[toyg]

> ow the GOP imagines we’ll be competitive when the rest of the world can produce electricity 10x cheaper

By forcing oil prices to get 10x cheaper, at the barrel of a gun. See: Venezuela and Iran. Will it work? I would not bet on it.

[matthewdgreen]

Seems unlikely that we'll be selling oil for $5, unless fossil fuels are completely replaced and it becomes a side-of-the-road novelty.

[ljlolel]

Then it loses economies of scale and capital wasted so price won’t go down

[matthewdgreen]

At that point, who really cares? As scale goes down and economies of scale go away, it just becomes an irrelevant novelty. But the actual question is: how much will industrial applications matter.