Governments Need to Put Their Energy Papers in Order
The UK’s flip-flop with onshore wind demonstrates how contradictory regulations are stalling the green transition.
The global push for renewable energy includes wind, solar and upgraded transmission networks.
Photographer: Krisztian Bocsi/BloombergHello and welcome to Elements, our daily energy and commodities newsletter. Today, Bloomberg Opinion’s David Fickling says the world’s transition to clean energy depends on cleaning up often-antithetical regulations. To learn more about the labs trying to grow your next steak, sink your teeth into this. For a look at India’s massive plans to revamp its power supply, read this and this. If you haven’t yet signed up to get Elements directly into your inbox, you can do that here.
Investors in electricity infrastructure over the past decade often must have felt like travelers at a police roadblock in an authoritarian state. In principle, they’re free to go wherever they want to — but all it takes is one functionary declaring “your papers are not in order,” and they’ll find themselves stuck.