Re:Plunging costs make solar, wind and battery storage cheap...
by the_why_of_y on Monday January 29, 2018 @05:10PM
(#16261089)
> if it worked the plants would be profitable and they would be going up without tax subsidies.
No, it's the other way around: fossil fuels are subsidized by governments to the tune of $4.8 trillion a year, so solar needs to be subsidized as well to be able to compete.
No, it's the other way around: fossil fuels are subsidized by governments to the tune of $4.8 trillion a year, so solar needs to be subsidized as well to be able to compete.
http://www.imf.org/external/pubs/cat/longres.aspx?sk=42940.0