Energy Transitions Threaten Stability
This is a news story, published by Phys Org, that relates primarily to the University of Surrey news.
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Delaying the net zero transition could impose significant economic costs, new research reveals
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A new study from the University of Surrey simulates different energy transition scenarios and finds that earlier transitions are more economically beneficial than delayed, rapid shifts.
By analyzing the interactions between industries, investment patterns, and financial markets, the researchers show that disorderly transitions can lead to economic instability and financial risks.