Change outdated policies

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Revision as of 08:38, 12 February 2023 by Savetheworld (talk | contribs) (Created page with "Governments need to quickly replace old, fossil fuel-powered equipment like power plants and cars with more efficient ones. Building power plants can be expensive and the cost is only low if it's spread over a long time. So, utility companies and their regulators are hesitant to shut down a functioning power plant that still has a lot of time left. Incentives, such as tax breaks or regulations, can help make this happen faster. Gates, Bill. How to Avoid a Climate Disast...")
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Governments need to quickly replace old, fossil fuel-powered equipment like power plants and cars with more efficient ones. Building power plants can be expensive and the cost is only low if it's spread over a long time. So, utility companies and their regulators are hesitant to shut down a functioning power plant that still has a lot of time left. Incentives, such as tax breaks or regulations, can help make this happen faster.

Gates, Bill. How to Avoid a Climate Disaster (p. 208). Penguin Books Ltd. Kindle Edition.

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