To breach this impasse, a mechanism supporting accelerated energy research is needed that seeks to reduce
future abatement costs, share experience and «learning - by - doing» in first - of - a-kind demonstrations, and thus facilitate future widespread deployments.
Deployment of CCS will drive learning, and the lowered
future abatement costs from deploying a new technology will benefit Alberta, and so it makes sense in this case for the government to bear some of the costs of this risky investment.
Not exact matches
Amid all the wailing and gnashing of teeth in many Anglo countries about the
cost of carbon
abatement and clean energy, the European Union remains steadfast in its belief that's investing in the
future is a lot cheaper than business as usual.
The intertemporal optimization point is that investing now into renewable helps to get the prices down quicker, and have lower
abatement costs in the
future (this argument is so central that is deserves another blog).