The Two Faces of Fossil Fuel Consumption

Here’s an interesting article that analyses the schizophrenic nature of our society.  We know that climate change is caused in large measure by the consumption of fossil fuels, but we spend $200 billion per year subsidizing them.  Spoiler alert: The article doesn’t suggest a good reason that we’re doing this, because there is none.

In a world where money is everything, we can’t expect any changes that damage the interests of the largest and most powerful industry in the history of humankind.  Fortunately, help is on its way, in the form of cheap wind, cheap solar, cheap storage, etc.  Soon, the big money people in the traditional energy space will have been beaten at their own game, as described in detail in Bullish on Renewable Energy.