

    Greenwave (includes visuals of the Renerative Ocean Farm)

    Patagonia Provisions Short Film on Kelp Farming and Greenwave

    Bren Smith’s book, “Eat Like a Fish”

    Episode recorded: September 16, 2021

    Email your feedback to Gil, Guy, Hilary, and Kenny at climatepositive@hasi.com.


    Empowering Indigenous communities to tackle energy poverty | Suzanne Singer, Executive Director of Native Renewables Oct 20, 2021
    Show notes

    In this episode, we speak with Suzanne Singer, Founder and Executive Director of Native Renewables, an Indigenous-led nonprofit organization that empowers Indigenous families to achieve energy independence by expanding renewable energy capacity and affordable access to off-grid power.

    It may be surprising to learn that by some estimates, up to one third of U.S. households suffer from some form of energy poverty, meaning that they find it difficult to afford the energy they need to heat and cool their homes and provide basic lighting, cooking, device charging, and entertainment. Energy poverty is a particular challenge for Indigenous communities, many of which are rural in nature and continue to rely on expensive and carbon-intensive diesel, kerosene, and other fossil resources for the limited electricity access they do enjoy. So, in this episode, we take a deep dive into this issue with Suzanne Singer, the Founder and Executive Director of Native Renewables.

    Growing up, Suzanne’s grandparents, members of the Navajo Nation, lacked access to electricity and running water. This, in part, inspired her to establish her organization, which is specifically focused on installing off-grid solar PV systems and batteries for community members of the Navajo and Hopi Nations. In addition to the origins, mission, and operations of her nonprofit, we also discuss Suzanne’s career transition from the prestigious National Research Laboratories to mission-driven entrepreneurship and the particular challenges faced by Indigenous women leaders.

    We hope you enjoy the conversation as much as we did.

    Note: The Hannon Armstrong Foundation provided a grant to support the efforts of Native Renewables.

    Links:

    Native Renewables

    Suzanne Singer Bio

    Tó Nizhóní Ání

    Email your feedback to Gil, Guy, Hilary, and Kenny at climatepositive@hasi.com.


    Reinventing farming on a changing planet | Jonathan Webb Oct 06, 2021
    Show notes

    In this episode, we speak with Jonathan Webb, Founder and CEO of AppHarvest.

    AppHarvest, which went public in 2021, is building some of the largest indoor farms in the world, combining conventional agricultural techniques with today’s technology to grow non-GMO, chemical-free produce to be sold to the top 25 U.S. grocers. The company’s first controlled-environment agriculture facility, opened in 2020 in Morehead, Ky., spans 60 acres. It uses 90% less water than a typical farm because of a sophisticated circular irrigation system and 10-acre rainwater retention pond.

    In conversation with Gil and Chad, Jonathan talked about the unique aspects of AppHarvest’s business, his personal journey in starting the company, the parallels of ag-tech with the solar revolution, the specific advantages of Controlled Environment Agriculture, what it’s like to experience rapid growth while maintaining a culture of excellence, how ESG drives their business, and much more. We hope you enjoy this spirited conversation with a passionate climate solutions entrepreneur as much as we did.

    Bio

    Jonathan Webb LinkedIn

    Jonathan Webb Twitter

    AppHarvest Twitter

    AppHarvest Website

    AppHarvest 2020 ESG Report

    Article: Is This Giant Greenhouse in Kentucky the Future of Farming? (Rolling Stone, August 22, 2021)

    Article: Martha Stewart’s recipes using AppHarvest tomatoes

    Email your feedback to Gil, Guy, Hilary, and Kenny at climatepositive@hasi.com.


    The origins of U.S. renewables | Michael Eckhart Sep 23, 2021
    Show notes

    In this episode, we speak with Michael Eckhart, former Global Head of Environmental Finance at Citigroup, founding chairman and former president of the American Council on Renewable Energy (ACORE), and co-author of the Green Bond Principles. Michael now serves as a board member for Hannon Armstrong and as an adjunct and visiting professor at Columbia University and the University of Maryland, respectively.

    Michael discusses the history of the global clean energy financing space, the benefits of financing—rather than funding—renewable energy, what the Green Bond Principles offer the market, how today’s clean energy financing models evolved, and more.

    Links:

    Michael Eckhart Bio

    American Council on Renewable Energy

    ACORE Finance Forum

    International Capital Market Association Green Bond Principles

    International Solar Energy Society


    Episode recorded August 25, 2021

    Email your feedback to Gil, Guy, Hilary, and Kenny at climatepositive@hasi.com.


    Insuring for accelerated climate change impacts | Sara Kane Sep 09, 2021
    Show notes

    Sara Kane is the co-leader of the Power and Renewables Practice at CAC Specialty, an integrated specialty insurance brokerage business. She has focused on assessing, pricing, and insuring against climate risk for more than a decade. In this episode, Sara and Chad Reed discuss the impact of the increasing number and severity of catastrophic weather events on renewable energy projects as well as the sobering findings of the Intergovernmental Panel on Climate Change’s recent Sixth Assessment Report, the promise of professional career growth from crisis situations, the difference gender diversity makes in the workplace, and much more.

    Links:

    Sara Kane LinkedIn

    CAC Specialty Natural Resources Practice Group

    Intergovernmental Panel on Climate Change (IPCC) Sixth Assessment Report (August 2021)

    NOAA National Centers for Environmental Information (NCEI) U.S. Billion-Dollar Weather and Climate Disasters (2021)

    Insurance Insider: Maturing renewable energy market balances growth with sustainable pricing (August 2021)

    Episode recorded August 17, 2021

    Email your feedback to Gil, Guy, Hilary, and Kenny at climatepositive@hasi.com.


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