Power-hungry AI risks tipping millions into “energy poverty” unless investors pour more money into renewables, according to Chinese wind turbine magnate Zhang Lei, who argued that the case for clean energy was now driven by mathematics rather than climate change.
“We have to build this renewable energy system, not just because of the climate crisis,” he told the FT. “It’s because of long-term prosperity.”
Zhang, the founder of Envision, predicted global electricity demand would rise as much as 10-fold over the next decade, while fossil fuels would become progressively more expensive to extract as supplies are depleted, risking higher energy bills unless more wind and solar farms are developed.
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