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Free market is good and subsidies are bad, says the person advocating for distortion of market conditions to favor certain technologies that the free market doe
by clusterfish 6y ago
Free market is good and subsidies are bad, says the person advocating for distortion of market conditions to favor certain technologies that the free market doesn't want (that much).
If only the government made the stupid investors understand which technologies are cheaper...
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If renewables are as cheap as advertised they'll sweep the market on their own. But it seems to me that claims of cheap storage are just as far fetched as those of cheap nuclear, despite tons of subsidies and support that renewables get.
Wind and solar are never going to power literally everything everywhere all the time. The sun and wind are not evenly distributed, and no amount of storage or transmission will economically fix that, ever. You'll have several different power sources for different needs, and I find it hard to prefer fracking and coal burning to modern nuclear.