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China’s calls for global energy governance: implications for East Asia : Comments
By Lloyd Bradbury, published 16/10/2012The University of California Berkeley research demonstrates that there is actually an inordinately large increase in energy consumption as households move out of poverty.
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Instead, what is needed is to remove the impediments that are preventing the world from having cost competitive alternatives to fossil fuels. Without removal of the impediments to low-cost, low-emissions energy, the world will continue to burn fossil fuels at an ever increasing rate. By far the greatest contribution to global emissions will come from the developing countries and the countries that have yet to start the emergence from poverty that China and India are now going through (e.g. most of Africa and much of Asia).
A major impediment to cost competitive alternatives to fossil fuels is the impediments preventing the world from having low-cost nuclear power. Whereas the impediments to low-cost renewable energy are technical (physical constraints), the impediments to low cost nuclear power are ideological and political; they are caused by widespread radiation phobia and paranoia about nuclear power. These can be overcome by education and leadership.
The next US President could make a valuable contribution to reducing global emissions by leading the USA to implement policies to remove the impediments to low cost nuclear power. The focus should be on developing small, modular nuclear power plants that are suitable for use anywhere in the world. They would be built in factories, shipped to site, and returned to factory for refuelling and decommissioning.
In summary, we do not need global energy governance. We need to remove the impediments to cost competitive alternatives to fossil fuels. All that is needed is leadership and then allow the market and competition to do the rest.