Why the Renewable Energy Transition is More Complex Than You Think
We’ve all been hearing about the importance of renewable energy and phasing out of fossil fuels over the years, but have you ever wondered why isn’t the world fully powered by renewable energy yet? While the benefits of renewable energy are clear – reducing carbon emissions, decreasing reliance on finite resources and mitigating climate change – the shift from fossil fuels to renewables is far more complex than it seems at a first glance. This complexity arises from many different factors, and today we’ll take a look at a few (this is by no means an exhaustive list). The renewable energy transition requires many technological advancements, but these advancements need to be followed by massive investments, regulatory changes, and a