Review: Inducing transformational energy technological change

Thomas J. Wilbank
Oak Ridge National Laboratory, United States

Reducing risks of severe climate change in the latter part of the 20th Century is likely to require not onlyincremental improvements in known energy technologies, but the discovery of transformational new energytechnologies. This paper reviews current knowledge about both demand and supply aspects of the challengeof accelerating transformational change, considering both economic and policy incentives, including targetedgovernment funding of research and development, and several other schools of thought about drivers ofscientific discovery and innovation.

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