Join us as we explore the intriguing concept of internal carbon fees, a bold step companies are taking to put a price on their carbon footprint. We unravel how these fees, recommended to range from $100 to $200 per ton of CO2, serve as more than just a method to offset emissions. Instead, they establish dedicated funds for broader climate solutions, demonstrating a genuine commitment to sustainability. With examples from industry leaders like Klarna, Microsoft, and Swiss Re, we discuss the varied approaches to implementing these fees based on emission types and control levels. Klarna's tiered fee structure, Microsoft's integration into investment decisions, and Swiss Re's gradual increase to $200 by 2030 showcase innovative strategies. For companies not ready to adopt internal carbon fees, alternatives such as allocating a percentage of profits to climate projects or funding external solutions are explored, highlighting the trade-offs in incentivizing emissions reduction.

Listen in as we discuss the critical role of collaborative sustainability and the importance of setting high standards for climate projects. Transparency and additionality emerge as essential elements, ensuring that investments lead to real climate benefits rather than merely supporting existing projects. Tackling scope three emissions requires collective effort, with larger companies supporting smaller suppliers to create a ripple effect in emissions reduction. We emphasize the power of individual consumer choices and the significance of storytelling in inspiring sustainable practices. As we envision a sustainable future, we recognize the growing awareness of the interconnectedness between a healthy planet and a healthy economy. By embracing continuous learning, innovation, and mutual support, we aim to make sustainability the norm in all business practices, fostering a fairer, more just, and prosperous future for all.

Is the private sector ready to become the hero we need in the climate crisis? Our latest episode grapples with the stark findings of the IPCC report and the sweeping urgency to ramp up carbon removal efforts. We’re talking about a seismic shift, where industries and businesses must spearhead the charge to extract vast amounts of CO2 from our atmosphere by 2030 and 2050. From acquiring carbon removal companies to pioneering innovations like direct air capture, the strategies are as varied as they are vital. We explore the role of potential regulations and market demand in creating a financially viable pathway for these essential services, driving home the point that the time for action is now.

As we transition into a low carbon economy, the stakes are not just environmental but economic. This transformation will create shifts across sectors, with clear winners and losers. Understanding this evolution is crucial for everyone—from savvy investors to everyday citizens—who wish to be on the right side of history. Our conversation challenges whether the private sector can truly lead this charge without significant policy changes from governments. We invite you to join us in questioning, learning, and preparing for a future that hinges on our actions today.

Ever wondered what happens to all the garbage we toss out or what's going on inside the stomachs of cows munching grass in fields? Surprisingly, these seemingly unrelated topics are interconnected through a potent greenhouse gas: methane. In our latest conversation, we explore the significant role methane plays in climate change, being far more impactful than carbon dioxide. With the European Union taking charge through the EU Methane Action Plan, we are joined by an expert in methane emissions to break down this ambitious strategy aimed at reducing methane emissions across the EU by building on a successful track record of a 36% reduction since 1990.

Listen in as we uncover the primary sources of methane emissions within the EU: agriculture, waste management, and energy. We shed light on how cow burps and manure management account for over half of these emissions, posing complex challenges that require fundamental shifts in farming practices. Moving to waste management, we discuss the role of landfills and the often-overlooked issue of food waste. Lastly, we tackle the energy sector, where leaky oil and gas infrastructure contributes significantly to methane emissions. This episode promises to offer a fascinating glimpse into the efforts and challenges of reducing methane emissions for a more sustainable future.