Comment by margalabargala
11 hours ago
You're right but the problem is subsidies change that math. If the US gov subsidizes oil, then the economics of that work out even if solar wins in a free market.
11 hours ago
You're right but the problem is subsidies change that math. If the US gov subsidizes oil, then the economics of that work out even if solar wins in a free market.
That's true, but also requires that companies believe those subsidies will remain in place over ~20-30 years. Assuming US elections remain fair, that's not going to be the case. By contrast solar / wind subsidies are effective since the bulk of their cost is up-front, so you can generally rely on getting full value out of those subsidies.
Subsidies can certainly delay things at this point, but it's hard to see how it'd stop it.
I agree. Subsidies will delay, but they will not change the outcome.
Considering we are racing against CO2 release and the warming planet, I worry that the delay makes a large difference in outcome, not for energy breakdown, but in quality of life for humanity.