Energy

The current energy market structures, including the short-run-marginal-price-on-all nature of the current wholesale market, are not fit for a transition to a renewables-dominated system.

Moving away from fossil fuels, towards a system with a far greater contribution from variable renewables, means that the current system is not fit for purpose.

Price inflation, marginal cost pricing, and principles for electricity market redesign in an era of low-carbon transition

Veteran researcher sheds light on what’s going on, how long the pain might last, and possible paths forward.

A global carbon tax alone will not be enough to significantly reduce CO2 emissions

And electric vehicles don’t do a lot better

Texas’s electricity market “reforms” made the current crisis inevitable

What ails the EU Green Deal is exactly what troubles the Union in general — an absence of social democracy at work

This paper considers the ambition, scale, substance and strategy of the European Union’s Green Deal

Economist James K. Boyce explains how to fight climate change and rising income inequality in one shot

The central goal of any serious climate policy is to keep fossil fuels in the ground. The central question is how.

How free electricity could fight climate change and inequality

Chaired by Nobel laureates Joseph Stiglitz and Michael Spence, INET has assembled a global team of leaders and scholars calling for new thinking & new rules for the world economy

The new IPCC Report is overly optimistic about global productivity growth and fossil fuel energy use. More dramatic, immediate action is needed

Economist James K. Boyce argues that the distribution of carbon tax revenue is just as important as the price itself