Amid an ongoing international debate on the reduction of carbon emissions, Germany and Japan are undertaking a dramatic shift in their electricity portfolios. The 2011 Japanese earthquake and the subsequent Fukushima Daiichi nuclear facility accident have sparked both Japanese and German energy policy to shift away from carbon-free nuclear energy and towards renewables. However, despite large gains in market share by renewables, these two countries have seen increases in both fossil fuel usage and carbon emissions as the market share of nuclear energy has declined.
This shift raises fundamental energy policy questions: how can countries simultaneously decarbonize their electricity mix while phasing out nuclear energy? What are the costs and challenges of large-scale renewable integration? Who will bear these costs? In the Energy Security Initiative’s latest policy brief, authors John Banks, Charles Ebinger and Alisa Schackmann seek to answer these questions while identifying potential relevant lessons for large-scale deployment of renewables in the United States.
We're at an impasse where we're not going to give North Korea what they want, and the North Koreans are not giving us what we want. [Each week that passes without progress] really lays bare the anemic nature [of the declaration President Trump and Kim Jong-un made in June in Singapore].