3 ms·

>Why are IEA forecasts spurious? What do they have to do with the war? Renewable energy was projected to grow anyway in spite of the war because of the declini

by pydry 4y ago

>Why are IEA forecasts spurious? What do they have to do with the war? Renewable energy was projected to grow anyway in spite of the war because of the declining costs of renewables. However, since they are capital intense and war made capital expensive... that'll be a drag on investment, won't it? >Would the article be better if it just commented on the acceleration of investment in renewables, leaving unsaid the cause of said acceleration It would be better if they were honest about the cause. >This is one of the more surprisingly anti-intellectual threads I’ve seen on HN. If you say so.

staunton 4y ago
> It would be better if they were honest about the cause. Which is what? What should they say about it?
- pydry 4y ago
  That their evidence says actually that renewables were trending down in price before the war rather than trying to attribute it to a war they happen to like.
  - JumpCrisscross 4y ago
    > renewables were trending down in price before the war rather than trying to attribute it to a war You didn’t read the article because it never makes this claim. In particular, you got a foundational fact incorrect inasmuch as renewable prices are not going down. Nobody’s energy prices are. But relative to fossil fuels, on a real basis, they’ve become more competitive.
JumpCrisscross 4y ago
> Renewable energy was projected to grow anyway in spite of the war because of the declining costs of renewables And now it's growing faster. Because fossil fuel prices went up. That's the article's thesis.
- pydry 4y ago
  Faster than what? This articles cites nothing more than a hunch and trends that existed pre war.
  - usrusr 4y ago
    If an article about investment in swimming classes that was boosted by a series of drowned children, and praises those classes for how they also increase overall health and fitness, the article is pro-drowning?
    - pydry 4y ago
      There have been some Russian articles indicating that the Ukraine war gave a boost to the Russian economy, which is why it grew this year. They were exhibiting nothing more than a purely objective opinion based upon the purest of evidence of course. Many Russians would believe that the idea that an article like that used spurious evidence to push a pro war agenda absurd. Like being pro drowning, as you put it.
      - JumpCrisscross 4y ago
        > the Russian economy, which is why it grew this year This is basement-level trolling. The Russian economy shrank last year. Its central bank just forecast between a 1% contraction and 1% growth for 2023 [1]. [1] https://www.reuters.com/markets/europe/russian-central-bank-holds-key-rate-75-gives-hawkish-signal-2023-02-10/ https://www.reuters.com/markets/europe/russian-central-bank-...
  - kortilla 4y ago
    I’m sure you’re familiar with supply and demand. The investment in green tech is driven by price of renewables compared to price of fossil fuels. A big decline in supply of fossil fuels (which is what has happened in Europe due to the war) shifts the trade-off significantly in favor of green energy. This shift can be so dramatic that it drives up the short term cost of green energy. That’s a good problem to have because it just means demand is really high, which can be solved by more investment in the supply side. Your thesis that this would somehow reduce investment is completely backwards. You sell pickaxes during a gold rush, not before or after.

by pydry 4y ago

staunton 4y ago

> It would be better if they were honest about the cause. Which is what? What should they say about it?

pydry 4y ago
That their evidence says actually that renewables were trending down in price before the war rather than trying to attribute it to a war they happen to like.
- JumpCrisscross 4y ago
  > renewables were trending down in price before the war rather than trying to attribute it to a war You didn’t read the article because it never makes this claim. In particular, you got a foundational fact incorrect inasmuch as renewable prices are not going down. Nobody’s energy prices are. But relative to fossil fuels, on a real basis, they’ve become more competitive.

JumpCrisscross 4y ago

> Renewable energy was projected to grow anyway in spite of the war because of the declining costs of renewables And now it's growing faster. Because fossil fuel prices went up. That's the article's thesis.

pydry 4y ago
Faster than what? This articles cites nothing more than a hunch and trends that existed pre war.
- usrusr 4y ago
  If an article about investment in swimming classes that was boosted by a series of drowned children, and praises those classes for how they also increase overall health and fitness, the article is pro-drowning?
  - pydry 4y ago
    There have been some Russian articles indicating that the Ukraine war gave a boost to the Russian economy, which is why it grew this year. They were exhibiting nothing more than a purely objective opinion based upon the purest of evidence of course. Many Russians would believe that the idea that an article like that used spurious evidence to push a pro war agenda absurd. Like being pro drowning, as you put it.
    - JumpCrisscross 4y ago
      > the Russian economy, which is why it grew this year This is basement-level trolling. The Russian economy shrank last year. Its central bank just forecast between a 1% contraction and 1% growth for 2023 [1]. [1] https://www.reuters.com/markets/europe/russian-central-bank-holds-key-rate-75-gives-hawkish-signal-2023-02-10/ https://www.reuters.com/markets/europe/russian-central-bank-...
- kortilla 4y ago
  I’m sure you’re familiar with supply and demand. The investment in green tech is driven by price of renewables compared to price of fossil fuels. A big decline in supply of fossil fuels (which is what has happened in Europe due to the war) shifts the trade-off significantly in favor of green energy. This shift can be so dramatic that it drives up the short term cost of green energy. That’s a good problem to have because it just means demand is really high, which can be solved by more investment in the supply side. Your thesis that this would somehow reduce investment is completely backwards. You sell pickaxes during a gold rush, not before or after.