How Climate Policies Boost Economic Opportunities – Gina McCarthy, Fmr. White House National Climate Advisor & Head of the Climate Policy Office (Biden Admin.), Fmr. EPA Administrator (Obama Admin.)
Release Date: 10/29/2024
Electric Ladies Podcast - Women Leaders Discuss Careers, Trends, Technologies and Innovation in Energy, Climate, and Corporate Responsibility
“Your job isn’t to know the answer. Your job is to ask all the right questions of where the business is going and…Don’t be afraid…(Align) with people who could see the possibility of (your) experience…Take that stretch job and just remember you’re in the room to ask different questions, and that’s perfectly fine. So, take the stretch and then lean into your experience that allows you to have a different lens and a different perspective.” , Chief Sustainability Officer at Workiva on Electric Ladies Podcast When the economy feels tough or you feel like things are...
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“(Climate modelling)…it's being used in things like insurance companies. It's being used by companies for their ESG assessments. So, when you get your insurance premium at the end of the year, there is some kind of climate model that has said something about the risk of your house to flood. It has said something about your risk to fire. And so that might be driving up your insurance premium…And so it's being involved in your lives in many different ways. The food you consume, those grocery bills, there's prices behind it that are being driven by people using climate models saying...
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“Regardless of what's happening with kind of the ESG backlash conversation here, especially in the US, our other jurisdictions are coming hard and fast on regulatory…It doesn't matter what's happening in the broader ESG backlash …The other piece is, our corporate customers that have their own set of goals and expectations have absolutely not led up on us on wanting to see us continue to progress and move forward and drive change and help them drive change, because that is their expectation of us as a large scale supplier.” Page Motes on Electric Ladies Podcast If you're thinking...
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“An estimated is expected to change hands (globally) under the so-called ‘great wealth transfer’, with women set to inherit nearly 70% of that amount. Combined with rising educational attainment, stronger diversity and inclusion efforts, and ongoing progress in closing the gender pay gap, this moment signals a transformative rise in global female affluence… What does it mean to be wealthy in this world? What are the type of behaviors? How do we put into practice the values that we have?” Silvia Bastante de Unverhau on Electric Ladies Podcast You might not have heard about...
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“We were the first to lightweight our bottles. So, if you think about a typical bottle of soda, it's about 27 grams of plastic. Our bottles, this year, I think they're coming in at 6.6 grams. So it's incredibly lightweight. I always say, you know, it's a Niagara bottle if it crinkles…We've created label-less bottles so they're easier to recycle. …And, we're now running lines that are in entirely recycled content. So we are very committed to creating bottles that that do not harm the planet, and also that allow for the most circular of products while we also think about what the bottle of...
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“What we're seeing is, as the new carbon economy moves forward – and this is critical to businesses to operate in the future, in the next five, 10 years – it’s colliding with the digital transformation and financial transformation. And so, I think one of the essential things our customers are asking is. ‘how do we bring together the Chief Sustainability Officer, the CIO and the CFO and the new market, digital and carbon economy as we go forward?’ Because you need all three lenses to make a holistic decision for both the growth and resiliency of your company.” Mandi McReynolds on...
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“Essentially what carbon accounting is doing is it's using a mathematical equation to come up with a standardized unit of measure that we call a carbon dioxide equivalent of how you can, um, measure and track all of the different greenhouse gases that your business emits through various activities. There's actually seven distinct greenhouse gases that are included…So what carbon accounting is doing is it's using it's using math to take those different greenhouse gases and normalize them into a standard unit of measure, which is carbon dioxide equivalent… (to measure) its warming ability...
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“We did do a study where we shared the story of the careful thought that went into products that were better for people and the planet … Then we administered the standard guest satisfaction survey, and what we found, Joan, was 150% increase in satisfaction, loyalty numbers… Why?...They equated it to service. They said, a hotel that goes out of its way to choose products that are better for me and the planet is a hotel that I have confidence is going to take better care of me while I'm there.” JoAnna Abrams on Electric Ladies Podcast As conference season begins and then the holidays, a...
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“I like to think about ESG not only as a risk management tool, but also as an opportunity. I think the, the flip side of risk is opportunity. So if we think that a diverse team is what will bring more innovation, more ideas, more, let's say different ways of looking at needs and products, then this is an opportunity….What about if we think about the way that people consume, what is the carbon footprint that we have?.... And how do you reduce it? Or maybe build technology that helps reduce your impact on the planet, or helps you reduce the amount of AI or cloud usage that you use? So I, I...
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“The theme of the expo is ‘designing society for future lives.’ And it is just that from the foundations, from the buildings to the exhibits, each country showcasing what they're doing for our future, in technology, healthcare, sustainable, living energy…The Japan pavilion's exhibit…is about the circular economy and…the theme is between life and life. So the pavilion, and its circular structure, is about life and how everything is connected and flows, again, the circular economy.” Yvonne Burton on Electric Ladies Podcast Japan is one of the countries most vulnerable to the...
info_outlineHow Climate Policies Boost Economic Opportunities – Gina McCarthy, Fmr. White House National Climate Advisor & Head of the Climate Policy Office (Biden Admin.), Fmr. EPA Administrator (Obama Admin.)
“(People) just have to work with their own local communities….We are talking about $400 billion of investment in the Inflation Reduction Act already captured. That's just two years. This is a 10-year bill…To me, what's most exciting is that the opportunities are real, and you can grab them.…Already 3.4 million families have grabbed Inflation Reduction Act tax breaks, and put solar on their roofs, made their homes more energy efficient, which considerably lowers energy bills for those families. And, when you get into families and communities and people can see and feel the benefits, that's when it's going to take off. And so I'm seeing that happening already, but we're also recognizing that we just have a, a wealth of broader opportunities available.” Gina McCarthy on Electric Ladies Podcast
In this year’s historic election, many people may be confused about how climate policy relates to the economy – or they may think it’s only an economic drain. But it turns out that climate and energy policy are huge economic drivers. How?
Listen to Gina McCarthy, fmr. White House National Climate Advisor & Head of the Climate Policy Office and fmr. EPA Administrator in this enlightening conversation with Electric Ladies Podcast host Joan Michelson live from the Democratic National Convention. They also share insightful career advice.
You’ll hear about:
- How do the Inflation Reduction Act & Infrastructure Investment Act create economic growth?
- How can regular people, homeowners and small businesses seize opportunities in the IRA, no matter what state they’re in? (McCarthy offers tips & explains where the money is going so far.)
- How will Vice President Kamala Harris address climate change and clean energy? Why doesn’t she talk about it more?
- Where the funding and incentives are for training in these new climate- and clean energy-related industries and fields.
- Plus, insightful career advice, such as…
“My advice would be to look for a career path that makes you happy. One that makes you feel like when you got home, you did something….and I would be open to many different things…I don't think women should pigeonhole themselves. I think they should look for stretch goals. Go into something you didn't do before, and it will excite you to learn….I just want women to consider something new and different. I want them to have the courage to say, ‘I can do this.’” Gina McCarthy on Electric Ladies Podcast
Read Joan’s Forbes articles here.
You'll also like these episodes: (some may be recorded under our previous name, Green Connections Radio)
- Rachel McCleery, Senior Advisor, Treasury Dept. Inflation Reduction Act Program, on how to leverage the IRA to save money reducing a building or business’s energy use and carbon footprint.
- Vanessa Chan, Ph.D., Chief Commercialization Officer of the Department of Energy and Director of the Office of Technology Transitions, on the Inflation Reduction Act and the transition to clean energy.
- Polly Trottenberg, U.S. Deputy Secretary of Transportation, on the transportation revolution taking place.
- Heather Boushey, Member National Council of Economic Advisors and Chief Economic of the Invest in America Cabinet, in the Biden Administration, on climate and energy policy and the economy, and the Inflation Reduction Act & Infrastructure Investment Act.
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