Electrification – not decarbonization – is the climate story of 2026
Zero: The Climate Race
Bloomberg
4.8 • 296 Ratings
🗓️ 22 January 2026
⏱️ 41 minutes
🧾️ Download transcript
Summary
Decarbonizing energy is just one part of the climate story. The other half is electrifying as much as possible. That is why electrification, not decarbonization, is likely going to be the most important climate story of 2026.
Kingsmill Bond is a strategist at thinktank Ember and the author of a paper called the Electrotech Revolution. This week on Zero, Bond tells Akshat Rathi why he believes electrification is inevitable, and what happens to those that are left behind.
Explore further:
- India Is Electrifying Faster Than China Using Cheap Green Tech
- Read Ember's Electric Revolution report.
- Read Ember's analysis of India's electrification.
- Read Bloomberg's Bottlenecks series.
Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Zero. I'm Akshad Rati. This week, the ElectroTech Revolution. |
| 0:19.0 | Here's a crazy start for you. If you're driving a fossil fuel car, gasoline, diesel, whatever, more than 70% of the energy |
| 0:26.6 | you put into the car is wasted as heat. |
| 0:29.6 | Only 30% actually moves the car. |
| 0:32.6 | And that's after more than a century of phenomenal effort to make the internal combustion engine as efficient as possible. |
| 0:41.3 | By comparison, if you're driving an electric car, more than 80% of the energy moves the car. |
| 0:46.7 | And that's, of course, now when the electric car story is just beginning. |
| 0:51.4 | This kind of enormous efficiency gain that comes from stopping burning molecules |
| 0:56.5 | and powering things with electrons is one of the key pillars of what my guest today, Kingsmill |
| 1:02.2 | Bond calls the ElectroTech Revolution. This he believes is a moment in time where electricity-related |
| 1:08.4 | technologies start to challenge the dominance of fossil fuels. |
| 1:12.9 | Kingsmill is a strategist at the think tank Ember and has had a long career working across finance |
| 1:18.5 | for Deutsche Bank and Citibank, as well as a strategist for non-profits like Carbon Tracker and the Rocky |
| 1:24.9 | Mountain Institute. Alongside his colleagues at Ember, he published a report late last year, full of cool statistics showing how that revolution is unfolding, which countries are speeding ahead and which are falling behind. |
| 1:37.3 | With countries like the US backsliding on ElectroTech, I wanted to invite Kingsmill to talk about why he is so certain |
| 1:44.8 | that the ElectroTech Revolution is inevitable and what happens to those that are left behind. |
| 1:56.1 | Kingsmill, welcome to Zira. |
| 1:57.7 | Hi, I'm sorry. |
| 1:58.9 | Let's see you. |
| 1:59.0 | Let's start with what you've been currently obsessed with. |
| 2:02.6 | Your team calls it the Electrotech revolution. |
| 2:05.6 | What is it? |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

