Sustainable Energy

Why the SDGs alone aren’t enough

There is a new metric when it comes to the UN’s Sustainable Development Goals: the ‘spillover effects’ of each country on the world at large. These spillover effects include pollution, financial secrecy, and contribution to peace abroad. Since these effects are accounted for outside of a country’s borders, they are not represented by national statistics. A country might rank very highly when judged only by its own statistics (such as the US and Switzerland), but this is a lopsided view when looked at in a global context.

Seismic Change in Global Energy

The global energy landscape is changing dramatically as evidenced by the following five trends.

  1. Last year, coal production fell by a record number. A higher number of producers than ever before are switching to natural gas, wind, and solar energy.

  2. The world’s largest economies are among those who are turning away from coal. China and the U.S. are the world’s largest two economies, so their reduced use of coal has the most impact.