industrial policy
China, Climate, and Clean Energy
China seems to have leap-frogged the U.S. on clean energy. We need to catch up.
In 2023, China accounted for about 60% of the world’s additions of solar and wind power, and of electric vehicles. The U.S. will need to make a major effort to catch up. Otherwise, we risk being shut out of important global markets and giving China an opening to influence developing countries.
CONTINUE READINGThe Inflation Reduction Act and the Sequencing of Climate Policy
Why subsidies for clean energy generally are preconditions for other climate policies
The Inflation Reduction Act would be, if enacted, the biggest piece of climate legislation that the U.S. Congress has ever passed. As such, it’s gotten a fair amount of coverage attempting to put it into context for the broader scope of climate policy in the U.S. and globally – in particular, this article in Slate …
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CONTINUE READINGOn magical, mythical, market unicorn fairies
Or how we can get effective climate policy without government intervention
I don’t usually respond to op-ed columns, but the column by Bret Stephens in the New York Times on climate policy yesterday is so …. foolish that I think it needs a response. And more to the point, the foolishness in the column can help illuminate some of the major problems that have developed as …
Continue reading “On magical, mythical, market unicorn fairies”
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