the.com/energy policy
deciding who gets the lights on, at what price, and whose backyard pays for it.
means the set of rules and incentives a government uses to control how energy is produced, priced, and consumed.
from emerged as a distinct field after the 1973 oil embargo, when western governments realized cheap energy wasn't a law of nature but a supply chain someone else controlled.
oil shock origin1973 embargo quadrupled prices, birthed the field
subsidies everywherefossil fuels got 7 trillion dollars globally in 2022
slowest infrastructurenuclear plants take a decade before producing a watt
nimby taxtransmission lines die in permitting, not physics
for instance
germany energiewende — exited nuclear by 2023, leaned on russian gas, got burned
opec production cuts — 13 nations still move global oil prices with a phone call
us inflation reduction act — 2022 law pushed 370 billion dollars into clean energy
france nuclear buildout — 1970s messmer plan gave it 70 percent nuclear power