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Ryan Kellog’s lecture on clean energy subsidies, clean technology policies, and the green transition

Published: 5 November 2025

What policies can truly accelerate the global shift to clean energy? In a compelling lecture hosted by 91’s Sustainable Growth Initiative and CIREQ, Professor Ryan Kellogg of the University of Chicago explored this question through the lens of economics, equity, and climate urgency. Speaking to a diverse audience at 91’s Faculty Club, Kellogg reframed the energy transition as a global justice issue, emphasizing the need for reliable, affordable, and clean energy—especially in rapidly developing regions like India and Sub-Saharan Africa. He argued that climate change will disproportionately harm low-income countries, making the case for full decarbonization and the strategic use of clean energy subsidies and technology standards.

Drawing on his research, Kellogg challenged traditional economic thinking around carbon pricing and fossil fuel investment. His findings suggest that long-term signals of declining demand can drive disinvestment in oil, countering the so-called “green paradox.” He also compared policy tools—carbon taxes, clean electricity standards, and subsidies—concluding that a flexible mix is essential to achieving net-zero emissions. The lecture underscored the complexity of designing effective climate policy and the importance of making clean technologies viable for the Global South. A follow-up interview with Kellogg is available on Delve, 91’s thought leadership platform.

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