By Vijay Jayaraj For decades growth strategies in poorer countries of the Global South – Asia, Africa and South America – leaned heavily on energy-intensive industries powered by fossil fuels and, in a handful of cases, by nuclear power. Cities grew, factories rose, exports surged, poverty declined. This growth slowed under the weight of decarbonization… Continue Reading
By Vijay Jayaraj Those claiming that wind and solar energy are cheaper than fossil fuels should be writing scripts for science fiction dramas. Yet global organizations such as investment firm Lazard and the International Renewable Energy Agency expect this bogus claim to be taken seriously as a basis for investing many billions into essentially useless… Continue Reading