Climate Money Ep. 3: The narrative miss on $200B in climate losses + deep dive on Tesla’s Hertz problem with mobility expert Olaf Sakkers


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Jan 23 2024 25 mins  

Welcome to the Episode 3 of the Climate Money Podcast. Follow the climate headlines — and the climate money — with me, Susan Su.


In this episode, we look at:


  • $200B in climate losses and the climate narrative problem. New data out from global reinsurer Munich RE shows that 2023 was the biggest year on record for climate-related losses. So why are we still talking about the “weather?”
  • Tesla’s Hertz problem, Ford’s Lightning layoffs, and why China is exporting millions of combustion vehicles even as it becomes the biggest market in the world for EVs. We’re joined by special guest and mobility expert Olaf Sakkers, of RedBlue Capital, to learn more about what’s really behind all the bad news for EVs, and why there’s still reason to be bullish on an electric future