Creative destruction: The COVID-19 economic crisis is accelerating the demise of fossil fuels

Creative destruction "is the essential fact about capitalism," wrote the great Austrian economist Joseph Schumpeter in 1942. New technologies and processes continuously revolutionize the economic structure from within, "incessantly destroying the old one, incessantly creating a new one."

from Energy & Green Tech News - Energy Sciences News, Green Tech, Energy, Energy Science https://ift.tt/31aUtwh

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