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kadmylos t1_jczioo7 wrote

Reply to comment by altmorty in UN climate report: Scientists release 'survival guide' to avert climate disaster by filosoful

The vaccine was a pro-market solution. We gave money to companies to help them make more money. That's why it worked. How is it possible to do the same with fossil fuels?

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silvusx t1_jczu90z wrote

Fossil fuel become too scarce and expensive will shift the change. When the gas price was high, people were finding ways to reduce gss consumption. Apps like GasBuddy have more users. Google map started implementing fuel saving routes.

The problem is, it'll prob be too late if we wait for the gas reserve to dry up. Goverment subsidized people to trade their gas guzzler cars for a electric car would be a start.

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Lightning6475 t1_jd0fada wrote

By making renewable more profitable. The price of solar and wind has gone way down this past decade. EV prices are coming down too and will be around the same price as a regular ICE car.

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kadmylos t1_jd21shv wrote

But being more profitable doesn't mean that there won't still be a niche for the less profitable commodity. As long as there's money in the ground, someone will figure out a way to dig it up and burn it.

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Lightning6475 t1_jd2q7jv wrote

If it cost more to dig up the ground for oil, than they’re not making a max profit and that’s just a bad investment

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