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Energy and Utilities Law

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Brooklyn Law School

2017

Renewable energy; renewables; solar; wind; decarbonization; clean energy; energy economics; energy law; environmental law; environmental policy; green energy; energy transition

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Paradoxes Of “Decarbonization”, David B. Spence Jan 2017

Paradoxes Of “Decarbonization”, David B. Spence

Brooklyn Law Review

Scholars and policymakers continue to debate the shape of a post-carbon world, and how fast the United States can “decarbonize” its energy sector. Recent trends—including the reduced costs of renewables, regulatory and market pressure on coal-fired power, and successful integration of large amounts of wind power into the grid—have fed optimism about the possibility of rapid and “deep” decarbonization. Unfortunately, however, encouraging ever-more substitution of renewables for fossil fuels creates unintended consequences—paradoxes—that stem in part from two sometimes unavoidable and under-appreciated truths. First, the three attributes we value in the electricity system—cost, reliability and environmental performance—are in tension with one …