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Creating an level playing field is part of the complexity. The fact is we must migrate to mostly CO2-free power generation within the next decades and also repl
by oezi 1y ago
Creating an level playing field is part of the complexity. The fact is we must migrate to mostly CO2-free power generation within the next decades and also replace fossil energy for transport and heating.
Market-based economies are great to follow technology trajectories and are efficient at capital allocation but even for them we need additional incentive structures to speed up the process.
I also think that most countries have massively reduced subsidies for new projects but existing subsidies will still be served for a long time.