Recent reports claim that China is the “new global powerhouse for renewable energy.” Unfortunately, the numbers do not square with this rosy picture.
Environmentalists and renewables advocates have long held up Germany’s Energiewende as a model, but recently, even center-left thinkers and media outlets have become skeptical.
Climate change should be thought of as a security dilemma, so that the “animal spirits” of powerful extractive political and economic elites can be checked for the common good.
Despite the long-standing assertion that solar energy is nearing a breakthrough, it has failed as of yet to achieve significant market penetration.
In China, many powerful people — from officials in local governments to leaders of the biggest banks — helped fuel the solar glut. Now reality is setting in.
Energy efficiency is being dangerously exaggerated as a way to reduce greenhouse gas emissions. A better path is to switch to cleaner, lower carbon sources of energy.
Global energy consumption is expected to rise dramatically in the coming decades. But established projections don’t even come close to accounting for modern energy access for all.