How will the climate be impacted if the prices of fossil fuels remain subjectively low for a long term? How will the renewable power producers innovate in such a scenario?#CovidAndClimate
In the short run, low fossil fuel prices will hamper investment in the alternate, cleaner sources of energy. However, renewable power producers will eventually have to reduce the distance between the power source & delivery, and the dependence on carbon. #CovidAndClimate#COVID19
Fossils were always going to become cheaper as demand came down. Happened sooner than we thought because of Covid. I think the clean nature of RE ultimately will prevail given we live in a severely carbon constrained world #COVIDandClimate
Fossil fuel also requires imports which is logistically very challenging! Being self-sustained with RE is the way forward. @voyager687@jayashreenandi your thoughts?