> That's most likely too drastic, leading to a massive immediate economic crash.
I have heard this argument before but not much evidence to support it. There was identical arguments here where I live when they decided to phase out nuclear, and in fairness to the politicians back then, it did not cause an immediate economic crash. Just stopping the production of new plants and letting existing plants operate until they reach their expected operation life time span works pretty well. The energy markets adapts and there are instead an renewed interest to invest as people know that in the future there will be a vacant spot in the market when those plants get decommissioned. Some even argued that it caused stability in the energy market.
The major problem right now is that for the last 10 years, for every extra 1 WGh of new renewable being consumed the fossil based energy also expand by 10 WGh. Looking at world politics and right now there is a lot of focus on expanding fossil fuel extracting and exporting, especially for natural gas. In the EU there are military right now being mobilized because of interest to drill for more natural gas. Investment into new fossil fuel infrastructure has not slowed down but is rather picking up speed.
Massive society-wide decarbonization program where we turn existing fossil fuel plant into carbonfree alternatives are needed, but we should stop people from furthering investing into fossil fuels when there exist a purpose serving alternative. I don't see any good reason to wait.
I have heard this argument before but not much evidence to support it. There was identical arguments here where I live when they decided to phase out nuclear, and in fairness to the politicians back then, it did not cause an immediate economic crash. Just stopping the production of new plants and letting existing plants operate until they reach their expected operation life time span works pretty well. The energy markets adapts and there are instead an renewed interest to invest as people know that in the future there will be a vacant spot in the market when those plants get decommissioned. Some even argued that it caused stability in the energy market.
The major problem right now is that for the last 10 years, for every extra 1 WGh of new renewable being consumed the fossil based energy also expand by 10 WGh. Looking at world politics and right now there is a lot of focus on expanding fossil fuel extracting and exporting, especially for natural gas. In the EU there are military right now being mobilized because of interest to drill for more natural gas. Investment into new fossil fuel infrastructure has not slowed down but is rather picking up speed.
Massive society-wide decarbonization program where we turn existing fossil fuel plant into carbonfree alternatives are needed, but we should stop people from furthering investing into fossil fuels when there exist a purpose serving alternative. I don't see any good reason to wait.