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Solar and Wind power is available practically everywhere. So that is directly contrary to your "this region is winner take all", which is really what the old "s
by AtlasBarfed 3y ago
Solar and Wind power is available practically everywhere. So that is directly contrary to your "this region is winner take all", which is really what the old "strike it rich with black gold" of fossil fuels was. Solar/Wind is about as win-win-win as it gets right now.
Also, there really isn't anything like a "coal reserve" anymore. Coal is not a useful material anymore outside of the coal fired plants that are still in operation. Coal is so far behind other forms of power generation cost (including even nuclear) that practically all coal fired plants are being actively planned for retirement/replacement. You cannot have an "economic plan for coal" that involves anything except planning for the jobs to go away.
At a minimum all coal plants will be replaced with natural gas turbine. Still fossil fuel but much cleaner in particulate and so much more efficient that the carbon release is reduced. With Solar/Wind falling under gas turbine in LCOE, gas turbine will become like coal in 10 years.
Solar/wind isn't responsible for the devaluation of rural communities. That happened with globalization. And economic development has historically followed the availability of cheap plentiful power, which solar/wind already represent an technological advancement in. Solar/wind are the cheapest form of power generation, and unlike coal/gas which are basically played out in terms of cost improvement, likely have another 10-20 years of cost improvement from economies of scale and technological improvement. Put it this way: if fusion became net-positive and sustained reaction tomorrow, it wouldn't matter. At the rate solar/wind are dropping, no fusion reactor would beat it economically for another 50 years.