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--></style><title>Financial Times : the age of solar
power</title></head><body>
<div><font face="Arial" color="#000000">Financial Times</font><font
face="Arial" size="-1"> November 5, 2015 12:01 pm</font></div>
<div><font face="Arial" color="#000000"><br></font></div>
<div><font face="Georgia" color="#000000"><b>Sunshine revolution: the
age of solar power</b></font></div>
<div><font face="Georgia" color="#000000">From the US to China, solar
power is poised to tackle climate change and shake up the electricity
industry</font></div>
<div><font face="Arial" size="-1" color="#000000">Ed Crooks and Lucy
Hornby</font></div>
<div><font face="Arial" color="#000000"><br></font></div>
<div><font face="Arial" color="#000000">Excerpt:</font></div>
<div><font face="Arial" color="#000000"><br>
"On a global scale, solar power is still tiny, providing only
about 1 per cent of the world's electricity, according to the
International Energy Agency, the think-tank backed by developed
countries' governments. It is now clear, though, that it has the
potential to contribute much more than that. Solar power and onshore
wind power are the two most cost-effective forms of renewables but
solar has the greater capacity for costs to fall further. "Wind is
basically mechanics; solar is electronics. And the progress there is
much more rapid, and will continue," says Gérard Mestrallet, chief
executive of Engie, the French energy group. Solar is also flexible in
scale: it can power a calculator, or a city.</font></div>
<div><font face="Arial" color="#000000"><br>
"Yet for some the disruptive potential of solar power is not so
much a promise as a threat. Established electric utilities are facing
challenges they had not dreamt about five years ago. Many are starting
to push back. It is a battle that will shape the future of the
industry - and possibly of the climate."</font></div>
<div><font face="Arial" color="#000000"><br></font></div>
<div><font face="Arial" color="#000000">End excerpt:</font></div>
<div><font face="Arial" color="#000000"><br></font></div>
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<div><font face="Lucida Grande" size="-1"
color="#000000">================================<br>
"Conservationists are unquestionably useful people. And among the
many useful services that they have rendered has been that of
dramatizing the vast appetite the United States has developed for
materials of all kinds."<br>
<br>
"But what of the appetite itself? Surely this is the ultimate source
of the problem. If it continues its geometric course, will it not one
day have to be restrained? Yet in the literature of the resource
problem this is the forbidden question. Over it hangs a nearly total
silence. It is as though, in the discussion of the chance for avoiding
automobile accidents, we agree not to make any mention of
speed!"<br>
<br>
John K. Galbraith. "How much should a country consume?"<br>
In Jarrett, Henry (editor),<i> Perspectives on Conservation</i>.<br>
John Hopkins Press. 1958<br>
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