this post was submitted on 14 Oct 2024
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If we switched to renewable energy, the cost of coal and oil would crash, but it wouldn't drop to zero. Wealthier countries would stop producing oil locally and shipments would still circle the globe from countries desperate enough to keep producing at lower profits, to countries that cannot affort the more expensive renewable infrastructure.
That's not a reason not to switch. We just need to be prepared for the reality that no single solution will resolve all our problems. Conservatives and energy barons will fight tooth and nail, and will point to the new problems as evidence that we never should have switched. was
Renewables are already cheaper than fossil fuel power.
Yes but fossil fuel cost will drop, and they have existing infrastructure