At this point we should call it embezzlement instead of investment
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Not really, I live in a country where green energy keeps going up but so does the electricity prices. You have to believe in Santa if you think the savings ever reach the consumer.
Didn't you hear? That's the problem! The prices must always go up. For the quarterly growth!
Spain invested in green energy and I am paying a shit ton on utility bills.
Finland has done something like this and the few days of winter where it's very cold and no wind are kinda rough. There was a day recently where I spent 50 euros on electricity alone. And I have somewhat efficient heating tech like a geothermal heat pump.
[ cries into green but super expensive Romanian electric bill ]
Presumably Romanian electricity is expensive because non-Russian gas is expensive.
Would also be cheaper if the government owned the energy infrastructure and ran at cost.
Why not nuclear?
There was a time when investing deeper into nuclear would have made a lot more sense. That moment has passed, though. The economics are not on the side of nuclear and the numbers are getting worse by the day - nuclear is getting more expensive over time while renewables and batteries are trending in the complete opposite direction.
It's basically impossible to get any nuclear built without heavy subsidization because of how poorly they function economically, not to mention how impossible it is to buy insurance for such a venture. This is not inherently bad, but it does definitely displace other areas we could be subsidizing instead. I would be in favour of this if nuclear didn't have a completely natural replacement in renewables and batteries.
Solar is so cheap now, that some people can just build their own solar and battery setup themselves.
Yes, but at scale it is significantly cheaper to build larger and distribute it. It also means people don't have to over invest in their own set up just to cover their peak usage. There is also a large amount of up front capital required to build with usually years before you get back what was invested. Its also almost impossible for renters or apartment buildings to do it themselves.
Yes but how would the fascists get kickbacks and bribes then? That's a big chunk of their income. Won't someone think of the oligarchy???
I feel like the reason is obvious. Maybe it is just me.