No way it will be cheaper - this is a complete dream/hogwash being sold to us. We are extracting millions of years of solar energy in a few hundred years with the fossil fuel industry and way of life. Nothing else competes with that outside some specific cases.
This is the reality that climate change action has yet to confront but it will become clear in Victoria in the next few years when the lack of investment in supply of gas leads to blackouts and massive electricity / gas price spikes in the coming years. (My best guess 2027)
Jet fuel from renewables will cost 5 times as much as jet fuel.
Renewable diesel from plants costs 3 times as much as diesel.
Renewable methanol to power the shipping industry will cost 3 to 4 times as much.
Plastic is embedded into everything/
You conveniently ignore the cost of capital which will be massive and is the reason so many wind projects are getting cancelled. Free money doesn't exist right now so the economic reality of what is required is starting to hit home.
The fact we will need to put a price on carbon to transition away from it by its very nature tells you its the cheapest way (ignoring the global impact) A $200-$300/Tonne on the price of carbon should incentivize a lot.
The energy that is needed to run AI and streaming etc is yet to be even comprehended.
Some of it will be cheaper yes - it is cheaper to insulate and electrify a home, and load switch to when the sun is shining and run it off solar. It is cheaper to reverse cycle A/C as heating. It is cheaper to use induction cooking. This capital will pay itself off. Especially if you design it that way vs retrofit it. But what we do in the home is only a fraction of energy.
We absolutely will need to compromise our standard of living if we are serious about climate change. A lot of these things though I think are easy give ups but what political party will stay in power to drive this change by deliberately impaction QOL?
I think in some ways you are right, and we need the public to put pressure on governments to do several things. Whilst I admire the ethics of those that protest, just saying "no more carbon" etc is not really helping. We need targeted change, ie. what the people want will lead through into policy change. If the pollies think this is what the people want, then change can and will be pushed through.
The problem a lot of climate activists come across is they protest about the wrong things, which tells me that they don't really understand the issue at hand.
For example, transportation is a sector that will be difficult and time consuming to change, but there are other sectors that can be changed much much quicker with the right push, whether that be through regulation, subsidies or whatever.
Most climate activists focus on the obvious things that you see, cars, planes etc. Transportation accounts for somewhere between 20-25% of global emissions so makes sense to focus on, but replacing cars with electric cars will take decades as global production capacity even if completely changed to green vehicles will take a huge amount of time to build those cars. Sure we can tax the *smile* out of petrol cars if we want, but that would be pushed towards reduction rather than replacement. Its still worthy to consider, but there are other things that could potentially work. What about extending the amount of bus lanes we have, ie if buses could get end to end much quicker than cars, then that will push more people to public transport, whether thats buses or trains whereby both are significantly lower carbob emitters than cars. Where you have electric buses then its even more obvious. Planes are brought up so much by activists but there really aren't something to focus on in the short term, there are things going on (I know of companies testing hydrogen fuel cells to power planes and whilst this is a possibility is still in its infancy and may require a change to airplanes design just purely because its going to be very difficult to store hydrogen in the wings, but for me this is a longer term dream and we should be targeting other things).
I think I've mentioned agriculture on here before. Single crop farms are horrendous to the environment. The biggest thing agriculture can do for us is lead us forward by increasing the carbon sink that soil should be, rather than destroy the sink. Chances of net zero in my life time IMO are very small unless net zero includes increasing our carbon sinks and then restricting the amount of carbon that even reaches the environment and the agriculture community plays a big part here. It may lead to increased food prices, but they are going up regardless but its worth doing. I think we should also be pushing to reduce consumption of meat (I'm a bit meat eater), but its also smart meat eating. Whilst I enjoy beef (particularly steaks), the amount of food cows consume, the amount of methane they give off and the amount of land use required to feed cows, suggests to me that we should be targeting a significant reduction in meat consumed from cows. I wouldn't want to ban it, but a significant tariff on beef would suffice, increase the price to push people to other meats, or meat substitutes and free the land up that is used to feed cows, in order to grow more multi use crops. This could occur very very quickly, if passed. The other thing from the agriculture sector is also fairly easy IMO. We do not cultivate crops from the sea enough IMO. This change in food production (either for humans or for feed for pigs etc) would be through creating seafarms for growing kelp. I really don't understand why this doesn't already occur. It seems like a no brainer from a climate perspective (have you ever heard a climate activist mention kelp farms before? I haven't), but they benefit in 2 ways, they take away crop production from the land, allowing for reforestation to occur, and significantly reduce the level of deforestation occurring worldwide, so growing more crop production in the sea will INCREASE CARBON SINK CAPACITIES on land, but the real twist to this, the kelp also consumes carbon from the sea (which we have heard about a lot, ie. dead spots in the sea from too much carbon) and release oxygen back into the sea. This will reoxygenate our oceans, potentially increasing sea populations of fish etc, but the real quicker, lower carbon / higher oxygen seas will decrease sea temperatures which will start to reverse the erosion of coral reefs and potentially also slow the melting of sea ice too. IMO the biggest gain for the world currently in terms of carbon reduction is through agriculture and this can be done very very quickly, not slowly like transportation, and also with a relatively small impact on QOL, but do we ever hear activists talk about it? Nope. Guess why? IMO - most activists have a very low level of understanding of the topic, they just want something to be done, but have no desire to find out what, thats someone elses job.
Just back on transportation, again the biggest impact on the climate of changes in emissions from the sector comes from conversion and not replacement, which is why I'm a big believer in hydrogen, whether thats using hydrogen fuel cells (longer term) or the shorter benefit which would be in creating green ammonia. Ammonia is currently produced in a fairly big scale worldwide, but converting and expanding those production facilities from relatively dirty processes at the moment, to green ones is a huge benefit, and would immediately impact the shipping industry. There are alrteady trials underway (Fortescue is one) where engines have been converted to run off ammonia instead of bunker fuels (bear in mind bunker fuels are some of the dirtiest fuels we create). Conversion of large scale engines to take green ammonia are much closer than full conversion to electric vehicles / hydrogen planes or whatever else we have, its feasible that with the right level of production growth in this area that within 5-10 years you could practically remove all carbon emissions from the seafreight industry. I know Fortescure are working on something similar in the US for the trucking industry there. These things are possible in the near term, not the long term, but I'll ask again, how many activists have you heard raise this? Very few IMO.
There are heaps of examples, like this that don't really effect our QOL that much, but that can have a profound effect on reducing carbon emissions but its some of those "unsexy" things that can have the biggest impact. Its one of the reasons why I've been so critical of the governments environment policy, sure its better than the Libs but is that really something to crow about, doing anything was better than the Libs, but the whole $20bn for "Rewiring the Nation" is a joke. A fancy title for something that isn't anything about Rewiring the Nation but more giving big business control over our power network yet again when we don't need them. The renewables being connected up to the grid through Rewiring the Nation are not required for those purposes, but could be used to create power for green hydrogen / green ammonia and the like, instead of connecting these up and restricting supply from rooftop solar like we are doing already in this country. Its so disappointing that we've had a big push towards solar (and businesses and households have jumped on this, we have 1 of the largest %'s of households in the world now with rooftop solar) but these facilities are now being restricted as we haven't focused on the best way to store and distribute the power generated.
Australia should be leading the world on all of the above, we have significantly damaged soils all around the country, we have a massive agriculture sector that could be upgraded, we have huge access to the sea and we have huge access to the sun / wind / thermal and tidal power options, yet we significantly lag the world. I'm a Fortescue investor, but its very disappointing that their initial facilities from their green energy arms will all be overseas (including in the US) because those governments incentivise more than ours does. We have the opportunity to be a massive green energy exporter but even our left leaning pollies don't seem to really want to get involved in this.