China wins, Libya loses in new energy geopolitics - News Summed Up

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China wins, Libya loses in new energy geopolitics


Driving the news: The nearly 100-page report is coordinated by the International Renewable Energy Agency with input from experts and governments around the world. The big picture:“The renewable energy transformation goes hand in hand with a dispersion of power. All nations heavily dependent upon fossil fuels are on the losing end, but some more than others. Renewable energy, particularly wind and solar, is inherently less vulnerable to geopolitical exploit given it’s not a tangible commodity like oil. In 1987, fossil fuels accounted for 81% of the world’s energy consumption.


Source: Libya Today January 11, 2019 09:00 UTC



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