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A comment on Pope Francis and Other Christian Leaders Are Calling for Bold Climate Action. Parent comment
I think this is the consistent empirical fact. People say and think they act in the public interest, but in reality they follow incentives.
This could in theory be fixed with Carbon Taxes, but they turn out to be politically impossible in most places.
So I think the only path is developing new technology that is cheaper and better per kWh. Solar and battery tech is coming along quite well.
> New coal plants aren't built (mostly)
China is building new coal plants at a furious pace:
https://www.reuters.com/article/us-china-coal/chinas-new-coa...
"Including decommissions, China’s coal-fired fleet capacity rose by a net 29.8 GW in 2020, even as the rest of the world made cuts of 17.2 GW"
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I think this is the consistent empirical fact. People say and think they act in the public interest, but in reality they follow incentives.
This could in theory be fixed with Carbon Taxes, but they turn out to be politically impossible in most places.
So I think the only path is developing new technology that is cheaper and better per kWh. Solar and battery tech is coming along quite well.
> New coal plants aren't built (mostly)
China is building new coal plants at a furious pace:
https://www.reuters.com/article/us-china-coal/chinas-new-coa...
"Including decommissions, China’s coal-fired fleet capacity rose by a net 29.8 GW in 2020, even as the rest of the world made cuts of 17.2 GW"