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The development of solar has been heavily subsidized by governments, so there isn't really a free marker success story here. If anything it's a story of how wel
by ineedasername 6y ago
The development of solar has been heavily subsidized by governments, so there isn't really a free marker success story here. If anything it's a story of how well long term interests, tethered to Nation-state level wealth via taxation, can work hand in hand with market forces.
- the_why_of_y 6y agoThe development of fossil fuels has been even more heavily subsidized by governments, to the tune of USD 5.2 trillion in 2017, up from USD 4.7 trillion in 2015. https://www.imf.org/en/Publications/WP/Issues/2019/05/02/Global-Fossil-Fuel-Subsidies-Remain-Large-An-Update-Based-on-Country-Level-Estimates-46509 https://www.imf.org/en/Publications/WP/Issues/2019/05/02/Glo... How do you suggest any other source of energy compete in this kind of market?