Semafor Net Zero: One Good Text
After winning a $20 billion contract with Google, Intersect Power wants to “create a whole new class of real estate.”
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Professor of Environmental Economics at the University of Oxford
Getting the global energy system to net-zero – a state in which it emits no more greenhouse gases than it absorbs – means deploying clean energy infrastructure at a pace without historical precedent. The ripple effects of this transition are already apparent in business, geopolitics, and in people’s daily lives.
Increasing public concern over climate change and breakthroughs in clean energy technology have rendered this challenge more achievable. But turning this momentum into tangible progress will require careful policymaking and implementation, across all levels of government.
How might the clean energy transition reconfigure the global economy? What levers can policymakers pull to accelerate it? And what emerging solutions are already changing the outlook for net zero?
Today we’re re-running host Jason Bordoff’s interview with Cameron Hepburn about the economics of the climate crisis.
Cameron is a Professor of Environmental Economics at the University of Oxford and Director of the Smith School of Enterprise and the Environment. He also serves as the Director of the Economics of Sustainability Programme, based at the Institute for New Economic Thinking at the Oxford Martin School. Cameron has over 30 peer-reviewed publications spanning economics, public policy, law, engineering, philosophy, and biology.
In a summer of both heightened climate ambition and heightened alarm over climate change, this conversation was held in the aftermath of the COP27 climate summit. Jason and Cameron discussed how technology developments are accelerating the energy transition and how to scale their impact.
From oil pipelines crossing the border to integrated electricity grids, energy trade has long been a key part of the economic relationship between the United States and Canada....
After more than three years of intense fighting following Russia's invasion of Ukraine in February 2022, the path to end the war has been challenging. President Trump has...
As President Biden’s national security advisor, Jake Sullivan laid out a strategy for what he called a “foreign policy for the middle class.” Using the metaphor of a...
It’s hard to overstate how consequential President Trump’s “Liberation Day” tariffs have been for American economic policy. While the administration has paused the steep reciprocal tariffs it announced...
The Trump administration may release a blueprint for a US sovereign wealth fund (SWF) in early May after the president signed an executive order in February giving the Secretary of the Treasury and the Secretary of Commerce 90 days to develop a plan.
The Just Energy Transition Partnership (JETP) framework[1] was designed to help accelerate the energy transition in emerging market and developing economies (EMDEs) while embedding socioeconomic[2] considerations into its planning and implementation.
This analysis provides an overview of changes in production and economic outcomes in US oil and gas regions, grouping them by recent trends and examining their impact on local economies.