Transition To New Energy Economy
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The document discusses the transition from the old energy economy to the new energy economy. The old energy economy relied heavily on fossil fuels and lacked energy security, while the new energy economy will utilize more renewable resources, energy efficiency, electric vehicles, and intelligent infrastructure. Over time, the rising costs of the old energy system and falling costs of new technologies will drive investment towards the new energy economy and lead to a transition between the two systems.
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![Old energy economy ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Source: U.S. Energy Information Administration, 2008](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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