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With a global recession and wars increasingly prevalent, a lot of legislation around clean energy may be required for economic and security purposes.
by blitzar 3y ago
With a global recession and wars increasingly prevalent, a lot of legislation around clean energy may be required for economic and security purposes.
- pjc50 3y agoIndeed. Does your country import fossil fuels? Then you're at the mercy of global energy prices. Whereas renewables lock in the purchase of energy over 20+ years with a big upfront payment. Ironically the rise in interest rates may be the worst factor affecting the transition.
- RandomLensman 3y agoIf there is local resistance against any new generation sites, storage and transmission, then renewables will be difficult to get into place while old stuff can still work - never underestimate the resistance to change.