"economic carbon bubble" isn't as good a search term as it used to be, but it's interesting.
Everybody will point to the solar cost graph; some will point out just how enormously determined the PRC has become about where that graph is going. The graph I'd like, and can't get, is the graph of extraction price versus market price for oil. (Ideally regionally.) Once those lines cross, that's it. I think what fracking rescued the oil industry from was those lines crossing. (By not letting people attach the price of their well becoming flammable to the extraction price.)
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timeasmymeasure
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Date: 2018-01-12 12:16 pm (UTC)Everybody will point to the solar cost graph; some will point out just how enormously determined the PRC has become about where that graph is going. The graph I'd like, and can't get, is the graph of extraction price versus market price for oil. (Ideally regionally.) Once those lines cross, that's it. I think what fracking rescued the oil industry from was those lines crossing. (By not letting people attach the price of their well becoming flammable to the extraction price.)