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by mullingitover
86 days ago
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This assumes that there isn't profound demand destruction caused by the stratospheric energy prices. Fossil fuels were already an inferior energy source when oil was $60/barrel. Electrification has been moving fast and accelerating, even at the pre-energy crisis prices. Now? Current events are likely to take fossil fuels out back and give 'em the Old Yeller treatment with surprising speed. |
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So, how many billions of newly printed debt is Trump willing to throw at the problem to keep those subsidies up so that he can be sheltered from the scary windmills?