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The Future of Net Zero: A Discussion with Eric Lonergan

New Books in Science, Technology, and Society

00:00

Why Doesn't a Government Do It?

The private sector is generating a 68 % return, producing electricity at a fraction of current electricity prices. If we wanted to, we could further reduce their cost to capital,. And which either means we could get them to d more or reduce the price of electricity. That's the kind of madness of the current situation. We think this is because of the the external benefits associated with having renewable electricity. But there should be a public policy question hereabout how best to do that.

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