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Why Bad Things Happen to Good Technologies

Why Bad Things Happen to Good Technologies

This video was recorded at MIT World Series: Alliance for Global Sustainability Conference. John Sterman pokes holes through some popular proposals for addressing climate change, with sobering case studies that demonstrate why "technological solutions are not enough to address the problem of creating a sustainable world." We are staking too much hope for a climate change fix on "the better mousetrap theory of innovation," says Sterman. It goes like this: New technology from places like MIT will drive down the cost of renewable energy, increase demand for carbon-free renewables and displace fossil fuels. New energy markets emerge, after a regulatory nudge or two from the government, or some incentives and emissions fees. To demonstrate how completely wrong this theory is, Sterman first... Show More
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