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The first link is taking into account government incentives, and doesn’t actually cite any source about cost comparison: > New Inflation Reduction Act clean en
by liontwist 2y ago
The first link is taking into account government incentives, and doesn’t actually cite any source about cost comparison:
> New Inflation Reduction Act clean energy incentives and financing and potential strengthened U.S. Environmental Protection Agency pollution standards mean the economic risks for existing coal — and the communities that depend upon them economically — will only get worse
The second link is also about the inflation reduction act.
The EIA link is also a market prediction of where investment will be made, which also takes into account subsidies.
Post your best link that makes your point. My conclusion right now is you litter in links to appear authoritative.
- toomuchtodo 2y agoWhere Coal Is Retiring, and Hanging On, in the U.S. - https://news.ycombinator.com/item?id=42975565 https://news.ycombinator.com/item?id=42975565 - Feb 2025 https://www.nytimes.com/interactive/2025/02/06/climate/coal-plants-retirement.html https://www.nytimes.com/interactive/2025/02/06/climate/coal-... | https://archive.today/Egwuc https://archive.today/Egwuc > But along with market forces, utilities could also take advantage of changes in environmental regulations to keep coal stations open, especially in coal-friendly states like Wyoming, where two-fifths of U.S. coal is still mined. > “For an investor-owned monopoly utility, it’s not costing them to keep running the plant, necessarily, it’s costing the ratepayers who are paying for that,” Dr. Solomon said. “Politically, there’s a lot of support for coal in Wyoming and Utah where Rocky Mountain power is operating so I think they just don’t feel a ton of pressure to move to cleaner energy sources.” Global Cost of Renewables to Continue Falling in 2025 as China Extends Lead - https://news.ycombinator.com/item?id=42976388 https://news.ycombinator.com/item?id=42976388 - Feb 2025 https://about.bnef.com/blog/global-cost-of-renewables-to-continue-falling-in-2025-as-china-extends-manufacturing-lead-bloombergnef/ https://about.bnef.com/blog/global-cost-of-renewables-to-con... | https://archive.today/pJ0lb https://archive.today/pJ0lb > According to a latest report by research provider BloombergNEF (BNEF), new wind and solar farms are already undercutting new coal and gas plants on production cost in almost every market globally. > “New solar plants, even without subsidies, are within touching distance of new US gas plants. This is remarkable because US gas prices are only a quarter of prevailing gas prices in Europe and Asia. It really raises the bar on what is possible even in the current market, said Amar Vasdev, lead author of the report. “This opens up the likelihood that solar will become even more compelling in the coming years, especially if the US starts exporting liquified natural gas and exposes its protected gas market to global price competition.” > “China is exporting green energy tech so cheaply that the rest of the world is thinking about erecting barriers to protect their own industries, said Matthias Kimmel, head of Energy Economics at BNEF. “But the overall trend in cost reductions is so strong that nobody, not even President Trump, will be able to halt it.”