Yes, we need to get off of oil and gas
Yes, we don't need subsidies.
But wait for the war to be over and we know Germany won't be freezing, please.
Yes, we need to get off of oil and gas
Yes, we don't need subsidies.
But wait for the war to be over and we know Germany won't be freezing, please.
Do the hard parts first. (The alternative only ends up making things worse for the average person)
As electrification happens demand for oil will drop and oil will get cheaper. In a world without externalities this would lead to a state of having a mix of both.
But we need oil to go away entirely. Price won't do that unless green tech is so crazy cheap that it makes oil literally not worth pulling out of the ground. I don't see it happening.
Or --- I could see it happening, but that's only after most wells run dry - if that happens we have failed to prevent global warming.
To get rid of oil we just:
* Have the tech that allows it.
* Tax the crap out of oil so that it is forced to maintain a certain price.
* Let the market squeeze oil out. The oil will be cheap, but taxes will make it not worth anything.
And there are many incentives to electrify. Including government subsidies, the fact that green tech is already often cheaper than oil, and the fact that oil is an unreliable resource.
Right now? We need gas to run our society. It's OK to take steps to keep it going so long as we also take steps to ensure we can stop the tap when it's time.
Look at California which has banned new gasoline cars in 2035, banned new natural gas hookups, and also told people to reduce electrical usage and not charge their cars!
The 2035 ban doesn't change the present either way and Cali has a ton of time to beef up its power grid in the meantime.
>Yes, we don't need subsidies.
>But wait for the war to be over and we know Germany won't be freezing, please.
If we're going to subsidize energy production until the war is over, might as well put all those subsidies into renewable energy that will further reduce Russia's global influence.
Long term, 100 percent. We need renewables and we should be Manhattan projecting fusion, energy storage, and transport lines.
But until we have breakthroughs, we are stuck with brown energy.
For those doubting/disputing this - it was over 50% in q1 2022 https://www.cleanenergywire.org/news/renewables-cover-50-ger...
https://www.cbsnews.com/news/oil-companies-record-profits-20...
No idea how the math works out. It may be that the subsidies may be totally excessive.
I'm skeptical the layman's perspective on this is actually accurate. The reasoning presented screams "arguments made in bad faith by activists" to me. Stuff that seems super reasonable but breaks apart once you understand in depth.
What long-term projects are you imagining oil and gas to start investing in now? To hit 2030 / 2050 emission goals, we can't afford to invest in new long term oil and gas projects.
>I'm skeptical the layman's perspective on this is actually accurate. The reasoning presented screams "arguments made in bad faith by activists" to me. Stuff that seems super reasonable but breaks apart once you understand in depth.
Here are a couple of resources on how much these subsidies work out to be:
[0]: https://www.theguardian.com/environment/2021/oct/06/fossil-f...
[1]: https://www.imf.org/en/Publications/WP/Issues/2021/09/23/Sti...
It seems like for it to even have a chance we need to go big on fission fow now.
Lets do that instead of sucking yet more oil/gas out of the ground.
I have no idea what the situation is with availability of insulation contractors and supplies, but I'm guessing years? Certainly won't be possible by this winter.
You might get 50% on a leaky barn with zero insulation, but how many homes in Europe are like that?
(Note I'm not saying not to do this - certainly do this, just have proper expectations.)
Such properties are common over Europe; especially in properties built before the 1980s (which thank to the rebuild after WW2 are a decent percentage of all building stock).
Overall you'll maybe cut gas usage by 20% in 2-3 of years by insulating those buildings, building out renewable electricity with storage and incentivising heat pumps (which reduce/remove gas usage of resident-owned properties where they are viable).
Add-on insulation can help but it’s much harder and not as great.
I'll note that it's not always worth it to further insulate or replace functional though inefficient equipment. For example my apartment has an electric bill of about $50 a month, half of that is a fixed infrastructure cost. Even if I could bring my electric use to zero, it could at best save $25 a month. Replacing my AC with a more modern one could probably at best save $5 a month of that, taking many years to pay off even if you pay nothing for labor.