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It is impossible to solve climate change without government intervention. Capitalism is working, slowly, because solar and wind are cheaper. But we will hit wa
by ianburrell 3y ago
It is impossible to solve climate change without government intervention. Capitalism is working, slowly, because solar and wind are cheaper.
But we will hit wall where the carbon-free alternatives are more expensive. The government will need to ban gas cars at some point, or use carbon tax to make them unaffordable. Same with carbon-free concrete, big industry, natural gas appliances, and transportation.
Also, we will need to do significant carbon capture, and that is pure cost. The government will need to pay for it with some kind of tax.
- fouc 3y agoUptake of EV cars will largely be an S-curve, and average length of car ownership is a bit less than a decade. As people get a new car they're increasingly more likely to get an EV. I would not be surprised if we hit 60-70% EV cars by 2030. and probably 80% by 2035