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To: Lurkina.n.Learnin

One major difference. When coal and then oil ascended they did so because they were a cheaper better source. Alternatives are doing so more for political motives than economics.
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I don’t disagree with this but imho in a less than a decade solar and wind will reach grid parity. AND eventually they’ll cost less.

However, the real revolution won’t come until energy is 1/4-1/10 the cost of current cheapest coal/natural gas. That will likely come byo some form of nuclear energy. The betas for that are +-5 years off and production is +-10 years off.

I agree with the article’s premise that its an interesting time for energy but not quite for the reasons they give.


43 posted on 07/25/2015 10:54:57 AM PDT by ckilmer (q)
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To: ckilmer

Reduce the subsidies and find out.


55 posted on 07/25/2015 12:29:29 PM PDT by Ozark Tom
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