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The DRC’s cost competitiveness comes from its relatively cheap access to land and low engineering, procurement and construction, or EPC, cost compared to the US, Poland and China. This is due to the DRC’s proximity to cathode raw materials and heavy reliance on hydroelectric power plants.
For just a little more than half that amount, we could fund a fifty-fold increase in spending on R&D for the kind of game-changing technological breakthroughs—like smart grids, ultra-efficient batteries or even cheap, manageable fusion—we will need to end our addiction to fossil fuels.
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