Ideally? Mobilize like WW2 to decarbonize the economy. Quadruple the cost of fossil fuel via taxes and then use those funds to help the lower 60% or so survive by giving money direct to consumers for food, heating, etc. The markets will rapidly adapt as most tech is there, we just misallocate the hand of government spending.
Realistically since what I proposed above is non-viable? Increase the cost of producing fossil fuels through more direct means, of which discussion is banned on most of the public internet.
"Quadruple the cost of fossil fuel via taxes" - It's not what people want to hear, but this type of taxation will have no practical impact on the fossil fuel use of the world. Any fossil fuels produced and not consumed by the west where those tax regimes exist, will be consumed by the developing world. The overall world use of fossil fuels will continue to increase.
Nuclear does have a hope in changing this dynamic. But even then, fossil fuels have powerful advantages that won't be easily overcome any time in the next 10-15 years, at least.
Taxation to reflect the true cost of fossil fuels can (rather should) be redirected towards mega scale (ie matching the scale of oil extraction industry) actual atmospheric carbon capture, both industrial plant based (to create fuels used to reduce deep extraction fuels) and organic plant based (as plants are pretty damn good at pulling down C02) for sequestration.
The goal is to reduce the amount of CO2 going into the atmosphere by whatever means work.
Does not work in a globalised world as the emissions just move to wherever they are not taxed. Now, you could then tax imports but that’s your own populous paying that tax - and you no longer have free trade. Your exports will be uncompetitive due to the tax you levied on their production and any still-polluting trading partners you slapped tariffs on will respond in kind. End result is wholesale destruction of large segments of the economy (reducing your tax receipts which were supposed to support people) and famine in the developing world.
I've seen the fuel or carbon tax pitched with a program where wealthy states directly subsidize the growth of non-carbon-emitting processes (or a low amortized rate, for instance for the concrete and mining and processing of nuclear fuel)—the non-wealthy states can continue to grow at a similar pace while not sacrificing leverage over the wealthy ones. There are many reasons this likely won't happen, but there certainly are solutions for those searching for them.
You don't have to do that explicitly. Tax all products by carbon emissions. Tariff all nations that do not participate in such a program.
You don't have to tax beef explicitly when you tax carbon because beef is carbon intensive and so the tax is implicit.
The problem is that carbon pricing is a political 3rd rail and also has no moat, so it's trivially easy for the a conservative government to pander and throw it out.
It seems impossible at times... creating more green energy just reduces the demand for fossil fuels, making them cheaper for other people to use. Reducing one's impact makes space for more people...basically, more efficiency in one place is immediately counteracted by people using MORE resources.
The only solution would be for humanity to collectively agree to make fossil fuels incredibly expensive GLOBALLY...in some way or another. Whether that's through collective action or something else, I guess time will tell.
That is not really a solution in itself though. As soon as it becomes cheaper, fossil fuel prices will drop due to a drop in demand for them, especially in developing countries. Moreover, more clean energy might mitigate the CO2 problem somewhat but it does not necessarily mitigate our expansion into natural habitats, an expansion that destroys them.
It is simple-minded to think that a single technological breakthrough will suddenly make the problem of climate change go away.
A cheaper alternative energy would reduce usage of fossil fuels even if they became cheaper.
I agree that a single technological breakthrough is unlikely to solve climate change. It will require many. I am simply pointing out that it is incorrect to say that the only solution is a global cartel to make fossil fuels much more expensive.
80 years ago vast swaths of the world sent a generation of their young people off to Europe and Asia to die for the sake of political alliances. Killing all those people was extremely expensive.
"Artificially high" by a factor of maybe 3. We need to look at how to get to a factor of 100 or 1000.
Oil is much, much more valuable in the long term as a material commodity, not a fuel commodity. This can be realized if we bring down the price of power, which is happening, albeit in only part of the globe.
Stop ignoring climate science and stop politicising it unnecessarily, then take steps to move to renewable energy and cut down CO2 emissions from all sources. Figure out how to keep oil money out of public discourse.
And do it all 20 years ago. Like everyone was saying at the time.
I’d say I’m disappointed and disgusted at humanity’s collective failure to act in the face of clear evidence. But I had massively low expectations.
The first thing that I thought of when reading the headline was “more cowbell.” [0]
But in reality the answer is “less cowbell” as bovine emissions are a significant greenhouse gas [1] and cattle ranching in Brasil is linked to deforestation. [2]
It isn't. We can't build anything big and complicated without costs spiraling out of control. You're going to have to fundamentally change our management approach in this country to get cheap nuclear.