May 8, 2025
AnalysisNodes for Socialization
The UK’s Contracts for Difference scheme and the future of derisking energy
While fully socializing the clean manufacturing and infrastructure apparatus is politically unfeasible, public development of renewable capacity can impose rationality on the clean power transition, helping to clear distributional conflicts. In this article, Melanie Brusseler and Chris Hayes argue for…
Varieties of Derisking
Industrial policy, macrofinance, and the green transition
In recent years, the debate over climate policy has moved away from the earlier consensus in favor of carbon pricing and towards an investment-focused approach, illustrated by the passage of the Inflation Reduction Act (IRA), along with other similar measures…