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The other thing that is happening is that solar wind and battery are naturally working forward through cost-reduction manufacturing S-curve, while fossil fuel p
by dv_dt 7y ago
The other thing that is happening is that solar wind and battery are naturally working forward through cost-reduction manufacturing S-curve, while fossil fuel plant tech has already hit the mature-flat portion of that curve. Renewables are basically at the point where there are easy & dramatic improvements in cost reduction by "just" volume scale up and financing, while fossil fuel plants have long explored those options and have more or less hit costs that are much more difficult to improve.