So doable if all energy growth going forward is clean?
One single company producing steel in Australia uses something like 3-5% of the entire state’s energy so consumption at scale doesn’t seem unreasonable
If this was the only limit (its not), and you were willing to dump large parts of economic output into something which isnt turning a profit. Those are really big issues
So doable if all energy growth going forward is clean?
One single company producing steel in Australia uses something like 3-5% of the entire state’s energy so consumption at scale doesn’t seem unreasonable
If this was the only limit (its not), and you were willing to dump large parts of economic output into something which isnt turning a profit. Those are really big issues
Can you define economic output
How about total cost of all goods and services. Pretty standard GDP way.
So break all the windows in your neighborhood and the GDP goes up?
Sounds like a good way to stimulate significant parts of the economy, infrastructure-like projects generally do
Its a lot cheaper and broader to avoid burning fossil fuels in the first place.
Is it actually cheaper? If so should be easy to subsidise the greener options
Yes. By a lot. In almost all applications.
The problem is that the fossil fuels industry holds a lot of political power and uses it to block shifting off fossil fuels