Extreme weather events are increasing in frequency and duration, placing unprecedented strains on the U.S. electric grid and power systems. At the same time, rapid decarbonization as we switch to new energy sources can also create challenges to grid reliability. When the grid fails, the human and economic toll can be staggering, amplifying the already-high costs associated with climate change.
As part of the Ted Halstead Climate Conversation Series, the Climate Leadership Council held a briefing on a new report from former FERC Chairman Neil Chatterjee and Council CEO Greg Bertelsen that details how carbon pricing can help ensure that all Americans have access to reliable electricity as we transition to a low-carbon economy. Senator John Hickenlooper (D-CO) also provided a view from Congress, and Vistra Corp. CEO Curt Morgan discussed how to achieve a clean and reliable energy grid.
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