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>I’m sure you’re familiar with supply and demand. Yes, that's precisely why I said that the cost of capital going up due to war (higher interest rates) would h
by pydry 4y ago
>I’m sure you’re familiar with supply and demand.
Yes, that's precisely why I said that the cost of capital going up due to war (higher interest rates) would have a dampening effect on green energy which is very capital intensive.
That's called "supply and demand in action".
The pro war argument (the Economist's) would *ignore* this facet, arguing only "fossil fuels are more expensive -> green energy will definitely be more popular".
It was quite a simple point.
- kortilla 4y agoThe cost of capital didn’t go up due to war.
- JumpCrisscross 4y ago> why I said that the cost of capital going up due to war (higher interest rates) would have a dampening effect on green energy which is very capital intensive If only someone looked at the rate of new and projected investment into green energy after a period of both (a) Russia invading Ukraine and (b) rising interest rates. They could write an article about it and clear up the confusion.