For evidence that mainstream economists are taking the challenge of covid-19 seriously, look no further than the comments of Gabriela Ramos, chief of staff at the OECD, at a conference in April: “For many institutions, including the OECD, which has traditionally emphasized the need for efficiency, it is not easy to accept that we should build […]
Stood on the four main pillars including power, economy, setting and society, future of green technology is not any extra a buzz phrase. By the end of this yr, Congress is likely to debate-and perhaps cross-formidable legislation that may, like the stimulus package, help redefine the economics of power know-how for decades to come. Whereas the specifics are still being thought-about, the legislation is prone to introduce a cap-and-commerce program to set pricing for carbon-primarily based power sources, set up nationwide standards for renewable electricity, and supply provisions to modernize lengthy-distance electrical energy transmission systems. In such a context, the stimulus invoice is only one part of a larger power agenda that may, arguably, be crucial change in expertise coverage for a era.