One rationale for large public investments in clean energy technology points to concerns that have not been addressed by other policies, most notably greenhouse gas emissions and energy security. Another inspiration for clean energy policy suggests that strategic government investments would increase domestic firms’ market share of a growing industry and thus help domestic firms and workers. This lecture examined the economic case for clean energy policy in the United States and outlines the strategies most likely to produce long run net benefits.
Adele Morris is a fellow and policy director for Climate and Energy Economics at the Brookings Institution. Her expertise and interests include the economics of policies related to climate change, energy, natural resources, and public finance.