Great video. Completely breaks down the argument. You already knew this of you had been paying attention. Oil/gas for electricity generation in any form is DOA. It is insanely more expensive than solar + battery.

Not to mention destructive to the environment and politically fraught with issues.

To think if our government went all in it could provide dirt cheap limitless energy that would not cause lung disease or wars is staggering.

[–] muusemuuse@sh.itjust.works 11 points 4 hours ago (1 children)

But the rich would be only 0.987 as wealthy

[–] gandalf_der_12te@discuss.tchncs.de 3 points 3 hours ago (1 children)

they'd probably be more wealthy from their heavy investments in renewable energy, which is more profitable than fossil fuels btw

[–] untorquer@lemmy.world 3 points 2 hours ago (2 children)

Wondering now if paradoxically accelerating global warming increases stock ROI in renewables as the perceived value of renewable energy increases with the perceived/predicted level of global warming.

[–] gandalf_der_12te@discuss.tchncs.de 1 points 2 hours ago

i don't think they're that far-sighted though it's probably a neat side-effect to them

[–] WorldsDumbestMan@lemmy.today 1 points 2 hours ago (1 children)

No, they are just after power, not money. They have a darwinist ideology to push.

[–] untorquer@lemmy.world 3 points 2 hours ago* (last edited 2 hours ago)

It's capitalism, power is wealth by definition. These are compatible concepts.

By perceived value i mean speculation.