Your general wealth-effect point is of course correct, but (per the earlier comment) is your cost comparison for renewables figuring in the full development and disposal cost of batteries to maintain a reliable power source?
Your comments suggest that the Renewables Revolution is the answer to a clean energy transition away from fossil fuels. Michael Shellenberger, Time Magazine's "Hero of the Environment and energy/climate change expert, eloquently explained in a 2019 TEDXDanubia talk "Why renewables can't save the planet" in terms of total cost, reliability of energy supply produced, land and resources required, and safety.
Your general wealth-effect point is of course correct, but (per the earlier comment) is your cost comparison for renewables figuring in the full development and disposal cost of batteries to maintain a reliable power source?
Your comments suggest that the Renewables Revolution is the answer to a clean energy transition away from fossil fuels. Michael Shellenberger, Time Magazine's "Hero of the Environment and energy/climate change expert, eloquently explained in a 2019 TEDXDanubia talk "Why renewables can't save the planet" in terms of total cost, reliability of energy supply produced, land and resources required, and safety.