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Re:Why did renewables become so cheap so fast? by ahupp on Wednesday December 02, 2020 @09:40PM (#25284633)
Growth isn't necessary to make something a good investment. Imagine you are investing in a single mortgage: you get a little income each month, and after 30 years it stops completely. Essentially the value goes to zero! But the stream of income is what you care about. Aramco is similar; it will kick off income every year in dividends and eventually be worth zero.
Re:Why did renewables become so cheap so fast? by willis936 on Wednesday December 02, 2020 @11:15PM (#25285311)
It’s the opposite of growth. Would you buy a house if you knew it wouldn’t be there in 20 years?
Re:Why did renewables become so cheap so fast? by CydeWeys on Wednesday December 02, 2020 @11:23PM (#25285350)
Yes, if I get my money's worth out of that 20 years.

Hell, I'm currently renting an apartment and I don't own shit now, let alone 20 years down the line.

Re:Why did renewables become so cheap so fast? by bobthepanda on Wednesday December 02, 2020 @11:21PM (#25285340)
People do this with cars and those depreciate the moment they get off the lot.

Japanese homes have a lifespan of 30 years.

Re:Why did renewables become so cheap so fast? by tomp on Thursday December 03, 2020 @06:20AM (#25287820)
I agree.

But in the UK people routinely buy houses/apartments on leasehold which means you only "own" it for e.g. 99 years (sometimes less). Crazy if you ask me, "normal" if you ask them.