Technological innovations required to accelerate the green transition
In Short
There is cautious optimism that technological advancements will play a crucial role in providing cost-effective clean energy solutions.
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Significant progress in green technology is essential to achieving the ultimate goal of affordable clean energy. Two primary avenues favored by the public include the development of low-cost batteries and the realization of clean nuclear fusion power plants. This need becomes even more pressing given the potential delays in implementing energy-efficiency standards through regulatory and taxation measures.
Global anticipation is high for further reductions in clean energy costs, driven by breakthroughs in scalable clean technologies that can compete with and ultimately replace fossil fuels.
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