<div dir="ltr"><br><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Sat, 2 Jan 2021 at 14:32, Lukas Richert <<a href="mailto:lrichert@posteo.de">lrichert@posteo.de</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">
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<p>When a country completely switches to renewable energies in their
grid, I would be overjoyed to completely delete the
electricity:grid:origin tags in that region.</p></div></blockquote><div>So you think it necessary to wait for 100% renewable on the grid?</div><div>99.99999% is not good enough? How about 99%? 98%? Where</div><div>do you draw the line on that?<br></div><div><br></div><div>In reality, the point where the tag can be removed is when nobody</div><div>advertises the source any more. And that will come long before</div><div>100% (or 98%) switchover on the grid. At some point there is</div><div>no financial return to be had from advertising renewable sources,</div><div>when non-renewable sources are a rare exception. That point</div><div>will actually be even earlier than that, when renewables are</div><div>common enough that the gains from advertising renewable</div><div>sources fall short of the costs of the advertising.<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div><p> Most countries are
aiming for this to occur by 2050 with many still falling</p></div></blockquote><div>China recently changed the game. It realized it was now cheaper to use</div><div>renewables than non-renewables, so committed to a shorter timescale.</div><div>Economies of scale from China alone mean that renewable costs,</div><div>already cheaper than non-renewable, will fall even more. There's</div><div>a reason Exxon-Mobil is no longer in the Dow Jones 30-stock</div><div>benchmark: it's not going to be a big profit maker in the future</div><div>so people are no longer paying a lot for the stock.<br></div><div><br></div><div> Advanced countries with competent leadership are starting to follow</div><div> China's lead as they realize there's a large manufacturing industry</div><div>developing that will be based in China unless they set up their own</div><div> industries. They either compete with China now or buy the hardware<br></div><div>from China for a long time to come. <br></div><div><br></div><div>We have reached a tipping-point in the climate change crisis: the one</div><div>where it's cheaper RIGHT NOW to do something than not do</div><div>something. Future returns are not great drivers: "Do something</div><div>now or you'll regret it in 30 years because of the expense of</div><div>dealing with severe climate change" doesn't influence markets</div><div> much. "Do it now and you'll make money now" is a great driver.<br></div><div><br></div><div>I don't see this tag having a long life.</div><div><br></div><div>-- <br></div><div>Paul</div><div><br></div></div></div>