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That "just" is really doing a lot of heavy lifting. Economics is what makes this country work. If converting to renewables makes more money, that's what will h
by HeyLaughingBoy 23d ago
That "just" is really doing a lot of heavy lifting.
Economics is what makes this country work. If converting to renewables makes more money, that's what will happen and the people making the money will find a way to justify it politically.
- datsci_est_2015 23d agoWhich makes it all the more remarkable given the century+ headstart fossil fuels had in entrenching itself in our political process and power structures. Texas is doing something right, that’s for sure. But it’s not so clear what that thing is that the topic can be considered settled without debate.
- schubidubiduba 23d agoEconomics only make the country work when societal costs are not externalised by those that cause them. Which they have been, always, by fossil fuel companies.
- strictnein 23d agoMost of the benefits of cheap energy are also externalized. Why do we focus on one but not the other?
- Daishiman 23d agoBecause cheap fossil fuels's benefits will dissipate in two decades if we can move to green energy while the downsides project into whatever time remains of organized human civilization.
- strictnein 23d agoThe benefits of fossil fuels will also be felt for centuries as well. It's what moved us into the comfortable lives we all enjoy today and lifted billions out of poverty. The point isn't that they're wonderful, it's that they're treated as this thing that only a few have benefited from, when it's exactly the opposite.
- Daishiman 23d agoThis can't be denied but the reality is that the fossil fuel industry has done everything in its power to delay the transition to other forms of energy for the past 50 years with great success and to their benefit. What could have been a successful transition to nuclear and solar would have implied maybe up to 30% of the emissions we have created thus far, which would have drastically changed the panorama of climate change where we wouldn't be in the position where we are today. It's literally just a couple of decades of effort what separates the scenarios between mild climate change and the accelerated extinction of most of humanity and biomes. All so that Saudi Aramco and Chevron could get a bit more profit.
- Fricken 22d agoFrom the perspective of our evolutionary fitness function the most critical thing is to eliminate existential risk, and from the dawn of the industrial revolution to now all we've done is create them. Fossil Fuels allow us to keep 8 billion people alive at the same time temporarily, which is a reckless and irresponsible thing to do. If it isn't sustainable it's a joke.
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- agentultra 23d agoIn an ideal world where the market is perfect, maybe. But in reality entrenched market players have access to political influence that lets them stay entrenched. They’ve spent a lot of money since the Industrial Revolution to make sure we need them. It’s not a perfect free market. There’s no such thing. Politics has a huge influence in economics and vis versa. They’re intertwined.
- idontwantthis 23d agoYou are ignoring the fact that the Trump administration has taken proactive steps to interfere with economics and prevent people and companies from building cheaper clean energy. They have tried to ban offshore windfarms and when that didn’t work they straight up paid Total $1billion to build fossil fuel plants instead. They spend millions to tear out already installed chargers from federal property. They illegally clawed back funding states and companies were already spending on clean energy. They eliminated tax benefits for electric cars, causing car companies to spend several billion dollars to completely reverse their production strategies.