#FINANCIAL TIMES YUVAL NOAH HARARI DRIVERS#

Over the past century humankind has managed to do the impossible and rein in famine, plague, and war. Homo Deus: A Brief History of Tomorrow: Р С•Р С—Р С‘РЎРѓР В°Р Р…Р С‘Р Вµ And, if it is, there are reasons for optimism beyond the immediate crisis.Noah Yuval. Our argument is that itРІР‚в„ўs possible for an accelerated energy transition to result from this time of crisis РІР‚вЂњ but the new industry sector needs to be proactive in its thinking to shape the future. We now expect massive infusions of government cash across the world to stimulate economies.

#FINANCIAL TIMES YUVAL NOAH HARARI DRIVERS#

But it does not change any of the underlying drivers of the climate emergency. The immediate future must be focused on ending the pandemic. Take advantage of the new recognition for experts and evidence-based policymaking.

Accelerate the localisation of energy systems and community energy.Tap into the realisation from citizens that having clean air to breathe and a clear blue sky to enjoy is worth a lot to consumers.See the collapse of oil prices as an opportunity, not a threat.So, what could the sector be championing now to enable such an outcome? Here are a few ideas: ItРІР‚в„ўs impossible for anyone to say which scenario will come to pass but for the new energy sector, scenario 3 is obviously most desirable. Global co-operation on the energy transition is most clearly supported in this scenario. In this scenario, global agreements on trade and co-operation consistent with more decentralised and sustainable supply chains are enacted. The world recognises the need for sensible global governance structures, and the benefits for all countries of working together, while also accepting that a РІР‚Вnew normalРІР‚в„ў is needed.For some countries, this may result in strong support for renewables but in others it will not, and it certainly is not consistent with concerted global action on the energy transition. National disunity remains dominant, but countries focus on building their own resilience and national capabilities to withstand times of crisis.This is clearly not consistent with concerted global action to address the climate emergency and energy transition. The world returns to business as normal, and this drift towards national disunity continues.We see three potential scenarios to 2030: Our thesis is the world has been drifting into national disunity РІР‚вЂњ think Trump and Brexit alongside the numerous political divisions across the world over recent years since theР’В 1990s. These ideas and resulting scenarios are illustrated in the simple schematic, above right. Do we return to the world of global free-market competitive supply chains, or do we develop more decentralised and local approaches that build resilience? There is a natural reaction for countries to close their borders and protect themselves during the crisis, and if this mindset is prolonged beyond the crisis it will lead to further negative consequences in future.Р”Р‡rom Delta-EEРІР‚в„ўs new energy perspective, we think thereРІР‚в„ўs another choice that the world will have to make. In an excellent article in the Financial Times, Yuval Noah Harari argued that these times of emergency force us to choose between going down the route of national disunity or global solidarity. So, can the industry start thinking ahead now, to what a post Covid-19 РІР‚Вnew normalРІР‚в„ў could look like? But we argue here that there are reasons for optimism: history tells us that times of emergency enable rapid change in ways that cannot be anticipated, and itРІР‚в„ўs possible that these may play out in ways that will support an accelerated energy transition. At face value, the new energy sector is no exception to this. The global pandemic is truly an ugly black swan event for the world, disrupting all areas of our society and economy. An accelerated energy transition could result from this time of crisis.

Financial times yuval noah harari