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Except cap and trade programs have done nothing to prevent or curb climate change. Oil companies just buy carbon offsets and continue polluting. Solar still dep
by hjhgjtyhgdfi8 11y ago
Except cap and trade programs have done nothing to prevent or curb climate change. Oil companies just buy carbon offsets and continue polluting. Solar still depends on billions in subsidies to be viable, as with many other renewable energy sources. Solar is also extremely inefficient. It costs around 8 times more to output the same energy compared to natural gas for example. We've already invested billions in solar, and we've barely made a dent on solar costs. Oil is very cheap and affordable to the poor, which explains their continued use in the developing world over renewable energy.
- epistasis 11y agoWhat carbon cap and trade programs? Is your contention that a cap and trade program could t reduce emissions? If it can't, then it's not a cap and trade program. Your pricing information on renewables is out of date, and quickly becoming more out of date. The renewable industry is changing fast, traditional energy industry changes slow. Those dinosaurs won't know what's hit them until it's too late.
- codecamper 11y agoNot 100% sure about this, but if you rely only on a pure market approach, then oil & coal will become cheaper & cheaper while they become less popular. Their demand will drop & so the price will go down. The reality is that we must put an human mandated limit on the amount of carbon fuels to burn. Think of it another way: If burning carbon fuels causes major instability in the climate, then the fate of the human race should not be determined by the amount of carbon in the ground. It should be determined by humans being determined.