Sri Lanka is deeply embroiled in a crisis. Fuel shortages have led to protests. Food protests have led to riots. The President fled the country and then resigned by email. A new President was just elected on Wednesday, July 20, but he is no outsider – he has been Prime Minister six times already. The …
Germany can shift its entire electricity system onto solar, wind and batteries by 2030 for less than 1% of its GDP. And the country’s entire energy system can go 100% clean energy by 2035 for less than what it spends on fossil fuels. In 10-15 years, Germany can change everything, permanently ending the era of …
Conventional analysts are looking at the Russian invasion of Ukraine through the lens of military strategy and geopolitical rivalry. But the invasion and its geopolitical consequences can only be properly understood in the context of wider transformations in the global economy, driven by disruptions unfolding across every major sector, namely, energy, transportation, food, information and …
With the Sixth Assessment Report of the United Nations Intergovernmental Panel on Climate Change (IPCC) being released, it’s important to revisit the climate scenarios that are its centerpiece. These scenarios form the basis of the climate science community’s modeling and projections, which in turn affects governance and investment decisions across the world. Trillions of dollars …
The UN climate panel still doesn’t understand technology – and it matters Read More »
“What about the Jevons Paradox?” This is a common refrain in environmental discourse. It’s another way of asking, “won’t new technology always just create more problems than it solves?” William Stanley Jevons was an English economist and mathematician who noticed in 1865 that, paradoxically, the consumption of coal actually increased when technological progress improved …
The JP Morgan Asset and Wealth Management Annual Energy Paper is one of the most influential publications among global investment and business leaders in the energy sector. But JP Morgan Chase’s 2021 Annual Energy Paper is a deeply flawed piece of work that promotes some serious misinformation about the clean energy transformation, reinforcing the …
JP Morgan’s misinformation on the clean energy disruption – a handy guide Read More »
We are witnessing the start of the most profound disruption of the energy sector in over a century. Like others throughout history, this disruption is the result of a convergence of several key technologies – namely, solar photovoltaics, onshore wind power, and lithium-ion batteries (SWB). A 100% SWB energy system is possible as soon as …
Global business groups are calling on governments to pursue an international strategy on carbon pricing at the COP26 UN climate summit. While well-intentioned, the reality is we don’t need carbon pricing to create a level-playing field in global markets. We just need to end trillions of dollars of subsidies to the coal, oil and gas …
Despite all of the doom and gloom that surrounds climate change today, there has never been greater cause for optimism about the future of the environment. The reason why is that we already have the tools we need to meet this formidable challenge. But some tools are better than others, and if we get distracted …
We Already Have the Tools We Need to Solve Climate Change Read More »
It’s often thought that clean energy represents a transition from cheap, abundant fossil fuels to expensive, scarce renewables. In this analysis, we will explore how this fear has it exactly backwards: in reality, the clean energy disruption will usher in a fundamental transformation in the way we produce energy, one that can revolutionalize the specific …
