Change the rules so new technologies can compete.: Difference between revisions

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Once the new infrastructure is in place, changes to market rules are necessary to make sure that the new low-carbon technologies are able to compete. Current electricity markets, which were designed for older technologies, put modern technologies at a disadvantage. For instance, utilities that invest in long-term storage aren't given enough credit for the value they provide to the grid. It can also be difficult to use advanced biofuels in vehicles because of restrictive regulations. New types of low-carbon concrete are also struggling to compete because of outdated government regulations.
Once the new infrastructure is in place, changes to market rules are necessary to make sure that the new low-carbon technologies are able to compete. Current electricity markets, which were designed for older technologies, put modern technologies at a disadvantage. For instance, utilities that invest in long-term storage aren't given enough credit for the value they provide to the grid. It can also be difficult to use advanced biofuels in vehicles because of restrictive regulations. New types of low-carbon concrete are also struggling to compete because of outdated government regulations.


Gates, Bill. How to Avoid a Climate Disaster (p. 205). Penguin Books Ltd. Kindle Edition. Gates, Bill. How to Avoid a Climate Disaster (p. 205). Penguin Books Ltd. Kindle Edition.
Gates, Bill. How to Avoid a Climate Disaster (p. 205). Penguin Books Ltd. Kindle Edition.

Latest revision as of 08:15, 12 February 2023

Once the new infrastructure is in place, changes to market rules are necessary to make sure that the new low-carbon technologies are able to compete. Current electricity markets, which were designed for older technologies, put modern technologies at a disadvantage. For instance, utilities that invest in long-term storage aren't given enough credit for the value they provide to the grid. It can also be difficult to use advanced biofuels in vehicles because of restrictive regulations. New types of low-carbon concrete are also struggling to compete because of outdated government regulations.

Gates, Bill. How to Avoid a Climate Disaster (p. 205). Penguin Books Ltd. Kindle Edition.