alt Hacker NewsThat was my point. We in the EU are destroying ourselves. The US is racing ahead and investing in all kinds of power generation technologies.
That was my point. We in the EU are destroying ourselves. The US is racing ahead and investing in all kinds of power generation technologies.
The difference is Europeans expect government to "fix" things. Americans expect companies to do that.
Eg, the disastrous energy policies all across Europe which have made price of energy insanely high with no hope of ever coming down (these high prices are all locked in with long term contracts).
America just builds lots of new power. Because of fewer market distorting policies the new power comes online at cheaper marginal rates so the price doesn't go up. And now Texas has some of the greener and cheapest energy in the West.