World News

32328 readers

726 users here now

News from around the world!

Rules:

Please only post links to actual news sources, no tabloid sites, etc
No NSFW content
No hate speech, bigotry, propaganda, etc

founded 5 years ago

MODERATORS

[email protected]

120

More than 30% of world’s electricity now comes from renewables, report reveals (www.euronews.com)

submitted 6 months ago by [email protected] to c/[email protected]

23 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 5 points 6 months ago* (last edited 6 months ago) (1 children)

Obviously I don't see this as good news because I can't see how ecology and capitalism can work together, unless it is greenwashing. Environmentalism/ecology/etc want sustainability, capitalism is all about eternal growth of the business, and I don't see corporations and other financial entities changing their business model? Do you?

[–] Cryophilia 0 points 4 months ago

Capitalism is helping destroy fossil fuels. Solar and hydro electricity is cheaper than fossil fuels.

Government subsidies - interference with he capitalist market - are propping up the oil industry (and the meat industry, while we're at it).

Properly regulated capitalism is perfectly capable of fixing the climate crisis. Ecology and capitalism work together when going green is cheaper than using fossil fuels.