“When clean alternatives become cheaper, cleaner, more reliable, and more secure, fossil fuel demand collapses – inevitably.” – Lisa Sachs, below
We are back to the 1970s where magical thinking about ‘negawatts’ and the impending competitiveness of solar and wind as grid electricity was the order of the day. Think Jimmy Carter. The U.S. Department of Energy. The Strategic Petroleum Reserve. Even Synthetic Fuels.
Lisa Sachs of Columbia University, daughter of Jeffrey Sachs, recently posted this as if failed COP30 did not matter. Is she classically ‘in denial’?
The Real Way We Phase Out Fossil Fuels … And It’s Not Through Pledges.
There’s frustration that COP30 didn’t deliver a stronger “phaseout” statement. I understand it, but we’re focused on the wrong lever. Fossil fuels don’t disappear because negotiators agree to it.…