Also notable that this growth was hugely market-driven, in spite of what the conservatives will claim about how it’s all communism. The renewables are just so cheap. Even with subsidies taken out of the equation, solar clobbers any fossil fuel and wind is competitive. Coal is crazy expensive. Natural gas is barely neutral. Sure, there are some (vastly overstated) intermittency issues with wind and solar (especially if one is pursued without the other since the wind typically blows when the sun doesn’t shine) but the technology and policy to address that is progressing rapidly.
The shrewd investor should already be ditching fossils, not doubling down on them. LNG exports make absolutely no market sense; they are just a handout to big business that ALSO will destroy the planet.
The far bigger deal is getting the governments of the world to STOP doing incentives for already-profitable fossil companies. Stop giving them cheap/free permits. Stop letting them get away with not mitigating their pollution. Stop giving them tax breaks. Stop treating them favorably on the grid. Stop giving more pork to these useless, evil fucks.uture.
Also notable that this growth was hugely market-driven, in spite of what the conservatives will claim about how it’s all communism. The renewables are just so cheap. Even with subsidies taken out of the equation, solar clobbers any fossil fuel and wind is competitive. Coal is crazy expensive. Natural gas is barely neutral. Sure, there are some (vastly overstated) intermittency issues with wind and solar (especially if one is pursued without the other since the wind typically blows when the sun doesn’t shine) but the technology and policy to address that is progressing rapidly.
The shrewd investor should already be ditching fossils, not doubling down on them. LNG exports make absolutely no market sense; they are just a handout to big business that ALSO will destroy the planet.
The far bigger deal is getting the governments of the world to STOP doing incentives for already-profitable fossil companies. Stop giving them cheap/free permits. Stop letting them get away with not mitigating their pollution. Stop giving them tax breaks. Stop treating them favorably on the grid. Stop giving more pork to these useless, evil fucks.uture.