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14 sats \ 3 replies \ @OT 5h \ on: Europe's Green Delusions Are Luxury Beliefs (WSJ, Tom Fairless & Max Colchester) econ
I think the UK and Germany's high prices weren't due to investment in renewable energy, it was mainly because they shut down coal and gas plants too early.
Anyway, they'll just have to learn the hard way.
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0 sats \ 2 replies \ @denlillaapan OP 4h
I mean, same thing? But ok
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3 sats \ 1 reply \ @OT 3h
Not really. They could have kept them going, even investing or upgrading old plants while renewables were coming online.
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0 sats \ 0 replies \ @denlillaapan OP 3h
maybe, but that required them to have different ideas/motives... i.e., you're assuming/hope everything were different.
The problem is that their obsession was get rid of fossil fuels asap, at any cost, and that same obsession -- the problem I'm ridiculing -- also had them build unreliables like mad.
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