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From Fossil to Low Carbon: The Evolution of Global Public Energy Innovation
Should we be optimistic about global clean energy innovation efforts against climate change? New research from Climate Policy Lab shows that global government energy RD&D investments between 2000-2018 are decarbonizing. RD&D funding for nuclear has held steady and highlights continued focus on this technology by India. Global public RD&D investments in fossil fuels technologies have decreased in recent years while clean energy has been on the upswing, the new research reveals. China and India have now joined the United States and Japan in the ranks of the top four countries overall. The study notes, however, that energy RD&D by state-owned enterprises remain skewed toward fossil fuels, calling into question whether national governments need to step in to reorient the efforts of these large state-run energy firms.

Sep 14, 2021 08:00 AM in Eastern Time (US and Canada)

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