4 ms·
>are you saying we should shut down renewable energy so that the price of energy goes up and consumption of it goes down accordingly? No. I’m suggesting that
by anonuser123456 3y ago
>are you saying we should shut down renewable energy so that the price of energy goes up and consumption of it goes down accordingly?
No. I’m suggesting that once a cost competitive alternative exists at scale for hydrocarbons, we institute Pigouvian taxes (e.g. carbon taxes). This ensures that at the margin, people are incentivized to choose low/zero carbon energy sources.