OPINION: Renewables can thrive in an uncertain world

China, once seen as a polluting viiiain, is now a PV powerhouse

For years the renewables industry has asked for certainty and predictability, but the truth is, it’s time to embrace an uncertain world.

Four years ago, the wind and solar industries had got used to constantly expanding demand, despite the financial crisis. Specialist manufacturing companies and developers were seen as good stock picks, while the COP15 summit in Copenhagen promised a groundbreaking inter-governmental deal on climate change that would ensure future growth, based on continuing levels of government support.

Things look very different today. Political will on climate is weaker, even though public support for reducing carbon remains high. Natural gas has made a comeback, making the appropriately ugly term “fracking” a household word. Many…

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