Shift Key with Robinson Meyer

Two years ago this week, President Joe Biden signed the Inflation Reduction Act, the largest investment in clean energy and climate mitigation in American history. It contained roughly two dozen new or expanded tax credits that will — if the forecasts bear out — provide hundreds of billions of dollars in funding over the next decade. The administration is now rushing to finalize those provisions before the November election. 

Perhaps no official has been more central to setting up those tax credits than Wally Adeyemo, the deputy secretary of the U.S. Treasury Department. He is also the Treasury’s No. 2 official and chief operating officer. Adeyemo has led the agency’s effort to implement the climate law, overseeing a group of tax lawyers and political appointees who are critical to the legislation’s ultimate success. He joins Shift Key this week to help us kick off our second season and talk about how the effort to implement the climate law is going, what could stand in its way, and why he wants some kind of permitting reform.

Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.

Mentioned: 

The First IRA Tax Credit Data Is In

Senator Manchin and Senator Barrasso’s permitting reform proposal

Why Energy Wonks Love the Permitting Deal

The Inflation Reduction Act: A Summary

Jesse’s upshift, Rob’s shift.

--

This episode of Shift Key is sponsored by …

Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.

As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.

Antenna Group helps you connect with customers, policymakers, investors, and strategic partners to influence markets and accelerate adoption. Visit antennagroup.com to learn more.

Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

The world uses about 30 billion tons of concrete every year — more than any other material except water. It is the most ubiquitous human-made substance in the global economy. It’s also a huge climate problem. Producing cement, which is the key ingredient in concrete, generates roughly 8% of global annual greenhouse gas emissions.

Cody Finke has a plan to change that. He is the chief executive officer and cofounder of Brimstone, a startup that says it can cheaply produce ordinary Portland cement — the kind used in construction worldwide — without carbon emissions. This week, Rob chats with Finke about why cement’s carbon emissions aren’t from fossil fuels, why there are fewer cement plants than you might think, and the all-important difference between cement and concrete. 

This episode of Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap. Jesse Jenkins is on vacation. 

Mentioned: 

Brimstone

There Will Soon Be More Concrete Than Biomass on Earth

Projecting future carbon emissions from cement production in developing countries

--

This episode of Shift Key is sponsored by …

Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.

As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.

Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

Shipping is the backbone of the modern economy. At least 80% of all goods worldwide are shipped as ocean cargo, and the global economy rises and falls on the free movement of gigantic ships across the sea. But container ships and bulk carriers burn what’s known as bunker fuel, one of the dirtiest fossil fuels. The international shipping industry generates 3% of global carbon emissions, a proportion that’s projected to rise through the century. 

Most proposals to decarbonize ocean freight have focused on using ammonia or other zero-carbon liquid fuels. But Fleetzero, a Bill Gates-backed startup, is trying to use the only technology that it says can get cheap enough to compete with oil: batteries. The Alabama-based company is building batteries big enough to hybridize — and, eventually, power outright — the world’s largest ships.  

This week, Rob chats with Steven Henderson, the cofounder and CEO of Fleetzero and a graduate of the U.S. Merchant Marine Academy. They talk about Steven’s history in the oil and gas industry, why batteries will beat liquid fuels, and how to put out a fire in the middle of the ocean. 

This episode of Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap. Jesse Jenkins is on vacation.

Mentioned:

Fleetzero

The Emma Maersk, the world’s largest ship at the time of its construction in 2006

The legal and regulatory background on the Jones Act

--

This episode of Shift Key is sponsored by …

Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.

As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.

Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

Jesse is on vacation until August, so this is a special, Rob-only summer episode of Shift Key.

Over the past few weeks, the U.S. Supreme Court has profoundly changed how the federal government does its day-to-day work. In a series of landmark rulings, the high court sharply curtailed the ability of government agencies — including the Environmental Protection Agency — to write and enforce rules and regulations.

That will change how the federal government oversees the products we buy, the air we breathe, and the water we drink. But it could also alter how the government regulates heat-trapping greenhouse gas pollution.

But how, exactly, will these new rulings affect climate law? And is there an upside to the deregulatory revolution? This week, Rob holds a roundtable with two environmental law experts about what the high court’s rulings mean for America’s decarbonization project — and whether the court just inadvertently made the country’s already burdensome permitting process even worse. They are Jody Freeman, a Harvard law professor and former Obama administration lawyer, and Nicholas Bagley, a University of Michigan law professor.

This episode of Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap.

Mentioned: 

This year’s four big decisions: Loper Bright, Corner Post, Jarkesy, Ohio v. EPA

The Supreme Court Is Slowly Breaking the EPA

How the Supreme Court Just Changed Climate Law, According to 9 Lawyers

The Big Winners of This Supreme Court Term, by Nicholas Bagley 

Other important cases to know: 

• Massachusetts v. EPA established that the agency could regulate greenhouse gas pollution

• West Virginia v. EPA codified “the major questions doctrine”

--

This episode of Shift Key is sponsored by …

Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.

As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.

Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

Jesse is on vacation until August, so this is a special, Rob-only summer episode of Shift Key.

—

The far right is rising across Europe. The global order seems to be deteriorating. And American politics is careening toward a crisis. Where does climate policy go from here? 

On this week’s episode of Shift Key, Rob chats with two leaders at Breakthrough Energy, the Bill Gates-funded climate venture capital and advocacy group. They are Ann Mettler, a former EU official who is now Breakthrough’s vice president for Europe, and Aliya Haq, its vice president for U.S. policy and advocacy. We talk about why Europe was surprised by the Inflation Reduction Act, where American policy goes from here, and how to prepare climate policy for an era of rising geopolitical tensions and security concerns. 

This episode of Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap. 

Mentioned:

More on the Breakthrough Energy Summit

Macron’s frustration with the IRA

Europe’s Green Deal

How anxiety over China is reshaping the global economic order

The latest statement from the EU-U.S. Trade and Technology Council

--

This episode of Shift Key is sponsored by …

Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.

As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.

Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

Congress just passed perhaps its  biggest support for zero-carbon energy since the Inflation Reduction Act. The ADVANCE Act, which the Senate adopted overwhelmingly last week, aims to keep America at the cutting edge of the global nuclear industry by cutting regulatory fees, making it easier for U.S. companies to build nuclear power plants abroad, and reforming the agency that oversees it all, the Nuclear Regulatory Commission. 

On this week’s episode of Shift Key, Rob and Jesse talk with Ryan Norman, a senior policy advisor at Third Way’s climate and energy program, about how America got here. We talk about why nuclear is such a bipartisan issue, what the ADVANCE Act will actually do, and how soon new nuclear power plants could actually get built. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.

Mentioned: 

Nuclear Energy Is the One Thing Congress Can Agree On

Everyone Wants Nuclear Now, But Will Anyone Pay For It?

A summary of the ADVANCE Act from the law firm Hogan Lovells  

Third Way’s update on the state of the nuclear industry

How the Inflation Reduction Act supports nuclear energy

Rob’s downshift; Jesse’s downshift

--

This episode of Shift Key is sponsored by …

Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.

As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.

Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

China’s electric vehicle industry has driven itself to the center of the global conversation. Its automakers produce dozens of affordable, technologically advanced electric vehicles that rival — and often beat — anything coming out of Europe or North America. The United States and the European Union have each levied tariffs on its car exports in the past few months, hoping to avoid a “China shock” to their domestic car industries. 

Ilaria Mazzocco has watched China’s EV industry grow from a small regional experiment into a planet-reshaping juggernaut. She is now a senior fellow with the Trustee Chair in Chinese Business and Economics at the Center for Strategic and International Studies in Washington, D.C.

On this week’s episode of Shift Key, Rob and Jesse talk with Ilaria about how the industry got so big, what it means for the world, and how to think about its environmental and national security impacts. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.

Mentioned:

Why Ford and GM are scared of Chinese electric cars

President Biden’s announcement of new tariffs on Chinese EVs.

The EU’s lower tariffs on Chinese EVs

Trouble for Gotion's Michigan plant

Rob on the Biden administration’s China thought

Rob’s upshift; Jesse’s upshift.

--

This episode of Shift Key is sponsored by…

Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.

As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.

Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

Have you looked at your power bill — like, really looked at it? If you’re anything like Rob, you pay whatever number appears at the bottom every month and drop it in the recycling. But how everyone’s power bill is calculated — in wonk terms, the “electricity rate design” — turns out to be surprisingly important and could be a big driver of decarbonization.

On this week’s episode of Shift Key, Rob and Jesse talk about why power bills matter, how Jesse would design electricity rates if he was king of the world, and how to fix rooftop solar in America. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.

Mentioned:

Shift Key’s rooftop solar series, featuring Mary Powell, Severin Borenstein, and Heatmap’s own Emily Pontecorvo

Jesse’s distributed energy research at MIT

Australia’s Solar Choice Price Index

More on Texas’ Griddy debacle

Leah Stokes et al. on utilities’ climate record

Rob’s upshift; Jesse’s upshift

--

This episode of Shift Key is sponsored by…

Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.

As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.

Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

Rooftop solar is four times more expensive in America than it is in other countries. It’s also good for the climate. Should we even care about its high cost? 

Yes, says Severin Borenstein, an economist and the director of the Energy Policy Institute at the University of California, Berkeley’s Haas School of Business. In a recent blog post, he argued that the high cost of rooftop solar will shift nearly $4 billion onto the bills of low- and middle-income Californians who don’t have rooftop solar. Similar forces could soon spread the cost-shift problem across the country. 

On this week’s episode of Shift Key, Rob and Jesse talk with Borenstein about who pays for rooftop solar, why power bills are going up everywhere, and about whether the government should take over electric utilities. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.

Mentioned:

California’s Exploding Rooftop Solar Cost Shift

What rooftop solar costs customers without it, from the California Public Advocates Office

Borenstein on California’s new income-graduated fixed electricity charge

Borenstein on what constitutes a fair electricity bill

Jesse’s upshift; Rob’s downshift.

--

This episode of Shift Key is sponsored by…

Watershed’s climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.

As a global leader in PV and ESS solutions, Sungrow invests heavily in research and development, constantly pushing the boundaries of solar and battery inverter technology. Discover why Sungrow is the essential component of the clean energy transition by visiting sungrowpower.com.

Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.

Why isn’t rooftop solar cheaper in America? In Australia in 2024, a standard rooftop system can cost as little as $0.90 per watt. In the U.S., a similar system might go for $4 per watt. If America could come even close to Australia’s rooftop solar prices, then we would be able to decarbonize the power system much faster than we are now.

Mary Powell has the answers. She is the chief executive officer of Sunrun, a $2.6 billion company that is the largest rooftop solar and battery installer in the U.S. Sunrun has set up or managed more than 900,000 rooftop systems across the U.S. Powell previously led Green Mountain Power, Vermont’s largest investor-owned power company.

On this week’s episode of Shift Key, Rob and Jesse talk about how the rooftop solar business works and what’s driving America’s higher costs. Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap, and Jesse Jenkins, a professor of energy systems engineering at Princeton University.

Previously on Shift Key: Does Rooftop Solar Actually Help the Climate?

Mentioned:

What solar panels cost in Australia

The Department of Energy’s quarterly solar update

Introduction to solar soft costs

–

This episode of Shift Key is sponsored by…

Watershed's climate data engine helps companies measure and reduce their emissions, turning the data they already have into an audit-ready carbon footprint backed by the latest climate science. Get the sustainability data you need in weeks, not months. Learn more at watershed.com.

FischTank PR uses its decade-plus experience working in the climate tech space to introduce clients to top-tier journalists at the right time, for the right story. We don’t tire-spin — we take action and understand we are hired to get results. To learn more, visit fischtankpr.com.

Music for Shift Key is by Adam Kromelow.

Hosted on Acast. See acast.com/privacy for more information.