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by roenxi
740 days ago
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The numbers suggest their efforts failed and what they should have done was waited for China to start manufacturing solar panels using the returns from heavy investment in fossil fuels. But regardless; if we don't have any argument that Germany spent a lot of money on wind/solar and weren't getting power out of it then I think serious people would dispute that wind/solar had higher energy returns than coal at the time. It is pretty obvious that coal/oil/gas had better returns. But it has been a busy decade and it is much more plausible now that renewables are competitive. The explosive growth certainly suggests they are. |
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The transition away from oil will take a long, long time, and natural gas will be an essential component in renewable strategies for some time to come. But Europe needs to figure out how to reduce that consumption to not much more than what can be provided domestically and via trade with the US for geopolitical reasons.
Any cost comparison that doesn't factor in geopolitical concerns is incomplete.