Why Countries Just Can't Quit Coal? New Research Offers Some Clues
We know that countries around the world sometimes favor coal because it is cheaper. But new research from my guest today Jan Steckel aims to pinpoint some of the political forces that drive investment in coal. Steckel along with his research collaborator Michael Jakob are coordinating a series of global case studies to understand the non-economic factors associated with investment in coal-fired power. This episode, produced in partnership with the Sustainable Energy Transitions Initiative (SETI) examines how politics drives new investments in coal in the developing world. Their framework is published online here, and a case study on Vietnam is published here.