Monday, December 26, 2016

What is a "renewable energy" post doing in my "Climate Science & Climate Change" collection?

What is a "renewable energy" post doing in my "Climate Science & Climate Change" collection? Well, they're inextricably linked. In order to fix the latter, we have to adopt the former...there is no alternative.

Originally shared by Jim Feig

In 2016, solar-panel energy finally became cheaper than fossil fuels. Just wait for 2017. http://qz.com/871907/2016-was-the-year-solar-panels-finally-became-cheaper-than-fossil-fuels-just-wait-for-2017/ -via Flynx
http://qz.com/871907/2016-was-the-year-solar-panels-finally-became-cheaper-than-fossil-fuels-just-wait-for-2017

8 comments:

  1. We've still got a long way to go, but progress like this is good.

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  2. It's a little jarring that they talk about solar panels, but then show a solar thermal plant...

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  3. This is what Hillary wanted to pursue, but Donald's going for the Coal..

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  4. Great news for sure, but there is a limit to how high solar can go without paying to solve the grid storage problem, or paying to have none solar capacity available at night. It will be interesting to see how the economics resolve this issue. I suspect the answer may depend on the subsidy framework each country already has.

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  5. Only because of govt subsidies. Wait for the tax hikes to kick in now to pay for it. Always takes a year or two for the taxes to go up to pay for big govt programs put in place earlier.

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  6. John Enfield Government subsidies have been significant in EVERY new energy source ever developed. For example, consider the ridiculously cheap leases (an indirect subsidy) the US government has extended to oil and natural gas development for over 100 years. Of course, if we included the TRUE costs of fossil fuels in their prices, nearly nobody could afford gasoline, coal, or natural gas, so our unreasonably low taxes on those climate-damaging fuels is another source of public subsidy.

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  7. John Enfield When a new desirable technology enters the economy it is subsidized to help it compete with established technologies and industries. When it becomes profitable and established, some of the profit is taxed to recover the investment and cover the cost of public infrastructure. It is what was done for fossil fuels, and it is the least we can do for renewable energy. New technology has always been a major investment risk for commercial companies, and there would be much less of it without Government support of research. If not for Government spending to get it started, there would be no Commercial Space Program.

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Now I'm doubly intrigued!

Now I'm doubly intrigued!