A Realist Climate Policy: Driving Clean Tech to Price/Performance Parity
Climate change is a global problem, so it demands global solutions. Low-income countries are key, because that’s where energy demand is growing fastest and where clean tech is most needed—and they will never choose green at the expense of growth (nor will most rich countries). Policies and programs must therefore focus on driving clean energy solutions toward price and performance parity (“P3”) with old, dirty ones. As clean solutions reach the P3 threshold, markets will do the heavy lifting to deploy and rapidly disseminate them at the global scale necessary to achieve a green transition.
Watch now for the release event for the important new report and panel discussion on why P3 must be the new lens governments that governments must use to decide which clean energy technologies to support and how to support them.