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BP solar chief forecasts global clean energy renaissance

BP solar chief forecasts global clean energy renaissance

A new paradigm of ‘planetary ecology’ might emerge after 2050

Published as part of the launch of the new beta platform for INSURGE intelligence, a crowdfunded journalism platform for people and planet

A new book put together by the Chairman of the philanthropic arm of Europe’s largest solar company, Lightsource BP, throws light on how the world will be permanently transformed by an energy revolution in coming decades.

The study’s key finding is that the widespread adoption of renewable energy technologies could usher in a new electricity paradigm associated with a more advanced clean, industrial economy. The core ingredients for this paradigm will take off rapidly after 2050, it says.

On the other hand, the study warns that renewable energy, if implemented within the same ‘old’ geopolitical paradigm of the fossil fuel era, might not avoid a further deterioration of environmental stability and international security.

The new book is edited by Vicente Lopez Ibor Mayor, former Chairman of Lightsource Renewable Energy, which merged with the leading British oil firm, BP, at the end of last year.

BP invested $200m in the merger, equivalent to a 43 percent stake in what is now Lightsource BP. Under the deal, Mayor became Chairman of the Lightsource Foundation, Lightsource BP’s charitable division.

Ibor Mayor’s book, Clean Energy Law and Regulation: Climate Change, Energy Union and International Governance, also published at the end of last year, brings together expert contributions from senior EU officials, energy analysts, diplomats, legal scholars and technology experts. Their contributions scope how energy regulation is rapidly changing to keep up with the emergence of a new electricity and energy paradigm driven by the rise of renewables.

This new renewables-driven paradigm, Mayor concludes, will emerge inevitably in the latter half of the twenty-first century — but its nature, positive or negative, is not set in stone.

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