Video summary
Climate scientist Zeke Hausfather warns that the coming year could be significantly hotter due to an impending "Monster" El Niño event, a natural phenomenon superimposed on accelerating human-driven warming that has already raised global temperatures by approximately 1.4°C since pre-industrial times. This specific El Niño is expected to peak near 4°C above normal in the tropical Pacific, surpassing previous records from 1987 and 2015-2016, with projections suggesting that while 2026 may approach record highs, 2027 could be a "record-smashing" year potentially reaching roughly 1.7°C above pre-industrial levels. Although bad luck plays a role in the timing of such extremes, the event will occur on a hotter baseline where climate change adds roughly 0.2°C to global temperatures, and the acceleration of warming has intensified over the last decade at a rate of 0.35°C per decade compared to under 0.2°C per decade from 1970 to 2015, largely driven by reduced sulfur dioxide emissions that previously masked about a third of warming.
The primary dangers associated with this event stem from disrupted rainfall patterns rather than temperature alone, posing severe risks such as droughts in Australia, Southern Africa, India, and Indonesia which could lead to crop failures and famine, alongside heavy flooding in parts of Peru and the southern USA. These conditions will likely trigger significant wildfire risks in regions like Indonesia and the Amazon, where recent fires have not fully recovered, while global coral bleaching events are expected to become annual occurrences that threaten fisheries and coastal protection. While modern technology and international aid prevent the mass mortality seen during historical events like the 1877 El Niño, economic losses could still reach trillions of dollars due to long-term impacts on growth, and while some propose geoengineering measures like injecting sulfur into the atmosphere as a stopgap, Hausfather views this as an emergency measure that does not solve the underlying CO2 problem and carries risks of altering precipitation patterns or damaging the ozone layer.
To address these challenges, Hausfather argues that relying on large-scale behavioral sacrifices is politically unfeasible in democracies, whereas technological advancement drives policy by making decarbonization cheaper without requiring lifestyle changes, as evidenced by the success of wind and solar powered by decades of research and subsidies. At Stripe, he works on "Frontier," an initiative funded by major corporations to create a market for carbon removal through an advanced model similar to public health vaccine funding, acknowledging that while current costs are high, this physics-based technology is scalable and necessary to handle residual emissions from sectors like agriculture and aviation. Unlike geoengineering stopgaps that only address symptoms, carbon removal targets the root cause of atmospheric greenhouse gases, though significant hurdles remain in decarbonizing heavy industry, shipping, and high-temperature industrial heat as new clean energy often meets growing demand rather than displacing existing fossil fuel use.
Read the full video transcript
If you think this year has been hot,
well, next year could be much, much
hotter. That's the message from my guest
on this special edition of Novara Live.
Zeke Hausfather, very distinguished
climate scientist. He's a researcher at
Berkeley Earth. He's a lead author for
the IPCC and the climate lead at Stripe,
which we talk about financial technology
company
and also a writer for Carbon Brief. I've
been following Zeke
for a long time on X. He does brilliant
data visualizations when it comes to the
climate. I've shown them on Novara Live
a few times. So, it's great to get him
on
to talk about what El Nino could have in
store
next year and the second half of of this
year. And many people calling this a
Godzilla El Nino, a super El Nino. Lots
of very worrying words and to be frank,
the next 12 months could be a rather
worrying time.
In the interview, we also
discuss possible solutions to climate
change, which are those approaches which
might work, which aren't, who should we
trust, who shouldn't we trust.
Really, really interesting conversation.
As you'll notice, this is not a normal
episode of Novara Live. We've given the
team the day off for the bank holiday,
but I think this is a really, really
fantastic conversation actually. I'm
really glad we got Zeke Hausfather on to
talk about the work he does. Thank you
so much for joining us on Novara Media.
>> Thanks. It's a great to be here.
>> You've got many strings to your climate
bow. So, you're a scientist at Berkeley
Earth, you're a lead author at the IPCC,
you're the climate lead at Stripe, and
that's a financial technology company,
and you're a writer for Carbon Brief.
What's the common thread running through
sort of all these hats you're wearing?
>> You know, I'm someone who likes to
be involved in a bunch of different
areas of a problem because climate. And
so, you know, part of it is the
mitigation side, you know, figure out
how to reduce emissions. Part of it is
which is largely what I work with
Stripe. Part of it is the physical
climate side, you know, understanding
how the system works uh and what we have
in store for us in the future.
Uh and part of it is communicating that,
you know, explaining to the broader
public like how this all works, um why
it's important, uh what we can do about
it. And so I think that, you know, you
can do the best science in the world,
but if
you can't talk about it, uh it's it only
goes so far.
>> And on this sort of purely scientific
basis, what is your specialism? I know
you sort of seem to publish a lot about
surface area or or surface temperatures.
Is that sort of your your real niche?
>> Yeah, so I did my dissertation on
improving observational temperature
records. So like all of our data from
ships and buoys and weather stations and
fitting it all together to create
long-term records.
Um but I've also done a fair bit of work
on sort of evaluating the performance of
climate models against observations
uh as well as like scenarios around, you
know, future emissions, future warming,
that sort of thing.
>> I've been following you a long time.
Lots of great sort of data
visualizations on your X account.
Everyone should follow you. Um this one
in particular got a lot of people's
attention. So it went quite viral.
Definitely got my attention. I think
we've shown it already on on the show
this summer. So you say, "I'm not sure
folks have realized just how crazy the
second half of 2026 and 2027 will be for
global temperatures on the back of a
record-smashing El Niño event. Here is
my latest estimate of where both years
will end up compared to global
temperatures since 1850." Uh this is
back at the beginning of August. I'm not
sure if your sort of modeling has
changed since then. Um but you've got
2026 sort of very close to being a
record-breaking year, sort of 50/50 as
to whether or not it will be higher than
2024. But then you've got 2027
absolutely smashing that record. So I
think about sort of 1.7°
higher than pre-industrial temperatures.
Um talk to me about that. Why is the
second half of 2026 and um then 2027
going to be um in your words crazy?
>> So what's really happening here is El
Niño, which is a mode of natural
variability in the climate system and
happening on top of, you know,
accelerating human-driven warming. So,
the world has warmed by about 1.4° since
pre-industrial already, driven by human
activity. And then, [snorts] on top of
that, there's these sort of
wiggles every few years. El Niño years
tend to be hotter than normal, La Niña
years, which is its sort of colder twin,
tend to be colder than normal. Um, and
this year we seem to be on track for the
biggest El Niño event in recorded
history, or at least in since we've had
records.
Um,
you know, most of the models that we
have today, and there's about 14
different groups around the world that
provide dynamical models of El Niño,
expect this event to peak close to 4° C
above normal in the tropical Pacific.
Um, and to put that in perspective, the
strongest El Niño events on record,
which are one in 18 uh
87 uh and one in 2015-2016
were about a little below 3° above
normal in that region of the tropical
Pacific. So, this could smash any
previous El Niño we've seen, and as a
result, it's going to contribute pretty
significantly to temperatures both for
the remainder of this year and
particularly for next year. You know,
one thing that we tend to see over and
over again in the temperature record is
that when an El Niño is developing, it
boosts that year's temperatures, but
more modestly. But, it's the year after
El Niño peaks, cuz El Niños almost
always peak, you know, around
November-December, that we really see
the big boost. So, you know, 1997 was a
particularly warm year, but 1998 smashed
the record. 2015 was a particularly warm
year, but 2016 smashed the record. 2023
and 2024 followed the pattern, and so we
expect something similar to happen with
2026 and 2027. And that's why, given how
strong this El Niño seems to be
shaping up or shaping up to be, you
know, that's why we expect such a
record-shattering temperatures globally
in 2027.
>> People are calling this a super El Niño,
a Godzilla El Nino, a monster El Nino,
Uh all sorts of names flying around for
it. Um
is it just bad luck that we're getting
this super El Nino when we've already
got accelerating temperatures? So, I
mean, if you you know, the the last few
years have been the hottest years on
record, and then sort of on top of that
do we just have this terrible luck that
we have the strongest El Nino ever, or
are the two things related?
>> So, certainly a big part of it is bad
luck. Um
you know, there is an active debate in
the scientific community about the
extent to which climate change is
affecting El Nino. You know, there's
some indication in the record that we
might have been seeing more intense El
Ninos in recent decades than we have
historically.
Um
but, you know, models are pretty mixed
in terms of how well we can attribute
that to to human influence or not, or
whether we expect that to to change sort
of outside of the the noise in the
system and going forward. So,
we can't rule it out, but I I think it's
it's one of these areas where, you know,
the science isn't particularly settled
yet. Um so, I want to avoid, you know,
overstating our confidence that there's
a link there. But, there certainly could
be, and there's some physical mechanisms
that scientists might identify where,
you know, a warmer world could see more
intense El Nino events going forward.
>> Yeah, I mean, in in any case, obviously,
the underlying global warming means that
a big El Nino leads to hotter
um sort of temperatures. So, in in that
sense, we did it to ourselves.
>> Yeah, and and everything's happening on
top of a a hotter baseline, right? You
know,
a big El Nino event creates a big boost
in global temperatures for a year or so.
Um but, you know,
the size of a strong El Nino event might
boost global temperatures by 0.2°C or
something. You know, we're adding 0.2°C
to the climate system every 8 years
through our emissions. So, we're we're
adding a a permanent super El Nino worth
of heat every 8 years by emitting, you
know, 40 billion tons of CO2 to the
atmosphere, um to put it in perspective.
>> And so, I've also seen you sort of write
somewhere that next year's super El Nino
will show us what the norm will look
like in 8 years' time, potentially, sort
of by the logic you've just explained
there. Um, talk to me about what we
could see. So, what could we see next
year? The temperatures might be 0.2 um,
above what they would have otherwise
been. So, maybe we're talking sort of
1.7° above pre-industrial levels. Um, I
know an El Niño doesn't affect the world
universally. So, in very simple terms,
and you're going to be able to sort of
explain this in much better detail than
myself. My understanding is you get
severe droughts in some parts of the
world. So, Australia, Southern Africa,
and Indonesia for example. You then also
get heavy floods in other parts of the
world. Um, so Peru and Southern USA I've
seen mentioned. Um, and then as we've
discussed already, you get higher
average temperatures across the globe.
So, what are the kind of, I suppose,
scenes that we could be seeing directly
ourselves or sort of in in news footage
over the next 12 months if this El Niño
um, is as as big as it looks like it's
going to be?
>> Yeah, so so the biggest impacts of El
Niño in terms of harms to people are
really on the rainfall side, not the
temperature side. Um, you know, El
Niño's associated, as you mentioned,
with stronger rainfall in the tropical
Pacific. So, in that sort of El Niño
tongue of elevated temperatures over the
ocean, there's a big increase in
rainfall. But, around that region, in
sort of the the extratropics and to the
east and the west of it, you see much
drier conditions. So, over India tends
to be drier, over Southern Africa tends
to be drier, Indonesia tends to be
drier, Australia tends to be drier. Um,
and these have historically been
associated with some pretty severe crop
failures. Um, you know, [snorts] in the
1997-1998
El Niño event and the 2015-2016
event, uh, there were crop failures in
in Africa, um,
that led to emergencies being declared
and, you know, big mobilizations to make
sure that there weren't famines. Um, you
know, there were tens, if not hundreds,
of billions of dollars in damages in
those regions. Uh, it's also associated
with significant wildfire risks. Uh, so,
in the '97-'98 event, there were
record-setting wildfires in Indonesia uh
that themselves emitted something like
15% of all CO2 emissions emitted that
year from burning peat uh or globally uh
just from burning peat in Indonesia and
you know covered large areas of
Southeast Asia with smoke that
contributed to premature mortality. Um
we could expect to see something like
that again this year. You know,
similarly the Amazon had its worst fire
season ever in 2024 on the back of that
much more modest El Niño event hasn't
really recovered from that fully and so
adding this strong El Niño event on top
of that could really, you know, pose
some catastrophic fire risks in the
Amazon. There's a a piece in nature just
a couple weeks back on this that
suggested that, you know, this added to
that stress could help push the the
overall Amazon system toward a a tipping
point uh which would be pretty terrible.
Uh another big impact we see from El
Niño events is these global coral
bleaching events. So, prior to 1998,
there hadn't really been a 97-98, there
hadn't really been a global coral
bleaching event. There's been individual
reefs that experienced particularly hot
conditions and and might bleach, but it
was a very rare occurrence.
Um but ever since that El Niño event,
every time we have a strong El Niño
event, we see this widespread coral
bleaching. Now, the corals can recover
from that given enough time, but if we
start seeing these coral bleaching
events, you know, going from once every
50 years to once every 10 years to once
every 5 years to once every other year,
uh we expect to see much more
significant uh degradation of coral
reefs um particularly in the tropics.
And those are, [clears throat] you know,
key critically important for fisheries
and coastal protection and a whole bunch
of other services.
>> Just to clarify on the on the on the the
coral bleaching. So,
is that related to tipping points? Cuz
my understanding with the Amazon,
there's this worry that [clears throat]
there'd be these incredibly these
positive feedbacks which would be very
damaging because you get global warming
and therefore the Amazon collapses and
if the Amazon collapses, that's less
carbon being sucked out of the air and
also if it burns, that's obviously
carbon being put into the air. So, you
can sort of see this vicious cycle. Is
it a similar situation with the the
coral bleaching, or is that more of a
sort of biodiversity issue? So, coral
reef bleaching by itself doesn't
contribute to additional climate change.
Um it's it's not a a carbon cycle
feedback like you have in the Amazon.
But, not all of what we call tipping
points in the climate system are
necessarily
drivers of additional warming, right?
Like ice sheet loss is a big impact for
all of us who live near the coast, uh
but it's if anything is probably going
to slightly cool the planet rather than
warm it cuz you're just putting an
immense amount of ice melt into the
ocean uh over time, you know, trillions
and trillions of tons. So, you know, not
every tipping point has to itself, you
know, result in additional warming.
Though, some of them certainly do.
Permafrost thawing, you know,
Amazon dieback are are two good examples
of of ones and and uh sea ice loss as
well because then you're exposing darker
ocean water under the sea ice, which
absorbs more heat. Those are all
self-perpetuating feed or
not in climate self-perpetuating, but
they're they're positive feedbacks that
contribute to additional warming in the
climate system.
Coral reefs
are generally considered to be a tipping
point in that
at least individual reef systems are
highly sensitive to a particular
temperature threshold, which when you go
beyond, you know, the coral expels the
symbiotic algae, the zooxanthellae that
lives inside them, and then bleaches and
dies.
Um but they don't themselves contribute
to additional climate change.
>> Yeah, that's the sea ice. That's if the
ice is on land, then that would have an
a cooling effect temporarily if it goes
in the sea because that's lots of ice in
the sea. But, if it's on the sea and it
melts, that has a warming effect because
there's less sort of sunlight being
reflected back into the air or back into
the atmosphere, sorry.
>> term you'll
Yeah, very very long term you'll have a
warming effect from from melting land
ice because you still expose darker
surfaces. Like, ice is pretty
reflective. But, the ice sheets we're
talking about here, Greenland,
Antarctica, they're just
very very thick. And so, the time frame
over which enough melt would have to
happen to expose significant amounts of
land
is just thousands of years. Um you you'd
have much bigger impacts of many, many
meters of sea level rise long before you
have the sort of temperature feedback
effects of of that ice melt. Whereas sea
ice is very thin. So, you don't need to
lose much sea ice to expose a much
darker surface across wide areas
underneath. And so, it's for that, it's
really the albedo, the reflectivity
impact that's the the major one.
>> 1877, just sticking with El Niño,
because so lots of lots of people might
think we've only been talking about El
Niño since our climate change began. Um
I certainly hadn't heard of it since the
last until the last 10 years, I think.
1877, we had an El Niño which caused
potentially 50 million deaths.
Um 2 to 3% of the world population. And
that was because, as you said, the
droughts, which caused crop failure,
which caused famine. Now, obviously,
sort of technology has advanced a lot
since then. I assume we're not looking
at sort of 50 million deaths um next
year, thanks to this super El Niño. But,
sort of how how serious could this be in
human terms, sort of compared to sort of
historical El Niños that we've seen
before?
>> 1877, as I think I mentioned earlier, is
is roughly tied with 2015-2016 as the
strongest El Niño in history.
Um obviously, we we have less good data
back in 1877. You know, the amount of
ships that were
going through the the El Niño region
taking temperatures uh during the winter
were were relatively small compared to
the buoys and satellites and everything
else we have today measuring these
regions. Um so, the error bars are
bigger in that. But, we do know it was
probably, you know, around 2.7,
2.8° above normal in the tropical
Pacific based on the measurements we do
have uh during
the 1877 event.
Um
but, 1877 was also a world that was much
more isolated, uh much less
interconnected, with much lower adaptive
capacity. Like, we didn't have the
ability to mobilize, you know, the World
Bank and other international
institutions to provide, you know, food
support, to provide direct payments to
farmers who might have their livelihood
wiped out with a drought. You know,
governments in the region these regions
were were much less capable of that back
then. So, you know, I don't think we're
going to see
a famine where millions of people die.
Hopefully not. If if we do, that'll be a
bigger failure on the part of humanity
than on the natural [clears throat]
world. Um but I do think we might see
some pretty persistent economic losses
for these regions. There was a a paper
that came out in science about a decade
ago where they looked at the impacts of
El Nino on economies of these parts of
the world that are strongly affected by
El Nino events.
Uh and the the numbers they found were
pretty staggering. So, in this paper
they tried to model not just the direct
damages like during the El Nino year,
which are in the hundreds of billions
globally, but but also the effect on
long-term growth in these regions. So,
how much slower economic growth was
following El Nino
than it normally would be in these
regions. And they found that if you
account for the loss of growth, the
damages associated with very strong El
Nino events run into the trillions of
dollars. You know, I think it was like 3
to 5 trillion dollars
of losses from the 1997-98 El Nino
event. Um and so certainly it's not just
what happens during that year. It's it's
the long-term effects on these economies
that are important.
>> And so stepping away from El Nino for a
moment looking at I suppose longer-term
climate trends, um all of this
associated with sort of human-caused
climate change not these natural
cyclical phenomenons. This is a graph
from the New York Times and you've got
the 1880 to 1970 trend which looks
fairly, you know, it's going up but
fairly flat. Gets much more steep from
1970, um but then from 2010 to present I
mean the
the temperature rises just seem to be
massively accelerating. So, the the
details I've got here, the planet has
warmed at roughly 0.35°
per decade over the past 10 years
compared with just under 0.2°
C per decade from 1970 to 2015.
Um
I mean, that's almost a doubling of
warming, isn't it? So,
that sounds very scary, right? If if
climate change is is not only sort of
happening, but accelerating, we could be
getting to a very
difficult position quite soon. Um talk
me through that. How worried should we
be about this acceleration and why is it
happening?
>> Yeah, so I think there is increased
evidence that climate change is in fact
accelerating. Um I wrote a piece for the
New York Times back in 2023
when this was more emerging as as an
issue and there was much more
disagreement in the scientific community
sort of putting a stake out there saying
like, yes, we do actually expect to see
some acceleration and it is in fact
happening and and I think the last 3
years have have started to prove that
out.
There is still a debate of how much it's
accelerating. You know, the the graph
you just showed
draws that last line through a pretty
short period of time. So, whether you
have a big El Niño event near the end
like what happened in '23, '24
can affect the slope there. Um there's a
a more recent paper
uh that
uh
a number of us IPCC authors published
where we argue that the the current rate
of human-induced warming is probably
close to closer to 0.3 or a little below
0.3
rather than 0.37.
But either way, it's it's notably
higher, about 40% higher we estimate
than the the long-term warming that
we've experienced since the 1970s. So,
why then is warming accelerating? What
what's going on here? Um well, for one
thing, you know, we're still emitting
more and more greenhouse gases into the
atmosphere.
Uh our emissions have not peaked even
though they've slowed down a bit.
Um and every ton of CO2 we add to the
atmosphere adds to the warming of the
planet. And so, the only way to for
global warming to slow down is for our
emissions to decrease. The only way for
it to stop is our emissions to get to to
net zero, which is why that's the global
target. But But top of our emissions of
CO2 and other greenhouse gases, there's
also something else important happening.
Which is that we're cleaning up the air.
Now, that's a good thing.
You know, outdoor air pollution from
primarily from burning fossil fuels and
and also like burning trash, burning
crops, things like that, kill on the
order of 5 to 8 million people a year.
From things like particulate matter,
PM2.5. And one of the main precursors of
that particulate matter is sulfur
dioxide. That sulfur dioxide comes
primarily from burning coal. And also
diesel fuels cuz there's a lot of sulfur
in fossil fuels that we dig up from the
ground. And that sulfur then goes up to
the atmosphere, forms these little
particulates, makes the air very hazy.
And so if you look at a picture of, you
know, Beijing from 10 years ago and the
sky looks like pea soup, you know,
that's coming from
these coal emissions, diesel emissions,
things like that.
So, that's been a giant health crisis
for decades now. The world has taken
important action on cleaning that up.
You know, China's emissions of sulfur
have fallen by 75% since the the Beijing
Olympics, which was a which was a real
wake-up moment for them.
Global emissions have fallen by about
40% of sulfur since then.
So, that's good news. We should
celebrate that.
At the same time, it turns out that our
emissions of sulfur in particular
from burning fossil fuels were serving
to mask some of the warming from our
greenhouse gases. So, sulfur is very
reflective. It scatters light back to
space, which is why it's so dim outside
when it's very polluted, which is why we
talk about global dimming. It also
serves as what we call cloud
condensation nuclei. So, if there's a
lot of sulfur particles in the lower
atmosphere, it's easier for low-lying
clouds to form around them, which
themselves are reflective and bounce
light back to space.
And so, if you look at, you know, our
best estimate of what is driving warming
over time, about a third of the warming
the world would have otherwise
experienced has been masked by our
emissions of air pollution. So, to put
it another way, we're at, you know, 1.4
or centigrade warming today, we'd be
closer to 2° if we hadn't been uh
masking some of that warming through air
pollution accidentally. And so now that
we're cleaning up that air pollution,
we're sort of unmasking past climate
change. Uh and that's, you know, at
least in my modeling, uh is what the is
the primary driver of this acceleration
we're seeing.
>> I mean, that's
that's terrible.
>> [laughter]
>> I mean, I suppose because this is is it
is a real sort of um
irony, I suppose, because the
the decision to try and clean up our air
was a really important one to make. Um
millions of as you say, I mean, I'm just
repeating what you said really, but
millions of people die from these
particulates. Um so regulating them was
absolutely the correct thing to do. Um
especially, you know, if you lived in
Beijing, there was huge sort of
public
um a a sort of a public upswell of
protest to say, "You need to clean up
our air." My understanding is also that
the the shipping industry sort of new
regulations that meant that the shipping
industry um releases less sulfur
dioxide. That has also had um a a a big
impact on accelerating climate change.
Um although, you know, it's good for
people who live in port cities, for
example, because they have have less
pollution. So, I mean, how do we solve
this? Because, you know, I I I I assume
the people who care about sort of
the health of people's lungs, um they
want us to get to almost zero sulfur
dioxide, but you're saying if we get all
of this out of the air, then we're going
to go up to 2°, which would be a
disaster, presumably. So, how do we
you know, how do we fix this puzzle?
>> It's it's a tough one. I mean, uh
>> [sighs]
>> we're probably going to get close to 2°
this century, no matter what we do at
this point, unfortunately, just cuz the
world isn't getting its act together to
reduce emissions quickly enough. I mean,
the the one thing that is worth noting
is that
these reductions in sulfur emissions and
the associated unmasking of of
greenhouse gas warming are built into
all of our future climate modeling
scenarios. You know, it was as far back
as 2008 or so, I think, when the models
switched over from assuming that we'd
keep polluting the air, you know,
through the end of the century to, you
know, actually no, we're going to clean
up the air. Um, it also turns out that
any model you have where you reduce
fossil fuels and replace them with clean
energy, you get rid of most of that
sulfur sort of by design, right? Cuz
it's it's co-emitted with fossil fuels.
Um, so we [clears throat] we sort of
have that baked into our projections.
It's not a surprise. Um, and there are
other countervailing factors that can
help
prevent that additional warming. So,
greenhouse gases are a pretty big
category. The main one is CO2 that we we
spend a lot of time talking about, but
the second biggest one is methane. And
CO2 the warming from CO2 is more or less
forever. We can we can talk about the
reasons for that later, which are are
in- interesting and complicated, but
methane is very short-lived in the
atmosphere. Um, methane sort of
decomposes or oxidizes into uh water
vapor and carbon dioxide, you know,
after about 10 years in the atmosphere.
And so, if you can cut methane
emissions, you get pretty quick cooling
of the planet, um, because the methane
you emitted previously goes away
quickly.
Um, and so, if you take a climate model
and you get rid of all the sulfur, but
you also get rid of, you know, most
human methane emissions,
the two kind of counterbalance each
other. The problem right now, of course,
is that methane emissions are increasing
at the same time that sulfur is rapidly
decreasing. So, it's sort of the the
worst of both worlds. But, if we can get
to a trajectory where we're reducing our
greenhouse gas emissions and in
particular reducing our methane
emissions quickly, we can help avoid,
you know, the
the termination shock uh of sorts that
we're seeing from from cutting air
pollution.
>> Well, so, why have we
you know, cuz
what can we learn from how it seems like
it was very easy to reduce sulfur
emissions? Why have we managed to reduce
the emissions of sulfur, but not
methane?
Is it because sulfur sort of humans can
sort of see and smell it and therefore
there is a democratic demand, or in
China, I suppose, a popular demand to
regulate it, whereas with methane it's
all a bit more abstract?
>> I think that's part of it, right? Air
pollution is a a pressing, visible
concern that's killing many, many people
today. Climate is also killing people,
but it's more indirect. It's less
visible. It's less, you know, short-term
than air pollution. And so, for better
or worse, there's been more of a push,
particularly in in places like China, to
clean it up. But there's also, from a
technological standpoint, it's in some
ways easier, right? You can put a
scrubber on a coal-fired power plant.
You can, you know, mandate transition
away from diesel lorries to electric
ones as China has done.
Um,
for something like cleaning up methane,
you know, you need to track down diffuse
leaks across a large system of of
natural gas, or you have to deal with
agriculture. You know, uh it's it's
really hard to stop cows from burping
methane. Uh, you know, barring eating
less beef, which, you know, has been a
hard sell for for the public in general.
Um, so there's just sort of easier
techno-fixes in some ways for the sulfur
side than there is for the greenhouse
gas side, which is why I think we've
seen much more rapid reductions there
than we've seen for greenhouse gases.
>> Okay, techno-fixes, you've used the
word. Um, and this conversation about
how we cleaned up sulfur from the air,
and that has increased the heating of of
the earth, has led many people to
suggest that we put some of it back in,
um, but higher up. So, sulfur when it's
close, um, to the earth's surface, um,
we breathe it in, causes lung
conditions, kills lots of people, um,
but it all does also reflect a bit of
sun. Um, and and the argument that
people put forward, and I think you've
sort of suggested it to some degree in
the New York Times, um, a year or two
ago, is to say, "What if we put some of
this sulfur back in the atmosphere, but
we do it much higher up, so it doesn't
have any effect on people's lungs, but
it also has the same effect of
reflecting some of the sunlight back?"
So, it gives us the same global cooling
effect without the problematic health
impacts. Um, this is sort of part of
solar radiation management, um, in sort
of the the official terminology. Um,
talk to me about that. Is that an
option? Should we do it?
>> It's a big question. Um,
you know it, I personally am in favor of
having it as a sort of break glass in
case of emergency measure. Like things
get bad enough with climate change that
we need to respond quickly. Um,
what I'm concerned about is,
you know, it it I In fact, in that New
York Times piece, we we had a good line
on this, which we said the, you know,
the the biggest risk of geoengineering
isn't some Hollywood catastrophe, it's
complacency. Uh, and what we're trying
to get at is that
if the underlying problem is the warming
of the planet from CO2 primarily,
you don't actually solve that by putting
sulfur in the upper atmosphere. So, if I
emit a ton of CO2 today from burning
coal, it's going to keep warming the
planet at pretty steady levels for about
a thousand years or more until
eventually you get, you know, some earth
system responses that that start cooling
things down. But,
and that's a pretty robust finding from
climate science, you know, it goes back
to Susan Solomon's work in like 2009 and
and it's been, you know,
pretty much all climate models today
give similar results.
Um,
whereas if you're putting sulfur in the
upper atmosphere, it lasts for a year
year and a half until it falls out. And
so,
the only way to solve the problem of
climate change
is to stop emitting CO2. Like you can
put a band-aid on it with putting sulfur
in the stratosphere, but as long as we
keep emitting more CO2 per year, you're
just having to put more and more and
more and more sulfur in the stratosphere
to counterbalance it. Um, there's a
great Futurama skit of the classic, uh,
you know, macro running show.
>> How do we get rid of the greenhouse
gases?
>> Fortunately, our handsomest politicians
came up with a cheap, last-minute way to
combat global warming. Ever since 2063,
we simply drop a giant ice cube into the
ocean every now and then.
>> Just like Daddy puts in his drink every
morning, and then he gets mad.
>> Of course, since the greenhouse [music]
gases are still building up, it takes
more and more ice each time.
Thus, solving the problem once and for
all.
>> BUT
>> ONCE AND FOR ALL!
>> And this is more or less a version of
that, right? It It doesn't solve the
underlying problem. And so, there is a
worry that if we start doing it, you
know, people say, "Oh, well, we can just
kick the can down the road. Future
generations can deal with like solving
the mess that we've created, and and we
can, you know, mask it in the meantime."
Um
That's not to say that there's not
there's
not a world where we should be masking
it. Like, if the impacts get bad enough,
we we shouldn't be arguing that people
should suffer in order to
solve the problem. Um but I we want to
make sure that if we do go down that
path, we don't sort of use it as a
short-term solution while ignoring the
big problem of CO2 that we ultimately
have to deal with.
>> And when you say, cuz I hear lots of
people say this, it's sort of something
to have in your back pocket in case of
an emergency event. What counts as an
emergency event? What is a What is an
emergency event look like where we might
take such an extreme response?
>> Uh to be clear, it's not something that
we can like deploy
instantaneously in response to a
particular event. Like, we can't say,
"Oh my god, the El Niño is going to be
really big this year. Let's put a bunch
of sulfur in the atmosphere." Like, the
it it takes more time for those
processes to kick off than, you know,
the the time scale of like a single year
event.
I think it's more like if the impacts of
climate change get so bad that they're
causing widespread human suffering at a
scale that we can't or societies can't
respond to, if, you know, some of these
potential tipping points in the climate
system end up being more severe or more
sensitive, you know, I think those are
the types of cases where we'd say,
"Okay, stuff is getting really bad. You
know, we need to do something about this
in the short term, even while we keep,
you know, working to solve the
underlying problem. Um
and it's important to emphasize that
with solar geoengineering or solar
radiation management,
the more you put up into the upper
atmosphere, the worse the unintended
side effects could potentially become.
You know, for one thing, you're still
putting sulfur or some other particle up
there that is ultimately going to fall
down and people are ultimately going to
breathe it. It still has health effects
even if it's, you know, much less severe
than what we're doing to the lower
atmosphere today.
But also,
it changes a bunch of other things. It's
not like putting a ton of sulfur in the
upper atmosphere
perfectly undoes putting CO2 into the
atmosphere. They have different climate
effects in different regions of the
planet. So, some will continue to warm,
some will cool. If you put a bunch of
sulfur up there, it also has big effects
on precipitation patterns. So, some
regions of the world would get wetter,
some would get drier if you put a bunch
of sulfur into the upper atmosphere. Um
that itself could create a lot of
problems, um particularly because it's
not
always that predictable. You know, if
you put a bunch of sulfur in the upper
atmosphere and suddenly the Indian
monsoon doesn't come the next year, it
could have just been a freak one in
500-year event, but there's no way to
prove it wasn't caused by that
geoengineering. And so, the politics of
it sort of become that you own the
weather once you start doing it. Um and
if you really put a lot up there, you
know, particularly in a scenario where
you where not reducing emissions very
quickly and we just keep masking more
and more and more of it, you know, you
start affecting crop growth by
reflecting more light back to space,
less light reaching the surface. Um you
can turn the sky white instead of blue,
>> [laughter]
>> which, you know, would not be ideal uh
from a, you know, world we want to live
in perspective. Um
and you can hurt the ozone layer. Um you
know, we already see after big volcanic
eruptions uh reductions in stratospheric
ozone and so, the more you're putting up
there, particularly pounded over time,
uh the big bigger impacts you might have
on the ozone layer. So,
it's not a great solution. Um if it the
best case, it's a, you know, stopgap
measure for us to buy ourselves time to
get our act together and solve the
problem.
>> And getting our act together, I mean,
basically involves electrification and
then moving to renewables. I want to get
up a couple of graphs, um, a couple more
graphs. These ones you did make, you you
put them on your your X very recently.
So, you got coal going from somewhere
near 40% down to sort of 31-ish percent.
Um,
nuclear going This is since 1985, by the
way. So, nuclear going down. We all know
the reasons why, although it seems a bit
of a shame in retrospect that nuclear
has gone down in that time. Um, and then
gas, um, sort of leveling out. Wind,
solar, and other renewables going up to
21.8%
so, overtaking gas. Um, that in a way
looks quite positive because you're
seeing, you know, most of the fossil
fuels going down and the renewables
going up. If you look at it in terms of
the absolute
amount of emissions as opposed to the
proportions, um, it looks, I suppose,
more worrying. Um, so, we can get up the
next graphic, which is showing that
while coal has become a sort of smaller
proportion of the energy mix, I mean,
it's still increasing. I mean, maybe it
flatlined in the past year because China
is moving moving to renewables, but it's
still going up and up and up. You know,
you've been working in this space for a
long time. How would you kind of assess
the transition up to this point? Are we
doing better or worse than you would
have imagined 10 years ago?
>> To be honest, I think we're doing
better. You know, I I wasn't
particularly optimistic 10 years ago,
and I think what we've seen in terms of
cost declines from
batteries, from wind, and particularly
from solar is is a goddamn miracle.
Like,
if you told me that we'd be seeing solar
prices as low as we are right now in,
you know, 2010, I I would have said
you're crazy. Um,
and so, you know, I I do think of all
the things happening the world, you
know, solar in particular and its cost
declines is the single best thing we
have going for us.
And at the same time, you know, even
with solar being ridiculously cheap,
it's still an uphill battle to replace
fossil fuels. You know, all all the
graphs you were showing are for the
electricity sector, which is an
important part of
our energy mix.
It still only represents about a quarter
of global CO2 emissions, right? The
other three quarters come from industry,
from transportation, from buildings, and
all the infra agriculture. Those all
need to be addressed as well. And even
in the electricity sector, the wind and
solar that we're adding is mostly going
to meet new demand, which is still
important, right? In a world where we
didn't have that clean energy
revolution, you know, we our emissions
would be much much higher from coal,
oil, and gas because that would be going
to meet this new demand instead. But we
we're still not quite at the point where
we're seeing large-scale declines in
fossil fuel use globally, even if there
are some countries like, you know, the
US, the UK, the EU where we have seen
coal more or less collapse
and largely been replaced by clean
energy and and natural gas.
Um
so we got a long way to go. There are
certainly some good signs. Um we've also
seen a lot of progress with uh
light vehicle electrification. So this
year about one out of three cars sold
globally is going to be electric. Uh and
that's up from, you know, almost nothing
15 years ago.
Uh the US is very much the laggard
there. It's only about one out of 20
cars sold in the US is electric. But if
you go to somewhere like China, it's
every other car.
Um
and so
what we hope is that we can see similar
progress to what we've seen with clean
energy technologies and with vehicle
electrification for things like heat
pumps to decarbonize buildings, um for,
you know, medium-duty transport, for
trucking, for electrification. You know,
there there are a lot of other sectors
where we have technologies that are
reasonably mature today that are falling
in cost that could be effective
solutions. And then there's some parts
of the economy that are just going to be
really hard, like agriculture.
>> [laughter]
>> We don't have that much that can
decarbonize it easily. Um Um, you know,
producing less more food on less land
can open up more areas to to plant more
trees and and you know, reduce impacts
in that way.
Um,
you know, there are certainly some
options for changing agricultural
practices in a way to minimize
emissions, but as long as we have large
amounts of ruminants, cows, sheep, goats
that are producing large chunk of our
food, we're going to have huge methane
emissions from that. As long as we're
adding tons of nitrogen as fertilizer to
our fields, we're going to have large
nitrous oxide emissions.
Um, industrial heat is another really
tough one. So, if you want to heat
something up to 1,000° C or
2,000° C,
uh, you're going to need a huge amount
of energy. And at least right now,
electricity is not a cost-effective way
to do that. You know, maybe we'll invent
small modular nuclear reactors that you
can attach to a steel mill to provide
high-temperature heat, but we're well
away from that today.
Um,
aviation and long-distance shipping are
both tough ones. So, there there's a lot
of areas where we still need to develop
the technologies to be able to
effectively decarbonize. But, the fact
that we have done so for wind and solar
and that we have this success story and
that so many people around the world, so
many smart people are now working on
these problems, does give me some hope.
>> I mean, you're a climate scientist and a
technologist really, right? So, you you
look at the Earth's temperatures, you
look at climate models, and then at
Stripe especially, you're looking at
sort of the technologies which might
help us solve this problem. We'll talk a
bit more in specifically about Stripe in
a moment. First of all though,
there'll be lots of people watching this
thinking, "Actually, the problem isn't
technology. The problem isn't
understanding the science. The problem
is politics." Right? The problem is that
we need politicians who are brave enough
to tell people to eat less meat or fly
less. Um, we need politicians who are
brave enough to stand up to the fossil
fuel companies or brave enough to stand
up to industry and say, "Yes, it might
be cheaper to use um, fossil fuels for
your production processes, but we're not
going to tolerate that." Or tell people,
"You need to consume less." Right? So,
industrial processes are often fueling
consumer products. And no politician at
the moment really wants to stand up and
say, "Consume less." But, there'll be
um, lots of people who we've spoken to
on this show and people who who watch
this show will say, "That's the missing
link." Um what's your approach to that?
Do you think of that as something that
other people think about or do you think
that actually that's wrong-headed? How
do you approach the question of of
climate politics, I suppose?
>> So, I think the climate politics are an
essential part of the story. Um
but I think where they're a lot more
successful is where they are synergistic
with technology rather than
you know, trying to convince people to
make sacrifices or change behaviors.
Like for for better or worse,
most of our or many of our societies are
democracies. They are responding to the
will of the voters and
the politics of asking people to make
large sacrifices in their personal life
are tough. You know, everyone remembers
in the US at least Jimmy Carter, you
know, asking everyone to to turn down
the thermostat and wear a sweater and
that did not end well for him.
Um that's not to say that we shouldn't
do that and promote that. Like people
should eat less meat. People should fly
less. And you're not going to convince
people to skip seeing their grandparents
on the other side of the country, right?
Like we
have become used to a certain amount of
comfort in our modern lives and I think
any attempt to get
to get the public to give that up is
going to be a political dead end and the
type of political system that would be
required to enforce that is not one we
necessarily want to live in.
So, I think what we're left with is
where policy makers can really push the
needle in terms of decarbonization
doesn't necessarily involve huge changes
in our lifestyles. And I think for that
it is ultimately a story about
technology. It's like how can policy
makers identify the technologies that
replace current fossil fuel uses at a
comparable cost or, you know, figure out
ways to push those technologies down the
cost curve so they achieve a comparable
cost or to subsidize them with taxpayer
money. So, from a consumer perspective,
they're a comparable cost. Like all of
those achieve the same outcome of
getting those technologies out there, of
replacing fossil fuels in the real
world. And that's how we saw
this explosion in wind and solar. It you
know, the
too cheap to meter solar panels didn't
descend from the heavens on tablets. You
know, they came from 50, 70 years of
intensive R&D efforts at US national
labs and you know, very expensive public
policy efforts in places like Germany
subsidizing these technologies that were
10 times more expensive than every other
energy generation in the early 2000s.
And more recently huge industrial policy
from places like China to create the
economies of scale necessary to drive
those costs down. Which you know, wasn't
a clear
winner initially. You know, China made a
strategic bet here that we're going to
drive the cost down of these
technologies become a huge
for it to become a huge export industry
for us.
Um
so I think you know, in many ways
technology drives policy and we
shouldn't treat them as independent. But
in another way technology can drive
policy. You know, if you look back to
the Obama years in the US. Um
we thought that decarbonization be
hugely expensive and that hurt the
ambitions in some ways. You know, the
the main policy
uh climate policy law that was debated
during the Obama administration that
never passed was the Waxman-Markey bill.
And that set a target to reduce US
emissions I think 15% by the year 2020.
In reality the US reduced its emissions
18% by the year 2020. We actually beat
the targets of the policy that was never
enacted in the during the Obama
administration.
Um and part of that was the fact that
these technologies got cheap. But
nowadays we're in a very different world
from policy. Like it would be so much
cheaper now to drive a 20% reduction in
US emissions than it was in 2006 because
the technologies needed to drive a 20%
reduction in US emissions are so much
cheaper. And so
that's why we we see much more ambitious
policies worldwide. That's why China and
India have net zero targets because they
see a way that they can meet these
targets without compromising on their
development priorities. And the reason
they see that is because the
technologies needed to meet these
targets have become so much cheaper. And
so I think there is a real way that we
under appreciate where technology
enables policy ambition by reducing the
cost, reducing the sacrifice needed to
have ambitious policy.
>> Talk to me about what you do at Stripe.
So Stripe, if people don't know, it's a
financial payments company. If people
donate to Novara Media, they do it via
Stripe. Um
I suppose a bit like Visa,
but
I suppose
I don't know. I'm going to I'm going to
screw this up explaining what Stripe
does. You maybe can even explain what
Stripe does. But you don't work on the
payment system, you work on the climate
side. So I sort of talk to me Give give
me the context of Stripe and the work
you do for
>> Yes, so Stripe is in many ways the
financial infrastructure of the
internet. You know, they provide the the
digital plumbing for financial
transactions that happen online. And
back in 2019,
Stripe set up a program called Stripe
Climate. As a background there, the the
CEO of Stripe, Patrick Collison, had
read the IPCC report on 1.5 degrees that
came out in 2018. And that report, you
know, laid out the ways that would be
needed to meet our most ambitious
climate targets, which, you know,
obviously, clean energy was a big part
of that, all these other things that we
we talked about. But another part of it
that that report really highlighted was
the need to not just get emissions close
to zero, but also remove a lot of carbon
from the atmosphere, both to deal with
the part of our emissions that we can't
fully mitigate, like agriculture or
aviation,
and to potentially deal with what we
call overshoot. You know, the world
is on track to pass, you know, 1.5
degrees and probably pass 2 degrees this
century.
And if we do that, the only way to get
temperatures back down in the future
permanently is to remove carbon that we
previously added to the atmosphere back
out of it. And so this IPCC report in
2018 had a huge focus on carbon removal,
and that was a technology that largely
didn't exist in the real world. There
was like a shipping container prototype
in in Zurich
>> [laughter]
>> from a direct air capture company, and
and that was about it. Um and so it was
an area where Patrick said, "Oh, you
know, maybe a a relatively small
investment of resources, in the grand
scheme of things could make a big
difference here because this is such a
nascent part of the solution space, but
one that's going to be super important
later this century.
Uh, and so they initially set up a way
where people who signed up uh, to use
Stripe could opt into donating some
money to, you know, support the
development of these technologies. You
know, it raised about $25 million
in the first few years.
Um,
but $25 million only goes so far,
particularly if you're trying to create
an industry that doesn't exist today.
And so,
um, around 2022 they had the idea of
like, can we take what has been
successful at a small scale and and make
it big enough to actually drive change
meaningfully in the real world? Uh, and
that's where Frontier came out of, um,
which is the the effort I primarily work
on. And so Frontier is a coalition of
buyers of carbon removal, including
Stripe, but also folks like Google,
McKinsey, JP Morgan, Shopify,
Salesforce, um,
Anthropic now, and a number of other,
you know, large companies that
collectively have put together enough
money to actually create a market. So,
so we call it an advanced market
commitment, which is actually an idea
that came out of public health
initially. So, in public health there's
a problem where,
you know, you want to create diseases
for tropical, or sorry, you want to
create vaccines for tropical diseases,
but there's not a clear market to pay
for those vaccines, and therefore in
many cases it doesn't happen. And so,
big players in the in the health
philanthropy world like the Gates
Foundation
put together a big pool of money and
said, if you create a vaccine, we will
guarantee we're going to buy a certain
amount of it. And that led to some
really big successes in vaccines for
tropical diseases. And so we said, well,
can we apply a similar model to the
carbon removal space? Can we put
together a big pool of money and say, if
you build carbon removal that works, we
will buy it.
And that then lets companies, you know,
get started, attract investment, raise
capital, build facilities because they
can point to this market and say, hey,
look, there's someone who's actually
willing to pay for
this climate benefit versus a world
where there was really no one a able or
willing to pay for that. And so we've
raised about $2 billion
from Frontier Buyers to spend on carbon
removal. Other players like Microsoft
have themselves committed many billions
of dollars. And so we've really started
to seeing a pretty robust ecosystem for
these carbon removal approaches emerge
in the last few years. Now, it's still a
small part of the solution, right? A
couple billion dollars a year is
not much in the grand scheme of things.
The world spent about $2 trillion last
year on clean energy and climate
mitigation writ large, you know,
electric vehicles, renewables, all the
really important stuff.
Um but, you know, we have to start
somewhere. And if this is going to be
10%, 20% of the solution later in the
century, it's worth spending 1% or 2% of
our money today on it. And so that's,
you know, primarily what I've been
working on on with the teams at Stripe
and Frontier.
>> And I want to put the skeptic's case to
you. So, I suppose what, you know, a lot
of people we've interviewed over the
summer, Naomi Klein, George Monbiot,
probably are in this camp. George
Monbiot maybe slightly less. But if
they're coming from a climate justice
background, and they would say,
the fact that the IPCC ever made this
target which involved carbon removal was
itself a disgrace and a sop to sort of
corporate interests who didn't want to
take more dramatic action.
Carbon removal is an unproven technology
and therefore
even talking about it is a distraction
which creates a moral hazard. And the
fact that now,
you know, companies owned by
billionaires, Google, Alphabet,
Microsoft, they're all piling in to give
this legitimacy shows that this is,
I suppose, a corporate stitch-up
which is distracting real meaningful
climate actions in search of a as yet
elusive techno-fix. How would you
respond?
>> Yeah, it's a reasonable criticism. I
think there Let me address it in a
couple parts. First,
the [clears throat] physics of the
climate system are clear, right? We The
only way to stop the world from warming
is to get to zero emissions globally.
The only way to cool the planet back
down durably is to remove more carbon
than we're emitting.
And there are certain parts of the
economy that we're not going to be able
to fully decarbonize, full stop. There's
going to be at least 2 billion tons a
year of residual emissions, if nothing
else from nitrous oxide in agricultural
systems. You know, most models have us
closer to 4 or 5 billion tons a year uh
of residual emissions at the point of
net zero that we're going to have to
solve somehow. Um
And so,
you know, at a minimum, you're going to
need some carbon removal to do that. And
unfortunately, because we seem to be on
track to overshoot our climate goals,
you know, if we ever want to cool things
back down, we're going to need carbon
removal for that. So,
I just don't think there's a way to put
together a system that stops the world
from warming without at least some
carbon removal. It's It's again, as I
mentioned earlier, going to be 10% of
the solution, but 10% of a problem as
big as climate change is is one that
merits,
you know, a lot of people working on.
On the corporate side,
so it's a complicated question. I I
would note that many of the same
companies that are spending money on
carbon removal, the Googles of the
world, are also the biggest buyers of
clean energy out there, and they're
spending a lot more money uh buying
renewables projects than they are doing
carbon removal. It's It's a pretty small
part of their portfolio of of climate
action. Um
And as I mentioned earlier, the world is
spending about $2 trillion a year on
mitigation at large and only about 2 3
billion dollars a year on carbon
removal.
So, I think,
you know, in terms of a pure like how
much effort we're spending on mitigation
versus removals, it's not that
disproportionate. It's maybe 0.1%
0.2% of the money going to mitigation is
going to removals globally today.
Um which I think is fine. You know,
maybe we should even increase that to
closer to 1%, you know, uh in the next
decade or two.
Um On the question of whether these
technologies are unproven, of course
they're unproven. We haven't done them.
It's almost definitely unproven because
we are trying to prove that they work.
Like that the whole goal of of frontier
and the efforts we're doing is to use
this decade to figure out what works and
what can scale. And if none of them work
and none of them can scale, that itself
is an important lesson and means we're
probably going to have to
figure out somewhere some other way to
to solve this problem um because we
don't have the solutions we need. But at
the end of the day, we know that some
will work. We know that, you know, you
can uh capture carbon in alkaline rocks.
Nature does it uh at a scale of billion
tons a year naturally and it's the
biggest driver of the the long-term
carbon cycle. And so technologies like
enhanced rock weathering or ocean
alkalinity enhancement or surficial
mineralization can bind atmospheric
carbon into mineral form and and take it
out of of the air. You know, we know
that biomass, the photosynthesis,
sequesters billions of tons of carbon
naturally each year and much of that
then gets re-released when that biomass
decays. If you can interrupt that cycle,
take some of the biomass that otherwise
would have decayed and pump it down into
geologic storage either in the form of
gaseous CO2 or just the biomass directly
like what companies like Charm
Industrial are doing.
You know, that's going to prevent those
that carbon from getting back to the
atmosphere and and ultimately reduce uh
the amount in the atmosphere. So, you
know, the technology is there's not
physics-based reasons to assume they
don't work, right? I think the question
is
can they work
at a reasonable price point where it
makes sense um which, you know, we've
roughly targeted toward $100 a ton. Um
most of these technologies are closer to
two, three, $400 a ton today. And so
there is a lot of work needed to to
drive the cost down. I think the other
big concern that critics raise is this
idea of moral hazard. You know, are
people just going to, similar to our
discussion of SRM, punt the can of
solving the problem down the road
assuming we can just clean it up after
the fact with carbon removal. Um and I
think that's
an area of reasonable criticism. Like I
myself have criticized uh some of the
models that, you know, have been used by
the IPCC in the past for being a little
too bullish on just how much we could
scale these technologies in the future.
You know, some of them have these crazy
worlds where we're removing half of all
of what we're emitting today by the end
of the century, and I think that's just
absolutely insane.
Um
and I think it's also just going to be
so much more expensive to clean up our
mess after the fact than mitigate our
emissions in the first place. You know,
carbon removal today is $300 a ton. If
we're wildly successful, we can get it
down to $100 a ton. Most emissions
reductions today are less than $20 a
ton. And so, if a company is deciding to
get to net zero by, you know, spending
an enormous amount of money on direct
air capture or backs or enhanced
weathering instead of reducing its own
emissions, it's effectively setting
money on fire. There's much, much
cheaper ways to do that.
>> But again, it's worth it's worth having
the technology in our back pocket if we
need it, and it looks like we're going
to need it. Um Google, Microsoft,
Anthropic, all these companies you say,
you know, they're putting money towards
this this project to try and stimulate
um a market and innovation towards um
carbon removal.
You're saying they also buy quite a lot
of clean energy. Um they're also
building a lot of data centers.
So, there is currently um you know, a
lot of concern about the data center
build-out. This again was something that
sort of Naomi Klein really emphasized
when I spoke to her. Um the water use,
the energy use. I know you've worked on
this. Um you've sort of done some
research into how carbon-intensive data
centers are. Um I want to get your your
perspective. What did you find?
>> Yeah, so data centers are are using a
huge amount of energy. Um obviously
using energy by itself does not drive
climate impacts. It depends where that
energy comes from. Uh but at least today
most of that is coming from natural gas,
uh which is
not where we want to go. Um
it's also not necessarily where the data
center providers want to use ultimately.
Like, if they could get cost-effective
clean energy, they would. Um but the
permitting restrictions, transmission
unavailability,
you know, delays in grid connection,
there's a lot of things that are forcing
folks toward gas today that I think are
are deeply problematic. Um In terms of
the overall impact of data center
buildout, it's both big and probably not
going to move the needle on our emission
trajectory all that much. So, look let's
look at the US for example. The US,
you know, has been building a huge
amount of data centers. Some of the
estimates suggest that up to 12% or even
15% of US electricity will go to data
centers by 2030
um or 2035.
But,
that's only about
4% of US emissions overall cuz again
only about 25% of US emissions are in
the electricity sector. If you were to
to increase electricity use by 15%,
um and that ends up being something like
0.2%
of global emissions. And the vast
majority of data centers being built
today are being built in the US. So,
it's not great. It's not going to make
our job any easier to meet our climate
goals, but it's not like we're going to
end up at, you know, 4 or 5 degrees
warming instead of 3 by the end of the
century because of data center buildout,
right? From a like global emissions
perspective, it's
making it harder to cut emissions, but
not substantially increasing the
trajectory of of future emissions even
if at a regional level or country level
can have a much bigger impact.
>> This is the kind of thing I've been
seeing a lot sort of coming up on my
timeline recently. So, this is uh
someone who is, I think, an exec at a
company called Rainmaker. Rainmaker just
produced 19 million gallons of water in
Alaska via next-generation cloud seeding
over 3 hours of operations. We're the
first company to provably produce
precipitation in Alaska as promised.
We've linked our white paper and
relevant data. In the future, Rainmaker
will protect and restore glaciers with
man-made snowfall. Immediately, this
demonstration shows how Rainmaker will
add new water to the Colorado River and
Great Salt Lake in the coming months.
And this had, you know, I'm not going to
ask you actually specifically about this
company, although if you have
information, I'd be, you know, you're
you're very welcome to share it. But, I
see this every so often,
um you know, once a month or so. This I
think this got 4 million views, this
tweet, where there is a company coming
out and saying, "We have come out We
have come up with this fantastic
technology, which we just tested, which
could be an absolute game-changer in
terms of of climate change." And
everyone gets very excited. And I'm
always very curious. I don't sort of
dismiss these things out of hand. But, I
suppose from your perspective, how
should we interpret these? Do you Do you
think that there are a lot of people at
the moment who are bullshitting when it
comes to climate? Maybe they're in sort
of seeking venture capital? Or do you
think that there is genuinely a lot of
very interesting innovation going on, um
you know, in and around the tech center
tech sector, sorry, um by, you know,
innovators, often in the United States
or or the West Coast of of America?
>> I mean, I think it's both, right?
There's There's no lack of companies or
or startup founders that are
faking it till they make it and, you
know, bullshitting to to get attention
or investment. And there's a lot of
legitimate, awesome innovations
happening out there. You know, I don't
know that much about the cloud seeding
space, which is this particular startup
is playing in, to be able to judge, you
know, is this vaporware or or is this
real? Um
Certainly, if cloud seeding were to
work, it could help at the margins,
but only so much, right? You're not
going to create moisture in the air when
it's not there in the first place. And
if you create make rainfall in one
place, it often comes at the expense of
rain falling in another. You know, the
atmosphere is is ultimately somewhat
zero-sum when it comes to the amount of
rain potential.
Um
there has been a long history of
attempts to do cloud seeding. You know,
China's done it at very large scales,
you know, parts of the US West have been
trying experiments on it for many
decades. Historically, it's been very
hard to actually pick up a meaningful
full signal from the noise, like to say,
if it actually did rain after you did
it, is that because of it or is that
because every now and then it just rains
in general? You know, there hasn't been
a particularly strong signal, and a lot
of folks in the climate world are are
pretty skeptical about the overall
effectiveness, particularly compared to
the cost. But,
you know,
technology on this front is always
advancing. There might be some real
breakthroughs here. I don't know. I
think the jury is still out until the
the climate and meteorological community
really reviews the the data coming from
these efforts.
Um but I think at the end of the day,
like stuff like this isn't going to
solve the bigger problems we have. The
we're not going to get the Colorado back
to its full flow long-term by doing
cloud seeding.
Um ultimately, if the snowpack is
disappearing from higher temperatures
and higher evaporation,
you know, this is only going to be
tinkering around the margins.
>> Uh one last technology I'm going to put
to you. Um this is something that's been
suggested not by a sort of entrepreneur
on the West Coast of the United States,
but Sir David King, the former chief
scientific adviser in this country. Um I
interviewed him, I think, last year. Um
and and their big project, I think at
the Climate Repair Centre, I might have
got his name slightly wrong, is is they
want to protect and repair the Arctic,
potentially by
uh the method of marine cloud
brightening over the Arctic to
specifically in that part of the world,
so not sort of reduce overall global
temperatures, which is the um sort of
the stratospheric aerosol injection
method that we talked about earlier, but
just by um brightening clouds in those
areas where the Arctic is most at risk
of of sea ice melt. Um
what do you think of that?
>> I mean, I think in some ways it's a less
risky geoengineering technology than
stratospheric aerosol injection. You
know, it's it's much more short-lived.
It's much more regional in its effects.
You can easily stop it. Um I still
think, you know, there are some
questions about its impacts on things
like precipitation patterns that need to
be addressed.
Um
and similar to our discussion of of
stratospheric aerosol injection and
solar radiation management, it doesn't
actually solve the underlying problem.
So, you could potentially
you know, temporarily keep the Arctic
from melting as quickly or or the
Antarctic um through deploying this, but
you'd have to keep doing it constantly
forever
or until we, you know, get our emissions
to zero and ultimately remove enough
carbon from the atmosphere to get
temperatures back down to a point at
which, you know, the the problem isn't
going to persist. So,
as far as stopgap solutions or stopgap
measures, you know, it's it's worth
exploring. Um but I think we should make
sure it doesn't detract from the need to
to actually solve the problem here,
which is greenhouse gases in the
atmosphere.
>> Zeke Hausfather, thank you so much for
speaking to us. Really, really
appreciate it. Um
you know, I mean, you're the expert on
El Niño, so I imagine we'll try and get
you on uh later this year or in early
2027 if the really hits the fan,
which seems like it it might do. Uh but,
you know, we we
>> Hopefully not, but
>> Yeah, hopefully it won't. We talked
about the potential solutions as well,
so I appreciate that. Uh yeah, thank you
for joining us on the Var Media.
>> No risk. Great to be on.