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re: The mass freakout over Bret Stephen's climate change article on NYT
Posted on 5/3/17 at 1:56 am to texashorn
Posted on 5/3/17 at 1:56 am to texashorn
quote:
Highly subsidized by government, wouldn't you say? Coal-fired plant permits are hard to get ($$$), natural gas is frowned upon, while solar and wind have had most of the red tape cut out.
The government is skewing the market (again) through crony Capitalism.
Just last month, Dong Energy in Denmark won the first unsubsidized clean energy bid for a wind farm for Germany. That is the new reality - wind and solar can compete with coal and oil without subsidies, and innovation in the short term will drive costs below them.
There are regulations for solar and wind as well. There are indeed fewer because these pose fewer dangers to the environment (and therefore the public interest) than coal and natural gas do.
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