this post was submitted on 04 Sep 2023
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Asklemmy
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Because renewable energy and nuclear energy require significant capital investment, which the private sector and governments in the age of 'fiscal discipline' are not willing to make.
Renewables (solar and wind) are actually the cheapest forms of electricity generation (see Lazard's Levelized Cost of Energy report). This has been true since at least the 2016 version of the report, and it is true even when the cost of generation is not subsidized with government funding.
This is why Texas is investing so much in building new wind turbines, even though they're not politically inclined toward "green energy" - the cost per MWh is lowest.
This is also affecting nuclear power projects. The cost of wind and solar has dropped to the point where building new nuclear power plants looks financially irresponsible.
yea but the report also mentions energy storage which is necessary for solar and wind because of its intermittent nature.
also cheaper electricity means potentially less profit. why would private sector want that?
electricity market must be destroyed and energy must be exclusively public sector
Can we just... Cull all old people, start fresh? Make some new laws that aren't based on ideologies from the year 1910?
Old people aren't really the problem, capitalists are
I'm going to assume that you're being facetious when you talk about "culling" them (otherwise that's pretty concerning). many old people are annoying, many of them are downright hostile to any progress whatsoever, but they, and the viewpoints they hold, are the symptoms of a much larger problem.