Short term the subsidies will take care of that, but of course they cannot go on indefinitely. Longer term there are variables we have no control over. Global warming could become our best friend for a while.Mind, so many people have had such a scare about the potential costs, our demand could seriously plummet. Albeit accompanied by great suffering, many deaths, etc.
For example, this year, with record temperatures being much milder than the previous one, meant my only fuel, electricity, being 12% less from January to April and 10% less over the eight months to date. No effort on my part, this was just due to the weather change. If this trend continues we could be ok, until the warming reaches undesirable levels.
Conversely though, climate change is threatening a total collapse of the Gulf Stream which could give us Norway's climate, a catastrophe for this country. Link
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