Clean Energy Neoliberalism
“[Y]ou cannot address climate change if you are not also going to address environmental justice and climate justice,” Roosevelt’s Rhiana Gunn-Wright told the Washington Post this week.
“Because otherwise you are just leaving in place essentially the landscape that can again be exploited . . . . You are still leaving the tracks for the next crisis to come.”
The transition to renewable energy must combat the racist legacies entrenched in our current fossil fuel–based system.
But as Roosevelt’s Lew Daly and Just Solutions Collective’s Sylvia Chi explore in a new issue brief, the primary climate policy being discussed by the Biden administration—energy tax credits—represents the continuation of a neoliberal approach to driving the energy transition, one that still relies on market choices and private incentives.
“The energy tax credit proposal currently on the table does not directly address racial inequities in the current energy system or in the clean energy transition because it is not meant to do so,” Daly and Chi write.
“It is an individualistic, status quo policy that is very likely to perpetuate or even worsen systemic disparities and inequities inherited from the fossil fuel economy.”
Read on in “Clean Energy Neoliberalism: Climate, Tax Credits, and Racial Justice,” and catch up on the rest of our All Economic Policy Is Climate Policy series.
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