14 Nov '11, 5pm

Fact Sheet: The Power of Innovation: Meeting our Energy Challenges through Accelerated Innovation

Fact Sheet: The Power of Innovation: Meeting our Energy Challenges through Accelerated Innovation

We are facing two urgent energy challenges. We need to maintain modern energy services and expand energy access to another 1.4 billion people.1 We also need to mitigate further climate change by reducing greenhouse gas emissions, including carbon dioxide from fossil fuel burning.2 Low-carbon technologies such as wind and solar power exist and have the technical capacity to meet global energy needs,3 but they are expensive compared to high-carbon alternatives and face performance challenges like requiring large quantities of water or land. They are new to the energy system and can create integration headaches. Innovation—improvements in cost and performance—will close the gap between the low-carbon technologies of today and the low-cost, high performance technologies the world needs.

Full article: http://www.wri.org/stories/2011/11/fact-sheet-power-innov...

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