| > you're not going to contest the idea that we're running out of oil Why would I? Everyone knows this. It’s just not a catastrophe for America. > few hours ago you referenced a link [0] showing that China has electricity prices sitting at half the US's. India too How did you misread “China pays more for power than American industry” as China pays less?! Look at the national price for business in China. Now look at our states’ industrial prices. Lots of variation, because e.g. New York has different policy preferences than Texas. > US has lost access to a cheap form of energy and is likely going to be forced to rely on electricity going forward. I put it to you that it is by no means certain that the US market is going to be in a position where it can sustain even relative out-performance This is a real argument. Thank you. I agree it’s uncertain. The point, however, is that this won’t happen to America in a vacuum. And as it happens, it hurts others worse and first. I’d also challenge the assumption that we’re out of cheap energy [1], but that’s a separate discussion. My point is that in a world running out of oil, nobody is better positioned than America, with its domestic reserves, co-located industry and cheap electricity. > cheap you can't afford to use it You really can’t think of another reason we won’t use our fossil fuels? Hint: it’s the same reason Chinese and Indian power prices are anomalously close to America’s. [1] https://en.m.wikipedia.org/wiki/Cost_of_electricity_by_sourc... |
I don't see individual states.
> You really can’t think of another reason we won’t use our fossil fuels?
The price rockets upwards and people start using less of the stuff. There are a lot of possible explanations beyond that, but it is safe to assume the obvious one that is most likely.
I'm sure you already know about https://en.wikipedia.org/wiki/Jevons_paradox but I'll link to it anyway.