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On Wednesday, September 22nd, Axios co-founder Mike Allen and energy reporter Ben Geman hosted a virtual conversation on the innovative approaches climate leaders are undertaking to reshape standards for sustainability initiatives in 2022 and beyond, featuring White House national climate adviser Gina McCarthy and Environmental Defense Fund president Fred Krupp.

Gina McCarthy explained the Biden administration’s recent environmental priorities, the importance of mobilizing different communities to fight climate change, and how the White House is incentivizing private industries to reduce their emissions.   

  • On addressing extreme heat problems: "I think everybody’s beginning to understand as the President tours the sites of wildfires and flooding and other really big challenges like drought, there’s this silent killer for climate change that’s called excess heat, that really doesn’t get enough attention."
  • On cross-agency collaboration on climate change at a federal level: “It’s an exciting moment where people across the federal government are working together in ways they have never done before, not just to tackle wildfires and droughts and flooding and heat stress, but also to tackle the challenge of how we motivate our business sector and send them all the signals you would want us to send that shows that President Biden is committed to achieving net zero in 2050, and knows that this decade is a decisive decade.”

Fred Krupp highlighted how companies must be held accountable to pledges to reduce their emissions, how some corporations are breaking with lobby associations to become more vocal about climate change (and others are not), and how he believes debates surrounding the infrastructure bill will play out in the near future. 

  • On how corporate lobbying has fallen short: “Right now, we don’t see enough corporations lobbying on behalf of the climate sections of the reconciliation bill. This bill that’s pending in Congress is our once in a decade opportunity to get something done on climate.” 
  • On public support for the infrastructure bill: “I see an enormous amount of support in the American public for moving ahead with a sort of clean energy economy that are going to create tremendous numbers of jobs, clean the air, make people healthier.” 

Axios VP of Communications Yolanda Brignoni hosted a View from the Top segment with GE’s Chief Sustainability Officer Roger Martella, who discussed how GE is following through on their ESG goals by investing in sustainable energy technologies. 

  • “We create some of the most technically complex and critical technologies the world needs, and we’re focused today on innovating these technologies on a path to decarbonization.” 

Thank you GE for sponsoring this event.

Go deeper

Study: 10 biggest climate disasters of 2021 cost $170 billion

The scene in Grand Isle, La., on Aug. 31 after Hurricane Ida swept through. Photo: Win McNamee/Getty Images

Ten of 2021's most extreme weather events in the world were driven by climate change and caused a total of $170.3 billion in damage — with the deadly Hurricane Ida that struck the U.S. the most costly, per a new study.

Why it matters: Each of the 10 most destructive weather events caused at least $1.5 billion in damage, and Ida cost $65 billion, according to the study by U.K. charity Christian Aid.

Updated 40 mins ago - Economy & Business

Hybrid work now dominates the knowledge economy

llustration: Eniola Odetunde/Axios

For the first time since the start of the pandemic, most knowledge workers are in hybrid work arrangements, partly remote and partly in-office, a new survey finds.

By the numbers: 58% said they now work this way, in a survey of around 10,000 knowledge workers from the U.S., Europe, Australia and Japan, conducted last November by Future Forum, a research group backed by Slack.

Rents hit all-time high

Data: Zumper; Chart: Axios Visuals

The national median price of a one-bedroom rental apartment in January was up 12% year-over-year, to $1,374 — an all-time high, per Zumper, an online apartment rental site.

Why it matters: Inflation is taking a bigger bite out of people's paychecks these days not only in food and gasoline, but also in housing costs.