this post was submitted on 28 Apr 2025
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The RoI of renewables is already heavily subsidized by the government, and it is still unable to compete with that of fossil fuels. Carbon offsets/credits, a market solution, are very often useless. And that's when solutions are even passed against all the lobbying. There is no market solution out of this. The sooner social democrats realize this, the better.
I'll leave this chart here. That's the raw economics of renewables vs. fossil/nuclear that we're currently dealing with and it's very good news: Renewables are cheaper. As to the reliability of numbers: Costs for fossil and nuclear don't properly factor in externalities, but even with that, renewables are cheaper.
Also you still didn't enlighten us about how to achieve socialism before the world burns. Making sure that electricity networks are up to snuff so that the graph above applies not just to energy production, but the overall system? Trivial, in comparison.