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It's cheaper and they're all subsidized. Solar is subsidized, oil and gas is subsidized, nuclear is subsidized. Fracking recieved significant subsidies to devel
by vikramkr 1y ago
It's cheaper and they're all subsidized. Solar is subsidized, oil and gas is subsidized, nuclear is subsidized. Fracking recieved significant subsidies to develop the market initially. Right now, solar/wind is cheaper than fossil fuels by a lot, which is why it's the largest percentage of newly added energy capacity worldwide. Cheaper, faster, and after installation, the power plant doesn't need to keep getting fed with a consumable (incredibly low variable costs are causing issues where markets are getting messed up and going into 0/negative prices since power plants are competing to dump energy it doesn't cost them anything to generate)