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So if we’d have started building renewables a couple years sooner, we’d already be fixing the problem and it would be cheaper, but because we waited, we have to pay more?
I think it’s more nuanced than that as the technologies needs time to mature and the supply chains need time to establish. The price of renewables, especially solar and wind, has plummeted faster than anyone ever expected, so arguably it’s cheaper (economically) now.
There’s also the saying “the best time to buy a house is always 50 years ago, the second best time is now”. I don’t see much benefit in regretting yesterday’s decisions.
So if we’d have started building renewables a couple years sooner, we’d already be fixing the problem and it would be cheaper, but because we waited, we have to pay more?
I think it’s more nuanced than that as the technologies needs time to mature and the supply chains need time to establish. The price of renewables, especially solar and wind, has plummeted faster than anyone ever expected, so arguably it’s cheaper (economically) now.
There’s also the saying “the best time to buy a house is always 50 years ago, the second best time is now”. I don’t see much benefit in regretting yesterday’s decisions.
Well the lesson here is twofold.
1: we better put every dollar we have into renewables now, or it’ll take more dollars later on
2: conservative governments who told us they were saving money with climate change inaction are liars and we shouldn’t trust them