Re:We're Not Even Close to EVs Being as Cheap as Gas Cars, M...
by taylodl on Tuesday April 05, 2022 @09:30AM
(#30918733)
The cost of fossil fuel energy isn't being paid for at the pump or even in your electric bill - there's no cost recovery for the sickness caused by air pollution and there's no cost recovery for the impact on the environment due to increased CO2 emissions. I believe once you factor in the total costs you'll find that renewables are far cheaper. It just sucks that we're going to continue to pay the hidden costs for fossil fuels for decades to come.
It will get cleaner, but will it be cheaper? Renewables need to be ramped up, and older power plants are getting retired (nuclear for instance). Massive amounts of storage - for which there is no existing solution at the scale required - will have to be designed and built, which will probably take years, if not a decade, and by then some first gen solar and wind will need replacing due to old age/inefficiecy.
It's a decent bet that energy will be cheaper than the prices now due to the war, but compared to the "normal" a few months ago? We'll have to see but IMHO it's far from a given.