Real big money owns oil companies - so green energy will make them lose their green money.
Heavily subsidized? We spent 30 billion to take Venezuela's oil and 200 billion to take Irans!
Exactly.
If running out of oil was any possibility, or if renewable was any kind of a cost competitive threat to oil without massive government subsidies, Big Oil would already own the entire renewable industry.
Instead we have misguided taxpayer money and venture capital gobbling up some of the best farm ground on earth to build ugly solar and wind farms that are susceptible to myriad issues while oil/coal/gas will continue to provide the large bulk of our energy needs for the foreseeable future.
*Maybe* (I hope!) by the time the panels and turbines they’re installing now are worn out and need replaced at great expense they’ll have the technology to a point it’s actually cost and/or natural resource competitive with fossil fuels.
It’s largely a false economy at this point. I’d love for the world to have magical clean energy, but the solutions we are trotting out are anything but.