Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

[abu afak]

What is the $90 trillion for?

.
Again the 90 Tril was just a what if /parry number to 100 Tril
These are wild wide estimates
WTF are you doing putting them in stone for
Too dumb.
Gameover
so solly.
`

 

[Flash]

Solar and wind are terrible technologies.

The only things that makes them a good investment are filthy ass destructive government mandates and subsidies.

 

[abu afak]

Solar and wind are terrible technologies.

The only things that makes them a good investment are filthy ass destructive government mandates and subsidies.

Solar is now ‘cheapest electricity in history’, confirms IEA​

13 October 2020

The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

That is according to the International Energy Agency’s World Energy Outlook 2020. The 464-page outlook, published today by the IEA, also outlines the “extraordinarily turbulent” impact of coronavirus and the “highly uncertain” future of global energy use over the next two decades.

Reflecting this uncertainty, this year’s version of the highly influential annual outlook offers four “pathways” to 2040, all of which see a major rise in renewables.
The IEA’s main scenario has 43% more solar output by 2040 than it expected in 2018, partly due to detailed new analysis showing that solar power is 20-50% cheaper than thought.
[...............]

Solar is now ‘cheapest electricity in history’, confirms IEA

The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

www.carbonbrief.org

`

 

[bripat9643]

.
Again the 90 Tril was just a what if /parry number to 100 Tril
These are wild wide estimates
WTF are you doing putting them in stone for
Too dumb.
Gameover
so solly.
`

You are obviously too fucking stupid to understand. The taxpayers never had to pay for replacement power plants in the past, so why do they need to pay for them now?

Taxpayers are paying for that with increased power bills. So how is green cheaper than fossil fuels?

 

[abu afak]

You are obviously too fucking stupid to understand. The taxpayers never had to pay for replacement power plants in the past, so why do they need to pay for them now?

And taxpayers won't be paying for solar either, customers will.
The plants are being built by Private co and investors.
Green stocks/utilities (like Next Era Energy) are building like any other Power Plants.

It's you are are WAY TOO F******** STUPID.

YOU **** MORON. You ************** MORON.

Current traditional Utilities are also building Solar big time

YOU F******* MORON

YOU F******* MORON
`

 

[Flash]

Solar is now ‘cheapest electricity in history’, confirms IEA​

13 October 2020

The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

That is according to the International Energy Agency’s World Energy Outlook 2020. The 464-page outlook, published today by the IEA, also outlines the “extraordinarily turbulent” impact of coronavirus and the “highly uncertain” future of global energy use over the next two decades.

Reflecting this uncertainty, this year’s version of the highly influential annual outlook offers four “pathways” to 2040, all of which see a major rise in renewables.
The IEA’s main scenario has 43% more solar output by 2040 than it expected in 2018, partly due to detailed new analysis showing that solar power is 20-50% cheaper than thought.
[...............]

Solar is now ‘cheapest electricity in history’, confirms IEA

The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.

www.carbonbrief.org

`

Bullshit. Especially when you consider that Joe Potatohead has artificially run up the cost of fossil fuels with anti energy polices.

I have a friend who is an executive for one of the largest power companies in the US.

They are putting in a lot of the stupid solar farms. He is a real engineer and knows that it is shitty technology. I ask him why his company is doing a dumb thing like that.

He said that his company gets a lot of financing from Eurotrash banks. The Euro banks follow the filthy EU guidelines and require the borrows to invest in failed "green" technology.

Because of that and the stupid government subsidies and the fact they can pass the cost of construction on to the consumers it becomes profitable to put in the worthless crap.

It is a big joke with the power companies. Institutionalized government stupidity that will fail.

 

[abu afak]

Bullshit. Especially when you consider that Joe Potatohead has artificially run up the cost of fossil fuels with anti energy polices.

I have a friend who is an executive for one of the largest power companies in the US.

They are putting in a lot of the stupid solar farms. He is a real engineer and knows that it is shitty technology. I ask him why his company is doing a dumb thing like that.

He said that his company gets a lot of financing from Eurotrash banks. The Euro banks follow the filthy EU guidelines and require the borrows to invest in failed "green" technology.

Because of that and the stupid government subsidies and the fact they can pass the cost of construction on to the consumers it becomes profitable to put in the worthless crap.

It is a big joke with the power companies. Institutionalized government stupidity that will fail.

And the Banks would not be financing them to lose money
empty Ignorant Hostile.
`

Please note westwall "Disagree" feedbacks.
He cannot however Voice that disagreement because he is a science and business illiterate.

`

 

[abu afak]

Bullshit. Especially when you consider that Joe Potatohead has artificially run up the cost of fossil fuels with anti energy polices.

I have a friend who is an executive for one of the largest power companies in the US.

They are putting in a lot of the stupid solar farms. He is a real engineer and knows that it is shitty technology. I ask him why his company is doing a dumb thing like that.

He said that his company gets a lot of financing from Eurotrash banks. The Euro banks follow the filthy EU guidelines and require the borrows to invest in failed "green" technology.

Because of that and the stupid government subsidies and the fact they can pass the cost of construction on to the consumers it becomes profitable to put in the worthless crap.

It is a big joke with the power companies. Institutionalized government stupidity that will fail.

​

Renewables made up 92% of new generating capacity in the U.S. in the first half of 2021 - Renewable Energy World​

Renewable energy sources dominated new U.S. electrical generating capacity additions in the first half of 2021.

www.renewableenergyworld.com

`
Please note westwall "Disagree" feedbacks.
He cannot however Voice that disagreement because he is a science and business illiterate.

`

 

[abu afak]

You are obviously too fucking stupid to understand. The taxpayers never had to pay for replacement power plants in the past, so why do they need to pay for them now?

Renewables made up 92% of new generating capacity in the U.S. in the first half of 2021 - Renewable Energy World​

Renewable energy sources dominated new U.S. electrical generating capacity additions in the first half of 2021.

www.renewableenergyworld.com

`
Please note westwall "Disagree" feedbacks.
He cannot however Voice that disagreement because he is a science and business illiterate.

`

 

[bripat9643]

Renewables made up 92% of new generating capacity in the U.S. in the first half of 2021 - Renewable Energy World​

Renewable energy sources dominated new U.S. electrical generating capacity additions in the first half of 2021.

www.renewableenergyworld.com

`

So why do we need the $90 trillion? You are obviously too fucking stupid to get the point.

 

[elektra]

As opposed 90 Trillion to rebuild Fossil plants?
Alot of the 'cost' will just be normal replacing old Fossil plants which don't have to be fed with Saudi Fuel for 30 years.

`

All our fossil fuel plants don't need to be rebuilt. Most last over 50 years. And that is done with profits.

$100 trillion is my money, and other taxpayers money, and our children's money. Wind turbines and Solar panels are already proven failures. That is why $100 trillion in new taxes is needed

$90 trillion, your next magic trick will be to pull a rabbit out of your ass.

 

[bripat9643]

And taxpayers won't be paying for solar either, customers will.
The plants are being built by Private co and investors.
Green stocks/utilities (like Next Era Energy) are building like any other Power Plants.

It's you are are WAY TOO F******** STUPID.

YOU **** MORON. You ************** MORON.

Current traditional Utilities are also building Solar big time

YOU F******* MORON

YOU F******* MORON
`

Consumers are paying with increased utility bills. Check out the cost of power in California: more than double the cost in the cheapest state.

 

[abu afak]

All our fossil fuel plants don't need to be rebuilt. Most last over 50 years. And that is done with profits.

$100 trillion is my money, and other taxpayers money, and our children's money. Wind turbines and Solar panels are already proven failures. That is why $100 trillion in new taxes is needed

$90 trillion, your next magic trick will be to pull a rabbit out of your ass.

Wrong on the power plants,
Wrong on "taxpayer".
PRIVATE money financing and investing in these plants, as are traditional utilities building them.
You guys are so G-D Ignorant

Grreen energy is one of the hottest invesstor rea on Wall street , and customer will be paying just like they do regular electric bills.

****** MORONS

This place is so F(*** stupoid

It's like 80% are 100% ignorant.

Are you guys posting from jail from your Jan 6 Riot sentence?

Please note westwall "Disagree" feedbacks.
He cannot however Voice that disagreement because he is a science and business illiterate.

`
`

 

[elektra]

Wrong on the pwer plants,
Wrong on "taxpayer".
PROVATE money financingf and inbvesting in ntyhese plants, as are traditional utilities building them
You guys are so G-D Ignorant

Grreeen energy is one of the hottest invesstor rea on Wall street , and customer will be paying just like they do regular electric bills.

****** MORONS


`

Everyone pays more for electricity now, because of green energy.

Wind and solar cost over a $100 trillion because they are weak. A little trickle, certainly Abu Afk knows all about little trickles

 

[abu afak]

Everyone pays more for electricity now, because of green energy.

Wind and solar cost over a $100 trillion because they are weak. A little trickle, certainly Abu Afk knows all about little trickles

Wrong
We pay FPL/Florida Power and Light 7% Less this year because Solar in Fl is very efficient.
They don't even have to build another plant saving Millions as customers are using solar and selling it back to them cheaper (and cleaner) than building any new plant.

And traditional electric bills (and gasoline) did go up because FOSSIL FUELS WENT UP, not Solar you dumb ***hole.
You are Hostages of the energy price and the Saudis now.
Not so with solar.

90% if the posters are low IQ MAGAts here.
90%.
`

Please note westwall "Disagree" feedbacks.
He cannot however Voice that disagreement because he is a science and business illiterate.

`

 

[Toddsterpatriot]

As opposed 90 Trillion to rebuild Fossil plants?
Alot of the 'cost' will just be normal replacing old Fossil plants which don't have to be fed with Saudi Fuel for 30 years.

`

Which plants still burn oil?

Idiot.

 

[Toddsterpatriot]

Consumers are paying with increased utility bills. Check out the cost of power in California: more than double the cost in the cheapest state.

Germany pays triple......because green is cheaper. LOL!

 

[Mac-7]

Contrary to what you'll here from most here, incl half skookerAssbil's posts, people DO care.
It's cost-effective, creating jobs, AND a better planet.
**** the Throwback and Trumpov... Coal IS Dead
THIS is why China put Solar on Priority and put alot of Western mfg out of Biz.
Wall Street Journal:

Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels
In 2016, about $297 billion was spent on renewables—compared with $143 billion on new nuclear, coal, gas and fuel-oil power plants,
By Russell Gold - Wall Street Journal
June 11, 2018
Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels

​

Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by Falling costs of producing wind/solar power.​

​

More than Half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind/solar, according to the Int'l Energy Agency.​

​

In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.​

Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind/solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.​

​

Renewable costs have fallen so far in the past few years that “Wind and Solar now represent the Lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.​

​

This is beginning to disrupt the business of making electricity and manufacturing generating equipment. Both General Electric Co. and Siemens AG are grappling with diminished demand for large gas-burning turbines and have announced layoffs. Meanwhile, mostly Asian-based manufacturers of solar panels are flourishing....​

​

WSJ is by subscription, and I can't post the rest due to OP Space constraints.
However, if anyone requests I could post the balance at some point.
`

Why are you telling us this?

no one takes it personally except fanatics like you

I dont think windmills and solar panels can ever fully replace fossil fuel, but nuclear could

so if the greenies ignore the obvious they will never fully achieve their dreams of saving the polar bears

 

[Flash]

When will these stupid Economics denier Moon Bats understand that you don't "outshine" jackshit with government subsidies, mandates and artificial shitty Environmental Wacko polices?

False Economics just like AGW is false Climate Science.

 

[Old Rocks]

When will these stupid Economics denier Moon Bats understand that you don't "outshine" jackshit with government subsidies, mandates and artificial shitty Environmental Wacko polices?

False Economics just like AGW is false Climate Science.

The fossil fuel and nuclear companies get far more subsidies than does renewables. And renewables are still less costly than those forms of electrical generation. You fools are such losers.