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Re:New York to Ban Natural Gas, Including Stoves, in New Bui... by ineedasername on Saturday April 29, 2023 @07:38PM (#35758375)
>and the price of electricity is plummeting thanks to renewables.

Not according to sources I can find. EIA forecasts for the long term project continued increases through 2050 [1] Maybe in locations elsewhere in the world? Or specific states in the US? Certainly not where I live, which is aggressively pursuing renewables and despite this prices continue to increase, and were doing so before the spike in natural gas prices.

[1] https://www.eia.gov/outlooks/aeo/data/browser/#/?id=1-AEO202...

Re:New York to Ban Natural Gas, Including Stoves, in New Bui... by ZeroGravitas on Saturday April 29, 2023 @08:10PM (#35758545)
That's nominal price, their inflation adjusted prices, which they also provide, drop.
Re:New York to Ban Natural Gas, Including Stoves, in New Bui... by ineedasername on Saturday April 29, 2023 @09:37PM (#35758951)
Good point, I missed that. But that is still very far from plummeting. It’s a very gradual decline that assumes inflation stays above 2% (though that is probably a reasonable assumption)

I hope they will plummet, I just don’t see much pointing in that direction right now.