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In a free market, where everyone is free to ignore consequences, coal would be the obvious solution - but if the climate change costs are priced in - then batte
by lukan 2y ago
In a free market, where everyone is free to ignore consequences, coal would be the obvious solution - but if the climate change costs are priced in - then batteries do become attractive.
Lightweight ultrapower batteries are high tech. A simple batterie for the grid, that can be big, is not and quite simple to build.
We started to price in the CO2 externalities - and demand is skyrocketing.
Subsidies are more of a geopolitical/welfare thing in this context.