A core topic in graduate courses in electrodynamics is the description of radiation from an accelerated charge and the associated radiation reaction. However, contemporary papers still express a diversity of views on the question of whether or not a uniformly accelerating charge radiates suggesting that a complete physical understanding of the energy content of the fields surrounding an accelerating charge is still missing. It is argued in this paper that the missing insight is the precise physical meaning of the somewhat mysterious 'Schott energy' which is shown to be simply the difference between the energy in the bound electromagnetic fields of the accelerating charge and the amount of energy in the bound fields of a uniformly moving cha...