Cleantech costs fall & efficiency improves. Deployment far outpacing projections

[rcjordan]

The Cleantech Revolution - RMI
https://rmi.org/insight/the-cleantech-revolution/

[rcjordan]

Proving yet again that we're quick to migrate if it is cheaper.  Ideals & altruism are poor drivers for us.

[ergophobe]

True, but I think it still depends on ideals and often subsidies to get a technology to the takeoff point where the effects of Wright's Law really being to compound.

Way back, I had a friend who bought an early hybrid saying that she thought it was a somewhat stupid car that was too expensive for what it did, but she wanted to encourage technology that would lead to electrification of the auto fleet.

In other words, without a few idealistic early adopters, you never get to the "cheaper" phase or you get there much much later.

Side note: this far more general "law" developed in 1936, has actually been a more accurate predictor of semi-conductor advances than the more famous Moore's Law.


https://www.ark-invest.com/wrights-law
https://www.ethicalmarkets.com/wrights-law-a-better-predictor-of-technological-progress-than-moores-law/