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" ... However, almost 30 years on from the advent of Everest commercialisation, the dynamics on the mountain are changing again, with several low-price operations now replacing or augmenting the traditional Western expeditions. Many don’t have the manpower to clean up after themselves or the values to do so. ... "
" ... Other stats are more sobering. The average break even Brent price for these projects is US$65/bbl (15% IRR), even after a 20% global reduction in costs since 2014. An average of 15 years has passed since the first discovery on projects sitting in the hopper. The glacial pace towards commercialisation hints at inherent problems. ... "
" ... That same week, the United States National Academy of Sciences held a consultation with private fusion companies as part of a study to determine how best to support the development of a fusion pilot plant (a machine that will demonstrate the production of electricity by fusion). The panel wanted to hear from manufacturers and industry about their plans for a fusion test plant. The consultation process is an exciting opportunity for private-company thinking to be incorporated into the government program. It’s an opportunity for government to partner with industry to drive the technology towards commercialisation fast—on a timescale soon enough to matter for climate change. ... "
" ... Ultimately, fusion is an international effort that will have global impact. Scientists and governments collaborate. The Fusion Industry Association has member companies around the world. But in this crucial period as we move towards commercialisation, strong government leadership is becoming increasingly important to create the right climate for more private investment and for private fusion companies to thrive. This is what is needed for the private sector to take the baton from the publicly-funded labs to finish the race for a cleaner future. ... "