this post was submitted on 15 May 2024

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More than 30% of world’s electricity now comes from renewables, report reveals (www.euronews.com)

submitted 6 months ago by nekandro@lemmy.ml to c/worldnews@lemmy.ml

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[–] Cryophilia@lemmy.world 0 points 4 months ago

Capitalism is helping destroy fossil fuels. Solar and hydro electricity is cheaper than fossil fuels.

Government subsidies - interference with he capitalist market - are propping up the oil industry (and the meat industry, while we're at it).

Properly regulated capitalism is perfectly capable of fixing the climate crisis. Ecology and capitalism work together when going green is cheaper than using fossil fuels.