Phil Thornton researched and wrote three detailed features for the 2017 winter edition of the EMEAfinance magazine.
The cover story was an analysis on the impacts for businesses and government sin emerging markets of the agreement on climate change signed in Paris in Deceber 2015. He spoke to a number of senior figures at the a business summit that was part of the COP22 conference in Marrakesh in November 2016. The election of Donald Trump cast a shadow over the summit. However, experts told him that a collective commitment to build on the momentum of the last two decades meant further innovation in tackling global warming was inevitable. The story is here.
While in Marrakesh Phil had an indepth interview with Paddy Padmanathan, President and CEO of ACWA Power. Under his leadership ACWA Power has built up its share of renewables from zero to 15%. He reveals how he would like to see a carbon price of $100 a tonne, how governments should set out the amount of energy they intend to procure over the next five years and the energy mix they envisage, and the challenge of the industry is to go beyond the successes in photovoltaic (PV) and wind power and develop the renewable technologies that will put control of global warning in sight. The interview is here.
Phil also met a number of senior figures who are studying or investing in products related to the growing longevity crisis that is threatening Europe and particularly countries in the east of the continent. They urged policymakers in emerging economies to learn lessons from developed countries to tackle the issue before it hits their economies. The story is here.