Early adoption of renewable energy helps jump start the transition to a low-carbon economy via a reinforcing feedback loop. Anything that diminishes early adoption of renewable energy – including competition from ultra-cheap fossil fuels – slows down this transition. Recent reports that unusually low natural gas prices in the US may be weakening homeowner’s enthusiasm for investing in solar panels are a cause for concern, especially considering a dynamic we have begun exploring with En-ROADS (our … Continue reading Cheap Natural Gas Has the Potential to Weaken a Critical Feedback Loop Needed for the Transition to a Low-Carbon Economy
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