Quote:
Originally Posted by RichieRich
as oil prices increase, energy alternatives also start to look more attractive and thereby get more funding resulting in better technology. So yes I agree... hydrocarbon based pricing can and should naturally be allowed to increase as it basically helps just about all ESG groups. Just not our wallets.
Sadly... all this "green" and so-called renewable-energy stuff, particularly here in Canada, does NOT seem to include conversations around what it will cost the average consumer, and also very significantly - what are the environmental and lifecycle costs for the extraction, manufacture, install, operation, and demolition? Perhaps, quite simply, hydrocarbons may just be one of the best readily available sources of energy (I'm not including new nuclear because that seems to take a decade+ here in North America).
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So we just give up then? Let the planet go to 3 or 4 degrees?
The whole point here is quite simply that:
cutting GHG>>>>>>>>>economy>ESG. If it's too expensive, then let's figure out how to do it cheaper, not give up.
As for the overblown environmental and lifecycle costs of renewable energy, they are less than hydrocarbon extraction so I'm not sure that's an argument