How the Speed of the Energy Transition Is a Self-Fulfilling Prophecy
“How might the speed of the energy transition be a self-fulfilling prophecy?”
One of the most hotly-debated topics in the world right now is how fast the transition from a coal and fossil-fuel based energy paradigm to a cleaner renewable ones will be. Many say that it will be fast and exponential thanks to the precipitous price-drops in solar PV technology and others say that infrastructure lock-in will slow it to a crawl. However, the public’s belief in how fast the transition will go will modify support and pressure for new technologies and systems to be available. Therefore, if people believe that it will go fast, it will! This is How the Speed of the Energy Transition Is a Self-Fulfilling Prophecy.
“How can we identify internal vulnerabilities in infrastructure?”
In the physical world, imperfections can be found in every little structure. This also holds true for infrastructure. Resilience Vulnerabilities are the parts of infrastructure that may be liable in case a situation happens. Examples include not having backup generators or having structurally weak cement for the building.
Infrastructure Resilience Workshops
“How can we coordinate workshops to practice resilience?”
With the advent of climate change, infrastructure operators are going to think about how they can practice and implement resilience. One way to accomplish this is to hold Infrastructure Resilience Workshops, where multiple governing parties can come together and decide how to quantify and implement their resilience goals. To illustrate, a utility and a hospital may come together to discuss what assets will be prioritized and how to keep patients safe in the case of a blackout.
Why International Cooperation will be the Basis of Fighting Climate Change
“Why can the world only fight climate change if it works together?”
Out of all of the threats to the world, one stands out in particular, climate change. The very systems that support the industrialized world is causing its demise through this very phenomena. And since these systems span international boundaries, multi-governmental institutions will need to be created and work in tandem to reduce carbon emissions. This is Why International Cooperation will be the Basis of Fighting Climate Change.
“What are the consequences of large-scale investment in outdated infrastructure technologies?”
Institutions are constantly faced with difficult infrastructure decisions. Should they invest in experimental technologies such as renewable energy and distributed battery systems or opt for more traditional oil pipelines? Well, whatever approach is taken, the infrastructure and supply chain created will exist for multiple generations to come and will create heavy inertia to shift. A fine illustration of this is the difficulty of shifting the United States to mass transit due to its car and road dependent paradigm. This Infrastructure Lock-in must be dealt with when making policy decisions.
Strategic Petroleum Reserves
“How do nations handle reserves for fuels in case of a national crisis?”
Petroleum drives a substantial portion of the global economy, whether it be for moving cars or making plastics. But if a national crisis breaks out, petroleum supplies can be disrupted, leaving devastating consequences for a nation. For this reason, countries have Strategic Petroleum Reserves which allows them to have access to fuel supplies in case an emergency comes up.
“How can we assess risk?”
If phenomenon has a possibility of occurring with malignant effects it is classified as a risk. The origin of the risk, its spread, and its malignant effects can all be assessed. However, these all can be brought together under a complete Risk Assessment, which gives a holistic and quantitative overview of the entire picture.
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