“The study found that only 10% of the companies had expanded their renewable-based power generation more quickly than their gas or coal fired capacity. Of this small proportion that spent more on renewables, many continued to invest in fossil fuels, although at a lower rate. The vast majority of companies, according to the author, have just sat on the fence. She says that inertia within the electricity industry is one key cause of the slow transition.” But why? Why did only a small proportion of companies spend on renewables? Why is there inertia within the electricity industry? The articles doesn’t answer those questions, and I wonder whether the study itself does. Power companies ‘hindering’ move to green energy
“The West won the world not by the superiority of its ideas or values or religion (to which few members of other civilizations were converted) but rather by its superiority in applying organized violence. Westerners often forget this fact; non-Westerners never do.” —Samuel P. Huntington, The Clash of Civilisation and the Remaking of the World Order, 1996, p. 51