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by toomuchtodo 1452 days ago
China generates more power from renewables than Europe. Europe has finally gotten some will to get off gas because Putin forced their hand. The US could get their shit together: 80% of US coal plants are uneconomical to continue to run versus firm renewables, EVs are 3-5 times cheaper per mile to operate than a combustion vehicle. $40 trillion dollars of investment capital, greater than the GDP of the US, has divested from fossil fuels. A majority of Americans believe in climate change and support strong government efforts to mitigate it (my citations from another thread below).

But, you’ve got this coalition of entrenched interests and corrupt politicians who are fighting it. So the death gasps continue. Kudos to capitalism in this regard, it will accelerate the transition regardless as renewables and electric mobility learning curves bend adoption and deployment curves closer to vertical.

https://archive.ph/2022.06.30-103521/https://www.bloomberg.c...

https://ember-climate.org/insights/research/eu-slashes-fossi...

https://insight.factset.com/strong-ev-sales-could-soon-weigh...

https://news.ycombinator.com/item?id=31960997

https://news.ycombinator.com/item?id=31961227