The cost of solar has been plunging for years. Everyday there's a new headline about growing installation of renewables or batteries, or some other sign of progress when it comes to decarbonization. But there's still a long way to go and, in the meantime, the US continues to add new fossil fuel generation. So is there something wrong with the mechanisms we're using to change our energy mix? On this episode, we're speaking with Brett Christophers. He's a professor at Uppsala University and the author of the new book The Price is Wrong: Why Capitalism Won't Save The Planet. His basic argument is that using market-based mechanisms will conflict with the imperative to clean the grid and that the incentives aren't aligned for both goals. We discuss the economics of clean energy production, and why they don't lend themselves to a rapid buildout.

The cost of solar has been plunging for years. Everyday there's a new headline about growing installation of renewables or batteries, or some other sign of progress when it comes to decarbonization. But there's still a long way to go and, in the meantime, the US continues to add new fossil fuel generation. So is there something wrong with the mechanisms we're using to change our energy mix? On this episode, we're speaking with Brett Christophers. He's a professor at Uppsala University and the author of the new book The Price is Wrong: Why Capitalism Won't Save The Planet. His basic argument is that using market-based mechanisms will conflict with the imperative to clean the grid and that the incentives aren't aligned for both goals. We discuss the economics of clean energy production, and why they don't lend themselves to a rapid buildout.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

Are We Doing Decarbonization Totally the Wrong Way?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/1b197e8c-838f-4bdd-84b4-b17e0104ce2b/transcript

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