How rising prices illustrate weaknesses in the transition to clean energy - a podcast by Marketplace

Global energy shortages and fuel price hikes will likely hit and hurt the U.S. when demand for energy rises this winter. This has led to “energy shock” that comes as the world continues to map out a way to transition from fossil fuels to clean energy sources. According to Vijay Vaitheeswaran, global energy and climate innovation editor at The Economist, the energy shock is also a teachable moment that shows us how much more needs to be done to plan out a stable transition. We spoke to Vaitheeswaran for a deeper dive. The Federal Reserve is beginning to wind down its bond-buying program, which it started to support the economy during the pandemic. We get into what that means and why it’s happening now.

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