The clean energy transition is a multi-generational challenge. It will shake up geopolitics, shift the economy, and change our daily interactions with energy. We have no precedent for the scale and speed required to decarbonize the global economy.
Yet there are signs that new developments in technology, policy, and public opinion are turning the tide for a global response to the climate crisis. Achieving a net-zero future, however, will require careful implementation, creative solutions, and a whole-systems approach that prioritizes prosperity and justice.
What are the economic tools we have to deliver such a transition? And what are the emerging solutions that might make this future possible?
This week host Jason Bordoff talks with Cameron Hepburn.
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 more than 30 peer-reviewed publications spanning economics, public policy, law, engineering, philosophy, and biology.
Jason and Cameron talk about where we are in the energy transition – and where we need to go. They discuss the economics of the climate crisis, how technology developments are accelerating the energy transition, and how to scale their impact.