the world is facing extinction level global warming
Not really. You can already see the shift from fossil to renewables because they’re cheaper. 40% of electricity globally comes from renewables + nuclear already, and renewable power covers all new demand every year.
It’s not that capitalism cares about environment it just happens that fossil is getting progressively harder to mine while renewables (especially solar) are getting cheaper due to economics of scale.
Not really. You can already see the shift from fossil to renewables because they’re cheaper. 40% of electricity globally comes from renewables + nuclear already, and renewable power covers all new demand every year.
https://ourworldindata.org/electricity-mix
It’s not that capitalism cares about environment it just happens that fossil is getting progressively harder to mine while renewables (especially solar) are getting cheaper due to economics of scale.