Vern Scott
Oct 7, 2023

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I just read an article from Scientific American giving an update on renewables. Though they are growing at a rate of 10% per year, it is said that they need to grow at 3x that rate to meet Paris Climate goals (the transition from fossil fuel burning to electrification will create huge demands).

The big news is that renewables are getting cheap. Investors are making $$ off of them, so they will survive Trump etc. This will create a paradigm change as oil producing Nations will be less relevant (and lack of demand may drop oil prices, temporarily increasing usage). Most projections have us using maybe 20% fossil fuels by 2050, but I suppose we need to learn to either a) carbon capture it or b) heavily tax

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Vern Scott
Vern Scott

Written by Vern Scott

Scott lives in the SF Bay Area and writes confidently about Engineering, History, Politics, and Health

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