Climateer β’ 755 implied HN points β’ 04 Apr 23
- Some technologies progress faster than others based on factors like standardization, product complexity, manufacturing complexity, barriers to entry, project timeline, and market growth.
- The power of standards can accelerate cost reduction in technologies by promoting standardization, streamlining regulatory processes, and fostering international cooperation.
- Subsidies are effective for technologies with steep learning curves, like batteries and solar panels, but may not work well for complex or customized technologies like nuclear power or BECCS.