People I (Mostly) Admire cover image

57. What Makes John Doerr Think He Can Save the Planet?

People I (Mostly) Admire

NOTE

Capitalizing and catalyzing the early expensive technology curve

The book tells the story of a german policy maker who established, for a decade, a declining price that the german utilities in government would pay for any renewable energy resources. The chinese government saw this opportunity and said, we want china to be the world leader in this new economic opportunity. So they put in place solar manufacturing plants in every province in every region,. funded by state capital, state loans. They sold for market share, below cost. To day, china is the 80 % world supplye of the lowest cost way to make electricity. We need the same kind of gift to the world to encourage the uneconomic scale production of carbon removal.

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