
Decentralization
"Age of Miracles"
00:00
The Transition to Local Renewables
As renewable brings the cost of energy closer to zero, there will be a host of second and third-order impacts that are hard to predict. The transition to renewable energy demonstrates that the oscillating sine wave slopes upward. From a centralized global supply chain, the world is moving back to a decentralized system in which each nation develops more of its own manufacturing capacity at home.
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