Submitted by altmorty t3_124zxmk in technology
milery t1_je3elou wrote
How is it 2023, and this only just happened?
Internal-Test-8015 t1_je3mux2 wrote
Because the people in charge of coal, gas, and oil companies don't want this type of stuff to take over because then they'll all be out of lots money.
trevize1138 t1_je58eal wrote
I know people like to say "EVs won't do much to curb climate change" but the rise of renewables owes a lot to the rise of EVs. Tech advances in batteries and a major ramp up in battery production and supply is a major ripple effect. It's like how oil's dominance as an energy source helped create products like polymers and all variety of synthetic products.
I dare say we would not have such a dramatic rise in renewable energy without the corresponding rise in EVs. That put it over the top from "I guess this is what we have to do but we won't like it" to "holy crap! I gotta get in on the ground floor of this renewable gold rush."
downonthesecond t1_je5r9f5 wrote
You think they would have enough knowledge and money to invest in renewable energy and compete with other companies.
Internal-Test-8015 t1_je6308s wrote
I'm sure they do but their idea is to milk what money they can make from those resources until there's very little or none left.
danielravennest t1_je6u3o2 wrote
Because these things take time. For example, over the last 12 years, solar and wind have been squeezing out coal and gas as far as new power plants. But there were already a lot of old power plants, and not all of them have been shut down yet.
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