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Technology is reaching the point where renewables are just as cheap and reliable as fossil fuels (and note, coal plants break down and gas and oil supplies get

Technology is reaching the point where renewables are just as cheap and reliable as fossil fuels (and note, coal plants break down and gas and oil supplies get interrupted): https://www.reuters.com/business/environment/australia-promises-billions-renewable-projects-rewire-power-grid-2022-10-19/ https://www.reuters.com/business/environment/australia-promi... It's rather interesting that some major fossil fuel producers are building renewable domestic infrastructure (Australia, Saudi Arabia) although they don't seem to want to cut exports as quickly.

zizee 4y ago
Both of you have good points. The world needs cheap energy to function. Renewables are becoming more capable by the day, and can/will be that source of cheap reliable energy. But the transition is not going to be instantaneous. If renewables are as cheaper/reliable/better as fossil fuel (and continually improving) the economic incentives will effectively push the transition as fast as is possible. The transition is supply constrained as much as anything. Production of solar, wind is rapidly growing, but it can only grow so quickly.