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Why capitalism can’t solve the climate crisis
To state the obvious, there are many hurdles to addressing the climate crisis in a meaningful way. However, there’s been one relatively bright spot on this front in the last decade: the price of renewable energy — particularly solar and wind power — has dropped dramatically. By many measures, they’re now cheaper to produce than fossil fuels.
So does that mean when it comes to a “green transition” can we just sit back and let the market take care of it?
According to Brett Christophers, a professor at the Institute for Housing and Urban Research at Uppsala University and author of the new book “The Price is Wrong: Why Capitalism Won't Save the Planet”: absolutely not.
On this episode, Mark and Brett discuss the many reasons why cheap renewable energy production won’t lead to renewables dominating the energy market. In doing so, they also put the entire energy economy under a microscope and challenge the notion that the private sector will ever be able to lead us through a green transition.
Learn more about and purchase “The Price is Wrong: Why Capitalism Won't Save the Planet”
