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Make Megaprojects More Modular

Alexander Ladanivskyy

Summary.   

With climate change forcing the pace, many sectors are contemplating major changes in technology and basic infrastructure. The oil- and coal-fired power generators of the last century are giving way to wind farms and solar arrays. Fossil-fueled cars and networks of gas stations may soon be consigned to history. In almost every industry, large capital investments will need to be made, and with them will come big risks.

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A version of this article appeared in the November–December 2021 issue of Harvard Business Review.

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