Who Pays for Going Green? Your Questions Answered

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 12 May 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

How is the math of going green changing? In recent years, many homeowners, drivers and companies have bet on the long-term savings of going green. But are those savings and the subsidies that made them possible still balancing out the higher upfront costs? WSJ Paris bureau chief Stacy Meichtry and WSJ senior reporter Phred Dvorak answer listeners’ questions about recent changes to clean-energy rules on both sides of the Atlantic and what they mean for how consumers and governments pay for green initiatives. Luke Vargas hosts. Further Reading Households Wince at the Rising Price of Going Green The Home-Solar Boom Gets a ‘Gut Punch’ Europe’s Green Agenda Collides With Geopolitical, Economic Reality U.S. Renewable Power Growth Is Setting New Records on the Back of Federal Support Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:30.0	Hey what's news listeners. It's Sunday, May 12th. I'm Luke Vargas.
0:35.0	And I'm Anne-Marie Fertoli for the Wall Street Journal.
0:38.0	This is What's News Sunday, the show where we tackle the big questions about the biggest stories in the news.
0:43.9	We reach out to our colleagues across the newsroom to help explain what's happening in our world.
0:48.6	This week we're looking at the rising cost of the green transition as governments around the world that were once eager
0:54.7	to subsidize energy efficiency upgrades or electric vehicles are instead passing along costs
1:00.3	to consumers. We'll look at what that could mean for you and for the push to go green.
1:05.8	Let's do it.
1:06.6	In recent years, the math of going green, especially for homeowners and drivers, went something
1:15.5	like this. You may have to pay more up front, but between subsidies and long-term efficiency
1:21.0	savings, purchasing, for instance, solar panels, an electric vehicle or Energy
1:25.8	Star certified appliance, might make sense over time.
1:30.2	But some of that math is beginning to shift, and in enough places to catch the attention of two of my journal colleagues on either side of the Atlantic
1:38.0	and it's raising some questions about whether the momentum of the energy transition can be maintained at the very least in its current form.
1:46.4	Journal Senior reporter Fred de Vorak writes about the energy transition and climate out of Houston, Texas,
	...

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