Just imagining. The thing is, there’s so much subsidy involved in oil to keep it cheap that the price of oil without subsidy would have greatly encouraged earli

Just imagining. The thing is, there’s so much subsidy involved in oil to keep it cheap that the price of oil without subsidy would have greatly encouraged earlier development of renewables. The price on renewables then would have fallen. The primary issue facing anything competing with oil is precisely the subsidy factor. If prices are not allowed to rise naturally as oil becomes increasingly expensive to extract, any competitor is not only attempting to assail the infrastructure already built for oil, but also the artificial price of oil. Today, many are motivated by doing “the right thing” but many more haven’t the money to do “the right thing”. Telling those people to abandon oil and use something more expensive might actually mean death for those people. This all could have been avoided had the petrodollar and the subsidies that came with it never happened.