Big is Beautiful in a World of Scarce Energy Resources

IF YOU want energy, think big. Think about power stations, oil platforms, a continent criss-crossed with pipelines, convoys of supertankers plying the oceans. If you like alternatives, think of a forest of windmills crowning every hill or a blanket of solar panels eclipsing French vineyards.

Whatever your preference, there is no avoiding the need for scale, huge scale. Our energy requirement is enormous and growing. Over the next 25 years the International Energy Agency reckons that the world will need 60 per cent more energy than is consumed today and the IEA estimates the need for an investment of $16 trillion (
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