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The reason solar power was growing so fast last 2 decades was mostly EU and German central planning. Not to say that central planning is better in general, but
by ajuc 4y ago
The reason solar power was growing so fast last 2 decades was mostly EU and German central planning. Not to say that central planning is better in general, but reaction speed isn't inherently better in capitalism. One common problem is capitalism getting stuck in chicken and egg dillema - central planning had advantage there. Granularity of adjustment is the main advantage of capitalism. And some kind of hybrid is the most efficient.
- cinntaile 4y agoSubsidies don't really count as central planning. It's a way to nudge market participants in a certain direction but they still have autonomy.
- ajuc 4y agoI don't really care about labels, but if you credit capitalism for cobalt mining increase achieved in states with hybrid economies because the part that helped was free market in spirit - then you should also credit central planning when the situation is reversed.
- deleted 4y ago[deleted]
- fires10 4y agoIt's almost like we need a hybrid model. Some things centrally planned and some things left more free.
- pfdietz 4y agoThey may have gotten the ball rolling around 2009, but today the EU accounts for only a small portion of solar installs. In 2022, the EU was about 15% of the global solar new installations. Now, in wind, Europe is still leading.