3 ms·
Ehhhh we are pretty dumb
by brianwawok 10mo ago
Ehhhh we are pretty dumb
- toomuchtodo 10mo agoWe are, but luckily, we’ve backed ourselves into a corner that acts as a forcing function. Coal generators are too expensive to keep running forever due to reaching the end of service life. LNG export expansion means US electrical consumers using fossil gas for power will be competing with global LNG consumers. ~90% of new power additions in the US are renewables. This is likely to continue because fossil generation is simply more expensive, even when considering capacity factors and subsidy sunsets. Economics cannot fix stupid, but in this context, it can route around it. (think in systems)