And yeah, the massive subsidies they've received by not having to pay for polluting the air, as well as being major contributors to climate change.
And yeah, the massive subsidies they've received by not having to pay for polluting the air, as well as being major contributors to climate change.
Very true, but also kind of the point. Those subsidies still exist -- we still have to do work to get rid of them, and in the meantime replacing fossil fuels with non-carbon sources is at best slower and at worst plateaus entirely.
Moreover, this is the same charge leveled at nuclear. Opponents claim that it's more expensive without exploring why it's more expensive -- and a big part of the reason is because we don't price carbon and then subsidize fossil fuels on top of that. Fix that and all the non-carbon sources become more competitive.
But we can't just sensibly conclude that's what needs to be done and then pack up and go home. We've got to actually make it happen first.
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