(Ep. 66) Economic Incentives for the Energy Transition — Benjamin Görlach
This week we speak with Benjamin Görlach, Head of Economics and Policy Assessment, Ecologic Institute.
If you like wide-ranging interviews about the policy challenges of navigating the current energy crisis in Europe. This episode is for you. Benjamin and I cover everything from the EU's emission trading system, the dominance of electricity for transport and the 4i Traction project - standing for innovation, investment, infrastructure and sector integration. These are buzzwords, but we get into an in-depth discussion on investments and infrastructure.
Some of the key issues we address are the price of ETS and whether politicians should be playing with it to reduce energy costs. How electrification of cars has won the day and why shifting away from fossil fuels is simply more profitable. Renewables have simply won.
The takeaway, since Benjamin is an environmental economist, is there's no going back for both the institutional structures that incentivize investments into renewables and the technology we have today is getting us to a zero-carbon energy system by 2050.
A final note, this interview was done for my current role as an Open Society University Network, Senior Fellow at Chatham House, The Royal Institute of International Affairs. The funding was generously provided to produce the podcasts until the end of 2022.