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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (1329851)11/21/2021 9:48:14 PM
From: Winfastorlose9 Recommendations

Recommended By
bjzimmy
Cogito Ergo Sum
FJB
IC720
isopatch

and 4 more members

  Read Replies (4) | Respond to of 1570836
 
When The Costs Hit Home, Nobody Will Give Up Fossil Fuels

With tens of trillions of dollars at stake in the world economy, let alone the majority of humanity at risk of energy poverty, you would think that we would be far down the road toward detailed engineering studies of what the decarbonized energy world will look like and exactly how much it will cost. But it is exactly the opposite. Everywhere — or at least everywhere in the Western countries — government functionaries with degrees in English or Political Science (or maybe Gender Studies) issue edicts that carbon emissions will be reduced “50% by 2030” or “90% by 2050,” without any knowledge or understanding of how that may be accomplished.

So, as the costs of attempting to “transition” away from fossil fuels start to hit home, will anybody actually go through with the project? I think that the chance of that is about zero. China and India show how it works. To judge by their actions (rather than their words), they have long since figured out that solar and wind energy can’t succeed in running a modern economy, so they mouth empty platitudes to placate the Western zealots, make unenforceable promises that only come due after everyone is dead, and forge ahead with massive development of coal power. And even more telling are recent developments in Western jurisdictions. When the first hint arrives that fossil fuel restrictions are going to impose cost increases large enough for meaningful numbers of voters to notice, even the bluest of blue U.S. states take about three minutes to abandon their “decarbonization” promises.