- Investing in alternatives has led to massive new industry that is improving the economy of those countries that do it. If your argument is an economic one then jump onto the solar, wind and battery bandwagon.
- There are virtually no real short medium or long term gains economically here. Gas is the only thing still competitive with solar/wind and its costs are rising while solar and wind continue to fall. Building new maximum pollution plants would drop that internalized cost but who in their right mind would fund something so obviously DOA?
- Obviously the externalized costs of greenhouse gas emissions are deeply undervalued in this move. Even if they are 'fake news' in the US, the rest of the world is finally starting to take them seriously. The US's diminished soft power means it won't be able to easily bully the world into allowing it to pollute without consequence and such an obviously hostile move means it will loose even more of its soft power by taking this position. So on the international level this means we burn a lot of political capital and gain nothing but decades of distrust and anger.
- Current events show that energy security is dominated by decoupling from fossil fuels. This weakens the US strategically and continues to set it up to be manipulated by exceptionally hostile actors.
- Oh yeah and, of course, climate change is real.
This continues the US down the path of being the best buggy whip maker in the world. Worse than that, the US is becoming an obnoxious buggy whip maker who's neighbors are starting to hope fails horribly and will help make that happen as moves like this continue. This is stupid at every scale and in every dimension.
The current wars in Europe and the Middle East paradoxically push the world towards non-fossil enery like few things did before. Both oil and natural gas prices have skyrocketed on global markets, and will likely rise more, as Ukraine continues to target Russian oil infrastructure, and Houtis continue to stymie Saudi oil exports.
Nothing hampers solar, wind, and batteries though; at worst it takes longer to ship the key components from China to Europe around Africa.
So what if all our oil comes from the middle east?
So what if all our gas comes from Russia?
So what if all chips are made in Taiwan?
So what if all mobile platforms are from the US?
Hopefully the penny will start to drop. Any minute now.
You burn a barrel of oil once. A solar panel lasts for 20+ years. After you have installed it, if China announces they will no longer sell new ones - you have two decades of lead time to start building your own domestically.
Either the panels are purchased piecemeal, in which case some have to be replaced every year as your rolling stock fail, or they're replaced in large batches - which would be incredibly predictable, suggesting China would not fill one massive order and then say "No more", assuming they're trying to inflict pain
Either way though, you don't have 20 years to get up to speed.
They have 25 year warranty with performance guarantee of 92%. After 25 years, it will continue to work fine, 8% lower output is perfectly acceptable. Most likely will last 50 years or more.
There is no product on the planet that has a a multi decade warranty with this kind of performance guarantee.
jmward01 · · focus · HN ↗
- Investing in alternatives has led to massive new industry that is improving the economy of those countries that do it. If your argument is an economic one then jump onto the solar, wind and battery bandwagon.
- There are virtually no real short medium or long term gains economically here. Gas is the only thing still competitive with solar/wind and its costs are rising while solar and wind continue to fall. Building new maximum pollution plants would drop that internalized cost but who in their right mind would fund something so obviously DOA?
- Obviously the externalized costs of greenhouse gas emissions are deeply undervalued in this move. Even if they are 'fake news' in the US, the rest of the world is finally starting to take them seriously. The US's diminished soft power means it won't be able to easily bully the world into allowing it to pollute without consequence and such an obviously hostile move means it will loose even more of its soft power by taking this position. So on the international level this means we burn a lot of political capital and gain nothing but decades of distrust and anger.
- Current events show that energy security is dominated by decoupling from fossil fuels. This weakens the US strategically and continues to set it up to be manipulated by exceptionally hostile actors.
- Oh yeah and, of course, climate change is real.
This continues the US down the path of being the best buggy whip maker in the world. Worse than that, the US is becoming an obnoxious buggy whip maker who's neighbors are starting to hope fails horribly and will help make that happen as moves like this continue. This is stupid at every scale and in every dimension.
nine_k · · focus · HN ↗
Nothing hampers solar, wind, and batteries though; at worst it takes longer to ship the key components from China to Europe around Africa.
PorciiVorbesc · · focus · HN ↗
Except you know, all the actual mining and manufacturing of those things, which isn't in the west but mostly in China.
dalyons · · focus · HN ↗
PorciiVorbesc · · focus · HN ↗
3eb7988a1663 · · focus · HN ↗
xethos · · focus · HN ↗
Either way though, you don't have 20 years to get up to speed.
rightnutwingjob · · focus · HN ↗
You have 20 years minus one day, as every day elapses.
Existing installed solar capacity is degrading at one day per day.
thelastgallon · · focus · HN ↗
There is no product on the planet that has a a multi decade warranty with this kind of performance guarantee.
rightnutwingjob · · focus · HN ↗