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That's still so much better than tech companies, even tech companies 6 months ago /s Never forget how absolutely huge coal is. Those Joules are not going to be

That's still so much better than tech companies, even tech companies 6 months ago /s Never forget how absolutely huge coal is. Those Joules are not going to be replaced with renewables any time soon. It's literally impossible because renewables need Joules themselves to be built, not just money. Money does not synthesize power generating objects; materials and energy and machinery and the approval to do so (capital) all together do: https://en.m.wikipedia.org/wiki/World_energy_consumption https://en.m.wikipedia.org/wiki/World_energy_consumption

ineedasername 7y ago
Renewable GW capacity in the US has grown at a 7.8% per year compound annual growth rate. [0] That is more than a linear increase in renewable capacity, indicating that renewable capacity will be increasing faster and faster in absolute GW terms. [0]https://www.nrel.gov/docs/fy19osti/72170.pdf https://www.nrel.gov/docs/fy19osti/72170.pdf
Androider 7y ago
When did you last look at the current state of renewables? Even two years ago, the picture was completely different, but renewables are absolutely catching up. The change is fast and accelerating. 17% of energy production in the US is now renewables. 26% in China. 46% in Germany. The economic case for deploying renewables continues to improve, and will soon hit a tipping point where operation of legacy generation systems will be more expensive than deploying and operating newer ones. Even in the US, who will want to be in the coal business then? The companies all know this, and are all pivoting from being coal|gas|x-companies to being energy-companies.
- H8crilA 7y ago
  The only thing that matters is world's total usage, because co2 does not respect borders. Could you point me to updated world energy usage data then?
- alialghamdi 7y ago
  What's the source of this information? I want to see how other countries are doing.

ineedasername 7y ago

Renewable GW capacity in the US has grown at a 7.8% per year compound annual growth rate. [0] That is more than a linear increase in renewable capacity, indicating that renewable capacity will be increasing faster and faster in absolute GW terms. [0]https://www.nrel.gov/docs/fy19osti/72170.pdf https://www.nrel.gov/docs/fy19osti/72170.pdf

Androider 7y ago

When did you last look at the current state of renewables? Even two years ago, the picture was completely different, but renewables are absolutely catching up. The change is fast and accelerating. 17% of energy production in the US is now renewables. 26% in China. 46% in Germany. The economic case for deploying renewables continues to improve, and will soon hit a tipping point where operation of legacy generation systems will be more expensive than deploying and operating newer ones. Even in the US, who will want to be in the coal business then? The companies all know this, and are all pivoting from being coal|gas|x-companies to being energy-companies.

H8crilA 7y ago
The only thing that matters is world's total usage, because co2 does not respect borders. Could you point me to updated world energy usage data then?
alialghamdi 7y ago
What's the source of this information? I want to see how other countries are doing.