Millions of Cubans plunged into darkness as fuel crisis deepens (www.bbc.com)
from Vowlou@lemmy.world to world@lemmy.world on 05 Mar 12:31
https://lemmy.world/post/43878945

#world

threaded - newest

givesomefucks@lemmy.world on 05 Mar 12:39 collapse

Silver Lining:

Even if renewables are more expensive for small countries, this is going to make them prioritize it over fossil fuels.

Every country on the planet is going to be incentizied to be energy independent, and renewables are the only way small countries can do that.

Which is going to crash the price of fossil fuel exports, which is the only way to actually cut production down globally.

Exports down means domestic prices rise, so even producer countries would start moving more to renewables.

Gonna absolutely blow for gas prices though. But that means if the next president yanks gas subsidies at the pump, it could be the final blow to gas powered American vehicles.

If it’s $5 at the pump, no one is buying new gas cars.