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View all search resultsChina is trying to export its way out of a domestic slump, unleashing what many Western governments call a second "China shock." While this strategy is triggering trade fights abroad, it's also producing a new set of potential beneficiaries at home.
China is currently leading the energy transition in terms of competitive advantage as the Middle East crisis exposes the deep divide between petrostates and electrostates, and although Europe has begun to strategize its shift to clean power, sustained financing remains a crux.
Britain will launch a package of measures on Tuesday to accelerate the growth of renewable power and reduce the country’s reliance on fossil fuels which have soared in cost due to the conflict in Iran, the government said.
Renewables haven't failed; they are surging. But unprecedented demand growth, including for powering data centers and AI, along with infrastructure lags, mineral risks and mounting waste, keep moving the goalposts of the energy transition.
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