Everything You’re Told About Green Capitalism Is Wrong

The costs of green electricity are plummeting and renewable technology is only getting cheaper. For optimists, this means that a world of abundant, clean energy is just around the corner. And yet the share of global energy coming from non-carbon sources is broadly the same as it was two decades ago.

According to Brett Christophers, there is a straightforward explanation for this seeming paradox of cheaper green energy but incredibly slow adoption. He says it’s not just prices that matter, but profits – and profitability for green energy projects remains well below those of oil and gas.

So if capitalism can address the climate crisis, what would that look like? Or does the state need to play a decisive role? How is it possible that China is both a global leader and a laggard in greenhouse gas emissions? And is Europe over?

You can buy Brett’s book, “The Price is Wrong: Why Capitalism Won’t Save the Planet”, here.