We are taking a devastating risk with the green energy sector - one that might cost us our future | Brett Christophers

Relying on private companies to solve the climate crisis means that the planet's fate rests in the hands of asset managersWe are living through perhaps the biggest and most important policy experiment in human history, without even being aware of it: we have been relying primarily on the private sector to put an end to the climate crisis. But this experiment increasingly looks like a mistake, and one that may cost us our planetary future.To appreciate this, consider the global stock market. With stock prices now at all-time highs, it would be easy to assume that global business is uniformly buoyant. But look behind the headline figures and it becomes clear that while some industry sectors are flourishing, others are floundering. The cast of winners and losers throws up an irony that is significant and dreadful. One of the sectors where stock performance is worst happens to be one the world arguably needs to be best. That sector is clean, renewable energy, or what is more widely termed "green capitalism".Brett Christophers is a professor in the Institute for Housing and Urban Research at Sweden's Uppsala University and author of The Price is Wrong: Why Capitalism Won't Save the Planet Continue reading...