Chapter 7: Going forward.
This paper demonstrates that balancing climate change mitigation MITIGATION. To make less rigorous or penal.
2. Crimes are frequently committed under circumstances which are not justifiable nor excusable, yet they show that the offender has been greatly tempted; as, for example, when a starving man steals bread to satisfy and increased energy needs in developing countries poses a serious dilemma that can only be reconciled with new and improved clean energy technologies. Unfortunately, despite renewed re·new
v. re·newed, re·new·ing, re·news
1. To make new or as if new again; restore: renewed the antique chair.
2. activity by governments and industry, serious barriers to energy RD&D will continue to undermine undermine,
v to separate surgically the skin or mucosa from its underlying stroma so that it can be stretched or moved to cover a defect or wound. progress in this area. To introduce new thinking in addressing these concerns, this paper has examined four cases from outside the energy sector where creative approaches to RD&D have successfully overcome similar barriers. By looking outside the realm of traditional and ongoing energy RD&D this paper introduces several novel paradigms that have had substantial success in delivering new and useful products. The lessons learned from these case studies provide global cross-sectoral knowledge and experience transfer that introduces a range of examples about how RD&D could be approached for clean energy.
Specifically, two vehicles could be envisioned that build upon the previously discussed lessons learned:
A clean energy technology innovation network would virtually connect energy research centers in developing countries and support designated centers of excellence in providing a variety of services and financing tools to promote innovation. The centers could focus on particular technologies and serve as conduits to launch international challenge programs that finance R&D on specific issues.
An advanced purchase commitment for clean energy technologies. An independent scientific committee would specify the characteristics of a technology or portfolio of technologies, the commercialization of which would be rewarded by a future purchase commitment. Similar to an options contract on a future feed-in tariff tariff, tax on imported and, more rarely, exported goods. It is also called a customs duty. Tariffs may be distinguished from other taxes in that their predominant purpose is not financial but economic—not to increase a nation's revenue but to protect domestic , such a vehicle could be designed to provide incentives to commercialize technologies that currently languish in the "valley of death."
More research is required to define the structures that would make these vehicles most effective and efficient, as well as to determine which technologies should be targeted.