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Zero: The Climate Race

Three US Governors, Republican and Democrat, pitch green spending

Zero: The Climate Race

Bloomberg

Technology, Business, Science

4.7219 Ratings

🗓️ 29 June 2023

⏱️ 44 minutes

🧾️ Download transcript

Summary

Policy can make or break climate action. Usually, national policy gets the most attention, but what local and regional governments do can make a bigger difference, especially in large countries like the US, India and China. This week, Akshat Rathi speaks with three US governors – Jay Inslee of Washington, Michelle Lujan Grisham of New Mexico, and Eric Holcomb of Indiana – about how they navigate partisan politics and the need for climate action. As governors who control state budgets and priorities, their decisions now could supercharge national climate action, or hinder it.

More on the topic: 

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks to Brian Eckhouse, Aaron Clark, Jen Dlouhy, Gilda Di Carli and Kira Bindrim. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit bloomberg.com/green 

See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Welcome to Zero. I'm Akshut Rati. This week, red state, blue state, green state?

0:19.6

Policy can make or break climate solutions.

0:21.6

And most of the time when you hear the word policy, it refers to rules set out by national governments.

0:28.6

But what local and regional governments do can sometimes make a bigger difference,

0:33.6

especially in large countries like the US, India and China.

0:38.3

Today we are going to explore how climate policy is playing out across the US with the help of

0:43.3

three governors from three very different states, Washington, New Mexico and Indiana.

0:50.3

The politics of each of these states shows the breadth of climate debate across the US.

0:55.0

Two states, New Mexico and Washington, are led by Democrats, and the other, Indiana, by a Republican.

1:02.0

One is a major oil and gas producer, while another is the country's largest maker of steel.

1:07.0

One has a governor who ran unsuccessfully for president, but whose ideas ended up

1:12.9

becoming national climate policy anyway. The governor is the highest elected official in a state,

1:18.7

and what they do now can supercharge national climate action or hinder it. Take the Inflation

1:24.8

Reduction Act. You've heard us talk about it 100 times already on zero.

1:29.5

Although this is a federal bill, individual states will determine a lot of how that money gets spent.

1:35.3

Estimates say that the law could move some $370 billion into climate tech over the coming decade.

1:42.0

But it could be a lot more, hundreds of billions of dollars more, if state governments embrace the bill.

1:48.0

This week we find out how different governors work on climate policy while navigating fractious politics,

1:55.0

how each walks a different line when it comes to climate action, and why Republicans can also love solar.

2:17.2

I'm Jay Inslee, and I'm running for president because I'm the only candidate who will make defeating climate change.

2:19.1

Our nation's number one priority.

2:21.4

For a decade, Jay Inslee has been the governor of Washington.

...

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