Bjorn Lomborg: We need to copy China’s energy playbook and go nuclear
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Bjorn Lomborg: We need to copy China’s energy playbook and go nuclear
Devouring energy made China rich, which is now enabling it to go clean and dependable by rapidly expanding its reliance on nuclear
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Many in the West are in awe of China’s apparent dominance in green energy, inspiring headlines like “China is becoming a green superpower.” And yes, the solar panels, wind turbines and electric vehicles and batteries China is flooding world markets with do seem to be proof of an inevitable green transition. But these green marvels are mainly built with fossil fuels, particularly coal. China’s real energy achievements — its energy-fuelled prosperity and its leadership on nuclear power — are overlooked.
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After China’s property bust, capital poured into solar panels, creating overproduction and overcapacity. Chinese solar production capacity is now more than twice the global market. The International Energy Agency (IEA) estimates every segment of China’s solar supply chain suffered losses throughout 2024, with margins often at minus 20 per cent or even lower. Over 40........
