Re:Oil System Collapsing So Fast It May Derail Renewables
by avianlyric on Thursday October 21, 2021 @05:04PM
(#28950813)
> But it ignores how EROI decreases growth (mentioned in the article they link to), it does it through increased energy prices. But a switch to renewables is not going to decrease energy prices, if it did we wouldn't need to subsidize renewables.
Renewables are still rapidly developing, and prices are falling precipitously. The subsidies are achieving their goal of funding and encouraging investments renewables and their rapid improvement. Every year the MwH price of renewables falls, the opposite is true of fossils.
Even now Solar and wind outcompete a number of fossil technologies on price. So your point is completely wrong and totally misunderstands the purpose and achievements of renewable energy subsidies.
Renewables are still rapidly developing, and prices are falling precipitously. The subsidies are achieving their goal of funding and encouraging investments renewables and their rapid improvement. Every year the MwH price of renewables falls, the opposite is true of fossils.
Even now Solar and wind outcompete a number of fossil technologies on price. So your point is completely wrong and totally misunderstands the purpose and achievements of renewable energy subsidies.