Growth in Renewable Energy Has Stalled. Investment Is Falling. But Why?
By John Treat and Sean Sweeney
Global Research, May 29, 2019
....By now, the message should be clear: The insistence on private-sector-led investment in renewables, which we are told needs to be “unlocked” through various incentives – subsidies, feed-in-tariffs, guaranteed returns through PPAs, etc. – has proven to be a disastrous failure. This is the reason why renewables are “underperforming.” This is what must change if deployment is to reach the levels needed to meet the Paris targets......
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.........Three years now, the growth in Green technology through the market mechanism everywhere but in China is failing....market mechanisms, the salvation of the Greens is not the answer!