Re:Asset-Level Transition Risk in the Global Coal, Oil, and ...
by AtlasBarfed on Sunday July 03, 2022 @09:44PM
(#31972651)
Financing will cliffdive I would guess, since I would also guess that investing in oil is a 10-year payoff or similar scale. In ten years solar/wind/EV might be half the cost of gas turbine / ICE.
We should probably increase the national supply and use that to smooth the kinks.
And it pains me a diehard environmentalist, but we should probably subsidize the shale/fracking oil industry in North Dakota and other places to ease the transition as well.
We should probably increase the national supply and use that to smooth the kinks.
And it pains me a diehard environmentalist, but we should probably subsidize the shale/fracking oil industry in North Dakota and other places to ease the transition as well.