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> It has to do with tax rebates for more efficient cars, ever increasing EPA fuel efficiency standards, ever increasing EPA factory emissions standards, heavy s
by Tuna-Fish 14y ago
> It has to do with tax rebates for more efficient cars, ever increasing EPA fuel efficiency standards, ever increasing EPA factory emissions standards, heavy subsidization of renewable energy not just by the West, but by China, etc.
All of that, and the effects mentioned by the author, are a blip compared to the effect of nat gas becoming cheaper than coal in North America. In fact, the reduction of CO2 output caused by natural gas replacing coal is actually larger than the total reduction of CO2 output -- that is, without fracking, US CO2 output would have grown.
- BoredAstronaut 14y agoSo what happens if the price of natural gas goes up again? Isn't this just another example of a lucky break that won't last forever (much like the history of cheap oil)? Granted, it doesn't at all take away from this being a good year, but the original article seems to imply that things are getting better and will always get better. It's during the good times that you're supposed to think about and prepare for the bad times. But too often, it seems like people just want to sit back and congratulate themselves. Ant vs grasshopper, I guess.