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The increases in coal consumption are lagging indicators because the regulatory process for building a new one starts at about 5-10 years before it is powered u
by civilitty 8y ago
The increases in coal consumption are lagging indicators because the regulatory process for building a new one starts at about 5-10 years before it is powered up. Technological progress and changing economies of scale in solar, natural gas, and wind have done a real number on energy investments over the last few decades. You're looking at the consequences of investment decisions made 10-20 years before it was obvious how fast solar/wind would reach parity with coal or how plentiful a much cleaner fuel like natgas would become.
- sremani 8y agoThat is why I picked 7 year time line of Germany. Of the 33% renewable in Germany 7% comes from biomass that is a free for all definition that includes at times burning wood. Right now, Biomass is 7% compared to 6% of Solar. Germany is known to have massive solar (read it.. not from there). From 33% to 70% in span of 7 years - that is something. I am not rooting against it, if that is the impression my post gave. My point is the report is too good to be true.