Global Green Shift: China as Driver

Lowe Theatre, Room 103
Redmond Barry Building
The University of Melbourne
Parkville VIC 3010

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Caitlin McGrane

caitlin.mcgrane@unimelb.edu.au

T: +61 3 9035 9458

Professor John Mathews will present evidence that there is a global green transition under way – but contrary to popular perception it is not driven by the United States, the European Union or Japan.

He argues that it is China that is driving the green transition, and very much for its own reasons of enhancing its energy security (based on the fact that renewable devices and batteries are all products of manufacturing) and cleaning up its deteriorating urban environment.

As China builds its own renewable energy and circular economy infrastructure, to enhance its own energy and resource security, it drives down costs worldwide – and creates vast new business opportunities everywhere. The speaker’s subsidiary argument is that if China were to continue with fossil fuelled 'business as usual' then it would face insoluble crises involving oil wars, terror and geopolitical entanglements that could be avoided by going for renewables; the speaker calls this the 'real' geopolitical limits to growth in China, not the physical limits discussed ever since the Club of Rome report. China is extending this domestic clean energy strategy out to 60-plus other countries linked by the One Belt One Road strategy and the lending policies of the Asian Infrastructure Investment Bank.

The speaker’s argument has current added resonance given the ascendancy of President Trump in the United States. By driving the United States towards fossil fuels and away from renewables, he will effectively allow China to assume world leadership in the emerging energy industries of the 21st century.

About the Speaker

John Mathews specialises in catch-up strategies of firms and countries in East Asia, publishing widely in this field. From 2009 to 2012 he held concurrently the Eni Chair of Competitive Dynamics and Global Strategy at LUISS Gardi Carli University in Rome. For the past several years Professor Mathews has focused on the greening of industry with an emphasis on the role of China. The year 2017 sees publication of Professor Mathews’ new book, Global Green Shift, by Anthem Press in London (http://www.anthempress.com/global-green-shift-pb). This work builds on his article, “Manufacture renewables to build energy security” was published in Nature in September 2014 (co-authored with Hao Tan). In 2015 his book, Greening of Capitalism: How Asia is Driving the Next Great Transformation, was published by Stanford University Press. He had a new book published in late 2015 by Palgrave Pivot, China’s Renewable Energy Revolution and its Global Significance, again co-authored with Dr Hao Tan. In 2016 Prof Mathews and Dr Tan published a second article in Nature, on China’s circular economy and its lessons. In 2017 Professor Mathews launched a webpage for his new book, at: www.globalgreenshift.org

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