The 'sailing ship' effect and the energy transition
carbonrisk.substack.com
The ‘sailing ship’ effect – also known as the ‘last gasp effect of obsolescent technologies’ - occurs where competition from new technologies stimulates improvements in incumbent technologies and the firms that produce them.
The 'sailing ship' effect and the energy transition
The 'sailing ship' effect and the energy…
The 'sailing ship' effect and the energy transition
The ‘sailing ship’ effect – also known as the ‘last gasp effect of obsolescent technologies’ - occurs where competition from new technologies stimulates improvements in incumbent technologies and the firms that produce them.