AFAIK, this one isn’t true. CO2 emissions aren’t going down. We’re not getting a word with renewables instead of fossil fuels. We’re getting a world with both of them used in abundance.
But the economics are clear: if renewables stay cheaper than fossil fuels (and there’s no reason to think they won’t), governments will make the switch anyway.
AFAIK, this one isn’t true. CO2 emissions aren’t going down. We’re not getting a word with renewables instead of fossil fuels. We’re getting a world with both of them used in abundance.
But the economics are clear: if renewables stay cheaper than fossil fuels (and there’s no reason to think they won’t), governments will make the switch anyway.
Water power was cheaper than coal, yet Britain industrialized on coal power.