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When I saw the title, my first thought was: "Because fossil fuels won't always be cheap, and will be gone in a couple hundred years" It seems pretty obvious t
by lettergram 11y ago
When I saw the title, my first thought was:
"Because fossil fuels won't always be cheap, and will be gone in a couple hundred years"
It seems pretty obvious that renewable energy is going to be the way of the future, so of course there will be large investments in it.
This really isn't surprising either, because "clean energy" doesn't usually pollute the air (as the article pointed out).
- Eric_WVGG 11y agoFrom a money/self-interest perspective, most of the fortunes in carbon have already been made. The people who get rich off renewables today will be creating new dynasties.
- brockers 11y agoThat was the general wisdom back in the late 70's but the reality now is we have found WAY WAY more carbon based fuel sources than we ever thought could be captured. Updated global estimates for oil are somewhere between 50 and 250 years and most estimates (other than those by left leaning not for profits) estimate 100 to 180 years worth of coal.
- Eric_WVGG 11y agoNo I get that but nobody is going to get on the ground floor of oil. Remember the old James Dean / Rock Hudson “Giant”? or “There Will Be Blood”?