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The growth I was talking about was more about the few billion people that have been dragged out of poverty and can now afford cars, AC, flying. I think that wil
by rr808 3y ago
The growth I was talking about was more about the few billion people that have been dragged out of poverty and can now afford cars, AC, flying. I think that will out-emit anything the developed world does in going green.
- epistasis 3y agoI'm not so sure, because the question is how they will get their energy. Will it be from a big grid with natural gas powering it? Most likely not, because in developing areas it's going to be far far far cheaper to power a mini-split with a few cheap solar panels and a small battery than it will be to deploy a massive grid and all the maintenance, etc. The cheapest new energy is carbon free, meaning that new load will be coming from zero carbon sources. As the cost curves change more, this trend will get even more extreme. Right now in developed countries, there's enough entrenched interests, political propaganda, and an older set of decision makers in industry that we don't fully yet see how the technology landscape has changed. But in developing areas of the world, they won't be burdened by our same baggage.