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Originally Posted by Onlydo2days
So why is it <10% of the energy mix like 15 years after massive gov't subsidies for it? I'm not trying to be a wise ass either but it hasn't been scaled out at all and that is after having taken out most of the low hanging fruit (solar in the sun belt, wind in the great plains)
Will renewables ever be able to be the main electricity component? Seems like that isn't a remotely viable solution for climate change
7-8 years ago, I was told on this board and by friends that by now it would be a significantly greater source of power than it is. I guess that is just life though, people tend to get too optimistic about innovations they want to see work. Self driving cars another good example, which seems nowhere near scalability.
It is only in the last few years that the price of solar panels and wind turbines have dropped to competitive levels with oil and gas (coal was already losing to gas).
I think Covid had an impact because panels were mostly coming from China and production got stymied.
The bigger problem in the US is that oil & gas companies are buying off politicians, primarily the Republican party. In state parties they are passing all kinds of laws to keep people in the oil and gas market. In some states people would have to pay a significant amount of money to end their natural gas account (like $400). Similarly with the coming bills to forbid farmers to put wind turbines and/or solar panels on their property. Which is seriously messed up. It's their land.
The recent discussion about gas stoves is equally crazy. I read that the gas industry has over 1,800 influencers who are actively making it seem that electric stoves don't work. Or work as well. The irony is that in West Virginia more people have electric stoves than gas stoves. I am in the Czech Republic right now with an electric stovetop. No big deal. I wish I had had half a brain when we renovated our kitchen 8 years ago and got a fully electric stove and oven (our oven is electric). But back then it cost significantly more.
A very big reason that oil and gas are still somewhat competitive is the $20 billion+ a year they get in tax subsidies (I believe it is primarily being able to offset failed wells in the current tax year against other profits whereas every other industry has to deduct it over a 20 year period of time). These subsidies if they ended would hike gas prices and cause short term massive inflation But it would likely mean that all new electric plants built would be some form of renewable energy. If it weren't for Manchin and Synema these subsidies would be gone now.
Ultimately the US will go renewable energy sources because it will end up being cheaper and because we do need to make the planet habitable for humans. But it will take a long time because the development of electric power sources can't happen immediately. There are many power plants that can't be abandoned now due to loss of investment money (though in theory government subsidies could help stop electric company bankruptcies) But in terms of coal plants they will be shut down because the cost of coal (mining and shipping) will be more expensive than the electricity produced by the total cost of building wind turbines and solar panels and their connections to the power grid.
The incredible thing to me, that is not being considered at all, is human life and the medical costs associated with pollution. There are probably hundreds of thousands of people dying each year (around the world) due to pollution. Gas stoves themselves emit harmful fumes that cause significant amounts of asthma in the US alone. The ultimate irony is that the Republican party in the US has declared themselves to be Pro Life (as long as you haven't been born yet...)