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If we switched to renewable energy
(ponder.cat)
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If we switched to renewable energy, the cost of coal and oil would crash, but it wouldn't drop to zero. Wealthier countries would stop producing oil locally and shipments would still circle the globe from countries desperate enough to keep producing at lower profits, to countries that cannot affort the more expensive renewable infrastructure.
That's not a reason not to switch. We just need to be prepared for the reality that no single solution will resolve all our problems. Conservatives and energy barons will fight tooth and nail, and will point to the new problems as evidence that we never should have switched. was
This presumes renewables are more expensive. But I would posit that a rapid adoption of renewables is going to occur as the cost of operating - say - a thorium powered container ship falls below that of its coal equivalents.
What I would be worried about, long term, is the possibility that advanced technologies further monopolize industries within a handful of early adopter countries. That's not an ecological concern so much as a socio-economic concern.
That and developing countries have been able to adopt some green initiatives, which points to them being at least somewhat affordable
Green energy has very short supply lines when compared to fossil fuels. Great if you live somewhere remote or prone to sudden economic distributions.