Capitalism can be blamed for worsening the climate crisis, says journalist Akshat Rathi, but it can also be used to drive the solutions to fix it. In this episode of TED Talks Daily, recorded at the Bloomberg Green Festival in Seattle, Rathi discusses his book Climate Capitalism, and how the strategic use of market forces and government policies can make sustainability profitable.

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Reporter Akshat Rathi speaks to Eric Toone of Breakthrough Energy Ventures about what’s hype and what’s not in the world of energy startups. Breakthrough is one of the world’s biggest funders of early stage climate technologies and has poured billions of dollars in more than 120 startups. Toone weighs in on everything from carbon removal to the grid, nuclear fusion, nuclear fission, and green hydrogen.

Explore further:

• Past episode about Commonwealth Fusion System’s reactors
• Past episode about the drilling techniques employed by geothermal startup Fervo
• Past episode about the plethora of carbon capture startups
• Past episode about the energy startup trying to replace coal with a very cheap battery
• Past episode about TS Conductor’s approach to reconductoring
• Past episode with Bill Gates about the areas of the energy sector he’s investing in

Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Sharon Chen, Ethan Steinberg, and Jessica Beck. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

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General Electric Co was officially founded in 1892, when several of inventor Thomas Edison's ventures were consolidated into one company. From then on, it was a behemoth. But now that’s changed: A break-up that began last year has concluded with GE splitting off into three separate companies. Scott Strazik is the CEO of GE Vernova, which focuses on wind turbines, nuclear power, and carbon capture, as well as grid solutions such as software and batteries. Strazik joins Zero to talk about how the company is in the "early innings of an investment super cycle," and how it intends to overcome difficulties in offshore wind.

Explore further:

• Past episode about the grid and the march toward electrification
• Past episode about how Microsoft is squaring its AI growth with its carbon negative ambitions
• Past episode with BloombergNEF’s Jenny Chase about the goal of tripling renewables by 2030

Zero is a production of Bloomberg Green. Our producer is Mythili Rao. Special thanks this week to Will Mathis, Siobhan Wagner, Monique Mulima, Ethan Steinberg, Blake Maples, and Jessica Beck. 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.