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Comment by ErigmolCt

2 days ago

Solar and wind are booming, but fossil fuels aren't shrinking nearly as fast in absolute terms

There's an article a while ago about the solar boom in a poor country that had unreliable electricity network. The result was, solar wasn't treated as a replacement, but as a new source of energy, which enabled them to do more industrious things. Of course that doesn't help with the carbon budget...

Countries are placing their bets. Fossil fuels will be a massive waste of investment in a decade. Anyone who can extrapolate a graph sees where this is headed.

Usually old energy sources don't go away until there's an economic contraction of some sort.