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> Had we chosen to start investing in renewables more recently, like Brazil, we would be buying better and cheaper tech. Brazil has been investing in renewable
by cesarb 3y ago
> Had we chosen to start investing in renewables more recently, like Brazil, we would be buying better and cheaper tech.
Brazil has been investing in renewables for nearly a century. For instance, the Henry Borden hydroelectric power plant is from 1926.
- ncruces 3y agoWe built 12 hydro power plants in the 1950s. That's not really what the OP is talking about, but a trend in the early 2000s of overbuilding wind at prices that didn't make sense for the next 20 years, and hardly make sense now, 20 years later. Building solar now (which is as much responsible for current results as anything else) also makes financial sense.