Podcast
Today, Explained
Akshat Rathi, a senior climate reporter for Bloomberg News, believes that capitalism can be part of the solution to climate change, despite having contributed to it. He argues that capitalism is evolving to address climate change with solutions such as electric vehicles and renewable energy sources.
Akshat's book is called Climate Capitalism, and it's stories from around the world about climate solutions that are starting to scale.
— Episode: It’s not easy being a green conservative
Episode: It’s not easy being a green conservative
Akshat Rathi, a senior climate reporter for Bloomberg News, believes that capitalism can be part of the solution to climate change, despite having contributed to it. He argues that capitalism is evolving to address climate change with solutions such as electric vehicles and renewable energy sources.
Akshat's book is called Climate Capitalism, and it's stories from around the world about climate solutions that are starting to scale.
You wrote a book called Climate Capitalism, and those are two words like conservative and environmentalist like Benji Bakker's book that don't typically go together.
The case I make in the book is that all around the world, there are different forms of capitalism, but they are now being forced to change to start to include either very explicitly the price of pollution or from other forms to try and reduce pollution and use the tools that capitalism has, which can do good, which can provide innovation, which can provide businesses that provide services that society wants.
China did not build this industry to lose money. China didn't say, hey, let's do this thing and take a loss for the next generation.
So there's no shortage of examples of how governments and businesses can work together to build the solutions we need.