Quote:
Originally Posted by PeteMoss
Why would you do that though? You'd want to incentivize use of this and other non-carbon energy sources - unless you assume this is going to immediately be cheaper then other sources.
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You'd still keep the carbon taxes in place to keep the pressure/incentives to shift behaviours.
To me the migration pathway looks like this:
1. Eliminate coal in favour of natural gas.
2. Continue to deploy geographically diverse renewables + storage.
3. SMRs + electrolyzers to produce hydrogen. Hydrogen is probably the best fuel to replace diesel for long haul trucking.
4. Fusion reactors.
It is important to understand that the energy transition won't end at the elimination of carbon. There will be an even greater push to remove hydroelectric dams to restore fish habitat. Landowners will push to have wind turbines decommissioned.
Basically any energy producing asset that has any environmental impact whatsoever would become a candidate for removal.