• laverabe@lemmy.worldOP
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    7 months ago

    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.