RE: The Economics of Solar

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I think the only advantages that oil, coal and methane (I don't know how they convinced everyone to call methane 'natural gas') are going to be short-lived. One thing that people don't take into account into the economics of fossil fuels is that its going to get more and more expensive over time as the easy-to-get-to, cheap fuel is depleted and companies have to spend more to drill and dig deeper.... AND as more people, companies, regions and countries move towards electrification, those more expensive fossil fuel costs are shared amongst fewer entities... so the remaining people/companies/regions have to pay more individually.

Fossil fuels require a continuous supply, so even if its cheaper to run something right now it won't stay that way, compared to renewables which is often just the upfront cost and then nothing for decades.

China does use a lot of fossil fuels, but they have an aggressive transition plan and at some point they'll have the cheapest energy in the world, and be even harder to compete with economically.



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The relative costs are changing with renewables getting cheaper. The vested interests will fight to keep their party going, but that is bad for us all.

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