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If fossil fuels are being phased out investors won't be willing to take risks and invest in capital intensive projects that only pay off after decades. This ca
by 99_00 5y ago
If fossil fuels are being phased out investors won't be willing to take risks and invest in capital intensive projects that only pay off after decades.
This can lead to a painful short term energy crisis. Many will celebrate this pain and suffering pointing out that it creates an insensitive to move to alternatives.