4 ms·
Much of the US has access to cheap natural gas. And a good amount of oil. The greater the cost of energy the more it drives innovation in energy usage as well a
by gregwebs 3y ago
Much of the US has access to cheap natural gas. And a good amount of oil. The greater the cost of energy the more it drives innovation in energy usage as well as incentivizes projects that would have a longer pay back period where energy is cheaper. Although Norway has abundant energy but socialized the profits and is using them to advance their usage of renewables and electrification. In the US we privatize the gains and only socialize the losses.