Cleaning Up: Leadership in an Age of Climate Change Michael Liebreich, Bryony Worthington

In this week's episode of Cleaning Up, we find how much and how much more governments would have to spend for hydrogen to live up to its hype. This audio blog is adapted from a piece Michael wrote at the end of last year for BloombergNEF, entitled "Clean Hydrogen's Missing Trillions", which estimated that hitting the Hydrogen Energy Ministerial target of 90 million tonnes of clean energy by 2030 would require subsidies of at least $2.3 trillion to be on the table right now, while the actual figure at the end of last year was 1/10th of that. Although the figures have changed a bit since then, the message remains the same: the subsidy gap remains in the multiple trillions of dollars. It should not therefore be surprising that the news is full of projects being cancelled and delayed. In fact, that will be one of the main hydrogen stories through to 2030 and beyond.

Up this week is Simon Holmes à Court, the Australian investor and philanthropist with a passion for using data to change the world.

In 2022, the federal elections in Australia delivered an upset, as around a third of the electorate turned their back on the established parties and voted in seven new independent MPs taking the total to 10. Simon was responsible for a crowdfunding initiative - Climate 200 - that supported 23 candidates in all, pledging to act on climate, political integrity and gender discrimination. He remains very involved in the challenge of pivoting Australia from a fossil fuel based economy to a clean energy superpower.

How can we build a more united climate movement? What should be the role of geoengineering? And how can indigenous voices be brought into the climate conversation? Bryony puts these questions to model, actor, director, ambassador and businesswoman, Lily Cole.

Welcome to season 12 of Cleaning Up! If you want a sense of the trajectory of climate action, you have to understand China, and you have to understand finance. There is no one better to share insights on both than Dr Ma Jun, Founder and President of the Institute of Finance and Sustainability in Beijing.

Bryony and Michael round up the eleventh season of Cleaning Up this week. They explore the themes running through the episodes, from theories of change to innovation, and discuss the things that surprised them, the moments they liked (or didn't) and reasons for optimism for the transition.

Michael chats with Saul Griffith, Australian-born engineer, inventor, advisor, author and 2007 MacArthur "Genius". He specialises in clean and renewable energy technologies, and has founded a dozen technology companies across 20 years in Silicon Valley, as well as authoring 3 books, including `Electrify', and `The Big Switch'. He has recently turned his attention from Otherlab, his independent Research and Development lab, to policy work and writing, including founding Rewiring America and Rewiring Australia, non-partisan organisations dedicated to electrification and decarbonisation and the associated policy and regulatory implications of meeting our climate goals.