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Opinion / #wind
While tensions around the Strait of Hormuz are rattling global oil markets, energy security is no longer defined solely by access to fossil fuels. What China has understood, and Europe has not, is that security now depends on electricity systems that can deliver low-cost power at scale and support heavy industry.
Now is the time to double down on renewable energy and electrification.
China wants to lead the climate agenda on its own terms – exporting clean tech and influence, while sidestepping tougher cuts and accountability.
In Vietnam, an impasse over feed-in-tariffs for renewable energy producers threatens foreign investors’ confidence in government policies.
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