Quote from neophyte321:
As for the people who suggest that "if it could be happening, then we should act like it is happening" .... I won't dignify. The markets will prevail in delivering more efficient energy sources, not some group of lunatic politicians.
Completely agree, everyone seems to forget about the supply side of things.
The amount of fossil fuels in the world is finite, look at it from any angle, long term we will burn it all, does it really matter if we do it in 150 or 170 years?
The faster we burn fossil fuels the faster the price of oil increases, the faster renewable energy is developed. Itâs really simple.
Today energy is heavily taxed, especially in Europe. Try to imagine this was never done. The development of renewable energy would have gotten a lot further, cars would have been more fuel efficient etc..
To tax energy is like putting 30% in cash and 70% in the stock market, instead of 100% in the stock market. It sure feels safer short term, but long term it damage growth.
The wheels of capitalism must spin faster and faster, itâs the only solution.