Carbon Bubble: Difference between revisions
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* | *[https://en.wikipedia.org/wiki/Carbon_bubble The Wikipedia Page on the Carbon Bubble] | ||
Revision as of 01:10, 9 December 2020
Basics
- A hypothesized Economic Bubble caused by the true costs of Greenhouse Gas Emmisions in intensifying global warming are not yet taken into account thus leaving out a (frequently massive) cost, making companies seem far more profitable/valuble than they are
- The moment a Carbon Tax is implemented, or a scenario wherein people no longer allow/accept fossil fuel production and/or use, or the unlikely wherin fossil fuels run out from a supply standpoint (see Hubbert Peak Theory ) This bubble will burst
- Thus the arguement of "Will Biofuels be Able to Compete with Fossil Fuels " and similar arguements with Renewable Energy Production are essentially invalid
- Therefore when people bring these up as counter-arguements to developing these technologies, BRING THIS UP