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Do you have an explanation for why, since solar/wind seems to not only pay for itself, but earns enough to 4x it's initial investment in 17 years, that it's not
by philipkglass 4y ago
Do you have an explanation for why, since solar/wind seems to not only pay for itself, but earns enough to 4x it's initial investment in 17 years, that it's not being done?
It is being done. According to the International Energy Agency, $44 billion was invested globally in nuclear powered electricity production in 2021. $119 billion was invested in fossil powered electricity production. $367 billion was invested in renewables.
https://www.iea.org/data-and-statistics/charts/global-energy-supply-investment-by-sector-2019-2021-2 https://www.iea.org/data-and-statistics/charts/global-energy...
- erichocean 4y agoGood to know! Thanks