Who should build the low carbon economy?
BRASÍLIA — Suppose the global economy comprised countries roughly equally equipped with research institutions, technology development labs, and industrial production facilities. They might compete fiercely, build rival alliances, and vie aggressively for raw materials and natural resources. But one can also imagine a more optimistic scenario. Since each country would understand its own challenges…
The global economy, once characterized by a more equitable distribution of research institutions, technology development labs, and industrial production facilities, has increasingly become a landscape dominated by concentrated expertise. Since the dawn of the Industrial Revolution in the early 1800s, goods and technologies have spread across the globe, but the ability to design, build, market, and profit from them has remained largely in the hands of a select few.
This concentration of knowledge and capabilities began to manifest by the mid-1800s, as steam locomotives and other industrial innovations transformed societies and economies.
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- Who should build the low carbon economy? koreatimes.co.kr