To replace all gasoline in the US, it will require a substantial increase in renewable power plants. We estimate it will cost approx. $1T to build that capacity

To replace all gasoline in the US, it will require a substantial increase in renewable power plants. We estimate it will cost approx. $1T to build that capacity, although the cost could go down as it is done. To put that in context, the amount invested in shale fracking in an 8 year period between 2010 and 2018 was approx. $0.7 T, so not as crazy as it sounds. https://www.iea.org/newsroom/news/2018/july/investment-analysis-the-journey-of-us-light-tight-oil-production-towards-a-finan.html https://www.iea.org/newsroom/news/2018/july/investment-analy...