As the Middle East War continues, with fuel rationing & $200/barrel oil likely ahead, it feels like history will look back at this moment as a definitive ending of the Fossil Fuel Age. People will still be using oil, gas, and coal for decades to come, but in constantly declining amounts. But something more fundamental has changed.
Fossil Fuels now represent backwardness, yesterday’s tech, expense, instability, and unreliability. Renewables were once seen as fringe and environmental gesture politics; now they are taking over as the dominant global energy paradigm.
Still not convinced that’s true? Read the linked article to see how China has used renewables to create the greatest industrial/manufacturing economy in all of human history.
Minerals, Metals, and Megawatts: How China’s Power Generation Drives Its Industrial Metals Ecosystem
What? I don’t believe it. How are they supposed to be an economic powerhouse when they can’t even continuously ramp up the cost of delivering power? What about the profits??? Think of the shareholders!!!
Oh there’s profits and shareholders.
Last I check they still have the Marxist Lenninist stockmarket no?
Renewable energy is the competive advantage that keeps on giving, especially when fossil energy prices start spiking.
There is no comparison at any level
If you are interested, please read https://hive.blog/hive-167922/@cryptoandcoffee/china-invested-1-trillion-on-renewable-energy-last-year-dqc
Drill baby drill! Clean coal! Bob Dole!
What the hell are we even doing?
