Green energy: Finance
How is the world going to get to net zero by 2050 and who is paying the bill?
How is the world going to get to net zero by 2050 and who is paying the bill? Former governor of the Bank of England, and UN Special Envoy on Climate Action and Finance, Mark Carney, recently put the figure we need to spend at 100 trillion dollars at least. Switching to renewable sources of energy, needs the global financial markets to pay for the necessary infrastructure. Costs will come down as the technology improves; take the example of solar panels where the last two decades have seen an astounding 96% drop, from 10 dollars a watt to 25 cents.
Allan Little investigates innovate companies investing in green energy; direct air carbon capture technology and a plant producing the greenest aluminium in the world thanks to geothermal power. But the road to net zero is fragile, and vulnerable to geopolitical events. Every solution to global warming has an impact and unintended consequences. What is the real cost of getting to net zero?
Presenter: Allan Little
Producer: Anna Horsbrugh-Porter
Editor: Susan Marling
A Just Radio production for 大象传媒 World Service
(Photo: Solar power plant, in Fujian Province, China. Credit: Getty Images)
Last on
More episodes
Next
Coming soon
Broadcasts
- Wed 31 Aug 2022 01:32GMT大象传媒 World Service
- Wed 31 Aug 2022 08:06GMT大象传媒 World Service
- Wed 31 Aug 2022 12:32GMT大象传媒 World Service East and Southern Africa, South Asia, West and Central Africa & East Asia only
- Wed 31 Aug 2022 19:06GMT大象传媒 World Service except East and Southern Africa & West and Central Africa
- Sun 4 Sep 2022 10:32GMT大象传媒 World Service except East and Southern Africa, Europe and the Middle East & West and Central Africa
Podcast
-
The Compass
With ideas too big for a single episode, The Compass presents mini-series about society