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Providing further insight into common perceptions about the costs of Fossil Fuels:
- 1. “Rising energy costs demand more fossil fuel production"
- 2. “Fewer regulations would lower fuel costs"
- 3. “Weaning ourselves off fossil fuels is impractical"
What are the inherent costs of delaying our transition from conventional energy sources? Relying on fossil fuels as our primary energy source isn't sustainable and inevitably just drives prices up even further as sources become more scare.
The US Government spent $1 trillion in subsidising fossil fuels which ultimately hinders our progress to transition to cleaner energy sources, and relaxing corporate regulation comes at great risk to our environment as seen in the fracking industry.
However, our approach to everyday living and the small changes and decisions we make now can have huge impact and help drive off our reliance on fossil fuels as our primary energy source.
Dig deeper —> 7 min