- "Costs have tumbled and the need for subsidies is receding. "
- "In China, pro-environment policymaking is on the increase and, for the first time last year, demand for coal appeared to have peaked as a result. A massive planned rollout of renewables, gas and nuclear energy looks very likely to continue the trend.
Realising renewable energy is the fastest technology to deploy, bar none, Narendra Modi is determined to electrify his nation using a policy to double India’s coal tax and support renewables.
In Chile a new carbon tax is imminent but high energy prices and enormous amounts of sun are already making solar power profitable. South Korea has a cap and trade scheme that is a match for the EU’s.
Even in the Middle East huge sums are being invested in all forms of zero carbon technology, nuclear and CCS included. A recent tender for new capacity in Dubai saw solar power undercutting conventional sources by a wide margin.
In North America, where the hijacking and paralysis of federal governments has led many to all but give up on national policy, state-level innovative policies continue to be introduced. "