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I have a difficult time believing that suddenly, as if overnight, solar is able to compete with coal, even if you take into account the subsidizing of coal/oil/
by teilo 14y ago
I have a difficult time believing that suddenly, as if overnight, solar is able to compete with coal, even if you take into account the subsidizing of coal/oil/NG vs. solar.
The question is, how much of this deal is government subsidy? If Macho Springs was not subsidized, how much would they have to sell the power for?
If they are heavily subsidized, the cost of that power is much higher than advertised, and the tax payer is picking up the difference, either via higher taxes, or through inflation (caused by government debt or QE), which is a tax on those who can least afford to be taxed: the poor.
- deleted 14y ago[deleted]
- teilo 14y agoYes, that's why I said, "even if you take into account the subsidizing of coal/oil/NG vs. solar."
- shpxnvz 14y ago> The question is, how much of this deal is government subsidy? From the original article: "When you add in the incentives, the PPA value becomes more comparable to rates we’ve seen signed in California," said Kim. Apparently nearly all of the difference between standard solar rates and this rate is due to government subsidy.