3min chapter

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Energy Security, Geopolitics, & the New Energy Order | Meghan O'Sullivan & Jason Bordoff

Hidden Forces

CHAPTER

Is There a Master Planner of the Energy System?

There are all sorts of different possible solutions to this problem, but they all need to be integrated in a single coherent energy policy that can then be sold to the American people. Government is not usually good at anticipating unexpected breakthroughs or what technologies might come. That's why economists tend to like something like a carbon tax or just cap emissions and then let private free market incentives figure out the best way to develop low cost technologies.

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