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Let's All Thank Donald Trump For Speeding Up The Clean Energy Transition. He'll HATE That!
https://www.wonkette.com/p/lets-all-thank-donald-trump-for-speedingDoktor Zoom
Be sure to remind him every chance you get.
Donald Trump's stupid Iran war keeps causing gasoline prices to go up, with US prices averaging $4.54 per gallon at the moment I wrote this, although it's more like $5.50 in Chicago, per Robyn. Prices are up 24 cents from last week, 41 cents over last month's average, and a buck-forty from last year. Diesel fuel, which has a direct impact on the costs of everything that gets trucked anywhere, averaged $5.64 this week, too. And don't even get us started on the price of jet fuel, which is why my personal Gulfstream jet is grounded, along with the fact that I don't have one.
As I've mentioned, I have to look up those prices, because it costs pretty much the same to charge my electric car today as it did before the war, although the local utility is seeking a three percent rate increase starting in June. I say this not to gloat, at least not only to gloat, but because one of the great things about clean energy is that in general, its costs aren't as variable as fossil fuels, and not subject to sudden supply disruptions by idiot dictator-wannabees.
In a not-unrelated development, Trump's dumb war appears to be accelerating the rest of the world's transition to clean energy and electrification of buildings and transportation, as Paul Krugman points out (among many others this week). Investors are "piling into clean energy funds," the Financial Times tells us just above its paywall. Even beyond the disruptions to the 20 percent of oil that travels through the Strait of Hormuz, Krugman points out, Trump's erratic moods are even making our own economic partners leery of buying US oil and gas exports.
In defiance of Trump's war on renewable energy, the booming transition from fossil fuels to electrotech -- clean power generation and more stuff that runs on electricity -- will be
The world is switching over to clean power, finally, not primarily for the sake of stopping global warming, though that’s kind of necessary, but primarily because it makes the most economic and political sense. It’s more stable and cheaper, hooray!
As I've mentioned, I have to look up those prices, because it costs pretty much the same to charge my electric car today as it did before the war, although the local utility is seeking a three percent rate increase starting in June. I say this not to gloat, at least not only to gloat, but because one of the great things about clean energy is that in general, its costs aren't as variable as fossil fuels, and not subject to sudden supply disruptions by idiot dictator-wannabees.
In a not-unrelated development, Trump's dumb war appears to be accelerating the rest of the world's transition to clean energy and electrification of buildings and transportation, as Paul Krugman points out (among many others this week). Investors are "piling into clean energy funds," the Financial Times tells us just above its paywall. Even beyond the disruptions to the 20 percent of oil that travels through the Strait of Hormuz, Krugman points out, Trump's erratic moods are even making our own economic partners leery of buying US oil and gas exports.
In defiance of Trump's war on renewable energy, the booming transition from fossil fuels to electrotech -- clean power generation and more stuff that runs on electricity -- will be
overwhelmingly positive for the world as a whole. It will slow climate change and reduce pollution. It will diminish the power of anti-democratic petrostates and limit the vulnerability of the world economy to disruptions at choke points like Hormuz. It will democratize access to cheap energy sources in places like Africa.
The world is switching over to clean power, finally, not primarily for the sake of stopping global warming, though that’s kind of necessary, but primarily because it makes the most economic and political sense. It’s more stable and cheaper, hooray!
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