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Economics finds a way. Prices go up the rarer it is. We had prices for petroleum go up several cents per liter, and people here switched to natural gas vehicles
by muzani 5y ago
Economics finds a way. Prices go up the rarer it is. We had prices for petroleum go up several cents per liter, and people here switched to natural gas vehicles.
EVs are a "fad" now but once prices go up a little more, people will switch. Energy companies charging more to match scarcity will just get switched. Right now it's not economical to do more solar or "microwave" power plants, but if prices go up, a lot of smart people will enter this sector.
Nuclear fission might be a more interesting question, because that's the main fallback. But it should last long enough until people figure out fusion.