are they? If you add their utility and total negative externalities they are essentially un-useful. We have the technology now to phase them out over the next 10-20 years. All that is lacking is the political will.
read the article. The writer isn’t advocating to ban them now, no one is. The title isn’t Why don’t we ban fossil fuels now.
The point of the article is that we can try to innovate alongside fossil fuels with renewables, but petro companies are actually finding new efficiencies and reducing the costs of oil extraction. The IMF predicts $15/barrel oil by 2050. Oil will take another century to go away unless it is “banned”. No one means they’re going to make it illegal, but to effectively put a heavy hand of regulation on industry to cease fossil operations and to switch to renewables.
Answer: They are far too useful.
are they? If you add their utility and total negative externalities they are essentially un-useful. We have the technology now to phase them out over the next 10-20 years. All that is lacking is the political will.
Now != 10-20 years, when power outages are solved, then we can talk.
read the article. The writer isn’t advocating to ban them now, no one is. The title isn’t Why don’t we ban fossil fuels now.
The point of the article is that we can try to innovate alongside fossil fuels with renewables, but petro companies are actually finding new efficiencies and reducing the costs of oil extraction. The IMF predicts $15/barrel oil by 2050. Oil will take another century to go away unless it is “banned”. No one means they’re going to make it illegal, but to effectively put a heavy hand of regulation on industry to cease fossil operations and to switch to renewables.
The article is paywalled.
The non-paywalled link is at the top of the thread.