this post was submitted on 21 Mar 2026
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Unlike during previous oil shocks, renewable power is now competitive with fossil fuels in many places. More than 90% of new renewable power projects worldwide in 2024 were cheaper than fossil-fuel alternatives, according to the International Renewable Energy Agency.

“These crises regularly occur,” said James Bowen of the Australia-based consultancy, ReMap Research. “They are a feature, not a bug, of a fossil fuel-based energy system.”

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[–] KuroXppi@hexbear.net 5 points 4 hours ago

These crises regularly occur,” said James Bowen of the Australia-based consultancy, ReMap Research. “They are a feature, not a bug, of a fossil fuel-based energy system

Australians have a vendetta against the natural environment. Even if renewables were 10,000,000% times cheaper than oil and gas they'd still bomb the bight, explode sacred Indigenous sites and dredge the barrier reef just for the love of the game