HOW PUBLIC FUNDERS CAN HELP TAKE COAL OFFLINE AHEAD OF SCHEDULE: THREE FINANCIAL OPTIONS
Payne Institute Director Morgan Bazilian, Researcher Brad Handler, and Katie Auth write about how the International Energy Agency projects a need to phase out all unabated coal-fired power plants by 2040 to achieve net-zero emissions by mid-century. This has significant potential implications for emerging markets. Options include three public-private mechanisms discussed, each of which requires some form of concessionary public capital or guarantee. September 20, 2021.