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TAKING ACTION
The world faces many challenges. Currently, however, none may be more important than addressing climate change. The size of the problem is the real challenge. The scope and scale of global energy use and the extent to which it’s integrated into the fabric of our existence is basically an unstoppable train. At this point, undoubtedly, the solution will have to be a world-changing technology breakthrough. Immediate action must to be taken to bring forward new technologies with “real potential” to meet our greatest challenge.
Ideally the solution(s) to climate change will not just provide clean-energy, but will also generate power at a low cost. Low cost energy is the single most important way to elevate poor countries out of poverty and create greater stability in economies and societies throughout the world.
PATH TO
THE FUTURE
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There is no doubt that growth of wind and solar electrical power has provided climate change goal benefits. However, the limitations of these technologies will not get us where we need to go. This means that for the time being, the largest percentage of the world's power will continue to be generated from fossil fuels. What’s needed is a technology solution that either (i) reduces greenhouse gas emissions from fossil fuel-fired plants to very low levels (until renewables can carry the load), or (ii) generates 100 percent renewable electrical power at a low cost. As it happens, these two descriptions of “what’s needed” are exactly what Verus Power has the potential to deliver RIGHT NOW. Not only does this bode well for Verus Power’s investors, it also provides real potential to solve the world’s climate change problem.
