The world is finally spending more on solar than oil production
The world is finally spending more on solar than oil production
The International Energy Agency just released its annual investment report. Here’s where the money is going.
Glad to hear some good news.
While it's good to see removal from fossil fuels, I'd rather see investitions into nuclear, which have advantage of (relative) cleanness of renewables without their production instability.
This is good news!
Which investment generates more energy? How about weighted by usefulness in various ways?
KWH per dollar during whole lifetime, solar wins, even when oil is subsidized (for national security reasons)
There are problems with solar that it is not a steady supply of energy, yet I would argue that it is better that way. People should sleep during the night, not work.
That's a bizzare and frankly nonsensical argument. First of all, power is not just necessary when working (leisure, ac, etc use power too), secondly there are tons of jobs which have to be done at night. They're not done at night "just because". I'm sure many of those would like to "not work" at night, but then the world wouldn't work... Then there's also the problem that not everywhere has sufficient sunlight during winter. It'd be impossible to power Sweden throughout winter using only solar power for instance. Solar is great, but the solution to achieve greater adoption isn't just to ignore the downsides with it, but rather to accomdate them.
I agree on the sleep during nighttime part but we in Sweden also get very few hours of daylight during the dead of winter meaning energy production is very low and if the panels are covered in snow it's nil.
I'm all for solar but it has limitations.
Foookin Yaaasssss