this post was submitted on 08 Dec 2024
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The problem is that something like this, on such a large scale, has never been done before.
Stopping anyone from doing anything that gives them power, wealth, comfort is an extremely difficult task, let alone asking that of the ultra-rich. Even more so because it runs contrary the very nature of a capitalist economy.
Once renewable energy becomes nearly as good, all that will be needed is a combination of laws, regulations, activism to nudge the collective in the right decision.
Renewable energy is already cheaper than fossils. It's already cheaper to build a solar farm than a fossil mine and power plant that produce the same energy.
But, if you charge the people more money for the fossils, then you can make a bigger profit margin even if you're wasting all that money. And the profit is even bigger if you get the government to eat the expense of building those mines and plants and subsidize fuel prices.
So the most profitable thing you can do is choose the least efficient method to generate power, complain to the government that you need subsidies to compete, and gouge customers on the prices. Capitalism!
No better way to steal money than free enterprise.