Financial Audit
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Capital in Transition
by Carbon Tracker
Today: #158 in Business, New Zealand on our combined chart.
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Ranking history · Japan
No ranking history for this show in Japan over the last 7 days.
Latest episodes
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Why Do Oil Fields Still Get Built?
October 6, 2026 · 48 minWhy do oil fields still get built? Harry Benham is joined by Guy Prince, head of Carbon Tracker's oil and gas team, to follow the long road from discovery to development – and look at why so many discoveries never make it. They…
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Where is Energy Capital Going?
August 26, 2026 · 43 minIn episode six of Capital in Transition, Harry Benham and Mark Campanale look back across the series and trace the thread running through every conversation: capital, and where it is flowing. Two divides are reshaping the energy…
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Ambition Under Pressure: Why capital hesitates
July 28, 2026 · 47 minWhy do investors who clearly understand climate risk so often struggle to act on it? In Episode 5 of Capital in Transition, Harry Benham is joined by Carbon Tracker's Amy Owens to find out. Drawing on her report Ambition Under Pressure…
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Who Builds the Future? China and the new energy system
June 22, 2026 · 25 minIf energy is becoming a manufactured system, then who builds that system matters. In Episode 4 of Capital in Transition, Harry Benham and Mark Campanale are joined again by Kingsmill Bond of Ember to examine where the ElectroTech build-out…
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The ElectroTech Revolution: Why this is an economic shift
June 16, 2026 · 27 minIs the energy transition simply about replacing one fuel source with another, or are we witnessing a deeper restructuring of the global economy? In Episode 3 of Capital in Transition, Harry Benham and Mark Campanale are joined by…
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The $4.5 Trillion Myth: What the transition really costs
June 3, 2026 · 19 minOne figure has come to dominate discussions about financing the energy transition: $4.5 trillion per year. But what exactly does that figure represent, and does it accurately reflect the scale of the challenge facing capital markets? In…
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The Quiet Retreat: Why Big Oil isn’t leading the transition
May 6, 2026 · 31 minIn its November 2025 piece, The Quiet Retreat, Carbon Tracker argues that, despite political calls for more oil and gas financing, many international oil companies are acting as if long-term demand growth is uncertain. After a decade of…
About the show
Capital in Transition is Carbon Tracker’s monthly podcast on the global reallocation of capital in the energy transition.
Hosted by Mark Campanale, Carbon Tracker’s CEO, and Harry Benham, Energy Advisor, each episode translates complex research into clear insight for investors, policymakers and industry leaders.
We track where money is flowing, which technologies are scaling, how geopolitics is reshaping deployment, and the implications for long-term strategy.
The transition may be technologically inevitable but capital markets still need incentives, clarity and bankable pathways to move at pace. Understanding what drives investment decisions is central to managing financial risk and identifying opportunity.
From time to time, Mark and Harry are joined by external guests and contributors.