Take care to avoid "unnecessary" cost in electrifying economy - Vivid

Sun, 09 Dec 2018

By Gavin Evans Dec. 10 (BusinessDesk) - Relying on electrification of heavy industry and transport to meet the country’s emission-reduction goals would risk “unnecessary” cost and may close out hydrogen export options longer term, Vivid Economics says. Expanding renewable electricity generation and using that power in light transport and industry, and using large-scale afforestation to offset emissions from more challenging sectors, appears a “sensible strategy”, the London-based consultancy says. But focusing on electricity when the r...

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