BEGIN ARTICLE PREVIEW:
As discussed in “Rethinking ESG Targets for companies like Amazon
, and Analog Devices
,” sustainability is driven by a carbon pipeline consisting of demand for energy, efficient delivery of energy to the end user, and finally dealing with the consequences of the process in the form of pollution. Virtualization, electrification, sequestration are powerful tools to accelerate the development of sustainable systems. Virtualization and electrification have powerful economic models which drive investment. However, sequestration is the least developed because it deals primarily with pollution.
In economic terms, pollution is often a “third-party” externality. That is, a buyer and a seller can come together on a deal which impacts a third-party without that third party’s consent. A simple example might be a seller builds a product which produces a great deal of air pollution because it can be done cheaply. The buyer loves the cheap price, yet all the folks impacted by the pollution had no say in the transaction. In modern times, this process has been handled by a predictable process which transitions through the following phases:
Disaster. Almost always, the process starts with some unfortunate event or circumstance which invites government intervention.
Research: Research …
END ARTICLE PREVIEW