3 ms·
The capex in something, the opex is neglible, but the opportunity cost doesn't make sense until energy prices go very low or negative is some permanent fashion,
by h0l0cube 2y ago
The capex in something, the opex is neglible, but the opportunity cost doesn't make sense until energy prices go very low or negative is some permanent fashion, or both fuel costs are very high and the switching to alternatives costs too much, or is even infeasible (e.g., air and space transport, shipping, steel production). A premium might make sense for specialist operators who want 'carbon neutral fuel', and have customers willing to pay for it.
- jfengel 2y agoA fossil fuel tax would capture the externality that's currently not accounted for, and shift the viability of a project like this. All that's needed is the desire to avert much larger costs in the future. Or in other words, an absolute impossibility.
- kaliqt 2y agoThat's a very bad idea.