When it comes to the energy transition, one analyst sees the market making a big mistake

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The comments, from Lombard Odier's head of sustainability research, were made during a discussion at the World Economic Forum in Davos, Switzerland.

As the discussion in Davos — which was moderated by CNBC's Joumanna Bercetche — progressed, Hohne-Sparborth was asked if clean energy was now affordable at the scale required.

"We've done some work looking at past technological revolutions, whether it's the adoption of steamships, of mobile phones — any piece of major sort of new technology of infrastructure." For Hohne-Sparborth, it didn't seem to be getting through that, "when a new, superior technology emerges, that becomes cost competitive, that rollout can happen very quickly.""What we're facing … is a dramatic change," he said, adding that renewables now represented "the cheapest form of energy, in most cases."

 

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Wind turbines kills millions of birds annually; now r killing whales off NJ coast. Can you recycle the blades? No .. goes to landfill. Can you safely dispose of solar panels? Too expensive. So where do they go? Shipped to poor countries to bury or stays in farmland to leak

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