Seeking Climate and Energy Security

Science Matters

Europe at night from space NASA 2016

News is out that US Senators are meeting in search of (using Sen. Joe Manchin’s words)  “a bipartisan climate and energy security package.” . . .  “It’s urgent to find out if there is a pathway.”

The principals should attend to Dieter Helm’s expert March 2022 analysis of Climate and Energy Security entitled Energy policy  Some excerpts are below in italics with my bolds, suggesting the thrust of his wisdom in this regard.

Introduction

Energy policy is not rocket science. It is about achieving core objectives – security of supply and decarbonisation – and achieving them at the lowest cost. Neither will be met by purely private markets, since the former is a public good and carbon is an externality not properly integrated in competitive markets. Furthermore, energy is a primary good for citizens: not to have energy deprives people and businesses…

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