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by londons_explore
1344 days ago
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> less for some (like oil and gas) If worldwide carbon caps and tariffs become a thing, the oil and gas in the ground suddenly becomes nearly worthless if you can't use it. Whereas China has a huge amount of not-good-for-much desert and mountains which could become a solar powerhouse. |
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It may be worth less, but it won't be worthless. I have a hard time seeing another fuel source for long distance aviation (although we may move to synthesized fuel in the future).
Companies will also need feedstock for plastics - that use won't be affected by carbon caps at all.