This article is about a 19% drop in the last 2 months. Alternative energy methods didn’t increase in popularity/use enough in the last 2 months to cause that much of a drop. The article uses a decent amount of actual data analysis and sources and shows a pretty clear causality between the growth of supply and the stagnation of demand that led to the price drop.
Renewable energy has definitely led to an overall drop in price over the last 15 years but it wouldn’t cause a drop this drastic without a huge increase in use or improvement in technology.
Or the rise of wind mills, solar panels, and electric cars also decrease the demand… get 2 economists in a room and get 3 opinions.
Take this with a giant grain of salt.
I’m looking for the (long, drawn out) end of the gasoline industry, where we enter a virtuous cycle of:
I mean you don’t see demand for whale blubber for lanterns.
That’s gonna be the end result
Plastics.
They’re a small part of what we use oil for though. Significant, but a hell of a lot smaller than fuel
The problem is that the rich are hiding that they’re shit with money and can’t pay interest on their loans by jacking up the prices of everything
Highly likely given the NuScale news
This article is about a 19% drop in the last 2 months. Alternative energy methods didn’t increase in popularity/use enough in the last 2 months to cause that much of a drop. The article uses a decent amount of actual data analysis and sources and shows a pretty clear causality between the growth of supply and the stagnation of demand that led to the price drop.
Renewable energy has definitely led to an overall drop in price over the last 15 years but it wouldn’t cause a drop this drastic without a huge increase in use or improvement in technology.
Found the author
Do you have any counter points or just a cheap joke?
You just named the title of my autobiography