The New York Times Stores Energy, and with this, has been recently making the headlines. There always lies a difficulty in providing the sufficient amount of required energy at the right time. To make the electrical grid work, the production of wind and solar energy must be turned into the flow of electricity as required by the people, every year. Natural gas backup has always contributed to this. But, at present, problems have aroused.
The governments of the United States, Canada, and various other countries have decided to strictly stop the carbon emissions electricity by 2030. The major source of carbon dioxide is nothing but natural gas, which would be stopped. So, what’s the only way? Energy storage!
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The New York Times Stores Energy
Now, it’s time to figure out what energy we need and in what quantity so that we can work on storage. Several approaches were made but neither of them seemed to be progressive. Thus, ended up turning to The New York Times.
It has broached the energy storage matter in a substantial article, appearing on the front page. The headline states “Energy Fixes Exist. But They Need Money.” This completely mentions that our planet Earth needs to be saved. On this note, a question arises- If a company and its technology are highly promising, then why are the investors lining up to put up the money? Regarding this, the Times has stated that it’s because of the weird venture capitalists. They are attentive to making quick money on the latest fads which aren’t worthy at all. On the same hand, our planet earth shall suffer.
As the solution exists, several experts have shared their own opinion regarding energy production. Some said, that the steel and concrete industries should start working on adopting greener production methods. Few stated that the government should accelerate permitting and cut taxes to store energy in the future period.
As per the New York Times, the government has a massive amount of bucks!