Humanity lucked out that solar and wind costs were driven down as rapidly as they were through manufacturing scale. We'd be screwed otherwise ("ie business as usual carbon output estimates").
Somewhat related but unrelated: it's not bad if fracking goes south. It'll drive the price of natural gas up, which will make existing nuclear and existing/new renewables more cost competitive. It'll also drive adoption of energy storage faster. We want natural gas prices to rise, since we're not going to internalize the CO2 emission cost through regulation. This allows for market forces to kick in that are beneficial to climate change mitigation.
Disclaimer: I have brokered one tax equity partnership arrangement for a solar plant rated @ >1MW (Indianapolis suburbs), and have done my research.
Humanity didn't luck out. The Chinese communists invested heavily in solar while the US was wasting money on fracking.
Solar is amazing, but isn’t the be all end all.
No, heat pumps (which take energy; duh) and "weatherizing" are not going to heat houses in Canada or Maine.
I’ve never lived in California.
Hot water is another huge use — it’s really expensive to use electricity for that purpose.
"Heat pump water heaters use electricity to move heat from one place to another instead of generating heat directly. Therefore, they can be two to three times more energy efficient than conventional electric resistance water heaters. To move the heat, heat pumps work like a refrigerator in reverse."
https://www.energy.gov/energysaver/water-heating/heat-pump-w...
Yeah I just put one of those in, mostly because I didn't want to run a gas line. And feel a lot more competent running a 30amp circuit than cutting and sealing a hole in the roof.
Works fine.
Also friend in Florida says she has a heat pump with an air handler. It produces heat in the winter and cooling in the summer.
Not the end of the world.
Heat pumps aren’t sufficient in the northeast without a substantial ($50k+) investment in a ground loop. Many homes require significant retrofit to even use one.
PUHZ-SHW112YAA Guaranteed operating range (outdoor): Heating: -28 to +21 Domestic hot water: -28 to +35
On page 108 you can find the actual co-efficient of performance (COP) for different outside temperatures and inside water heating temperatures. As an example: at -10 and an water temperature for heating at 25 you still get a COP of 3+ (which are the average low temperatures in Maine). That means that 100% electricity moves 300% of heat into your house.
Considering global warming, not natural gas or fuel oil.
Mind you, some of these graphs are four years old. So we are really doing a lot better.
[1] https://bjelkeman.wordpress.com/2014/12/10/sustainable-energ...
[2] https://bjelkeman.wordpress.com/2014/12/14/sustainable-energ...
They also called for a plan to retrofit existing housing.
https://www.newscientist.com/article/2194603-ban-gas-boilers...
https://www.theccc.org.uk/publication/uk-housing-fit-for-the...
At the same time the US spent a $1T on fracking. And a couple of $T on pointless wars.
Citation? I suspect this a grossly over stated figure.
Edit: formatting
All the green energy we've added so far is only in addition to burning fossil fuels, it hasn't replaced any yet.