Doing economically inviable things is waste. It's pumping resources into something worth less than the sum of its inputs.
Apropos of nothing, see one trillion dollars into datacenters.
Apropos of nothing, see one trillion dollars into datacenters.
Just because something isn’t economically viable today doesn’t mean it never will be. That short term thinking is exactly why China is absolutely decimating the US in renewable energy.
So the oil should be economically unviable but due to poor regulation, they were able to extract it.
We make decisions based on objective reality, not a perfect theory in a lab.