Trying to force adoption of clean energy with subsidies, regulations, and exhortations will fail. The only realistic way to spur the green transition is to develop clean technologies that can reach effective price and performance parity with dirty ones. Then markets will adopt them at scale.
The market is the only lever powerful enough to drive the transition at the scale needed—and it will only work when clean energy technologies can outcompete dirty ones without subsidies or regulation. So, they must reach price/performance parity.
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Website: | Visit Publisher Website |
Publisher: | Information Technology & Innovation Foundation |
Published: | July 10, 2023 |
License: | Creative Commons |