What I think will end up happening is a lot of fracking and a simultaneous growth of renewables. There's money to be made in both, but renewables aren't limited by finite resources, so they're the future while the oil companies squeeze as much fossil fuel (read: money) out of the earth as they can in the meantime.
this post was submitted on 11 Nov 2024
27 points (93.5% liked)
Climate - truthful information about climate, related activism and politics.
5288 readers
957 users here now
Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.
As a starting point, the burning of fossil fuels, and to a lesser extent deforestation and release of methane are responsible for the warming in recent decades:
How much each change to the atmosphere has warmed the world:
Recommended actions to cut greenhouse gas emissions in the near future:
Anti-science, inactivism, and unsupported conspiracy theories are not ok here.
founded 1 year ago
MODERATORS
Luckily the finances have got a point where renewables are a no brainer. Hopefully they'd struggle to stop them if they wanted to. The big fossil fuel companies would be stupid not to invest in both.
How do you think we turn the unlimited source of energy into power? With rare resources!
For now. That's not guaranteed to always be so, but we already know the hard limitations of fossil fuels.
We need to reduce our consumption, but no one wants to discuss the hard stuff.
The sound of heads gullibly and gloriously shoved in the sand is deafening for anybody not having their ears full of sand.
There is a very strong likelihood that Trump will force interest rates down mostly as part of his destructive policies, but also influence over Fed. Low interest rates is a huge boost for renewables, because costs are almost entirely upfront. A lower target ROI still supports maximum leverage ratio, and lower energy sales prices to achieve the ROI.