Comment by toomuchtodo

2 days ago

The price of LFP batteries in China is $35/kWh for cells, $52/kWh for fully integrated systems [1]. Roughly 1TW of solar is being deployed globally every year. We’re already there, it’s just a matter of pushing the pedal down harder. China destroys half a million barrels a day of global oil demand every year they build EVs at current output levels, which are still increasing.

Fossil fuels are already dead, it’s just time horizon. How fast we want to go is a function of how much fiat we want to shovel into PV solar and battery manufacturing.

[1] https://reneweconomy.com.au/watershed-moment-big-battery-sto...