alt Hacker NewsAgreed - the good news is, in many circumstances renewable energy is cheaper for new energy capacity. As long as regulations move in the right direction, we are likely to see the global energy mix move towards renewable sources over time
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Muromec • today at 4:39 PM
it doesn't have to be cheaper to be a problem, as long as somebody still makes money on it and corruption still exists.
And corruption is one of those annoying problems that dont go away easy
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Not only is the renewable energy cheaper, it also raises energy independence, which turns out to be quite relevant in today's world.
Furthermore, it also reduces the drain on the (often very fragile, for thirld world countries) foreign reserves, especially relevant when the oil prices fluctuate wildly.
If your solar panels are old and you don't have money to replace them, you get slightly less electricity. If you are out of gasoline/diesel and you have no money to buy it, you have a big, big, problem.