[Moldoteck]

this is not moronic. This is done everywhere in the world. In fact, merit order does justify more ren deployment even if economics aren't that great, because operators will be paid according to merit order, needing less cfd's. You can also check out how much of the gas electricity price is just carbon tax. And how transmission spending evolved. And how CFD's for different tech evolved in each AR round

[mrks_hy]

It helps overly subsidize renewables and prevents price drops arriving directly at the consumer's bill.

[Moldoteck]

if you dont want to oversubsidize ren, remove CO2 tax. The higher the tax, the more will ren receive in the merit order