Michael Grubb
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How Energy Markets are Currently Stacked Against Clean Energy

Market forces are insufficient to address climate change due to several factors. Greenhouse gas emissions are not adequately priced, and capital markets prioritize investor returns over the future welfare of humanity. Additionally, currency risks and price uncertainties in energy markets favour fossil fuels over renewables. Public policy is needed to drive clean energy investment and capture the benefits of this transition.

Published originally in a letter to the Financial Times, keep reading at UCL’s European Institute

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2024 Roundup: Economics of Energy Innovation and Transition

I’ve not done a ‘roundup of the year’ before, but 2024 proved exceptional across a range of research, political and some other developments – so here, a brief overview. EEIST. The year started with culmination of the (first phase of) the international EEIST programme...