What’s Behind Surging Energy Costs?
Soaring energy prices are the leading factor behind rising inflation across the United States, where consumer prices are up 3.7 percent over last year. In California, where energy costs have become an issue in the governor’s race, electricity prices are surging to a rate of about double the national average. We’ll look at what’s driving the rise here in California and across the U.S., and hear about how policy solutions could help bring prices under control. Guests: Mike O'Boyle, senior director of policy and strategy, Energy Innovation Meredith Fowlie, professor, UC Berkeley, faculty director, Energy Institute at Haas, co-director, Environment and Energy Program at the National Bureau of Economic Research Learn more about your ad choices. Visit megaphone.fm/adchoices