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These new technologies will accelerate the transition to net zero

By District Energy posted 06-27-2023 10:35

  

World Economic Forum

Summary

The transition to net zero is arguably one of the greatest challenges for the world. This not only calls for an overhaul of the ways we produce, consume and move, but a fundamental transformation of nearly all major industries.

Carbon emissions measurement is notoriously cumbersome. Our analysis suggests 40% of a sustainability professional’s time is spent collecting and cleaning data. Only 1 in 20 of those asked were even 70% confident in the accuracy of their emissions calculations.

Hardware development and policy innovations required to achieve net zero’

Douglas Bernauer, Chief Executive Officer, Radiant Nuclear

Energy use is roughly divided up into nearly equal blocks of residential, industrial and transportation sectors, with electric power generation being common to all those purposes. Hardware development and policy innovations are required to achieve net zero. Cost-conscious insulation and heat transport technologies can improve heating and cooling efficiency in homes. Combined heat and power at industrial facilities can be further adopted to reduce power draw. And in transportation, further electrification allows for hydro, wind, solar and nuclear to be added as clean power sources. Policy innovations allowing easier deployment of these technologies and enforcing efficiency can produce the culture shift downward in energy use per capita so it can meet the upward shift in deployed clean energy sources.

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