Climate tech can’t scale on corporate generosity alone
Microsoft’s reported pull-back from carbon removal and even 2030 clean energy targets proves that the sector needs policy help.
As the dangers of climate change become ever more urgent and the costs of renewable energy plummet, the electricity sector has been experiencing wrenching shifts. More intermittent, distributed sources of energy, new technologies, new competitors, new business models, and policy changes. As we drive toward lower and lower carbon sources of energy, how can the power sector deliver abundant, affordable, secure, flexible power all at the same time? It’s a critical question for the clean energy future, and it also happens to be the subject of a new book by Peter Fox-Penner.
In this edition of Columbia Energy Exchange, host Jason Bordoff is joined by Peter Fox-Penner, who is Founder and Director of Boston University’s Institute of Sustainable Energy, and is a Professor of Practice in the Questrom School of Business. His extensive research and writing interests, in the areas of electric power strategy and regulation, energy and climate policy, and sustainable finance, include the book Smart Power and now its sequel, Power After Carbon. Earlier in his career, Peter was a Principal at The Brattle Group, where he specialized in energy and regulated industry matters. He served as Principal Deputy Secretary at the U.S. Department of Energy’s Energy Efficiency and Renewable Energy unit, and as a Senior Advisor in the White House Office of Science and Technology Policy. He also currently serves as Chief Strategy Advisor to Energy Impact Partners. Peter received his Ph.D. in economics from the University of Chicago.
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The White House declared last week that President Trump finally "broke OPEC" after the United Arab Emirates withdrew from the cartel.
Trump’s tariff mess offers a chance to restore legislative oversight.