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I don’t like Ted Cruz, but he might be right about this. The article makes a model with today’s prices, which are hard to validate — I suspect if we start minin
by randomhodler84 5y ago
I don’t like Ted Cruz, but he might be right about this. The article makes a model with today’s prices, which are hard to validate — I suspect if we start mining at grid level energies it is going other places… The economic incentives are clear and have not changed since 2009. What may happen is what was predicted many years ago.
- bsder 5y agoIf mining was doing "sink a bunch of power from renewables when the grid can't absorb them", that would be acceptable. The problem is that mining is turning on fossil fuel plants which would otherwise be unprofitable to sell electricity from--which is disastrous for the environment. Everything coming out of Cruz's mouth should simply be assumed to be wrong, deceitful, and/or harmful in any combination.