Cautionary Tales with Tim Harford19 Touko

From Drilled: The Carbon Gold Rush

We usually bring you failures of the past, but today we're sharing an episode from someone who uncovers failures as they happen. Amy Westervelt is an award-winning investigative climate journalist and the host of Drilled, a true-crime climate change podcast exposing how corporate corruption and political operatives built decades of climate denial and delay. Each season unravels new evidence of deception, disinformation, and the power structures keeping real climate solutions out of reach.

Drilled's latest season, Carbon Cowboys, examines a group of people who've turned climate policy into a profit engine. In September 2025, a group of Brazilian government ministers flew to North Dakota to watch a presentation on a new type of clean energy project, one that promised to help them deliver Brazilian President Lula’s dream of turning Brazil into “the Saudi Arabia of sustainable aviation fuels.” It was the latest in a string of projects from Midwest Republican kingmaker and corn ethanol magnate Bruce Rastetter, whose investments in Brazil might just transform him into a global carbon czar, even as his Summit pipeline carbon project faces fierce opposition from Iowa to North Dakota.

Here's episode 1 of Drilled: Carbon Cowboys. Find Drilled wherever you get podcasts and hear episodes early and ad-free with a Pushkin+ subscription. Sign up on the Drilled show page on Apple Podcasts or at pushkin.fm/plus.

See omnystudio.com/listener for privacy information.

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