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> If renewables are cheaper than fossil fuels, why do poor countries keep building coal If rich countries open sourced all tech related to renewables and made
by ClumsyPilot 3y ago
> If renewables are cheaper than fossil fuels, why do poor countries keep building coal
If rich countries open sourced all tech related to renewables and made -publicly avable designs for solar panels, batteries, wind turbines and factories that produce them, then it would be a valid question.
Oh, also provide loans because renewables have higher cap-ex and lower op-ex. This factor alone can account for massive difference, as -or countries don’t have cash on hand and can’t access credit.
Instead US tells them not to take loans from China but offers no alternative
- benj111 3y agoChina's building more coal plants than anyone, and also building more solar panels than anyone. And a lot of these poorer countries don't have the industrial capacity to build all this stuff even if it was open sourced. >Instead US tells them not to take loans from China but offers no alternative Well it depends why. The west tried this and it just ended up bankrupting multiple countries. Eg for hydro, which is also high cap ex, low op ex.