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On space solar, EU methane rules, and solar tariffs
Current conditions: For the first time since 1914, the Atlantic hurricane season may pass without any major hurricanes, per an AccuWeather forecast • From Phoenix to Dallas, flood watches are in effect as the remnants of Hurricane Polo stretch inland from the Pacific through the Southwest • Surigae, now upgraded to a “severe” tropical storm, is set to slam into Japan’s Izu Islands, a partially populated archipelago in the same municipality as Tokyo.
The Department of Energy has ordered the release of 40 million barrels of oil from the Strategic Petroleum Reserve as diesel surpasses $6.50 per gallon and Texas proclaims a statewide “disaster” over soaring prices. The move, which Secretary of Energy Chris Wright said would “stabilize the market,” comes as the Trump administration weighs whether to temporarily ban exports of diesel, a radical step that might only slightly lower American prices while sending Europe’s fuel costs skyrocketing, as the chief executive of the continent’s No. 2 oil company cautioned in a Bloomberg interview this week. The oil is expected to be a loan from the stockpile that would, Wright said, ultimately save Americans more than $3 billion. The transaction follows the same approach the Trump administration has taken since agreeing to distribute 172 million barrels from the Strategic Petroleum Reserve back in March, when the war with Iran began. Had the administration instead sold the barrels through an emergency drawdown instead of a trade, as it did previously, and simultaneously structured the deal to allow it to buy back oil at the lower prices the futures market is trading at presently, the Energy Department could have significantly increased its profits. That’s the finding of a policy memo from the think tank Employ America that I told you about a few weeks ago. The profit could, in turn, be used to invest in America’s fuel stockpile, clearing some of the $230 million backlog of physical repairs needed on the infrastructure that stores the crude. “The choice to deliver more barrels is fraught, but with that decision made, the administration missed an opportunity to set up the SPR for long-term success,” Arnab Datta, Employ America’s managing director of policy implementation, told me in a text message last night. “I hope they consider creative options to do so moving forward.”
Meanwhile, oil is actually flowing through the Strait of Hormuz again. “Iran’s regime has lost control of the Strait of Hormuz,” energy investor Alexander Stahel wrote in a lengthy post on X. The U.S. military’s naval escorts and the United Arab Emirates’ commitment to circumventing Iran’s blockade are returning the critical waterway to “normal,” as my colleague Robinson Meyer wrote. Over text message last night, I asked an energy trader if this meant we were winning. “I’d say we’re losing less than we had been,” they said. “If Iran hadn’t gotten the Houthis to attack Saudi Arabia and seize the Red Sea, we’d definitely be.” Big if!
British Prime Minister Andy Burnham emerged triumphant from the Labour Party’s recent political implosions after he established himself as a pragmatic left-wing populist during his time as mayor of Manchester — drawing frequent comparisons to New York City Mayor Zohran Mamdani. Now Burnham is demonstrating what his brand of “business-friend socialism” means in energy. On Tuesday, Downing Street announced the launch of Great British Grid, a new subsidiary of the state-owned Great British Energy, designed to compete with private companies for investments in the power grid. “We have a cost crisis. We all know it,” Burnham said in a speech, according to The Guardian, which broke news of GB Grid. “The price of energy is crippling for businesses, and British bill payers pay some of the highest energy costs in Europe. We have an energy system where prices are dictated in markets miles away, while families and businesses here shoulder the costs. Once again, the British public has lost control.” His answer? Reverse what he called “40 years of neoliberalism.” Over here on this side of the pond, we are waiting to see what’s in the deal the Senate has brokered to ease federal permitting, one of many hurdles to building new transmission lines in America. The text of the agreement is due out later today.
Down in the South Atlantic, things are heating up in the Falkland Islands, even as temperatures outside remain low. The archipelago has never had a native population — as far as anyone can tell, the longest-lasting settled population has been the mostly British herders and fishers who have voted repeatedly to stay under the British crown. That didn’t stop Argentina, which has claimed what it calls Las Malvinas for centuries, from launching an invasion in 1983, in which the British military won a decisive victory. Now that the sleepy Falklands are preparing to drill oil wells in the offshore economic zone surrounding the islands, Buenos Aires is waging what one Falklander described to the Financial Times as “economic warfare.” Instead of Union Jacked Sea Harriers and Argentinian light cruisers doing the combat, this time Argentina is limiting trade, isolating the Falklands. “We’re just a few thousand people trying not to get blown off a rock,” local radio host Ronnie MacLennan Baird told the newspaper. “We just want to get on with our lives.”

Lots of solar developers are promising to compete with nuclear, geothermal, and hydro plants in generating the type of electricity that matches today’s favored buzzwords of “24/7,” “clean,” and “baseload” by pairing panels with batteries. Few companies, for obvious reasons, actually mean generating solar energy all day and night. Virtus Solis Technology, on the other hand, is promising to pioneer a method for delivering solar power generated from panels affixed to satellites in space, capable of angling at every hour to meet the sun’s rays and beaming wireless power back down to Earth. It’s hardly the only developer reaching for solar in space. But the Troy, Michigan-based startup is the first to get someone to agree to buy that electricity. On Wednesday, the company inked its first power purchase agreement to sell electricity from its debut, 100-megawatt solar satellite to the Chicago-based data center developer Brae Systems over the next 20 years. Virtus Solar called it the “first in a series of commercial offtake agreements” expected in the next several months. As part of the deal, Virtus Solar will build a “dedicated terrestrial receiving station to be constructed in Illinois.” The contract includes an option to increase capacity to 250 megawatts within three years of commercial operations. “Securing a direct 20-year supply of firm, clean power from Virtus Solis ensures our GPU infrastructure operates with predictable power costs and zero carbon emissions, completely insulated from terrestrial grid curtailment,” Brae Systems CEO Vishnu Indukuri said in a statement.
Other frontier energy sources have evolved quickly from plans to deals. Commonwealth Fusion Systems, the current frontrunner in America’s fusion startup race, signed its inaugural power purchase agreement with Google last year. Now the spinout from the Massachusetts Institute of Technology is attracting institutional investors, as my colleague Katie Brigham has written, and inching closer to building out its supply chain. On Wednesday morning, the company announced what it called a “landmark supply agreement” with the Japanese industrial giant Fujikura to buy more than 6,200 miles of high-temperature superconducting tape to help build CFS’ doughnut-shaped ARC fusion reactors.
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As of now, the European Union is set to start forcing foreign oil and gas companies to monitor and submit data on their methane emissions or face financial penalties. But Brussels is now considering delaying the methane reporting rules by as much as a year as tight fuel supplies send prices ever higher amid the twin energy shocks from the wars in Iran and Ukraine. On Tuesday, Reuters and OilPrice.com reported that EU Energy Commissioner Dan Jorgensen had confirmed that officials are examining whether to postpone the provisions. The statement came days after Jorgensen made a similar remark to Bloomberg.
Meanwhile, Jorgensen’s native Denmark is heeding the former U.S. Energy Secretary Ernie Moniz’s call to invest more in clean fuels. On Tuesday, Hydrogen Insight reported that the country planned to increase its budget for building a network of dedicated hydrogen pipelines by $850 million.
When I used to think about the Rhine River, the first thing that came to mind was a song off my favorite album from high school. Written and performed by Beirut, the stage name of an American guy who galavanted around Europe making folksy songs that sounded straight out of an American teenager’s romantic notion of an Old World beer hall, the song was called “Rhineland.” Over mournful horns and a plunky mandolin, the song repeats a refrain: “Life, life was all right on the Rhine,” bringing to mind some kind of bucolic interwar existence in an ill-fated era of European history. Two decades later, I can’t tell which has changed more, me or the place I was imagining. The correct answer is probably “both,” but the clearest answer today is the latter. Levels at a key gauge of the mostly German waterway dropped to 1.2 inches below the threshold ship operators use to determine how much cargo their vessel can safely carry down the river without risking damage or running aground, Bloomberg reported. Despite a slight recovery on Monday, the cost of shipping diesel from Rotterdam to Karlsruhe hit a record €260 per ton (equal to just under $296), after more than doubling this month amid the aftershocks of the summer’s record heat waves and droughts.
The latest trouble comes as the Trump administration weighs the merits of a ban on diesel exports. At Heatmap’s Climate Week event last Wednesday, Secretary of Energy Chris Wright ruled out such a step. But Trump said he was “very seriously” considering the step, despite warnings from Goldman Sachs that doing so would raise prices in Europe.
A quick letter of recommendation to close out this morning’s newsletter. Back in 2018, I received a galley copy of a forthcoming book by a niche left-wing sociologist with a growing focus on climate change. The title — After Geoengineering: Climate Tragedy, Repair, and Restoration — struck me. Geoengineering and its associated technological ideas to adapt to a hotter world, such as carbon dioxide removal, were at that point very taboo in climate policy circles. The technology, assuming it even worked, posed what many saw as a moral hazard, a Pandora’s box that, if opened, would sap humanity’s collective will to do the hard work of mitigating fossil fuel emissions. At least, that was the dominant mode of thinking at the time. So, you can imagine, I found that book title provocative. Over the course of 288 pages, the author, Holly Jean Buck, bounced between dense but readable chapters of nonfiction explanations of the latest science behind various cutting-edge climate technologies and sections of fictional sci-fi vignettes. The stories painted a picture of life in the not-so-distant future. One that has stuck with me over the years is a vision of an Oklahoma rancher earning passive income by letting a state carbon disposal program pump captured CO2 into the geological formations beneath his property. I offer my sincere congratulations to Holly, who yesterday was named among the 20 recipients of this year’s MacArthur Foundation’s prestigious “genius grant.”
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Novele is aiming to smooth out power consumption for commercial buildings, saving tenants money and easing grid strain.
Electricity is more expensive in times of peak demand — that’s simply a universal truth. But for many commercial building owners and tenants, their most energy-intensive minutes of the month can have an especially outsized impact on their electricity bill. That’s because of the “demand charge,” a fee based on a building’s single highest burst of power consumption, which can make up over 50% of a customer’s monthly bill. Likewise, shrinking those bursts would not only ease strain on the grid, but could also dramatically lower commercial users’ costs.
Or at least that’s Novele’s pitch. The startup, which makes 2-inch-thick, fire-safe lithium-ion batteries that mount on the interior walls of commercial spaces such as offices, hospitals, and big box retailers, announced Wednesday that it raised an oversubscribed $17 million Series A led by impact-focused investor Boisei Labs. The funding will help the company scale its AI-powered battery system, which networks batteries placed throughout a building and uses software to predict impending spikes in power demand. Just before the peak hits, the system can automatically switch the building from grid power to battery power, helping the customer avoid those costly demand charges.
“We learn how the building consumes power, but we’re also taking into account other considerations, like what day of the week it is, how the building is occupied, when it’s being used, what’s happening with the weather conditions,” Novele’s co-founder and CEO Charles Conwell told me.
Of course, battery storage for commercial customers is nothing new. Tesla, for one, has long sold large batteries like its Megapack, along with software designed to help businesses manage and reduce peak demand. But unlike these larger outdoor systems, Novele designed its thin panels for installation inside occupied spaces like hospital hallways and offices, distributing the batteries throughout a building while operating them as a single, coordinated system.
The systems are custom designed, so Novele told me it couldn’t provide an overall cost estimate. But Conwell told me the batteries typically have a 20- to 40-month payback period, the timeframe in which a customer’s electricity bill savings should eclipse the system’s upfront cost. (The company also offers financing options that allow customers to spread out that cost over time.) And while customers may sign up for the cost savings, there are major decarbonization benefits, too. So-called peak-shaving can reduce the need for peaker plants — natural gas facilities that only fire up when demand is highest. These plants are typically among the grid’s most carbon-intensive assets, as they’re designed to ramp up quickly rather than operate efficiently for long periods.
These automated batteries could also enable commercial buildings to participate in virtual power plant programs, which ease strain on the grid by cutting energy use during periods of high demand or by tapping assets like batteries to send power back to the grid. Using stored energy when needed, Conwell explained, is better than typical demand response initiatives, which often require tenants to change their routines — e.g. when they run the dishwasher or charge an EV — to accommodate the grid. That approach, he said, is either “ineffective or doesn’t make the tenants very happy.”
As the company scales, it also envisions building a portfolio of properties that, if they have “a dense enough footprint,” could work in concert to form their own virtual power plant of sorts, Conwell said.
In the near term, however, Novele plans to use its Series A to expand its team, install more systems, and further develop its software. It’s particularly focused on markets where electricity costs are already high or climbing fast, such as California, New York, New England, and parts of the PJM power market. In PJM in particular, record-high capacity prices — largely driven by data center demand — are pushing electricity bills to new heights.
The company says it has already installed batteries for several Fortune 50 customers, though it’s keeping the identities of these early adopters under wraps. Conwell told me that there’s also “a bunch of installations that are in progress,” and that in the coming year, the company will be working toward making the process of purchasing, installing, and operating Novele’s system as seamless as possible.
Once that foundation is in place, Conwell sees an opportunity to help usher in a more responsive, intelligent future for the built environment. “If you get the infrastructure right, if you bring in the controls — the mechanical controls, the machine learning controls, and the artificial intelligence-driven controls — you start to be able to set the stage for a dynamic, autonomous building of the future.”
The former vice president of the United States joined us at Heatmap House for New York Climate Week.
Former Vice President Al Gore needs no introduction. He is, in a way, the original climate influencer. His film An Inconvenient Truth gave rise to a new wave of climate activism in the 2000s. It was one of the highest-grossing documentaries of all time upon its release, and it won an Oscar, a Grammy, and — for Vice President Gore — a Nobel Peace Prize.
He’s remained active in climate policy since then and leads the Climate Reality Project. He is also an investor and was a longtime director at Apple.
For this episode of Shift Key, Vice President Gore joined Rob for a live conversation at our Heatmap House event, part of New York Climate Week. He reflected on the 20th anniversary of An Inconvenient Truth, the existential risk of artificial intelligence, and what has surprised him most about the evolution of climate politics.
Shift Key is hosted by Robinson Meyer, the founding executive editor of Heatmap News.
Subscribe to “Shift Key” and find this episode on Apple Podcasts, Spotify, Amazon, YouTube, or wherever you get your podcasts.
You can also add the show’s RSS feed to your podcast app to follow us directly.
Here is an excerpt from their conversation:
Robinson Meyer: Let’s start by talking about 20 years ago, because 20 years ago, An Inconvenient Truth came out. I recently had cause to revisit the film, and I actually have to confess something. I was very excited when the movie came out, but I don’t think I’ve ever admitted this, and maybe this is the wrong audience to do it to: I was too stressed about climate change to actually watch it. Not that it was a daily anxiety, but I was like, “I can’t. There’s so many other things.” And so I actually watched it for the first time only recently.
I had the book, let’s be clear. I had the book.
Al Gore: A limited confession.
Meyer: Yeah, yeah. It was so fascinating watching it 20 years on, because there are some sections of it that I think you could give today. Not that little has changed — the science hasn’t, of course — but the way people think about it, the way people move from denial to doom, hasn’t changed in some ways. I wondered what surprised you most about the intervening 20 years since the film came out. It received a response that, I don’t know what you were anticipating, but it was certainly on a scale beyond what was expected at the time. And then there’s where we are today.
Gore: Well, when Laurie David first made the suggestion, here in this city, I gave an early version of my slideshow when we were promoting that movie. What was it, The Day After —
Meyer: The Day After Tomorrow?
Gore: The Day After Tomorrow. Was that it? Yeah. And they said, “Well, that’s fiction, isn’t it?” And I said, “Well, it’s not as fictional as the then-current administration was about climate.” But when she said, “This needs to be made into a movie,” I said, “You’re crazy.” As one of the early reviewers said, “Al Gore giving a slideshow — what part of that doesn’t scream hit?” So I was a skeptic about the enterprise, and I was surprised at the reception it got.
Really, the credit belongs to the scientists I was just channeling. The fact that everything they predicted has proven to be basically spot on is a credit to them. For the rest of us, the fact that they were so right then should cause us to pay more attention to what they’re warning us about now.
As for what has surprised me, it’s the ferocity and durability and massive continued financing of climate denial by the fossil fuel industry. There was a time during these last 20 years when they said they were going to be part of the solution, and a couple of them made some good-faith efforts in that direction. But then, like Steve Martin on the old SNL, they went, “Nah.” They decided just to give up the ghost and go full speed ahead on more and more fossil fuels. I think they’re losing as we are winning, but they’re hanging in there.
You can find a full transcript of the episode here.
Mentioned:
Previously on Shift Key: Energy Secretary Chris Wright on Trump’s Pro-Nuclear, Pro-Fossil Fuel Agenda
This episode of Shift Key is sponsored by ...
RE+ 26 is the largest clean energy event in North America, happening November 16th through 19th at the Las Vegas Convention Center. Register at re-plus.com and use code SHIFTKEY20 to save 20% off a Full Conference pass.
Music for Shift Key is by Adam Kromelow.
This transcript has been automatically generated.
Subscribe to “Shift Key” and find this episode on Apple Podcasts, Spotify, Amazon, YouTube, or wherever you get your podcasts.
You can also add the show’s RSS feed to your podcast app to follow us directly.
Robinson Meyer:
It’s Wednesday, September 30th, and this is a special New York Climate Week edition of Shift Key. Last week, Heatmap welcomed climate and energy leaders, experts, and influencers to Heatmap House, our all-day summit in New York City. Among those leaders was former Vice President Al Gore. Vice President Gore needs no introduction. He is, in a way, the original climate influencer. His film, An Inconvenient Truth, gave rise to a new wave of climate activism in the 2000s. It was one of the highest-grossing documentaries of all time when it was released, and it won an Oscar, a Grammy, and, for Vice President Gore, a Nobel Peace Prize. Of course, Gore has remained active in climate policy since then. At the time of our conversation, he’d just returned from Asia, where he was training a new cohort of leaders for his Climate Reality Project. Our conversation came on the 20th anniversary of An Inconvenient Truth. We discussed that film’s legacy, what’s changed since its release, what surprised the vice president the most, and his perhaps surprising thoughts on artificial intelligence. Let’s go to the show. I’m Robinson Meyer, the founding executive editor of Heatmap News. This conversation was recorded in front of a live audience at Heatmap House at 22 Vanderbilt in New York City on September 23rd. It’s all coming up on Shift Key.
Robinson Meyer:
Vice President Gore!
Al Gore:
Robinson Meyer!
Robinson Meyer:
It’s so good to have you here. Thank you for joining us.
Al Gore:
Great to be here. Thank you for doing the interview.
Robinson Meyer:
Of course. We wanted to have you at Heatmap House for a long time. I know I said this backstage, but thank you so much for joining us. We really appreciate your time.
Al Gore:
Thank you for what you and your colleagues are doing at Heatmap. It’s just an amazing organization.
Robinson Meyer:
So I wanted to start — I have questions, and we will get to them — but I wanted to start by asking how you’re feeling today. It is September 23rd, 2026. It’s been quite a few years. How are you feeling about the climate challenge, about American politics? What’s going on in your heart at the moment?
Al Gore:
Well, those two things are related, of course. But I’m temperamentally optimistic, and I’m specifically optimistic that we are going to solve the climate crisis. We are going to win this. The remaining question is whether we will win it in time to avoid crossing some of these very dangerous negative tipping points: the Gulf Stream, the Amazon flipping into savanna, the ice melt to pace. Greenland is losing 30 million tons of ice every hour right now. But I have an image that, to me, conveys what’s going on in the big picture. I see a very big wheel turning powerfully in the right direction, and inside it, little wheels turning in the opposite direction, but the overall momentum is extremely powerful. I would even say, Robinson, that there is a possibility that we will, in the future, look back on this year of 2026 as the positive tipping point on climate. I say that for a number of reasons. This is the first year that the production of energy from renewable sources has exceeded the overall increase in global energy demand. Some tipping points are rounded at the top; this may be a plateau. But if you look back 20 years, there were virtually no electric vehicles at all, maybe a couple of thousand sold. In 2010, 7,000 EVs were sold worldwide. This year, by the end of the year, 30% of all new cars sold globally will be EVs. Already last month, it was 65% in China, on the way to 82% in the next three or four years. If you look at electric power generation, last year, as you know very well, 86% of all the new capacity installed worldwide was renewable. And here in the U.S., in spite of Donald Trump, it was 92%. 91% — you add rooftop solar, 93% was renewable. If you look at investment, I’ve been saying there’s twice as much investment in renewables as in fossil fuels. Fatih Birol at the IEA is saying it’s almost three times as much now. Twenty years ago, 77% of all electricity was fossil. Now it’s down to a quarter.
Robinson Meyer:
Yeah.
Al Gore:
And there are other similar statistics. I think this movement, which has become the largest grassroots movement in the history of the world, is unstoppable. But it’s the pace, and it’s the fierce resistance, organized and massively funded by the fossil fuel industry, which makes the East India Company look like a popcorn salesman. They’ve achieved hegemonic control of all the policy verticals that affect their attenuating business plan. But we are winning. We need to win faster.
Robinson Meyer:
Let’s start by talking about 20 years ago, because 20 years ago, An Inconvenient Truth came out. I recently had cause to revisit the film, and I actually have to confess something. I was very excited when the movie came out, but I don’t think I’ve ever admitted this, and maybe this is the wrong audience to do it to: I was too stressed about climate change to actually watch it. Not that it was a daily anxiety, but I was like, “I can’t. There’s so many other things.” And so I actually watched it for the first time only recently. I had the book, let’s be clear. I had the book.
Al Gore:
A limited confession.
Robinson Meyer:
Yeah, yeah. It was so fascinating watching it 20 years on, because there are some sections of it that I think you could give today. Not that little has changed — the science hasn’t, of course — but the way people think about it, the way people move from denial to doom, hasn’t changed in some ways. I wondered what surprised you most about the intervening 20 years since the film came out. It received a response that, I don’t know what you were anticipating, but it was certainly on a scale beyond what was expected at the time. And then there’s where we are today.
Al Gore:
Well, when Laurie David first made the suggestion, here in this city, I gave an early version of my slideshow when we were promoting that movie. What was it, The Day After —
Robinson Meyer:
The Day After Tomorrow?
Al Gore:
The Day After Tomorrow. Was that it? Yeah. And they said, “Well, that’s fiction, isn’t it?” And I said, “Well, it’s not as fictional as the then-current administration was about climate.” But when she said, “This needs to be made into a movie,” I said, “You’re crazy.” As one of the early previewers said, “Al Gore giving a slideshow — what part of that doesn’t scream hit?” So I was a skeptic about the enterprise, and I was surprised at the reception it got. Really, the credit belongs to the scientists I was just channeling. The fact that everything they predicted has proven to be basically spot on is a credit to them. For the rest of us, the fact that they were so right then should cause us to pay more attention to what they’re warning us about now. As for what has surprised me, it’s the ferocity and durability and massive continued financing of climate denial by the fossil fuel industry. There was a time during these last 20 years when they said they were going to be part of the solution, and a couple of them made some good-faith efforts in that direction. But then, like Steve Martin on the old SNL, they went, “Nah.” They decided just to give up the ghost and go full speed ahead on more and more fossil fuels. I think they’re losing as we are winning, but they’re hanging in there.
Robinson Meyer:
Why do you think they — ? Since 2006, we’ve seen almost two cycles of climate policymaking in the U.S. There was the first Obama administration, when we didn’t get cap and trade, but the EPA regulations eventually came out, the car structure —
Al Gore:
And the Paris Agreement.
Robinson Meyer:
And the Paris Agreement, of course. And then the first Trump administration, and then the IRA, which I want to talk about in a second. But during that time, fossil fuel companies did make this move, as you said, toward at least appearing to be part of the solution, and then they backed off. What do you think caused them to back off? Was it a lack of subject-area expertise? Was it that, at the time, the technologies weren’t as profitable as their fuels, and they needed to fit into an investment mix in which they are always supplying this kind of outsized fossil fuel profitability?
Al Gore:
Well, I think it’s been, in some ways, the tyranny of short-term profits taking over their business model. And in order to solve the climate crisis, we’re going to have to pay attention to the democracy crisis. The compound ideology of democratic capitalism has served us well in many respects, but when the Berlin Wall came down and communism collapsed, there was a surge of triumphalism in the capitalist part of that sphere. Something similar happened when the fossil fuel companies faced pressure. You could earn a little bit more in the short term if you just went faster on fossil fuels. But something interesting has happened this year, and this is another reason why I think there’s a real possibility of a positive tipping point. I hate to turn my back on you guys over here. The war in Iran marks the second time in four years that the fossil fuel supply chain has been disrupted, and price volatility has returned. People around the world have reacted to this in a really dramatic way. In the last six months, 50 countries have doubled their share of EVs in their fleet. We saw the president of Korea say, and I’m paraphrasing, “This shows us we have got to speed up this transition away from fossil fuels.” Thailand just announced a big shift from LNG to solar. In Africa, where they were really not participating in the solar revolution a few years ago, they’re now installing 100,000 panels per day. These are signs that this thing is really moving into high gear.
Robinson Meyer:
I think it’s undercut the idea that fossil fuels, especially for countries without fossil fuel resources domestically, are a long-term, secure investment in your energy security. They’re not.
Al Gore:
Yeah. Look at their three —
Robinson Meyer:
Or at least oil and gas. I think coal is going to be a whole other problem.
Al Gore:
Yeah. Twenty years ago, the U.S. got 49% of its electricity from coal. Today, that’s down to 16%. Mike Bloomberg and the Sierra Club deserve a lot of the credit for that. But when I say the fossil fuel industry is losing, they know they’re losing, and they’re trying to slow down how quickly they lose. If you look at their three biggest markets, power generation is number one, and as I’ve already said, with 86% of all the new build last year being renewables, they’re losing that. Transportation is their second biggest source. The internal combustion engine peaked nine years ago, and since 2017, sales have gone down 25%, while EV sales have gone up 1,500%. Their third market is petrochemicals, which is now actually driving the oil part of the market, because 75% of petrochemicals is plastics. They’re projecting a tripling of plastics production by 2035. How’s that going to work for the rest of us, when microplastics are already in our bodies? In the oceans, the rivers, the roadsides. That’s why the fossil fuel companies have been so energetic in tearing apart the UN negotiations on a plastics treaty, and why they’ve blown up the shipping treaty negotiations. Forty percent of all shipping in the entire world, by mass, is lugging fossil fuels around. They see these trends, and they’re desperately telling their bigger, long-term investors, “Stay with us. Please stay with us.” They’re screaming about capital availability. I think they’re really desperate, and that’s why they’ve pulled out all the stops.
Robinson Meyer:
The destruction of the shipping treaty was interesting, because it was not merely anonymous fossil fuel actors. It was the Trump administration coming in and specifically blowing up those negotiations.
Al Gore:
Well, he told them during the campaign, very famously. One of his jujitsu superpowers is saying the corrupt part out loud, so people think, “Well, he said it publicly. It couldn’t be corrupt.” He’s by far the most corrupt president in all of history. And he said to the fossil fuel executives at Mar-a-Lago, you know the video, “Give me a billion dollars, and I’ll do whatever you want.” That transaction was made, and he’s following through on it.
Robinson Meyer:
What do you make of the fate of the Inflation Reduction Act? For those of us who were involved in climate, especially in the late 2010s, there was a feeling that climate should be a bigger part of politics and a bigger part of the Democratic Party’s policymaking agenda. And then a Democratic president did that. President Biden’s reconciliation bill was the IRA. I can’t say the electorate responded in an overwhelmingly positive way, and then, of course, the Trump administration has repealed aspects of the bill. So what did you make of this broader saga, where climate finally became a topic of legislating in the United States, and yet it seemed like voters maybe couldn’t care?
Al Gore:
Well, I think they did care. I think they didn’t see the implementation of that act in time to make any difference in their lives. And I think the whole movement that went by the label “abundance” came in part from frustration about all of the obstacles and difficulties that the administration encountered when they tried to implement it. Maybe there were some design flaws, but I’m not going to criticize that. I think they did the best they could. If you look at the charging stations for electric vehicles, for example, it was such a disappointment that hardly any of them got built. Now it’s coming on very strong. But I think the delays in implementation were a big part of that. They tried to portray it skillfully. After all, it wasn’t called the Climate Act; it was called the Inflation Reduction Act. But the people never saw on the ground the benefits to them personally. One other thing, if I could. Decades ago, I learned a lesson from my father, who was in the United States Senate. This is sort of elementary stuff these days, but he said, “Son, when there is a piece of legislation that benefits the broad public interest, the broad public is often barely aware of it. But if it has a negative impact on a small group, they are intensely interested and obsessed with it, and they work really hard to get rid of it.” When the IRA was passed, the fossil fuel industry went to work to try to block its implementation. And by the way, some of the provisions that have been blocked are being unblocked by the courts. That is also a process that takes time. And to all the lawyers for environmental groups, some of them here: thank you for what you’re doing.
Robinson Meyer:
I want to hit two more things quickly. Is this an issue that you think ordinary voters will come around on, that the mass of the electorate will see the light on? Or is climate change going to be one of these issues that a small group of dedicated activists, officials, and experts work on for a long time, making progress in the background, until eventually we’re in a much better place than we are now?
Al Gore:
No, I think it’s the former rather than the latter. I see this climate struggle in the context of the other morally based challenges that humanity has confronted in the past. You look back at the abolition movement, the movement to give equal rights to women, the struggle for civil rights, especially in the South, the struggle to give gays and lesbians equal dignity, the struggle against apartheid in South Africa. Nelson Mandela, after 27 years in prison, said, “It always seems impossible until it’s done.” What all of those movements had in common, first of all, is that there were times when the advocates felt deep despair, but they kept on going. The other thing they had in common is that when the underbrush of argumentation and false cases was cleared away, when the central issue was finally revealed as a clear choice between right and wrong, then — because of who we are, I would say because of the way God made us — the outcome became foreordained. When we have a clear choice between right and wrong that affects everyone, we do respond. We’re hardwired by evolution to respond instinctively to the kinds of threats that our ancient ancestors encountered and survived. If a snake came across this floor here, we would clear out without a second’s delay. A much bigger threat that has to be perceived through the use of our reasoning capacity — we are capable of that as well, but it’s not instinctual. It requires reflection, it requires communication, and it requires collective action. We are capable of that. That is why we’re going to win. That is now occurring, and Mother Nature is the most powerful advocate, changing opinions and firming up the conviction that we have to do something about this. One final point on this, if I could. These kinds of movements build slowly, but then they begin to capture everybody. And I think we’re seeing a big acceleration of progress right now.
Robinson Meyer:
What do you make of the current set of fears about artificial intelligence? To some degree, it resembles the existential fears that people have had about climate change for a long time. I think there are also separate fears that it could be slowing down decarbonization. What do you make of this new set of concerns around AI? Are you worried about the existential risk from AI? Do you think it’s going to be good for the climate eventually?
Al Gore:
When I was young, I remember when the first Godzilla movie came out. After a few sequels, the producers discovered that maybe there were some other prehistoric creatures that were also awakened by the nuclear testing. And then we got movies called Godzilla vs. Mothra and Godzilla vs. Rodan. I think the climate crisis versus artificial intelligence is a little bit in that category. If you look at the list of concerns about data centers and artificial intelligence more broadly, the emissions are a problem of concern but not a justification for panic. You could take all of the AI data centers in the world and quadruple the number, and their total emissions would still be a fraction of the emissions from uncovered landfills around the world. That is a point of leverage for activists concerned about AI, but it’s not the biggest concern. I think that cognitive atrophy, and the emergence of an intelligence that makes us no longer the apex intelligence on the planet, is a cause for very, very deep concern. They have something else in common. Donald Trump has called both of the concerns hoaxes, which is a clear sign we need to be concerned about them. When he says the climate crisis is a hoax, it’s sort of like his AI slop. You immediately know that it’s nonsense and false, but it has an impact nonetheless. And we’ve already had an experience with AI in its first generation, in the form of the algorithms that direct attention flows on the internet. Look at what that’s done. My goodness. It’s just crazy. A lot of guys now have to swipe left 1,000 times to get one cup of coffee with a girl. Body image problems with young girls. And the rabbit holes that suck people down. You know what’s at the bottom of the rabbit hole? That’s where the echo chamber is. And when you spend too long in the echo chamber, you face another kind of AI: artificial insanity. That’s where QAnon comes from, and that is what sustains climate denial, again funded lavishly by the fossil fuel interests. On any story about climate, you click on the comment section and it’s always — you know this — stuffed with anti-climate memes and falsehoods, or zombie falsehoods. Orwell said in one of his essays that we as human beings are capable of holding onto a false belief indefinitely, even when it is completely proven to be false to any reasonable person. And then as he continued impudently twisting words to make it seem we were right all along, he said, “The only problem is that eventually a false belief collides with a solid reality, comma, usually on a battlefield.” So we are now on a battlefield, in Iran and in the Persian Gulf and at the mouth of the Red Sea. Again, this has further awakened the concern that yes, we have to address this. On the emissions side of artificial intelligence, just briefly: Nick Stern at the London School of Economics and the Grantham Institute published a very influential study a few months ago showing that the emissions reductions from AI are going to be quite substantial. Unfortunately, it’s also going to supercharge the discovery of more fossil fuel assets, and that will offset it to some extent. But I think it can bring some net benefits in that regard. But we need to watch for cognitive atrophy. Fifteen-year-olds are reading at 14-year-old levels now. Kids are doing their homework faster but doing worse on testing. There’s cognitive atrophy, cognitive surrender, cognitive offload, and cognitive foreclosure. Kids at the age when they’re learning the reasoning skills that all of us learned when we were younger — if they don’t learn those in the same way, that’s one of many serious challenges from the advanced pioneer models. And of course, now that they’re breaking out of their confinement, it reminds me of Jurassic Park, where the velociraptors are testing the electric fences, you know?
Robinson Meyer:
I like this mode of existential risk as Godzilla and Mothra and Nadir. I think this is a good way to think about it. We need to get you on Shift Key, Heatmap’s podcast. Unfortunately, we’re going to have to leave it there, but thank you so much for joining us.
Al Gore:
Thank you, Robinson. Thank you all very much.