4min chapter

Cleaning Up: Leadership in an Age of Climate Change cover image

Yanis Varoufakis: Power, Markets & Power Markets - Ep104

Cleaning Up: Leadership in an Age of Climate Change

CHAPTER

The Transition to Renewables - Is That Right?

We need to move away from the economies of scale factory based notion of power generation. The future is smart, decentralized grids with very, very small units of producing generating electricity. Communities must have ownership rights over both electricity and machinery. So instead of a market which is dominated in the end, but very large players that either enjoy exorbitant profits or go bust.

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