This bit is both true, and wildly misleading: Specifically, solar is now so spectacularly cheap, that it is simply going to supplant the vast majority of fossil fuels, almost irrespective of governme… (View Post)

Oh, in the long run, wind doesn't make sense either. I wouldn't be queuing up to invest in wind turbines today. But here's the chart: That's solar price per watt over time. Basica… (View Post)

All of what infrastructure? The UK has gas peaking plants - OCGTs - that work perhaps 20 hours a year, when the electricity price is at its very highest level. Modern gas plants are incredibly inexpe… (View Post)

Yep, and they'll have a role - particularly gas. But gas will only be used at night and when the wind isn't blowing. (View Post)

Well, I agree that - in the medium term - energy use is pretty elastic. But it's not *that* elastic. Per capita energy consumption in the developed world peaked in the early 1970s. And I think i… (View Post)