]The history of renewable energy suggests there is a steep learning curve, meaning that, as more is produced, costs fall rapidly because of economies of scale and learning by doing. The firms' green innovation is path- dependent: the more a firm does, the more it is likely to do in the future. The strongest evidence for this is the collapse in the price of solar energy, which became about 90% cheaper during the 2010s, repeatedly beating forecasts. Moving early and gradually gives economies more time to adjust, allowing them to reap the benefits of path- dependent green investment without much disruption. A late, more chaotic transition is costlier. Which one of the following statements best reflects the central idea of the passage?
- AEconomies of scale is essential for transition to green growth.
- BModern technological progress is intensely linked to path-dependent innovations.
- CCountries with large economies are in a better position to adopt green technologies.
- DTiming plays a crucial role in the case of green technology development.Correct
Explanation
![Reading Comprehension: ]The history of renewable energy suggests there is a steep learning curve, meaning that, as more is produced, costs fall](https://storage.googleapis.com/dalvoy-lessons-images/prelims-infographics/2025/UPSCCSAT2025GS02003.webp)
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