8.4 Flashcards
sustainable innovation
creating new products w positive changes to people, planet, profit
what does sustainable innovation depend on
the cooperation between diff stakeholders (govs, manufacturers etc), taking into account their diff perspectives and goals
why is sustainable innovation so difficult and costly
works on socio technical system – its beyond just technical solutions and is therefore a radical approach
why can sustainable innovation lead to periods of negative economic impacts
bcs radical changes can take 20-40 years, depending on the innovation being implemented
sustainable strategies
1 top down
2 bottom up
top down strategies
controlled by govs, highest companies etc => have the potential to make widespread changes, generally driven by legislation etc
bottom up strategies
opposite of top down
the idea is to change policy through behaviours; big impacts ha[[en when individuals work together
hence strategies come from ‘bottom’ – local, regional, consumer-group level (like biking to work instead of taking a car, tree planting…)
gov initiatives helping w sustainable innovation
1 regulation – govs set rules, laws, limits
2 taxes – can be set to penalise products that damage environement
3 subsidies – companies may receive subsidies to support sustainable innovations
4 education – govs can encourage sustainable consumption by providing information
macro E sustainability
1 large goal setting
2 national level, focuses on country E consumption
3 gov policies, international agreements
micro E sustainability
1 small goal setting
2 focus on local initiatives
3 focuses on individuals, companies making choices
energy demand
how much E flows over a day, week, year. not consistent
what is important for those who manage + generate E to understand
when there are high, low demands for E
energy security
the uninterrupted availability of affordable E sources
how to battle fluctuating E demand
through resilient E grids and larger availability of natural resources for E
smart grids
becoming alternatives to national grids bcs of their ability to meet changing demands. its a modernised electrical grid that uses technology to improve efficiency, reliability of electricity production and distribution