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floatrock | 4 days ago
How do markets build infrastructure as large as an LNG terminal without the government tipping the scales with various guarantees? How do you build a literal coastline of refineries without government clearing the way with permissive regulations? How can you say "let markets figure it out" when the US military is the acquisition department of Halliburton's Iraqi joint venture?
Pretending "markets can figure it out if we just remove government subsidies" is hopelessly naiive. Geopolitics is mostly energy policy.
JumpCrisscross|4 days ago
Nobody argued as much. My point is the net effect of social pressure on the energy transformation has been costly—financially and politically—for relatively little bang.
cmrdporcupine|4 days ago
A whole class of parasites who have made their lives as highwaymen on the densest energy source (outside of uranium) -- that literally comes out of the ground -- have spent at least the last 20 years actively suppressing alternatives.
In some places (see Alberta, Canada), they have literally outlawed renewable developments.
In this context political advocacy, education, and subsidy remain absolutely imperative.
There is no "free market" way out of the current situation regardless of how economically viable solar is. In the real world markets and power are intrinsically linked.
It's also actually also an emergency