Falling costs, cheap capital and supportive politicians helped propel a headlong rush into renewable power.
As relations with China deteriorate, the United States and Europe are increasingly concerned about the country’s grip on parts of the green energy supply chain.
In recent roundtable discussions moderated by Breakingviews on both sides of the Atlantic, participants expressed optimism about the momentum of investment in green energy.
The IRA has unleashed a green energy boom.
The world can ill afford to relax its embrace of green power.
Persons:
Rishi Sunak, –, Joe Biden’s, Jared Cohen, Goldman Sachs, Breakingviews, carmaker Ford, Rishi Sunak’s, Pennsylvania’s Penn, George Hay, Sharon Lam, Aditya Sriwatsav
Organizations:
Britain's, Downing, Reuters, Global, International Energy Agency, International Renewable Energy Agency, Energy, Commission, Applied Innovation, Goldman, Amperex Technology, Companies, British, MIT’s Center for Energy, Environmental, Research, University, Pennsylvania’s, Thomson
Locations:
London, Ukraine, U.S, China, United States, Europe, People’s Republic, Vietnam, Mexico