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The early optimism of the 21st century—sparked by the Paris Agreement—suggested a coordinated global pathway toward decarbonization led by renewables. Entering the second quarter of the century, that momentum has weakened: fossil fuel demand has proven more persistent than anticipated, and policy commitments are increasingly contested.
Shanxi Institute of Energy (China)
Universidad Técnica Federico Santa María (Chile)
Universidad Castilla La Mancha (Spain)
Universiti Kebangsaan Malaysia y Guangdong Technology College (China)
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The “2026 Smart Factory Outlook” report positions advanced automation —AI, computer vision and collaborative robotics— as a macroeconomic response to a 425,000-worker shortfall in industry, with adoption rates that cement a new plant model based on intelligent orchestration rather than manual labor.
Material, equipment and subcontracted labor costs rose sharply again in February 2026, according to S&P Global’s Engineering and Construction Cost Indicator, consolidating a new inflationary cycle that is reshaping the viability of industrial projects worldwide.
China is preparing to switch on in 2027 the China Initiative Accelerator Driven System (CiADS), the world’s first megawatt-scale accelerator-driven subcritical nuclear reactor, designed to burn uranium up to 100 times more efficiently and cut nuclear waste lifetime to less than a thousandth of current levels, a development some experts see as the basis for a safe energy source for the next 1,000 years.
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