BUILD PUBLIC RENEWABLES, AGAIN.

The article discusses the arguments presented in Brett Christophers's book, *The Price Is Wrong: Why Capitalism Won’t Save the Planet*, which contends that the private sector is ill-equipped to decarbonize the power system necessary to combat climate change. Christophers critiques the current electricity market structures, particularly the reliance on marginal-cost pricing, which he argues fails to provide the stable profits needed for renewable energy investment. He advocates for direct public investment in renewable energy projects, citing New York's Build Public Renewables Act of 2023 as a model for how government can effectively lead the transition to clean energy. The article emphasizes the historical context of public power initiatives in the U.S. and suggests that a renewed commitment to public investment is essential for achieving significant decarbonization. [Extracted from the article]