I have always suspected that the transition away from fossil fuels to renewables like wind and solar could happen very quickly, once a critical price juncture is passed. Solar and wind are currently cheaper than oil and gas and the recent price spikes in oil and gas make an even better case for renewables. Nobody ever buys the more expensive option. I’ve never heard a legitimate argument for a slow transition away from oil and gas. I wonder how gradual the transition was from whale oil to petroleum for lamps in the 1800s? We are really fortunate that cheap alternates to fossil fuels have come along just as climate change is becoming a serious problem. If only we could get our tax dollars to stop subsidizing this dying industry.
Day: October 29, 2021
An old friend just launched his company. Going to have to check this out.