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Energy Increasingly Renewable
The growing interest and action in renewable energy appears to have finally gotten over the advance-and-retreat pattern that has characterized if the last several decades. In short, fossil fuel prices go up > R&D in renewables goes up as a result > fossil fuel prices go back down > R&D funding for renewables is cut. Climate concerns appear to have overcome this cycle and the advances in the technology and reductions in its cost make it increasingly compelling as an alternative.
Summary
In Futures Research
Additional Viewpoints
Discussion
Further Reading
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Last modified: 2023/05/31 18:10 by elizabethherfel
Discussion
Energy Increasingly Renewable Oil & Gas 2030: Let There Be Change by Accenture
Excerpt from report: “For years, oil and gas companies have struggled to achieve profitability, capture investors’ interest and secure public trust. Those challenges have been exacerbated recently by an abundance of supply, the growing decarbonization momentum and the structural shifts in consumer behaviors. Many companies’ relevance — and even their social license to operate — are called into question.”
This document emphasizes supply and primarily concerns itself with how the carbonized energy industry can survive in a far more competitive energy environment.