Execting green energy to produce zero marginal cost is probably a bit too optimistic at this point. We have been adding green energy for at least 20 years now and energy keeps getting more expensive. Not even addressing whether its sustainable, but expecting a point at which additional solar panels or wind installations are going are going to produce extra energy at close to zero cost is expecting too much.
You might have that argument with nuclear energy, because most of the cost is upfront. But approval process for that will have to be expedited by congress.
Re:I wish GPT4 had never happened
by bryanlarsen on Saturday April 08, 2023 @11:21AM
(#35494110)
Price is set at the margin. Right now the marginal energy is fossil fuel powered and the quickly increasing share of low cost renewable energy doesn't impact price.
Re:I wish GPT4 had never happened
by weatherlite on Monday April 10, 2023 @12:19AM
(#35509136)
> AI, robots and almost zero marginal cost green energy are going to increase the productive capacity of economies dramatically over the next decade or two.
Oh boy, maybe much much later on, 15-30 years from now if we're lucky, and maybe just the opposite. But as for coming decade? Forget it. https://www3.weforum.org/docs/WEF_Global_Risks_Report_2023.p...
Money is the measure of the productive capacity of an economy. If you increase the money without increasing the capacity then you get inflation. But let's be charitable and assume that "Gud" was talking about increasing the capacity commensurately. Because that's what's happening. AI, robots and almost zero marginal cost green energy are going to increase the productive capacity of economies dramatically over the next decade or two.