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Climate Policy and the Audacity of Hope

Legal Planet

Climate policy has been boosted by dramatic changes in the economics of clean energy. Wind power costs fell by half from 2008 to 2021. Cheaper renewable energy attracts private investment and makes limits on fossil fuels more feasible. In short, we’re seeing something like a slimmed-down Green New Deal.

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Editorial: Our view on the UK General Election – Labour is best placed to tackle the climate crisis and unleash a golden area of innovation and clean energy opportunities

A Greener Life

Editorial Today (4th of July) the British public heads to the polls to decide who will govern the country that has been through several political earthquakes for the past decade, for the next five years. These are symbolic and cultural attachments as much as it is the challenge of putting a proper energy transition in place.

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Good News—and Bad—about Fossil Fuel Power Plants in 2023 

Union of Concerned Scientists

With the clean energy transition already under way, the US electricity mix is set to continue changing this year. Solar power is expected to make up about half of all additions of US electric generating capacity in 2023, according to data from the US Energy Information Administration (EIA). I’ll start off with the good.

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Building a Better Power Grid for Minnesota

Union of Concerned Scientists

Renewable energy will help with all of that—but we need a grid that is designed for wind and solar instead of having to rely on expensive coal and gas plants. Southwest Minnesota and the Dakotas have a lot of wind power—and the potential for even more. Source: MISO LRTP Report.

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The EIA Just Released a 30 Year Energy Outlook. It’s… Not Great

Union of Concerned Scientists

Without additional climate or clean energy policies, gas (and to a lesser degree, coal) will both provide electricity and will be used to balance the grid with growing levels of variable wind and solar generation. These low gas prices play an interesting role in the US and world energy markets.

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Ways of Price Making, Inflation, and Energy Price Shocks

Legal Planet

This post was originally published on the Law and Political Economy blog as part of a symposium on inflation. Energy prices have been much in the news over the past several months, occupying a prominent place in mainstream discussions of inflation. How then do we explain what is currently happening with energy prices?

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UK renewable energy auction breaks records

A Greener Life

The Hornsea 2 offshore wind farm. By Anders Lorenzen The UK government has said that the UK’s sixth renewable energy auction has delivered a record 131 clean energy projects. Under current projections and with no change to the scale, the 2024 record auction would power 11 million British homes.