Re:Rapid Green Energy Transition Will Likely Result in Trill...
by 01100011 on Saturday September 17, 2022 @04:48PM
(#32881440)
> We get there by a (very likely) short-term increase in current energy production
Right. But right now we're incentivizing the opposite. We're telling fossil fuel companies we don't need them anymore long before we've actually figured out a way to live without them. Do you see the problem yet?
Re:Rapid Green Energy Transition Will Likely Result in Trill...
by bryanlarsen on Saturday September 17, 2022 @07:10PM
(#32882545)
The only signal that matters is the price signal. At $80/bbl, fossil fuel companies are getting a very strong signal that they're needed.
Re:Rapid Green Energy Transition Will Likely Result in Trill...
by 01100011 on Saturday September 17, 2022 @10:38PM
(#32883897)
Sorry, no. $80/bbl is a temporary price and not sufficient to drive infrastructure investments which take upwards of 3 decades to pay back(i.e. refineries). You can't expect private companies to invest in these things when states like CA are talking about banning the sale of IC cars in a decade.
Re:Rapid Green Energy Transition Will Likely Result in Trill...
by ncmncm on Sunday September 18, 2022 @04:50AM
(#32885703)
You contradict yourself. The high prices are temporary because there is still demand. As demand falls off, price falls, and wells too expensive to operate are abandoned. The remaining wells will produce enough.
CA is not banning sale of ICE cars. They are banning sale of new ICE cars.
How did we get the first railroads built? By a combination of horses dragging materials so humans could lay the rail lines and then trains dragging materials as the initial lines were built. There was almost certainly an initial increase in horse power consumption, and then a decline as the new system came online. This isn't a new thing, this is how many replacement transitions that depend on the previous system play out.