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by HaukeHi
1155 days ago
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Continued reliance on outdated nuclear technology might not have the same crucial global technology spillovers as investments in other clean energy (including advanced nuclear). Since the best path towards global decarbonization is through global technology spillover into emerging economies, the actors that have the best emissions score may, surprisingly, not be the most effective actors at reducing the global rate of emissions in the future. This has some counterintuitive implications. Consider that Germany has higher carbon emissions than France even though it has invested more heavily in solar than its neighbor, which uses much more nuclear. Should advanced economies like Germany leave their nuclear plants running? Perhaps, but it will not make a very large dent in global emissions because 75% of all future emissions will come from emerging economies, which will not adopt the kind of (non-advanced) nuclear power currently in use in Germany. Consider that German citizens environmental footprints are currently less than 4% of the global total, a share that is on the decline. At one point, German subsidies drove ~⅓ of the global solar adoption, ~86% of which occurred outside Germany (6x) - see https://founderspledge.com/stories/changing-landscape#fnref1 |
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