Paving the Way for the 21st Century
Two Concurrent Stratagems, One Energy Future
Due to the popularity of innovation and media proliferation, an overwhelming number of people get dragged into thinking that through small-scale sustainable deployment and energy innovation alone the world will meet its sustainable goals in the fight against climate change*. Unfortunately, this is not true. “We need big gains” - Olivier Guersent, Europe's most senior official working on Sustainable Finance at the European Commission, stated during a conference at University of Oxford. The European Commission estimates that we need to spend 180 to 200 billion euros per year for the next 16 years to meet environmental targets in Europe.
Given the EU Climate Change policies established by the European Commission, the United Nations recommendations that emerged from the Paris Climate Agreement, and the social pressure to exponentially reduce our carbon footprint, the world is experiencing a massive deployment of large sustainable technologies such as hydro dams, nuclear power plants, and large offshore windfarms, amongst others.