The Texas fiasco and the global push for green energy

The recent power blackouts in Texas have raised serious questions about the state’s energy grid and how it is regulated. Jeffrey Ball joins David Dollar in this episode to explain what exactly went wrong and how policy decisions contributed to the crisis. Ball is a scholar-in-residence at Stanford’s Steyer-Taylor Center for Energy Policy and Finance where his research focuses on energy and the environment. He clarifies how renewable energy sources performed during February’s storm and their role in Texas’s energy sector. Ball and Dollar then turn to discuss economically efficient ways to decarbonize the U.S. power industry and the need for global cooperation to combat climate change. Related content: The Texas Blackout Is the Story of a Disaster Foretold The climate of Chinese checks: Easing global warming by greening Chinese foreign infrastructure investment Retreat from the rock: How a pullback in coal lending by China, Korea, and the United States could change geopolitics and the climate