#transitionrisks — Public Fediverse posts

"We find that... a global irreversible solar tipping point may have passed where solar energy gradually comes to dominate global electricity markets, without any further climate policies. Uncertainties arise, however, over grid stability in a renewables-dominated power system, the availability of sufficient finance in underdeveloped economies, the capacity of supply chains and political resistance from regions that lose employment."

#Decarbonization
#TransitionRisks
https://www.nature.com/articles/s41467-023-41971-7

"The #StockMarket strongly reacted [to the #IRA]:green firms benefited, and brown firms did not.

While the financial market response to the IRA was economically significant, it did not lead to instability or financial stress, suggesting that #TransitionRisks posed by #climate policies as ambitious as the IRA may be manageable."

https://www.brookings.edu/articles/the-effect-of-u-s-climate-policy-on-financial-markets-an-event-study-of-the-inflation-reduction-act/