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@cjd @Monadnock
Good on them. Their customers are the ones burning the fuels, so those are the ones to "motivate" with increased costs--if one doesn't care that in the short and medium term, those costs will be passed on as rapid price increases that will spike inflation. (And note that working citizens are already angry about prices zooming and wages stagnating.)
If we want to switch to renewable, low-CO2 energy, those costs have to fall on the utility companies and industrial users (and importers) who actually generate the CO2. They haven't switched yet because of the costs, but also because thus far, of low-CO2 generation methods, only nuclear and dams on rivers produce large quantities of power dependably, and we've already dammed up too many rivers. Plus, actual switching is a several years long process and expensive. No one wants to face the stock price hit and boardroom challenges that will come from abandoning usable equipment in mid-life.
@YoungBlood
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Europe is doing that too, and unsurprisingly Qatar is responding exactly in that way.