A global economy struggling with the beatdown delivered by the COVID-19 pandemic has a chance to rebuild in a way that greatly accelerates the transition toward cleaner fuels and away from fossil fuels, experts said on a recent online symposium hosted by Reuters.
Whether it will is not a foregone conclusion, however, because the road from policy to practice is paved with contradictions.
“We are not seeing green, low-carbon programs emerge as the dominant method that policymakers are using in their COVID response,” said Jennifer Layke, global director, energy program at the World Resources Institute, a Washington, D.C.-based non-profit focused on climate change and other issues. “I am a technology optimist, and I remain a believer that the [green energy] solutions … hold much more promise. Unfortunately, the institutional incumbency continues to make those political economy questions really, really challenging.”