Conventional energy industry is heading for global crash, and needs root-and-branch reform, says green energy entrepreneur
Much of Big Energy is guilty of an enculturated risk blindness that, unless action is taken, will lead to an inevitable global crash according to Jeremy Leggett. As the World Energy Congress opens in South Korea, the man described as "Britain's most respected green energy boss" writes of wider risk-taking in energy – and financial markets, as he has seen it play out – often behind closed doors – since the oil price began its inexorable rise in 2004. Jeremy Leggett concludes that too many people across the top levels of government and business have closed their eyes and ears to systemic