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>> If you have access to limitless, relatively cheap debt, then yeah, there’s absolutely no reason to build fossil fuel plants anymore. Thats kind of the point
by cpleppert 5y ago
>> If you have access to limitless, relatively cheap debt, then yeah, there’s absolutely no reason to build fossil fuel plants anymore.
Thats kind of the point. The cost of capital is rightly higher in developing nations. Capital intensive carbon neutral projects just don't make sense for much of the world.