Stefan Koester

Technologies to capture and store carbon must be part of the arsenal to fight climate change. To deploy them at scale, policymakers should expand federal incentives, increase RD&D for traditional and novel technologies, and expedite permitting and siting of requisite infrastructure.

The modeling is clear: Building a reliable grid that will serve as the backbone for a cleaner, more electrified economy without raising energy costs, will require technological improvements that drastically drive down the costs and improve performance.

Allies and partners like the United States, the EU, the United Kingdom, and Canada should avoid destabilizing trade frictions that threaten to derail much-needed climate progress and instead work toward a collaborative climate innovation club.

Levying carbon tariffs is a difficult and counterproductive way for nations with ambitious climate policies to create a level playing field for their higher-cost industrial sectors. A more workable solution would be to design a flexible open-trade club for climate innovators.

The linchpin of President Biden's strategy to achieve a net-zero electricity grid by 2035 is a national clean electricity performance program, or CEPP, which encourages utilities to produce an increasing amount of power from low-carbon resources.

An integrated clean manufacturing strategy will pay dividends for both the economy and the global environment.