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In particular, prices will rise gradually over time, which will encourage investment in cost-lowering research and development, as well as into energy generatio
by jcrites 13y ago
In particular, prices will rise gradually over time, which will encourage investment in cost-lowering research and development, as well as into energy generation.
The market is what helps the world adjust. Unless a dramatic event causes a significant change in prices in a short time, things will carry on just like they always have.
- jshen 13y agoHow can an economy grow significantly if energy is capped?
- jshen 13y agoAlso, this idea that we don't have to worry about stuff because the market with help us adjust is idealistic wishful thinking at best.
- sliverstorm 13y agoWhat are you proposing is the problem? That we will foolishly bull forwards, and accidentally violate the laws of physics and consume more energy than there is?
- chii 13y agothe fear is that we would consume too much now, and not leave enough behind to facilitate the research/development needed to find/create better sources of energy. E.g., you used up the fuel in the car too fast, and can't reach the next gas station.