"I hate to tell you this but fossil fuels with all of their massive environmental problems are increasingly being priced out of business."
I hate to tell you this, but a high oil price is not a problem, it’s the solution.
When fossil fuels get expensive, that’s the market sending a signal: find alternatives.
Expensive oil makes electric vehicles, renewables, storage, and efficiency upgrades more competitive without government subsidies.
If oil is cheap, people stick with it.
If oil is expensive, people accelerate their switch to electricity, solar, nuclear, hydrogen, and better batteries.
So rather than fossil fuels being “priced out of business” by regulation alone, the real transition happens when oil prices stay high enough that clean alternatives become the obvious economic choice.
High oil isn’t a failure, it’s the fastest driver of the electric transition.
$100 oil is the push...
I realize these concepts might be hard for you to understand, comprehend, let alone grasp... |