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Portugal Runs on 100% Renewables Dropping Consumer Electric Bills to Nearly Zero for 6 Days in a Row
(www.goodnewsnetwork.org)
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this post was submitted on 26 Nov 2023
364 points (95.7% liked)
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Our electric company charges 25% more for renewables.
Ah, the old "I'm sucking your money tit as long as I can while my industry dies and I refuse to innovate with my profits" tax.
https://www.euronews.com/green/2022/06/24/from-100-renewables-to-greenwashing-your-energy-supplier-might-not-be-as-green-as-you-thin
There research and infrastructure costs. It's not like it's free.
Thats the "refuse to innovate with my profits" part I said
And? It still is going to cost money.
Companies have obtained tons of public money for research, then charge extra for the research investment. Its a joke.
Correction, it has already cost us money, except the people receiving it were not responsible with the money.
I constantly hear about or see data that solar and wind power are quite a bit cheaper than other methods by now.
Still costs money. It's never going to be free.
Well, in the short-term, yeah. But for the mid- to long-term, it's quite a traditional investment. Pay some money now to build renewables and decommission coal power plants, but eventually break even, because the running cost per kWh produced is quite a bit lower.