Why a profit-based approach to renewable energy is failing to deliver the energy transition, and why we urgently need to pursue public alternatives.
By Sean Sweeney and John Treat
Why, in a world awash with “idle capital” and in desperate need for a just energy transition to a renewables-based system, are global investment levels in renewable energy so out of sync with climate targets?
In the previous TUED Working Paper #9, Energy Transition: Are We Winning?, we raised in passing the serious investment deficit in renewable energy, in the context of a broader examination of overall trends with the global energy system and greenhouse gas emissions. In this paper, we have taken on the investment question directly and in detail. Continue reading Preparing a Public Pathway to Renewable Energy: TUED Working Paper #10