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It's just evolution. At this point the price of solar on your roof with some batteries is getting low enough that it earns itself back even without subsidies. A
by jillesvangurp 3y ago
It's just evolution. At this point the price of solar on your roof with some batteries is getting low enough that it earns itself back even without subsidies. As this stuff gets cheaper, more people get access to this stuff and the market grows. As it does, prices drop further.
It's not happening overnight so people and grid suppliers have a chance to adapt. But yes, bad things generally happen to people and companies that can't adapt to changes. Ironically, people that are in developing countries tend to be more adaptable. If something works, they'll be all over it.
The monopolist's response to this is indeed to push for things to be illegal and expensive. Which ironically just speeds up their demise. Places where this happens simply become less competitive.
People move to where the jobs and economics are better. Also politically. Politicians blocking sane policies on this front are going to have a hard time. People are going to call out their bullshit and point to neighbors where the grass is greener and ask hard questions. Inevitably a few less enlightened politicians are going to insist on finding this out the hard way and then get voted out of office. The rest will learn from their examples; that's already happening. Republicans like cheap power just as much as Democrats. This is not a left-right topic anymore. People still bicker over climate change. But cheap power is something everybody can agree is a nice thing to have.