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by pjerem
1711 days ago
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That's exactly the point of creating a CO2e tax : making cleaner energies more cost effective by subsidizing them. Renewable energies are cheap (they are basically "free"). Deploying them is expensive. But you only have to subsidize the cost of deployment and after that it's cheaper for everyone. It's the same thing with insulation : it's expensive, but once it's done correctly, you can basically heat your entire house with only the sun (if it's there) or really low energy consumption. We're just missing the political will. The transition is possible and would create jobs for the decades to come. |
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That just sounds like a half-truth, otherwise people wouldn't always be so impassioned about subsidising renewable. They'd jest buy land and build honking great renewable plants.
Now the situation may have changed in the last decade or so, because the growth in renewables is very real. But it takes no political will to deploy cheap energy. There would be queues of bankers trying to invest if they thought they could undercut market producers and make good returns. Every greedy person on the planet (so somewhere in the region of 8 billion of them) would be happy to get in on the deal.